|Born||September 30, 1968|
Boulder, Colorado, United States
|Alma mater||University of Michigan|
|Occupation||Co-founder, Managing Partner, Investor|
Tige Savage (born September 30, 1968) is an American investor, co-founder and managing partner of Revolution LLC, a principal investment firm based in Washington, D.C., which has investments in companies such as RunKeeper, Homesnap, Booker, Framebridge, Busbud, BenchPrep, and Insikt. He was a key investor in LivingSocial in its founding years.
The United States of America (USA), commonly known as the United States or America, is a country comprising 50 states, a federal district, five major self-governing territories, and various possessions. At 3.8 million square miles, the United States is the world's third or fourth largest country by total area and is slightly smaller than the entire continent of Europe. With a population of over 327 million people, the U.S. is the third most populous country. The capital is Washington, D.C., and the most populous city is New York City. Most of the country is located contiguously in North America between Canada and Mexico.
An investor is a person that allocates capital with the expectation of a future financial return. Types of investments include: equity, debt securities, real estate, currency, commodity, token, derivatives such as put and call options, futures, forwards, etc. This definition makes no distinction between the investors in the primary and secondary markets. That is, someone who provides a business with capital and someone who buys a stock are both investors. An investor who owns a stock is a shareholder.
Revolution LLC is an American investment firm based in Washington, D.C., founded in 2005 by Steve Case, Donn Davis, and Tige Savage. Notable investments include LivingSocial and Zipcar.
Savage was an executive at Riggs National Corporation in the mid-1990s; he simultaneously served on the board of directors of Allbritton Communications Company. From 1998 to 2000, he managed technology and media sector investments as executive vice president of Riggs Capital Partners.
From 2001 to 2003, Savage managed investments in technology and media companies as vice president of Time Warner Ventures.
In 2005, Savage co-founded Revolution with partners Steve Case and Donn Davis;Savage leads Revolution’s venture capital investing activities as managing partner of Revolution Ventures.
Stephen McConnell Case is an American entrepreneur, investor, and businessman best known as the former chief executive officer and chairman of America Online (AOL). Case joined AOL's predecessor company, Quantum Computer Services, as a marketing vice-president and became CEO of the company in 1991. Since his retirement as chairman of AOL Time Warner in 2003, he has gone on to invest in early and growth-stage startups through his Washington, D.C. based venture capital firm Revolution LLC. Case authored The Third Wave: An Entrepreneur's Vision of the Future which became a New York Times bestselling book in 2016. Case recently gave a fireside chat at TechCrunch Disrupt NYC, on May 16, 2017, titled "Building Silicon Valley Outside of the Valley."
In 2011, Savage was named one of Washington, DC’s “100 Top Tech Titans”by Washingtonian Magazine and in 2013 he was named Financier of the Year at the Northern Virginia Technology Council Annual Awards. Savage has been interviewed by The Wall Street Journal, Business Insider, MIT Technology Review, The Motley Fool, and This Week in Venture Capital about Revolution’s investment philosophy as it pertains to LivingSocial and Zipcar.
The Wall Street Journal is a U.S. business-focused, English-language international daily newspaper based in New York City. The Journal, along with its Asian and European editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The Journal has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser.
Business Insider is an American financial and business news website published by Insider Inc. It operates international editions in the UK, Australia, China, Germany, France, South Africa, India, Italy, Indonesia, Japan, Malaysia, Netherlands, Northern Europe, Poland, Spain and Singapore. Several International editions are published in local languages: Chinese, Dutch, French, Italian, German, Polish and Japanese. It is owned by the German publishing house, Axel Springer SE.
LivingSocial is an online marketplace that allows its registered users to buy and share things to do in their city. Formerly headquartered in Washington, D.C., LivingSocial had roughly 70 million members around the world in 2013. The company shrank from a peak of 4,500 employees in 2011 to about 200 in 2016. LivingSocial was purchased by Groupon in 2016.
Savage was credited for his role in developing LivingSocial's strategy in a profile of the company in The Washington Post that same year.In 2012, he wrote an online review of e-commerce technology platforms.
The Washington Post is a major American daily newspaper published in Washington, D.C., with a particular emphasis on national politics and the federal government. It has the largest circulation in the Washington metropolitan area. Its slogan "Democracy Dies in Darkness" began appearing on its masthead in 2017. Daily broadsheet editions are printed for the District of Columbia, Maryland, and Virginia.
Savage holds a Masters in Business Administration from the University of Michigan's Ross School of Business and a Bachelor of Arts degree from James Madison University. He was born in Boulder, Colorado.
Savage currently holds seats on the Board of Directors of Resolute Innovation, LivingSocial, Booker, Homesnap, OrderUp, and Framebridge among other companies. Previous Board seats include Zipcar and Flexcar (Zipcar) (acquired by Avis), HelloWallet (acquired by MorningStar and most recently by KeyCorp ), and Revolution Money, which was acquired by American Express.
