Tim has over 20 years of operating experience in various technology industries.  The combined value of the exits Tim has been involved with is over $17 billion.  Tim has also overseen 39 mergers and acquisitions during his operating career. Tim brings a wealth of operational and technology experience to the team. 

Prior to joining GrandBanks Capital, Tim held several key operating roles at Geac Computer Corporation Ltd. (TSX: GAC; NASDAQ: GEAC) reporting directly to the CEO, a global enterprise software company that addressed the various needs of the office of the CFO in Fortune 2000 companies. Most recently, Tim was the CEO of all of that company’s business outside the U.S. (Europe, Middle East, Africa, Asia and Pacific), responsible for approximately $220 million of Geac’s $440 million in total revenue and responsible for managing 1,300 people in 20 countries. Geac was a leader in the Business Performance Management market space, and in March 2006, was acquired by private equity firm, Golden Gate Capital, for $1.0 billion in cash. This acquisition represented a more than a 300 percent appreciation in the market capitalization of the business during his tenure with the company. Prior to Tim being named CEO of Geac’s non-U.S. businesses, he was a Senior Vice President and Chief Technology Officer, as well as a Chief Information Officer responsible for handling the company’s strategic direction regarding technology and new products.

From November 1999 through December 2002, Tim served as a Senior Vice President, Chief Technology Officer and Chief Information Officer at Terra Lycos S.A. (NASDAQ: TRLY; MADX: TRR), a company possessing the largest global footprint of any Internet group at the time. Tim started with Lycos, Inc., working for Highland Capital Partners’ Managing General Partner Bob Davis, who was Lycos’ CEO. Tim was Lycos’ CTO at the time of its sale to Terra Networks, S.A. in 2000 for over $12 billion. With a presence in 42 countries and content in 19 languages, the company’s technology reached 116 million unique users per month and noted 2.3 million combined paying users and communications customers. Tim was responsible for management of the Technology Organization across all of the Terra Lycos business lines, driving the strategy, planning, budgeting, engineering, operations and internal systems. He oversaw 750 staff members in 10 development centers around the world and was responsible for managing an average budget of over $350 million in capital spending and operating expenses. Tim was also responsible for the integration efforts of nine companies that were acquired by Terra Lycos during his time with the company, including Gamesville, a SOFTBANK Venture Capital investment led by Charley Lax.

From 1992 through October 1999, Tim worked for The Learning Company (“TLC”) The Learning Company (“TLC”) in a variety of roles, including Senior Vice President and Chief Information Officer. At TLC, Tim was responsible for the management of integration of 25 acquired company technologies into the existing TLC systems. Throughout his more than eight years at TLC, Tim played an integral role in the development and growth of the company, including its $3.8 billion sale to Mattel in May 1999. At the time of the sale, TLC was the number one player in consumer education and home productivity software markets as measured by PCData. Tim also worked on the design and development of various software titles while serving as Vice President of Research and Development, including American Heritage Dictionary, Calendar Creator, Labels Unlimited and Photofinish.
Tim received his Bachelors of Science degree, summa cum laude, from City University in London. Tim is currently a member of the Board of Directors for LookSmart, Ltd.  (NASDAQ: LOOK) and is a member of both the Compensation and Audit Committees. He served on the Advisory Boards for both Storage Networks (NASDAQ: STOR) and Teradata, and is a frequent speaker at various industry events. Tim also serves on the Board of Trustees of the Brimmer and May School in Newton, Massachusetts.

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Jon Chait has over 25 years of experience in building high-growth technology, digital media and service companies as an investor, entrepreneur and former operating executive. Before teaming on founding Dace, Jon was a principal and partner-nominee at Pod Holding (now Pod Venture Partners) in Boston, MA and Stockholm, Sweden, investing in early-stage ICT convergence and consumer ventures. Jon was actively involved with Pod’s existing investments in Peppercoin (sold to Chockstone), ServiceFactory (sold to Birdstep), Corestreet, OzVision and others. Previously he served as managing director of Garage Technology Ventures, a VC seed fund and investment bank. Jon also was CEO and founder of Reality Bytes (sold to Lightpaths), a new media entertainment publisher and leading middleware solutions provider to multimedia PC and video graphics OEM’s. He earlier held engineering, marketing and management positions at Lotus Development Corp., (now IBM/Lotus). Jon currently serves on the boards of auctionPAL, LocaModa, Mall Networks and as board observer for EveryScape.

