Scott Lenet | |
---|---|
Born | Philadelphia, Pennsylvania |
Occupation |
Founder and President at Touchdown Ventures Founder and Managing Director, DFJ Frontier (DFJ Frontier) |
Spouse(s) | Natalie Sorotsky |
Website | Profile at DFJ Frontier |
Founder and President at Touchdown Ventures
Scott Harris Lenet is an American venture capitalist and co-founder of the seed stage venture capital firm DFJ Frontier.
Lenet began his venture capital career in 1992 at Geocapital Partners, where he was the first Associate and had responsibilities for fundraising, deal sourcing, and due diligence. While at Geocapital Partners, his successful investments included Logic Works, which went public prior to being purchased by Platinum Technology and Computer Associates. He also worked on the IPO of Marketing.
Beginning in 1996, Lenet worked for First Virtual Holdings, Inc., one of the first three companies offering internet payment systems. Lenet helped write the company's S-1 registration statement for its initial public offering. Following business school at the Wharton School of the University of Pennsylvania, he worked in product marketing at Trilogy Software in Austin, Texas, where he was responsible for launching the electronic commerce procurement product BuyingChain. The enterprise software solution won awards at the 1998 Internet Commerce Expo and the 1999 Spring Internet World. BuyingChain was also awarded Infoworld's Ecommerce Product of the Year for 1999.
Subsequent to Trilogy, Lenet co-founded SmartFrog.com, the first cash back rewards program for online shopping. He served as the company's Chief Executive Officer and sold the business to Cybergold in 1999. He joined Cybergold as Vice President of Business Development and helped manage the sale of the company to MyPoints.
In 2002, Lenet co-founded DFJ Frontier with David Cremin and DFJ. He is a member of the board of Directors of AudioMicro, BOOM! Studios, Jiwire, Netpulse, Seismic Games, and Super Heat Games. He is an observer on the boards of GameSalad and SkyGrid. Lenet led DFJ Frontier's investment in MaxPreps, a Sacramento area company which was purchased by CBS Sports; Lipomics Technologies, which was sold to Tethys Bioscience; Delve Networks, which was sold to Limelight Networks (Nasdaq:LLNW); World of Good, which was sold to eBay (Nasdaq:EBAY); and Unsubscribe, which was sold to TrustedID. He has also served on the boards of DigitalPath Networks, BondMart, and Dragnet Solutions.