Marc Lowell Andreessen is an American entrepreneur, investor, and software engineer. He is the co-author of Mosaic, the first widely used Web browser; co-founder of Netscape; and co-founder and general partner of Silicon Valley venture capital firm Andreessen Horowitz. He founded and later sold the software company Opsware to Hewlett-Packard. Andreessen is also a co-founder of Ning, a company that provides a platform for social networking websites. He sits on the board of directors of Facebook, eBay, and Hewlett Packard Enterprise, among others. Andreessen was one of six inductees in the World Wide Web Hall of Fame announced at the First International Conference on the World-Wide Web in 1994..
Benchmark is a venture capital firm based in San Francisco that provides seed money to startups.
Accel, formerly known as Accel Partners, is an American venture capital firm. Accel works with startups in seed, early and growth-stage investments. The company has offices in Palo Alto, California and San Francisco, California, with additional operating funds in London, India and China.
Insight Partners is an American venture capital and private equity firm based in New York City. The firm invests in growth-stage technology, software and Internet businesses.
Chris Dixon is an American internet entrepreneur and investor. He is a general partner at the venture capital firm Andreessen Horowitz, and previously worked at eBay. He is also the co-founder and former CEO of Hunch, a website.
Groupon is an American worldwide e-commerce marketplace connecting subscribers with local merchants by offering activities, travel, goods and services in 15 countries. Based in Chicago, Groupon was launched in November 2008, and the first market for Groupon was Chicago, followed soon thereafter by Boston, New York City and Toronto. By October 2010, Groupon was available in 150 cities in North America and 100 cities in Europe, Asia and South America, and had 35 million registered users. By the end of March 2015, Groupon served more than 500 cities worldwide, nearly 48.1 million active customers and featured more than 425,000 active deals globally in 48 countries.
Upserve, originally Swipely, provides a restaurant management platform which allows independent full-service restaurants to run and manage their entire business. The Platform is made up of restaurant-specific point of sale (POS) software, payments, and analytics, online ordering, loyalty, and marketing tools designed specifically for restaurants. At the center of the Upserve Platform is the cloud-based Upserve POS, a point of sale system that Upserve acquired from Groupon in 2016.
Mark Suster is an American entrepreneur and venture capitalist. He is a managing partner at Upfront Ventures, the largest venture capital firm in Los Angeles. Suster is a prominent blogger in the startup venture capital world.
HelloWallet is a web and mobile application for employees, founded by former Brookings Institution scholar Matt Fellowes. It provides personalized financial guidance to members and relies on behavioral economics to incentivize workers to implement its advice.
E.ventures, formerly BV Capital, is a global venture capital firm with an early-stage investment approach in the markets of Adtech, Commerce, Fintech, Media, Mobile and Software. It was founded 1997 in Santa Barbara, California and has since grown to invest in five different regions worldwide: United States, Europe, Russia, Asia and Brazil. The firm has its headquarters in San Francisco, California, with additional offices in Hamburg and Berlin, Germany; Beijing, China; Tokyo, Japan; Moscow, Russia and Sao Paulo, Brazil.
9flats is an online marketplace enabling people to lease or rent short-term lodging including vacation rentals, apartment rentals, homestays, hostel beds, or hotel rooms. The company does not own any lodging; it is merely a broker and receives percentage service fees (commissions) from both guests and hosts in conjunction with every booking.
AngelList is a U.S. website for startups, angel investors, and job-seekers looking to work at startups. Created in 2010, the platform has a mission to democratize the investment process and to help startups with their challenges in fundraising and talent. It started as an online introduction board for tech startups that needed seed funding. Since 2015, the site allows startups to raise money from angel investors free of charge.
Lightbank is a financial organization that specializes in making venture capital investments in "disruptive" technology companies in the United States including seed investments, Series A round and late-stage investments. It combines investment with guidance and direct involvement with the companies it invests in. Unlike most such companies, it does not concentrate on Silicon Valley, but has a presence across the United States. It was founded by Brad Keywell and Eric Lefkofsky. It is headquartered in Chicago and it has made investments in companies in Chicago, New York City, Omaha and the Bay Area.
Intel Capital is a division of Intel Corporation, set up to manage corporate venture capital, global investment, mergers and acquisitions. Intel Capital makes equity investments in a range of technology startups and companies offering hardware, software, and services targeting artificial intelligence, autonomous technology, data center and cloud, 5G, next-generation compute, semiconductor manufacturing and other technologies.
Baseline Ventures is a venture capital investment firm that focuses on seed and growth-stage investments in technology companies. The company was the first seed investor in Instagram, an early investor of Twitter and has been called "one of Silicon Valley's most successful--and smallest--investment firms" by Forbes. It is headquartered in San Francisco, California.
OrderUp was an online and mobile food-ordering and delivery company which operated in at least 37 markets. Prior to being acquired by Grubhub, OrderUp was a part of the Groupon family of companies and operated as both OrderUp and Groupon-To-Go.
Social Capital, formerly known as Social+Capital Partnership, is a venture capital firm based in Palo Alto, California. The firm specializes in technology startups, providing seed funding, venture capital and private equity.