Bud Colligan Explained

Bud Colligan
Birth Name:John Christopher Colligan
Birth Place:Los Angeles, California, US
Alma Mater:Georgetown University
Stanford University
Occupation:entrepreneur
investor
Monterey Bay Economic Partnership (co-founder)
Accel Partners(former partner)
Macromedia(former Chairman and CEO)
Relatives:Ed Colligan (brother)

John C. "Bud" Colligan (born August 14, 1954) is a community activist, social entrepreneur, investor and company builder. He was appointed by Governor Gavin Newsom as his senior advisor for international affairs and trade in March, 2019.[1] He is co-founder of the Monterey Bay Economic Partnership (MBEP),[2] co-founder of the non-profit community-development organization Pacific Community Ventures, former partner at Accel Partners, a global venture capital firm, and former chairman and CEO of Macromedia,[3] a multimedia software company.

Early life and education

Colligan was born in Los Angeles, CA to John "Jack" Borradaile Colligan and Dolores Gertrude Gallagher, both descendants of the Armijo family.[4] Colligan was raised in Glendale, CA along with five siblings, including youngest brother Edward "Ed" Colligan.[5] [6] He graduated in 1972 from Loyola High School.

He attended Georgetown University in Washington, D.C. While there, he led Students of Georgetown, Inc (known as “The Corp”), an organization offering Georgetown students hands-on experience running businesses, while concurrently funding philanthropic causes throughout the campus community.[7] During his tenure at the Corp, Colligan founded Vital Vittles, which is today one of the nation's largest, student-owned and operated businesses.[8] In 1976, Colligan graduated cum laude and Phi Beta Kappa from the Edmund A. Walsh School of Foreign Service at Georgetown with a BSFS in International Economics.[9]

In 1983, Colligan earned an MBA from the Stanford Graduate School of Business.

Community activism

Colligan has been involved in community affairs for more than 30 years, focusing on education and economic development, particularly in underserved communities. [10] [11]

Economic Development

Colligan co-founded, served as chairman of the board from 1998 to 2010, and is currently chairman emeritus of Pacific Community Ventures.[12] [13] [14]

Pacific Community Ventures pioneered a new kind of venture-philanthropy, integrating traditional investment, active support and impact measurement into its funding equation. From 1998 to 2015, Pacific Community Ventures raised and deployed more than $100 million in philanthropic and community-focused capital. These investments helped 3,000 California businesses to create or retain more than 30,000 jobs.[15] The company was recognized as one of the “25 brilliant California ideas of the last quarter century,” by both University of California at Los Angeles and University of California at Berkeley.[16]

Colligan served on the Leadership Council of Opportunity Fund from 2012 to 2020,[17] the nation's leading, not-for-profit, microfinance provider. From 1995 to 2018, the fund invested over $320 million into California-based communities. In its fiscal year 2018, Opportunity Fund invested $92 million in small businesses, including serving 910 women entrepreneurs, 2,384 minority business owners, and 1,777 low-moderate income borrowers.

Colligan spearheaded the expansion of both Opportunity Fund and Pacific Community Ventures into Monterey, Santa Cruz and San Benito counties.[18] [19] [20] The David and Lucille Packard Foundation, the Community Foundation for Monterey County and the Community Foundation for Santa Cruz County announced support for Opportunity Fund's micro lending efforts in 2014.[21]

Colligan was a founding board member of Santa Cruz Works, a non-profit organization focused on developing jobs and a thriving eco-system for science and technology companies in the Monterey Bay region.[22] [23] [24] He is also co-founder of the Monterey Bay Economic Partnership, whose mission is to improve the economic health and quality of life for all residents in the Monterey Bay region.[25] [26] [27] [28] In 2016, Colligan received California Forward's Regional Steward Leader Award for community service for “individuals who exemplify leadership that helps sustain the Golden State as a place to create and thrive, to enjoy and to explore, to nurture and to bestow to future generations.” In 2017, Colligan spearheaded the founding of the Monterey Bay Housing Trust as part of MBEP [29] to facilitate more affordable housing in the Monterey Bay region.

Education

From 2011 to 2019, Colligan was an investor and advisor to EdSurge,[30] which acts as a “Consumer Reports” for best practices and products in the education technology space. Edsurge became part of the International Society for Technology in Education in November, 2019. Colligan was also lead independent director and investor in lynda.com, which pioneered online video learning before its acquisition by LinkedIn in 2015 for $1.5 billion.[31] [32]

Colligan served on the board of directors of JobTrain from 2001 to 2010 and as chairman of the board from 2007 to 2009.[33] JobTrain is a community-based education center that combines vocational training, academics and life-skills development. Since JobTrain's founding, it has helped more than 150,000 low-income individuals with their lifelong learning and job placement objectives. Colligan was the first investor in, and now serves on the board of advisors of Digital NEST in Watsonville and Salinas,[34] which provides access and creates opportunity for underserved youth to learn digital skills.

