Michael Jones (born August 13, 1975) is an American entrepreneur and investor, with more than $ 2.5 billion on the way out. Jones has established, advised, and invested in various businesses, including Userplane, Tsavo Media, MoVoxx, People Media, Brizzly, and Myspace. Jones is currently the CEO of startup studio Science Inc. By 2017, Jones was selected as one of the 500 most influential people in Los Angeles by the Los Angeles Business Journal.
Video Michael Jones (entrepreneur)
Education
Jones attended Lake Oswego High School and had an art degree in international business and marketing from the University of Oregon where he was named Student Entrepreneur of 1997.
Maps Michael Jones (entrepreneur)
Business career
Initial career
In 2001, Jones founded Userplane, a Los Angeles-based company that provides instant messaging and other applications for companies like Myspace and Honda. In 2006, Userplane was acquired by AOL. In 2005, Jones started an angel investment, mainly focused in the Los Angeles area. He has personally invested in over 30 startups. In 2008, Jones launched Tsavo Media, an online media networking company that was later sold to Cybernex for $ 75 million.
Myspace
In 2010, Jones was hired as Myspace CEO where he was assigned to the company's relaunch, one of the higher turn-around challenges in the industry. This includes stabilizing traffic and negative historical user trends, reducing business operating costs by nearly 90 percent, and turning the product from its heritage as a social network to social entertainment purposes, then selling the business on behalf of News Corp to SpecificMedia. Jones left Myspace in the summer of 2011.
Science Inc.
In 2011, Jones launched Science Technology startup studio Inc. Science initially received $ 10 million in support of a number of well-known investors, including Eric Schmidt's Tomorrow Ventures, among others. In the early stages, Science Inc. build various startup technologies internally and offer support services for startup early stages. Jones spends most of his time working with CEOs and corporate investors in terms of strategy, growth, and business development. In 2011, Dollar Shave Club was launched with investment from Science Inc. Science is the first investor of the Dollar Shave Club, before the startup earns $ 1 million seedlings in March 2012. Other startouts from Science include DogVacay, Hello Society, HomeHero, FameBit, Delicious, Playhaven, and Quarterly. The release in 2016 includes the company's portfolio of Science HelloSociety (acquired by The New York Times), FameBit (acquired by Google) and Dollar Shave Club (acquired by Unilever). In 2017, Science Inc. launched its initial coin offer for an incubator focusing on blockchain, Science Blockchain. It was the first incubator to do it.
Block Sciences
In September 2017, Science Inc. announced Science Blockchain, an incubator focused on blockchain-based companies, funded through Initial Coin Offering (ICO). Offer included in the United States Exclusion and Securities Commission (SEC) exemption from registration under Regulation D (SEC) and Regulation S. ICO only allows accredited investors to purchase tokens at ICO. ICO's offer is administered by The Argon Group, through its subsidiary Argon Investment Management LLC, under Regulation D of Section 506 (c) exemption from registration issued by the Securities and Exchange Commission.
Awards
Forbes' 25 Most Influential Makers in Consumer and Reseller Companies
The Most Creative People In The Faster In Business Company 1000
Los Angeles Business Journal - The 500 Most Powerful People in Los Angeles 2017
TechWeek100
CryptoDaily Top 30 Inovasi Cryptocurrency
References
Source of the article : Wikipedia
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