Venture Fund Member Profile
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The DreamIt founders designed DreamIt to be the startup accelerator program they wish existed when they started and sold their first companies. New startups today need only a little funding, but they need more help and support than ever before. They need a community of fellow entrepreneurs to share ideas and inspiration, technologists to join their team, Mentors and coaches who have struggled on their way to a big success, legal and accounting services that don't cost precious cash, and opportunities to meet and pitch angel investors and venture capitalists.
So how does DreamIt work? It all starts with bright, energetic people with great ideas. People like you. Then DreamIt adds all the help and support you need to build the next great company
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Mark Wachen
Managing Director
Dreamit Ventures |
Mark Wachen is the Managing Director of DreamIt NYC and will oversee the Summer 2011 program in New York City. Wachen is also the Managing Director and Founder of Upstage Ventures, a firm that advises and invests in consumer internet and interactive marketing companies. Wachen is a Board member of Optify and OrderGroove, and has worked with a variety of other companies including ChaiLabs (acquired by Facebook), SeatGeek, Opinionaided, GameChanger, STELLAService, CatchAFire, and Cyan Pictures. Prior to Upstage, Wachen was the Managing Director of Autonomy Optimost. Wachen founded Optimost, the company that pioneered multivariable testing and optimization on the internet, in 2001 and served as its CEO up until its acquisition by Interwoven in November 2007 (Interwoven was then acquired by Autonomy in March 2009). Prior to Optimost, Wachen worked for seven years at Sony, overseeing a wide variety of Internet initiatives. Wachen was CEO of Indimi (Internet Direct Marketing Intelligence, Inc.), a company majority-owned by Sony. In this role, he spearheaded the acquisitions of InfoBeat, AdTools, and DailyRating. Prior to Indimi, Wachen was Vice President of Online Ventures for Sony Music, where he directed many online initiatives, including Sony Music's investments in Spinner (acquired by AOL for $300 million), and the launch of the Sony Music Online Website in 1994. Wachen graduated summa cum laude from Dartmouth College and has an MBA from Harvard Business School.
Representative Investments
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PhrazIt is a fun, new way to browse and share condensed opinions for any topic; combining the speed or numeric ratings and the substance of written reviews. Topic pages feature opinions in 30 characters or less ("phrases") and are displayed in easy to absorb word clouds. Visitors can easily see what others think of movies, restaurants, people, products or services in a glance and add their own opinion by clicking on an existing phrase or quickly entering phrases of their own. |
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Campus Sponsorship provides a new, exciting way for brands to engage with college students and for students to raise money for their on-campus clubs. The process starts when a fraternity, sorority, sports team, or other college club signs up to our system. We offer their members and those membersʼ friends the ability to raise money for the group by completing fun, short, online activities - each sponsored by an advertiser. As each activity is completed, money is raised for the student organization and the advertiser gets a few minutes of engagement. Activities can be posted onto Facebook and other social platforms, encouraging friends of friends to help raise money and making the online activities very viral. |
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Tembo is disrupting gaming for kids age 12 and under by creating a network of social games that are addictively fun for the kids and yet provide a positive impact. This mean games that feed kidsʼ curiosity yet deliver positive learning experiences that all parents prefer. Or, simply, awesome games with smart premises. |
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Launchups is a platform where business owners can get help with their day-to-day questions from experts and experts can quickly screen prospects to find new clients.
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Mark participated in the FundingPost event: NYC Early-Stage Angel and Venture Capital Event
on Thursday, May 12, 2011 in NY, Sponsored by Bingham McCutchen
To list your Company on our website and make your profile available to Mark and 7,500+ other VCs and Angel Investors, Click Here.
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About FundingPost
For over Twelve Years FundingPost has worked with thousands
of Angel and Venture Capital Investors. We believe that it is
important to reach investors in every medium possible -
both online and offline. We have been directly responsible for
tons of success stories and Millions and Millions of dollars raised.
We look forward to introducing your company to the leading Venture and Angel Investors nationwide.
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