Founding Chairman: EncrypTix, Inc. delivered stored value "crypto as a service" for mobile devices, providing the storage, transmission, and verification of value over mobile networks and the Internet via one of the earliest centralized cryptonomic networks. Its secure technology platform was licensed from Stamps.com as a means of creating a non-regulated business leveraging the highly valuable Stamps cryptography technology assets.
Focusing on the events, travel, and financial services industries, EncrypTix delivered tickets, coupons, vouchers, certificates, and other forms of value–bearing instruments over public and private networks to any device, including printers, smart cards, PDAs, and wireless devices.
The company was funded by a world class league of financial and strategic partners and investors including The Walt Disney Company (NYSE: DIS), Stamps.com (NASDAQ: STMP); Vulcan Ventures, Inc. ; American Express Travel Related Services Company, Inc. (NYSE: AMEX); Galileo International; GetThere.com, Inc.; Loews Cineplex Entertainment Corporation; Mail Boxes Etc. USA, Inc.; Mitsubishi International Corporation; Sabre Holdings, Inc.( NYSE: AMR) ; SunAmerica Investment, Inc.; and Tickets.com, Inc.(NASDAQ: TIXX)
Simpleair holdings, inc.
Co-Founder and Chairman: SimpleAir is an inventor owned technology licensing company with Intellectual Property assets in the smartphone, wireless content delivery, mobile application, messaging and push notifications markets.
The SimpleAir patent portfolio is widely licensed in the smartphone industry for its specific, highly efficient method for enabling push notifications for infinitely large numbers of both Internet based content providers and mobile receiving devices. Licensees include Apple for its Apple Push Notification Service, Microsoft, RIM, Amazon, Yahoo, Facebook and others. John is the lead inventor of all of the patents in the SimpleAir portfolio, which number more than 20 patents in two families and date to January of 1996.
Founder and CEO: Banking platform automation software provider sold to CFI ProServices: (Nasdaq: PROI, now Harland (UGHO: US))
Loanstar computer inc
(Acq'd: Bankers Systems, Inc.) (Acq'd: Wolters Kluwers Financial Services)
CoFounder and President: LoanStar was an early provider of PC based automated loan processing systems for the commercial banking, savings and mortgage industries. Focus of the company was on regulatory compliance solutions for the Truth in Lending Disclosure and documentation challenges faced by lending institutions at that time. At its peak the company's products were installed in 9,000 of the 16,000 commercial banks in the US at that time.
Turnarounds / Jumpstarts
Stamps.com (nasdaq ipo: stmp)
CEO and Chairman: Stamps.com (NASDAQ: STMP) is a rapidly growing software-as-a-service public company listed on the NASDAQ that is highly profitable and owns dominant market share in its offerings.
He joined the pre-revenue, pre-regulatory approval company to lead a turnaround effort when it had 5 employees and $600,000 in cash having been recruited by its Series A investors and during his tenure the company gained 350,000 subscription SaaS customers, realized a NASDAQ public offering and a highly successful, $365 Million Secondary Offering co-managed by Goldman Sachs and Salomon Smith Barney while gaining 85% share in its market segment.
Stamps.com developed the first FIPS 140 Level 3/4 cryptographic stored value system operated over the Internet and during John's tenure quickly acquired and served 385,000 consumer and SMB customers with federally regulated postage from the US Postal Service, delivered via hosted wallets and remote key management.
Venture investors included Enterprise Partners VC, Redpoint Venture Capital, ForestBinkleyBrown, Chase Capital, Vulcan Ventures, Intel Ventures, et al.
Day Software (Acq’d: Nasdaq adbe)
Turnaround CEO: Day was a leading provider of global enterprise content management solutions . Its customers ranged from the largest financial institution in the world to well known global brands such as McDonalds Corporation, DaimlerChrysler, Volkswagen, Intercontinental Hotels Group and the European Central Bank.
Day was public on the Swiss Stock Exchange during the time of the turnaround effort and was headquartered in Basel, Switzerland and Newport Beach, CA. It was later acquired by Adobe (Acq'd: 2010 Adobe (Nasdaq: ADBE)in 2010 as a strategic acquisition to form a foundational part of the Adobe Creative Cloud.
Preventsys (acq’d: nyse Mcafee)
Jumpstart CEO/Chairman: Enterprise regulatory compliance and security risk management company funded by EnterprisePartners Venture Capital, APAX Partners and UVEN. The company was acquired by McAfee (NYSE:McAfee) and later subsumed into Intel following its acquisition of McAfee.
Breach Security (acq’d: Trustwave)
Jumpstart CEO and Director: John partnered with venture investors to acquire an Israeli security and services company and migrate that company to an Enterprise and SMB application security company in the United States market, leaving engineering as an operating group in Herzliya. Funded by Enterprise Partners Venture Capital, Evergreen Ventures, Pitango Venture Capital and Sid R. Bass Associates. (Acq'd: Trustwave www.trustwave.com )
Advisory and Board Seats
rex real estate exchange
Board Member and Advisor: REX- the Real Estate Exchange, Inc. recognizes that the residential real estate market has gone virtually unchanged for 50 years, and is committed to creating a new and better, more economical experience for buyers and sellers.
REX is a platform where home buyers and sellers list, discover, and purchase homes from any device, anytime, anywhere. For a total fee of 2%, REX takes care of everything both buyers and sellers need, removing traditional agent commissions that can be as high as 6%. Through data-driven marketing, an automated transaction engine and expert concierge service, REX is able to deliver transparent, efficient experiences, speedier and more accurate closings, and savings for buyers and sellers. www.rexchange.com
Advisory Board Member: Stealth Ed Tech Company
Advisory Board Member: Digital Offering is a merchant bank and broker dealer focused on partnering with and investing in high-quality growth companies. The Digital Offering platform provides issuers with the opportunity to market and sell their securities through placement agents to a broad base of active accredited investors and other qualified investors in deal sizes ranging from $3 million to $50 million.
local corporation (Nasdaq: locm)
Local Corporation is a leading national online media company that connects merchants and consumers using powerful technology platforms. Local provides a host of innovative business solutions including digital marketing products and tools such as local business and product search, mobile, SEO, web hosting, social media and daily deals—all to help merchants grow their business.
John was recruited to join the Local Board of Directors as part of a turnaround effort in a declining business with a focus on a significant patent portfolio acquired in a series of prior acquisitions. Setbacks in distribution relationships combined with an acceleration in the decline of core revenues resulted in the company seeking strategic alternatives in the spring of 2015 which resulted in its sale in November 2015 as part of a bankruptcy proceeding.