Bill Clerico
Managing Partner at Convective Capital
Bill Clerico
Managing Partner at Convective Capital
San Francisco, California
Overview
Work Experience
Founder & Managing Partner
2022 - Current
Early stage investors in founders building solutions to extreme wildfire
Board Member
2021
Managing Director, Chase Merchant Services
2017 - 2021
Following WePay's acquisition by J.P. Morgan, I led the global team responsible for integrated payments and small business merchant services, including WePay. Combining the capabilities, franchise and reach of J.P. Morgan with startup culture and technology talent, we built instant digital boarding, modern APIs, new terminal hardware and new products like Chase Business Complete Banking - a new type of small business checking account featuring the ability to accept credit cards in the Chase mobile app.
CEO & Co-founder
2008 - 2021
Founded WePay and led the company through launch, growth and a major pivot, achieving profitability and being acquired by JP Morgan Chase in December 2017. Our journey was not all "up and to the right" - it was a 12 year grind, frequently interrupted by doses of exuberant joy and sheer terror. Post acquisition, WePay became the integrated payments arm of Chase Merchant Services and the technology platform for a total reboot of SMB payment products. I'm proud of what we accomplished, but even more so how we did it: by building a team of 500+ dedicated, values-driven, customer-focused, kind and human people. I feel lucky I had a chance to work with them.
Part-time Partner
2016 - 2019
Offered advice & empathy to founders in the trenches.
Investment Banking
2007 - 2008
Began my career in investment banking, providing M&A and capital markets advisory to software and digital media companies.
Disaster Services Team Leader
2003 - 2008
Had the privilege of leading the award winning & all volunteer Boston College Disaster Action Team. We were on call Monday nights to respond to small & mid-sized disasters in the Massachusetts Bay area, including house fires, blizzards, floods & national security drills.
Technology Analyst (Intern)
2006 - 2006
Spent a summer doing system and order analytics for high frequency trading order routers.
Network Engineer (Intern)
2002 - 2006
I helped build some of the first battlefield video teleconferencing systems for the U.S. Army during summers and academic breaks.
Advance Aide
2003 - 2004
Advance Aid to Massachusetts Governor Mitt Romney & Lieutenant Governor Kerry Healy. Assisted in event production & planning, coordinated and faciliated appearances.
Education
Bachelor of Science
2003 - 2007
Diploma
1999 - 2003