Michael Lythcott Explained

Michael F. Lythcott
Birth Date:6 April 1974
Nationality:American
Education:B.A. from University of Pennsylvania
MBA from Columbia University
Occupation:entrepreneur
investor
Founder of:
PureAdvice
TrueCredit
Uplift Equity Partners
OnWax Media
STAR Industries, LLC.
Parents:Barbara Ann Teer

Michael F. Lythcott (born April 6, 1974) is an American entrepreneur and investor who has founded several media and internet companies. He is the son of Barbara Ann Teer who founded Harlem's National Black Theatre[1] in 1968, and the grandson of former Assistant Surgeon General George I. Lythcott.[2]

Early life and education

He received his BA from University of Pennsylvania and MBA from Columbia University.

Career

Lythcott has founded several companies including PureAdvice, TrueCredit (a division of TrueLink), Uplift Equity Partners, OnWax Media, and STAR Industries, LLC, among others. After Truelink was sold to TransUnion in 2002,[3] Lythcott Co-founded Uplift Equity Partners.[4]

In 2004, while at Uplift, Lythcott formed Lythcott & Co, an incubator and holding company for his investments. In 2005, while a partner at Uplift Equity, he became the interim Chairman and CEO of VAS Entertainment, a position he held until he was replaced by media scion Andrew Tow.[5] As CEO of VAS, Lythcott executive produced several feature films, documentaries, and television shows, including the documentary Bra Boys starring Russell Crowe and Koby Abberton,[6] the reality television show The Block for G4, and The Art of Flight starring professional snowboarder Travis Rice.While at VAS he acquired 11 media companies, including Studio 411, which he bought from Casey Wasserman's WMG.[7]

In 2010, Lythcott and Co. partnered with the George Washington University School of Business to establish a proprietary customized MBA Program (STAR MBA).[8] This program is specifically for professional athletes and entertainers to offer support for their future success as entrepreneurs and business owners.[9] In 2013, Lythcott and Alex Rodriguez launched and incubated a second MBA program at the University of Miami School of Business.[10] He retired from active involvement in these financial literacy and EMBA educational programs in 2017.

Philanthropy

Lythcott currently serves as the Chairman of the Board for the National BlackTheatre and Vice Chairman of Uptown Grand Central, a 501c3 nonprofit organization dedicated to transforming East 125th Street into a thriving corridor by delivering programs that put advocacy into action through collaborations with businesses, residents and neighborhood organizations across East Harlem.

Notes and References

  1. Web site: National Black Theatre. National Black Theatre. Aug 10, 2019.
  2. News: George Lythcott, 77, Pediatrician, Dean And Health Official. Wolfgang. Saxon. The New York Times. Oct 11, 1995. Aug 10, 2019.
  3. Web site: TransUnion Takes Significant Equity Position in TrueLink. Aug 10, 2019.
  4. http://investing.businessweek.com/research/stocks/private/person.asp?personId=22758021&privcapId=21905416&previousCapId=21905416&previousTitle=Uplift%20Equity%20Partners,%20LLC Uplift Equity Partners
  5. http://business.transworld.net/74238/features/wax-ceo-discusses-new-video-distribution-model-and-vas Wax CEO discusses new video distribution model and Vas
  6. https://www.imdb.com/title/tt0951318 "Bra Boys (2007)"
  7. Web site: Sportnet & VAS Entertainment Partner to Distribute Leading Action Sports Content . https://web.archive.org/web/20130604235651/http://www.malakye.com/asp/front/CMSPage.asp?TYP_ID=4&ID=1306. dead. June 4, 2013. www.malakye.com. Aug 10, 2019 .
  8. http://staremba.com M.B.A. Program for Athletes Offers Off-Season Training in Economics
  9. https://www.gq.com/news-politics/newsmakers/201304/nfl-mba-program The MBA Program for Retired NFL Players
  10. Web site: Rushing the Corner Office: This MBA Program Is for NFL Stars. July 14, 2015. www.bloomberg.com. December 4, 2018.