An active supporter of Georgetown University, Colligan served from 1998 to 2015 on the board of visitors for the Edmund A. Walsh School of Foreign Service. He also served on Georgetown's board of regents from 2003 to 2009. In 2007, Colligan co-founded the Georgetown Technology Alliance (GTA) and served on its board of directors until 2015.[35] Colligan received Georgetown's highest alumni honor in 2013, the John Carroll Award.

From 2020 to 2023, Colligan served on the board of directors of the California State University Monterey Bay Foundation, where he was also on the investment committee. [36] In 2024, Colligan was named to the Chancellor's Advisory Board at University of California Santa Cruz.

Professional career

In 1983, Colligan joined Apple Inc. as part of the team that launched the groundbreaking Macintosh personal computer.[37] He later headed Apple's higher-education marketing group and grew revenues to more than half-a-billion dollars within three years.[38] [39] [40] During his tenure at Apple, Colligan funded and sponsored Apple's visionary Knowledge Navigator video that premiered at Educom in 1987.[41]

As an early expert in education technology, in 1989, Colligan was recruited to be the CEO of Authorware, a computer-based learning software provider. In 1992, he co-founded Macromedia, resulting from the merger of Authorware and MacroMind-Paracomp.[42] [43] He served as CEO of Macromedia from 1992 to 1997 and took the company public on NASDAQ in December, 1993.[44] [45] In 1996, Ernst and Young recognized Colligan as the “Software Entrepreneur of the Year.” He served as chairman of the Board of Macromedia until July, 1998. During Colligan's tenure, Macromedia's annual revenues grew to more than $100 million.[46] In 2005, Adobe Systems acquired Macromedia for $3.4 billion.[47]

Colligan was a partner at Accel Partners from 1998 to 2015, and focused on investments in software, digital media, education, mobile and cloud computing.[48] [49] [50] He has been an investor and board member at lynda.com (LinkedIn),[51] [52] CNET Networks (CBS Interactive),[53] Brightmail (Symantec),[54] Yodlee (Envestnet),[55] and Days of Wonder (Asmodee).[56] As part of his investment activities in Monterey, Santa Cruz and San Benito counties, Colligan led the formation of Central Coast Angels in late 2013 to provide capital and mentoring to early-stage businesses in the Monterey Bay region.[57] [58] [59] He is an investor in and advisor to PayStand, Levered Learning, Wheelhouse, Pure Watercraft and Tixr.

In 2019, Governor Gavin Newsom appointed Colligan as California’s Senior Advisor for International Affairs and Trade.[60] In this capacity, he was responsible for California’s initiatives in direct foreign investment, trade, infrastructure development, and policy positions in international affairs. Colligan organized California's first international trade mission of the Newsom administration to Mexico.[61] He also rebuilt the international affairs and trade group to be an effective promoter of exports from the world's 5th largest economy.

Personal life

Bud Colligan is married to Rebecca Ann Maliszewski. They live in Santa Cruz, California and have three sons, Daniel, Gregory, and Jesse.[62] [63] [64]

Philanthropy

Colligan and his wife Rebecca have engaged in building community welfare over several decades, in healthcare[65] [66], the arts,[67] [68] [69] education,[70] [71] affordable housing,[72] [73] and environmental protection.

Recognition

1996: “Software Entrepreneur of the Year”, Ernst and Young.[74]
2002: Finalist for the Thomas W. Ford Award for Community Service.[75]
2012: Leadership in Energy and Environmental Design, Gold[76]
2013: Outstanding Director, Silicon Valley Business Journal and San Francisco Business Times.
2013: The John Carroll Award, Georgetown University.
2014: Ebbie Award for Economic Development, Pacific Community Ventures [77]
2016: California Forward Regional Steward Leader [78]
2021: UCSC Colligan Clinical Diagnostic Laboratory[79]
2022: Students Serving Students Award, The Georgetown Corp 50th Anniversary[80]
2022: Rotary Honorary Paul Harris Fellowship

