Mark is Principal of venture capital management firm Innovation Forward. Mark has participated in the creation of 12 seed, angel, venture and corporate funds including:
- The East Central Ohio Tech Angel Fund which is a top decile performing 2008 vintage fund; and
- The Ohio TechAngel Funds which is investing from its fourth fund and, with 340 Members, is the largest angel fund in the U.S.
At The Ohio State University Research Park (Scitech) Mark managed pre-seed funds that invested $1.4 million into 14 early-stage technology companies. He then secured $25 million of follow-on venture and angel investment and $8 million of Federal and State grants.
At The Ohio Partners, an early-stage venture capital affiliate of the Dispatch Printing Company, Mark invested $35 million into 10 information technology companies. Fund performance was 1 IPO and 7 acquisitions.
At CompuServe, an $880 million information technology company, Mark led the launch of a $530 million IPO (at 3.5x sales and 56x earnings) led by Goldman Sachs and Merrill Lynch. He also helped grow revenues 330% ($655 million) over 6 years by directing the M&A, venture capital, strategic planning, treasury, budgeting and analysis, cost accounting, and internal reporting activities.
At OCLC Online Computer Library Center, a $236 million library services company, Mark directed the new product analysis process which launched the world’s most used reference database (OCLC FirstSearch). He helped grow revenues 200% ($59 million) over 7 years by managing the M&A, planning and analysis, and internal reporting activities.
Mark received his MBA in finance from The Ohio State University. He earned his undergraduate degree in management from Ohio University.