David Tisch Explained

David Tisch
Birth Place:Westchester, New York
Nationality:American
Occupation:Business owner, entrepreneur, angel investor
Alma Mater:University of Pennsylvania, New York University School of Law
Years Active:2003 to present
Spouse:Zara Terez Zimmerman
Parents:Bonnie J. Tisch
Daniel R. Tisch

David Tisch (born 1981) is a businessman and angel investor based in New York City.[1] [2] He is managing partner of BoxGroup, a seed-stage capital firm, and a co-founder of TechStars New York City.[3] [4] He is the grandson of American businessman Laurence Tisch, co-owner of Loews Corporation.[5] His great-uncle, Preston Robert Tisch purchased the New York Giants, now co-owned by Steve Tisch, who produced the films Forrest Gump and Risky Business.[6]

Education and early career

Tisch was born and raised outside of New York in Westchester County, the son of Bonnie J. Tisch and Daniel R. Tisch.[1] His grandfather is Laurence A. Tisch.[1] He is Jewish and invested his bar mitzvah money in the eBay IPO and saw a 15x return.[7]

Tisch graduated from the University of Pennsylvania with a B.A degree in American history in 2003. He received a Juris Doctor degree from New York University in 2006.[2] [1]

Tisch practiced law and worked at Vornado Realty Trust.[5] He helped found LightsOver, an online group-buying service.[5] In 2006, Tisch stopped practicing law to work on his own startup.[8]

Career

Tisch began his career heading up interactive strategies at kgb.[9]

In 2007, Tisch founded BoxGroup, a technology investment firm that has invested in 250 companies including Vine, Warby Parker, Handy, and GroupMe.[8] [5] BoxGroup is personally funded making Tisch one of the most active angel investors in the United States.[10]

Tisch co-founded the Techstars New York City program, a startup accelerator program, and became managing director in 2010.[11] [8] During his tenure, he helped lead some of the most successful investments in the history of Silicon Alley startups.[12] Under his direction, companies in the program raised more than $100 million in follow-on capital. Tisch left TechStars in 2012.[12]

Tisch became a member of Mayor Michael Bloomberg’s Council on Technology and Innovation in 2011.[13]

In August 2014, Tisch co-founded Spring, a mobile marketplace allowing consumers to shop directly from brands.[14] [15] Investors include BoxGroup, Google Ventures, and Yuri Milner.[14] [16] Apple listed Spring as one of the best apps for 2014.[17]

Tisch was named head of Cornell Tech's Startup Studio program in December 2014. Startup Studio is an experiential learning graduate program that teams students from different disciplines to develop an idea into a product.[18] [3]

Personal life

In 2012, he married Zara Terez Zimmerman.[1]

Notes and References

  1. News: Zara Zimmerman and David Tisch . The New York Times. November 4, 2012 . February 26, 2016.
  2. Web site: An angel in New York: David Tisch. Emily Roland. June 13, 2013. Alley Watch. February 26, 2016.
  3. Web site: Cornell Tech lands David Tisch in star role. Thornton McEnery. December 3, 2014. Crain’s New York Business. February 26, 2016.
  4. Web site: Spring, a new mobile marketplace from David Tisch, connects you directly with fashion brands. Devindra Hardawar. August 14, 2014. Venture Beat. February 26, 2016.
  5. Web site: Heirs to old money plunge into tech. Evelyn M. Rusli. April 4, 2012. The New York Times. February 26, 2016.
  6. Web site: With an inoperable brain tumor, Bob Tisch wound up at Duke. Susan Brink. June 23, 2008. Los Angeles Times. February 26, 2016.
  7. Web site: How To Get Into Techstars, The Startup Accelerator That's More Competitive Than Harvard. 2011. Business Insider. May 15, 2017.
  8. Web site: Investability of a startup: Interview with BoxGroup's David Tisch. 2016. Under 30 CEO. February 26, 2016.
  9. Web site: THE ACCELERATORS : David Tisch. 2012. Wall Street Journal. May 15, 2017.
  10. Web site: TechStars NYC ships in talent from Boulder to replace David Tisch. Nitasha Tiku. November 19, 2012. Observer. February 26, 2016.
  11. Web site: David Tisch steps down from managing director role at TechStars. Colleen Taylor. August 7, 2012. Tech Crunch. February 26, 2016.
  12. Web site: Techstar's Davod Tisch: Most accelerators will fail, so choose wisely. Austin Carr. August 20, 2012. Fast Company. February 26, 2016.
  13. Web site: Mayor Bloomberg announces new advisory council on technology at NY Tech meetup. João-Pierre S. Ruth. October 13, 2011. Xconomy. February 26, 2016.
  14. Web site: David Tisch's stealthy mobile commerce product, Spring, closes $7.5M Series A. Jordan Crook. July 9, 2014. Tech Crunch. February 26, 2016.
  15. Web site: 12 fashion app and style services that are reinventing the acquisition of fashion goods. Sarah Boyd. November 25, 2014. Forbes. February 26, 2016.
  16. Web site: Shopping app Spring arrives on Android with $25 million from David Tisch And Yuri Milner. Alex Konrad. April 16, 2015. Forbes. February 26, 2016.
  17. Web site: Apple says these are the best apps of 2014. Alex Fitzpatrick. December 8, 2014. Time. February 26, 2016.
  18. Web site: David Tisch: We're not in a tech bubble . Ann Diab. March 19, 2015. TECH.CO. February 26, 2016.