Ron Posner

Bio

Mr. Posner has been a leader in the consolidation of the high technology, internet and software industries for more than 30-years. He has a strong track record as CEO, investor and board member of improving market values and liquidity results for public and private companies in record time frames. He started his career at The Coca-Cola Company and Xerox Data Systems in sales and marketing roles. He then led two successful liquidity events in the computer services business in the 70's at National Training Systems, which he founded and sold the Safeguard Scientifics (SFE), and Tratec, which was taken public and then sold to McGraw Hill. He then led consolidation and turnarounds in the PC and enterprise software industries from the early 80’s to the mid-90’s as CEO of Peter Norton Computing, which he merged with Symantec (SYMC); as CEO of Wordstar, which he merged with The Learning Company to create over $3B in market value after 20 consumer software acquisitions; and at Ansa software (CEO role) and Ashton-Tate (Exec VP role), both of which were merged into Borland (BORL). He was an investor and board director of Cyber-Media, which was sold to McAfee (MFE), and SmallWorld in the UK, which was sold to General Electric. He was also an early investor in Segue Software (SEGU), just sold to Borland. Mr. Posner then participated in the growth and consolidation of the internet industry, starting in the mid-90’s, as a start-up investor/board member in such companies as Match.com, sold to InterActive Corp (IACI); Spinner.com, sold to AOL; NetAngels/Firefly, sold to Microsoft; Rival Networks, sold to Terra-Lycos; Flipside.com, sold to Vivendi, and Click2learn that was merged with Docent to form Sum Total Systems (SUMT). He remains an active investor in www.iwin.com. Since its formation in 1997, PS Capital, has made investments in and provided advisory services to the telecom/wireless/digital media industries. PS Capital also led the recapitalization of Novatel Wireless (NVTL), and made investments in Popular Telephony, a VOIP company, Iris Wireless, Brand Mobile, Instrumental Media, and d3d Media. Recently Mr. Posner became a Venture Partner at Saints VC (www.saintsvc.com), focused on secondary venture transactions in Europe and Asia. He also serves on the advisory boards of IDG Ventures (San Francisco), Next Stage Ventures (Paris), Palace Ventures (London), and Minerva/Sabanci Ventures (Turkey). He was the first E.I.R. at Mayfield Fund in 1988. Additionally, Mr. Posner serves on the boards of eChinaCash, Trinity Learning and Razorsight, and is an investor in several VC Funds, including NEA and JP Morgan Technology Partners. MBA from Harvard Business School and a BS in Math from Rensselaer.