Michael Silton
Managing Director at Act One Ventures LP
Michael Silton
Managing Director at Act One Ventures LP
Los Angeles, California
Overview
Work Experience
Managing Director
2016 - Current
Act One Ventures is a Los Angeles-based venture capital firm investing in business software with a focus on ecommerce infrastructure, vertical SaaS, and fintech. The firm manages $147 million across three funds and multiple SPVs. We leverage our experience as software founders and our diverse networks to support the growth of startups who have the kind of founder-market fit necessary for solving real problems in their respective industries.
Executive Director / Chair
2012 - 2016
Inspiring entrepreneurship in the UCLA community of alumni, students and faculty. Providing access to capital and connections. Portfolio includes Cloudera, DogVacay, Formative, Twitter, SolarCity, Kythera Biopharmaceuticals, Vicept Therapeutics and TheBouqs. Founding member in 1999. Leading entrepreneurial focus since 2006. Executive Director / Chair 2012-2016.
CEO Founder
1998 - 2012
Founded company and took public on Nasdaq. Grew to over 1,500 employees worldwide. CEO for over 43 public quarters. Peak market cap in excess of $1 billion. Multiple years on Deloitte & Touche Fast 50. Leading provider of SaaS solution for global B2B eCommerce across entire customer lifecycle. Sell, Renew, Educate, UpSell. Clients included Microsoft, Abbott, HP and Vanguard.
Co-Founder
1991 - 1998
A pioneer in electronic software licensing and distribution. The leading direct marketer of complex Unix based software products. Co-founded company, built to profitability and significant revenue. Sold to Savoir Technology (now Avnet). Multiple years on the Inc. 500 fastest growing private companies list ranked as high as #22 in USA.