Ian Doody
Managing Partner at Powerhouse Capital
Los Angeles, California
Overview
Work Experience
Co-Founder & Managing Partner
2019 - Current
Powerhouse Capital is a Los Angeles based venture fund exclusively dedicated to global technology investment opportunities in media, entertainment & interactive gaming. We are building "The Gateway to LA", authentically helping to connect this vibrant ecosystem with powerhouse companies, teams & ideas. Powerhouse invests in direct-to-consumer platforms powered by data, as we believe this is where accelerated value creation will accrue in the coming global investment cycles. Powerhouse has an investment strategy focused on the four pillars of the media ecosystem: (i) Sight (Visual Content), (ii) Sound (Audio, Music & Podcasting), (iii) Play (Gaming, Sports & Esports), and (iv) Live (The Experience Economy, Live Streaming). Powerhouse was founded in 2019 by veterans of Evolution Media, a platform investing in partnership with TPG and CAA, to invest in high growth companies. The Powerhouse team has directly relevant operating, investing and Board experience in these sectors, providing for a focused and unique perspective in sourcing opportunities for value creation. Investors in: The Athletic Calm Wondery QCode Media Endel.io Dipsea Stories CareerTu
Board Of Directors, Investor
2018 - 2022
The Athletic is an online media company that specializes in online news publishing for the sports industry.
Raised $139,459,000.00 from Bedrock Capital Partners, Comcast Ventures, Y Combinator, Powerhouse Capital, Switch Ventures and Emerson Collective.
Board Of Directors, Investor
2017 - 2019
Stem Disintermedia helps creators, artists, and musicians collect digital revenue and enables them to track and share their earnings.
Raised $292,500,000.00 from Victory Park Capital.
Board Of Directors, Investor
2015 - 2019
Gametime sells last-minute tickets to the most popular events in sports, music, and theater.
Raised $71,599,983.00 from Accel, Blitzscaling Ventures, Palapa Ventures, Bolt Ventures, Next Play Capital, Maven Ventures, University Growth Fund, Tenere Capital, Alumni Ventures and Google Ventures.
Principal
2008 - 2019
Board Of Directors, Investor
2017 - 2019
Fred Segal is the fashion destination for those who live uniquely, love freely and listen to their own fashion heart.
Board Observer, Investor
2014 - 2018
Scopely is an entertainment and video game company that creates, publishes, and live-operates immersive games.
Raised $998,500,000.00 from Empede Capital, Maximize Capital, Veligera Capital, Nelstone Ventures and Employee Stock Option Fund.
Board Observer, Investor
2014 - 2018
Layer3 TV is a cable provider that combines television, social, and digital life.
Raised $72,000,000.00 from Evolution Media and North Bridge Venture Partners & Growth Equity.
Business Development and Programming
2005 - 2007
Analyst, Portfolio Manager
2004 - 2005