Jay Hoag co-founded TCV in 1995 and has been a venture capitalist and technology investor for more than 37 years. Prior to founding TCV, he was a Managing Director at Chancellor Capital Management, where he spent more than 12 years as a technology-focused venture capitalist and fund manager. Mr. Hoag currently serves on the board of directors of Electronic Arts, Netflix, Peloton, TripAdvisor, and Zillow, among others. He has been involved in a large number of technology investments, including Altiris, Expedia, Facebook, Fandango, and Groupon. Mr. Hoag received a B.A. in Economics and Political Science degree from Northwestern University and an M.B.A. from the University of Michigan.
TCV believes that Mr. Hoag is well qualified to serve as a director as he brings to the board significant experience as a venture capitalist and technology investor for more than 37 years.
John joined TCV in 2002. He has over 20 years of operational, financial, and technical experience, including leadership positions at several global technology companies.
Before joining TCV, John served as one of four CEOs in the Office of the Chairman at Lucent Technologies. John joined Lucent when the company acquired International Network Services (NASDAQ: INSS), where John served as President and CEO. During his five years at INS, revenues profitably grew from $7 million to $440 million, and the company’s employee base increased from 56 to 2,300, establishing INS as the largest and fastest growing network consulting and software company in the world. Prior to joining INS, John was Vice President and General Manager at Unisys Corporation. John began his business career as a sales consultant for CF Software Corporation after serving as a Captain in the United States Army.
John is on the board of directors of OneSource Virtual and TechStyle.
Prior investments John has been involved with include BeVocal (acquired by Nuance Communications), Capella Education Company (NASDAQ: CPLA), Dermstore Beauty Group (acquired by Target), EmbanetCompass (acquired by Pearson), Fiberlink Communications (acquired by IBM), Global360 (acquired by OpenText), Origin Healthcare Solutions (acquired by the Gores Group), Penson Worldwide (NASDAQ: PNSN), Redback Networks (acquired by Ericsson), Triversity (acquired by SAP Canada), and Webtone Technologies (acquired by Fidelity Information Services).
Michael is a founding managing partner of Celesta Capital — a technology venture fund focused on accelerating the monetization and scaling of disruptive companies globally. Prior to Celesta, he was a founding partner of Riverwood Capital, a Menlo Park-based private equity firm. Prior to establishing Riverwood, Michael was a partner and senior advisor at Kohlberg Kravis Roberts & Co. in 2006 and 2007. He spent 13 years as CEO and then chairman of Flextronics International Ltd., building it into one of the largest technology companies in the world.
Michael currently is a Director of Bossa Nova (Chairman), Atonarp, Enjoy, Colors, White Rabbit, The Melt and H2O.ai. Previously, Michael was a Director of Schlumberger Limited and SanDisk.