Notes and References

  1. Web site: Ibarra. Nicholas. Bud Colligan to advise Gov. Newsom on international affairs, trade. Santa Cruz Sentinel. 8 April 2019.
  2. Web site: Gumz. Jondi. Gavin Newsom to Monterey Bay audience: Think differently. Santa Cruz Sentinel. 4 November 2015. 9 April 2016.
  3. News: Flynn. Laurie. Sound Bytes; Gearing Up for Interactivity. The New York Times. January 8, 1995.
  4. News: Gallagher-colligan wedding - 1951 . Las Cruces Sun-News . 8 July 1951 . 7 .
  5. Web site: John Colligan Obituary (2005) - Santa Cruz, CA - Santa Cruz Sentinel . .
  6. Web site: Dolores Colligan Obituary (1926 - 2019) - Montara, CA - Santa Cruz Sentinel . .
  7. Web site: Interview with the founders of The Corp. Behind the Counter. 10 June 2013.
  8. Web site: The Corp: Mission Statement. The Corp. 9 June 2013. dead. https://web.archive.org/web/20130530133747/http://thecorp.org/our-commitment/. 30 May 2013.
  9. Web site: The John Carroll Award. Georgetown University. 11 June 2013.
  10. News: DeBare. Ilana. These venture capitalists also hope to help poor communities. The San Francisco Chronicle. November 11, 2007.
  11. Web site: MOLNAR. PHILLIP. Monterey Should Try to Create the Next Great Company. The Monterey Herald. 4 February 2014. https://web.archive.org/web/20140222015638/http://www.montereyherald.com/news/ci_24713945/fort-ord-colloquium-monterey-should-try-create-next?IADID=Search-www.montereyherald.com-www.montereyherald.com. 22 February 2014. dead.
  12. News: Social entrepreneurs: Bud Colligan. Miller. Matt. December 9, 2011. The Deal Magazine. https://web.archive.org/web/20120624052709/http://www.thedeal.com/magazine/ID/043330/2011/social-entrepreneurs%3A-bud-colligan.php. June 24, 2012. dead.
  13. News: Flanigan. James. Community Investment in San Jose. The New York Times. July 19, 2007.
  14. Web site: Pacific Community Ventures Team. Pacific Community Ventures. 9 June 2013.
  15. Web site: Reinventing Prosperity. Pacific Community Ventures. 9 June 2013.
  16. News: Corcoran. Elizabeth. Compassionate Capitalism. California Magazine. January–February 2007.
  17. News: Loizos. Constance. The Rise of a Dealmaker. https://archive.today/20130701081910/http://www.businessweek.com/stories/2001-02-26/the-rise-of-a-dealmaker. dead. 2013-07-01. Bloomberg Businessweek. February 26, 2001.
  18. News: Key small-business help coming to Salinas. Taylor. Dennis L.. May 29, 2013. The Californian. https://archive.today/20130701081940/http://www.thecalifornian.com/article/20130529/NEWS01/305280030/Key-small-business-help-coming-Salinas. July 1, 2013. dead.
  19. News: Pittman. Jennifer. Central Coast region entrepreneurs targeted for microloans. Santa Cruz Sentinel. 11 June 2013. 13 June 2013. https://web.archive.org/web/20130614053215/http://www.santacruzsentinel.com/localnews/ci_23439374/central-coast-region-entrepreneurs-targeted-microloans. 14 June 2013. dead.
  20. Web site: Hernandez. Roseann. Local Skate Shop Flourishing in Watsonville. Register Pajaronian. 4 February 2014. https://web.archive.org/web/20140222063104/http://www.register-pajaronian.com/v2_news_articles.php?heading=0&page=72&story_id=15802. 22 February 2014. dead.
  21. Web site: Opportunity Fund Receives Funds to Expand Micro Loans in SC and Monterey Counties. 8 January 2014. Santa Cruz Techbeat. 4 February 2014.
  22. News: SLEEPER. ARIC. The New Tech Nexus. 7 October 2014. Santa Cruz Good Times. 17 September 2014.
  23. News: Gumz. Jondi. Santa Cruz Works launches to showcase thriving tech community. 7 October 2014. Santa Cruz Sentinel. 2014-09-17. https://web.archive.org/web/20141014064937/http://www.santacruzsentinel.com/santacruz/ci_26555660/santa-cruz-works-launches-showcase-thriving-tech-community. 14 October 2014. dead.
  24. News: Hepler. Lauren. Can Santa Cruz turn the tech talent tide? New startup venture aims to poach Highway 17 tech bus commuters. 7 October 2014. Silicon Valley Business Journal. Sep 25, 2014.