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Bob Greene is a co-founder of Contour Venture Partners and has been a venture capitalist since the late 1980's. He has invested in all stages of venture capital across several industry sectors.

Prior to launching Contour, Bob was one of the three managing partners of Flatiron Partners. Located in New York City, Flatiron was a leading venture capital firm focused on the information technology sector. The firm backed over 50 companies with over $500 million of venture capital. Bob has also been an active private investor, where he has invested his own capital in emerging technology companies in the northeast United States.

Before joining Flatiron full time in 1999, Bob was a General Partner at Chase Capital Partners (also known as JPMorgan Partners). Bob joined Chase Capital in 1994 when it was known as Chemical Venture Partners. In the ensuing five years he started, built and led Chase Capital's Technology and Internet practice.  Some of Bob's notable investments during his career include:
Acurian, Agamatrix, Exit41, FundQuest, GeoCities, Kinkos.com, LeeAnn Chin, Muer Restaurant Group, Multex, Resonate, SeamlessWeb, SwapDrive, Stamps.com, and Vindigo.

Bob started his venture capital career in 1988 with Prudential Equity Investors as a generalist investor. Prior to this, he was a banker for five years with First Boston and Fleet Financial.

Bob is the President of the Venture Investors Association of New York and has been on the VIANY Board since 1994. Bob has been a guest lecturer at The MIT Sloan School of Management since 2000, and served for five years on the Undergraduate Financial Aid Committee of the Board of Trustees of the University of Pennsylvania.

Bob received a B.S. from the Wharton School of Business and an M.B.A. from The MIT Sloan School of Management.

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John Humphrey is a successful entrepreneur, dedicated community leader, and advisor to senior business leaders. Customer focus, leadership and human resource development have been the foundations of his work. He has co-founded four organizations and has 35 years experience working with senior executives to achieve their business objectives.

John has served as the first Chairman of the Board of Governors of the American Society for Training and Development (ASTD). He was the 1992 recipient of ASTD’s highest honor, the Gordon M. Bliss Award. He was also the 1998 chair of the ASTD’s Board of Directors.  In addition, John was the founding president of the Instructional Systems Association, a trade association.  He has recently stepped down as Chairman of the Board of Trustees of the Boston Ballet after serving 14 of the last 22 years. He has a lifetime interest in education and is active with the Harvard Graduate School of Education serving on the Dean’s Council and Advisory Board of the Arts in Education Program. He is also a Trustee of Skidmore College and Simmons College.

John earned a B.S. in Industrial Engineering from Iowa State University and an M.B.A. from the Harvard Graduate School of Business Administration.

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Joe Gagnon brings over 25 years of business and technology strategy, and systems implementation experience to Exit41. Prior to joining Exit41, Joe was Vice President, Global Leader of IBM’s Retail Industry business. In this role, he was responsible for the overall strategy, direction and business operations of Retail globally. He joined IBM when Mainspring, a strategy consulting firm, was acquired in 2001. At Mainspring, Joe was Corporate Officer and Senior Vice President, and had overall responsibility for the operations of the consulting business. Before Mainspring, Joe was a consulting partner at Ernst & Young LLP where he spent ten years serving clients in Retail and other consumer focused industries implementing new and emerging technologies.

Earlier in his career Joe led the store systems group at Mercantile Stores, an apparel retailer, where under his leadership Mercantile developed and rolled out Time and Attendance, IBM 4680 Point of Sale, Price Lookup, Bridal Registry and Merchandising.

Widely recognized as a thought leader in the application of technology in business, Joe is a speaker at numerous conferences and trade events, and has been widely quoted in various publications, most recently in the Wall Street Journal, New York Times, and Inc. Magazine. Other features include:The History Channel’s Modern Marvels, CNBC’s “On The Money,” The Boston Globe, CNN.com, NPR’s “Marketplace,” QSR Magazine, National Restaurant News, Investors Business Daily, Forbes, CIO Magazine, and Computerworld.

Joe has a B.A. in Economics from Fordham University.

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