Myers Dupuy
Venture Partner at 11 Tribes Ventures
Myers Dupuy
Venture Partner at 11 Tribes Ventures
Austin, Texas
Overview
Work Experience
Member of the Board of Advisors
2023 - Current
Venture Partner
2021
11 Tribes is an early-stage venture fund with a mission to catalyze the potential of purpose-driven entrepreneurs to promote human flourishing. In order to do this well, we seek returns beyond the accumulation of financial wealth. We provide entrepreneurs with the right relational, intellectual, and financial resources to see both the business and the people within that business flourish. Our proactive approach leads to entrepreneurs and companies that are more durable, more sustainable, and more profitable.
Founder, Principal Consultant
2020
Scratch Advisors' mission is 2-fold. (1) Deliver high value outcomes for early stage companies. (2) Take care of people in the process of delivering on (1).
Director of Product
2021 - 2022
Fundify is an equity crowd-funding marketplace with a mission to simplify startup funding.
Interim Chief Product Officer
2021 - 2021
Tend is the world's first neobank powered by the social engine of its membership. We exist to create financial wellbeing together, empowering our community to build the next generation of financial services with us. Our interactive platform will be launching in the U.S. and Mexico in 2Q21, beginning with a mobile banking app that comes with all the good stuff and none of the headaches of other financial institutions. A Tend membership means access to amazing perks and rewards, like up to 15% cashback on everyday shopping, up to 10% cashback on travel, a referral program that pays you monthly (you heard that right), and much much more. Need to transfer money? You got it. Build your credit? Yep. Send money abroad? We’ve got you covered. Orbiting Tend is The Green, our community forum that allows members to interact with one another and us through a growing set of interactive capabilities, ultimately placing our members in the driver's seat. We believe your money can best be managed through a peer-based ecosystem. Together, let's make lousy service, terrible hold music, and hidden fees a thing of the past. We charge one monthly fee, and that’s it. With Tend, it’s easy to handle your finances anytime, anyplace - at the beach, on the couch, or wherever you’re scrolling. Let's make bank.
COO / CFO > Scaled team from 4 - 30, grew revenue 14x, managed EBITDA from -35% to +25%
2014 - 2020
As CFO of Cloud49, I built and managed the budget and forecasting tools, set policies for fiscal maturity and discipline, oversaw cashflow, and managed acquisition due diligence. > Improved EBITDA margin from -35% to 25% while revenue grew 14x > Increased billings by 20% with same team > Saved 30% on consulting fees by taking over Finance As COO, I built out and staffed departments from scratch, set up key systems and process, cultivated a healthy culture, and, established career growth paths to increase retention. > Grew staff from 4 to 30 > Oversaw organizational restructure around agile scrum to increase productivity > Built out 3 service programs that delivered $7m annually "Myers has shown that he can lead operations, technical staff, sales staff, and finance and accounting staff, moving from one to the other with earnest care for the people he leads and the mission of the organization. Myers is full of integrity, pays attention to details, and GETS STUFF DONE. " - Ryan Metro "I can't say enough about Myers's ability to guide and motivate others. Having worked in the industry for 35 years at both very large and small companies, I have to say that I've never witnessed a greater leader." - Marc Casey
Co-Founder, President, Chief of Product
2008 - 2014
As the founder and first employee of cbanc, I directly managed all aspects of the company, including product strategy, go to market strategy, team build out, operational and finance performance metrics, and strategic partnerships. > Built first virtual currency backed market place for banks to collaborate online > Signed 18 strategic partnerships > Achieved 85% market adoption for community banks and credit unions As COO and CFO, I managed financial and operational KPIs and reported to the Board. - Oversaw product roadmap and delivery. - Recruited and onboarded the original team, including CTO, CRO, developers and customer success. - Developed new revenue lines "Myers pioneered the first vertical professional network for the community banking industry, and in doing so convinced an entire industry to change the way they work for the better. CBANC today is the #1 online community for banking and credit union professionals due to the many innovations Myers introduced." Bryank Koontz
Operations Director
2006 - 2008
As the Operations Director, I was brought in to scale the post-sales fulfillment for installing and supporting the online banking product. - Stepped into ongoing, escalated implementations and managed them to a healthy end state - Integrated best practices back into operating model - Built and trained team to scale - Was selected by Chairman to lead the in-house product incubation effort that ultimately became the CBANC Network
Vice President Operations
2002 - 2006
As the VP of Operations, I built teams, systems, process and training to deliver and support CoreTrac's homegrown CRM solution for banks and credit unions. For Implementations, my vision was to build the most efficient, repeatable map of how to install and onboard a bank on the product so that we could scale the team and maintain quality. For Support, my goal was to give our customers the kind of surprisingly good support that makes you feel good about the world. "Myers has always impressed me, from the first day I met him, to the day he left his position as Regional Sales Manager to become president of cbanc. Myers is an incredibly versatile individual that can lead an organization, manage people, influence people, close sales, lead projects, and more. I just cant say enough. I would hire him again in a heartbeat!" Alan Buhler