  25. Web site: Blum. Steve. Tri-county economy depends on infrastructure, particularly fiber and conduit. Santa Cruz Tech Beat. 4 November 2015. 9 April 2016.
  26. News: Molnar. Phillip. Monterey Bay Economic Partnership website readies launch. 7 October 2014. Monterey Herald. 2014-06-24.
  27. News: Rubin. Sara. Business leaders launch new efforts to get capital to the local startups that need it most. 7 October 2014. Monterey County Weekly. June 26, 2014.
  28. Web site: Druzin. Bryce. Gavin Newsom at Santa Cruz regional summit: "We're living in two worlds in the same county". Silicon Valley Business Journal.
  29. Web site: Housing . 2022-12-27 . Monterey Bay Economic Partnership . en-US.
  30. Web site: The EdSurge Team. EdSurge.com. 9 June 2013.
  31. Web site: Silverman. Rachel Emma. Lynda.com: A 60-Year-Old Earns Internet Glory. wsj.com. The Wall Street Journal. 9 April 2016.
  32. Web site: Wagner. Kurt. Three Reasons LinkedIn Broke the Bank for Lynda.com. recode.net. recode. 9 April 2016.
  33. Web site: JobTrain.com . jobtrain.com. 9 June 2013.
  34. Web site: Digital Nest Advisory Board. Digital Nest. 9 April 2016. https://web.archive.org/web/20160410042405/http://digitalnest.org/about/board-of-directors-advisory-board/. 10 April 2016. dead.
  35. Web site: About The Georgetown Technology Alliance. The Georgetown Technology Alliance. 9 June 2013.
  36. Web site: Zeve. Bradley. Longtime tech entrepreneur and new Foundation of CSUMB board member Bud Colligan envisions free higher education for all. Wi-Fi, too.. 2021-06-08. Monterey County Weekly. 13 August 2020 . en.
  37. Web site: Witness to History - Bud Colligan. Georgetown University. 9 June 2013. https://web.archive.org/web/20160304222839/http://witnesstohistory.georgetown.edu/?p=1228. 4 March 2016. dead.
  38. News: Lewis. Peter H.. Does a Child Need A Computer at Home?. The New York Times. August 25, 1987.
  39. News: Pollack. Andrew. Apple Strays From Mass Appeal. The New York Times. December 27, 1989.
  40. News: Flynn. Laurie. Apple Banking on Diversity of Applications to Foil Next Challenge. InfoWorld. October 24, 1988.
  41. News: Mui. Chunka. How Apple Invented The Future (and the iPad) in 1986. Forbes. 2011-10-24.
  42. News: Borzo. Jeannette. Merger Builds Multimedia Powerhouse. InfoWorld. March 9, 1992.
  43. News: Fisher. Lawrence M.. Apple to Preview New Operating System. The New York Times. May 13, 1997.
  44. News: Fisher. Lawrence M.. The Tools of a New Art Form. The New York Times. September 19, 1993.
  45. News: Staff. Digital Designs. InfoWorld. January 16, 1995.
  46. Web site: Macromedia Revenue 1997. https://archive.today/20130701081842/http://www.businessweek.com/1997/34/flash34/content/macromed.htm. dead. 2013-07-01. BusinessWeek. 9 June 2013.
  47. Web site: Adobe to acquire Macromedia. adobe.com. 9 June 2013. https://web.archive.org/web/20050420013221/http://www.adobe.com/aboutadobe/invrelations/adobeandmacromedia.html. 20 April 2005. dead.
  48. Web site: Accel Partners, Bud Colligan. Accel. 9 June 2013.
  49. News: Macromedia co-founder grasps CEO role. Celaschi. Robert. February 22, 2013. San Francisco Business Times.
  50. News: Cortese. Amy. Venture Capital, Withering And Dying. The New York Times. October 21, 2001.
  51. Web site: lynda.com Fuels Growth and Innovation with $103 Million Funding. The Wall Street Journal. 10 June 2013.
  52. Web site: Farrah. Kristina. Ventures Capitalists Love Profitable Companies That Don't Need Money. 3 May 2013. SiliconAngle. 10 June 2013.
  53. News: Marr. Merissa. CBS to Acquire CNET for $1.8 Billion. Wall Street Journal. 16 May 2008. The Wall Street Journal. 9 April 2016.
  54. Web site: Fordahl. Matthew. Symantec to acquire anti-spam firm Brightmail for $370M. usatoday.com. USA Today. 9 April 2016.
  55. Web site: Rao. Leena. Envestnet buys fin-tech company Yodlee for $590 million. fortune.com. Fortune. 9 April 2016.
  56. Web site: Ewalt. David. Days of Wonder Merging With Asmodee. Forbes. 9 April 2016.
  57. Web site: Angel investor group to support Central Coast tech startups. Gumz. Jondi. Santa Cruz Sentinel. 4 February 2014. https://web.archive.org/web/20140223144504/http://www.santacruzsentinel.com/santacruz/ci_24647767/angel-investor-group-support-central-coast-tech-startups?IADID=Search-www.santacruzsentinel.com-www.santacruzsentinel.com. 23 February 2014. dead.
  58. Web site: Santa Cruz startups find Silicon Valley investors with new angel group. Silicon Valley Business Journal. 4 February 2014.
  59. Web site: Gumz. Jondi. Santa Cruz Start-up PayStand Receives funding from Central Coast Angels. 8 January 2014. Santa Cruz Sentinel. 4 February 2014.
  60. Web site: Ibarra. Nicholas. Bud Colligan to advise Gov. Newsom on international affairs, trade. Santa Cruz Sentinel. 8 April 2019.
  61. Web site: KOUNALAKIS . ELENI . Commentary: California trade mission to Mexico sows seeds for mutual benefits . san diego union tribune . 22 November 2019 . 8 February 2024.
  62. Web site: 2013 John Carroll Award Biographies. Georgetown University. dead. https://web.archive.org/web/20131226010826/http://alumni.georgetown.edu/alumniassoc/alumniassoc_58.html. 2013-12-26.
  63. Web site: Obituaries in las Cruces, NM | las Cruces Sun-News .
  64. Web site: Obituary of Henry L. Maliszewski | Warren Hills Memorial Home .
  65. Web site: Stephens . Tim . UCSC expands COVID-19 testing during surge to support community needs . 2022-12-27 . UC Santa Cruz News . en.
  66. Web site: 2021-06-07 . Housing & Health Coming to Live Oak — Times Publishing Group, Inc. . 2022-12-27 . TPG Online Daily . en-US.
  67. News: Brown . J.M. . October 1, 2014 . Construction Pending on Tannery Arts Center . Santa Cruz Sentinel . December 27, 2022.
  68. Web site: 2021-11-03 . Massive Mosaic Project 'Watsonville Brillante' Showcases South County . 2022-12-27 . Good Times . en-US.
  69. Web site: WatsonvilleFilmFest . Watsonville Film Festival spotlights women in film and community . 2022-12-27 . Watsonville Film Festival . 5 March 2021 . en-US.
  70. Web site: Stephens . Tim . Biologist Olena Morozova Vaske appointed to endowed chair in pediatric genomics . 2022-12-27 . UC Santa Cruz News . en.
  71. Web site: Zeve . Bradley . Longtime tech entrepreneur and new Foundation of CSUMB board member Bud Colligan envisions free higher education for all. Wi-Fi, too. . 2022-12-27 . Monterey County Weekly . 13 August 2020 . en.
  72. Web site: Wyatt . Kristina Chavez . 2016-07-13 . Monterey Bay Housing Trust established to help fund affordable housing projects in three counties . 2022-12-27 . BenitoLink . en-US.
  73. Web site: 2021-07-29 . New project will end chronic homelessness for 120 vulnerable community members . 2022-12-27 . Lookout Local Santa Cruz . en-US.
  74. Web site: Ernst & Young Entrepreneur of the Year. Ernst & Young. 9 June 2013. https://web.archive.org/web/20060614150043/http://eoyhof.ey.com/. 14 June 2006. dead.
  75. News: Bud Colligan among finalists for Thomas W. Ford award. October 16, 2002. The Almanac.
  76. News: Wegrich. Gretchen. This gold house: With green features, Sunny Cove home goes for LEED gold. Santa Cruz Sentinel. 4 May 2012. 10 June 2013. https://web.archive.org/web/20120624203746/http://www.santacruzsentinel.com/localnews/ci_20543397/this-gold-house-green-features-sunny-cove-home. 24 June 2012. dead.
  77. Web site: 2014 Excellence in Business Awards. sfchamber.com. San Francisco Chamber of Commerce. 7 October 2014. https://web.archive.org/web/20141012063826/https://sfchamber.com/sfcevent/join-us-2014-excellence-business-awards/. 12 October 2014. dead.
  78. Web site: Bud Colligan named Steward Leader winner. Santa Cruz Sentinel. 14 December 2016. 4 April 2017.
  79. Web site: UCSC's Colligan Clinical Diagnostic Laboratory honored by Community Health Trust of Pajaro Valley.
  80. Web site: Students Serving Students Award, The Georgetown Corp 50th Anniversary. 14 February 2022.

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