Steve Shwartz has been involved as an entrepreneur or investor in about 25
startups with outcomes ranging from wild successes to abject failures. This
presentation will describe some of his successes and failures as both an
entrepreneur and as investor. The presentation will focus on reasons why
selected startups succeeded or failed and will present lessons learned from
both the entrepreneur and investor perspective.
Steve is a co-founder of Device42 which has created a software product used
by hundreds of large enterprises in 30+ countries to manage their IT
Prior to Device42, Steve was at Tangoe where he was one of the early angel
investors, a board member, and then CTO for 3 years. Tangoe was one of the
top 10 IPO's of 2011 and is the global leader in telecom expense management.
Steve started his career as a postdoc at Yale University in the Artificial
Intelligence Laboratory of the Computer Science Department and was a
co-founder of two companies in the artificial intelligence area, one of
which had an IPO in 1986 and the other raised a massive amount of venture
capital before it failed.
In 1991, Steve developed Esperant, one of the leading business intelligence
tools of the 1990's and was named Product of the Year by two major national
industry publications in 1995. Steve sold the company to a major
international software vendor. During the late-90's dotcom era, Steve was
involved in a number of exciting startups, one of which attempted (and
failed) to overtake OpenTable in the restaurant reservations space.
Steve is the author of a book on natural language processing, has spoken at
dozens of industry and academic conferences, has published numerous trade
and academic articles, and has received two patents. He received his PhD
from Johns Hopkins University.
Steve has made investments in about 15 startups and is on the board of the
Angel Investor Forum. He is also on the board of the Connecticut Technology
Council and is the Chairperson of Marrakech Inc, a $40M non-profit agency
that provides services to people with disabilities.
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This presentation made possible by support from IACT, The
Inventors Association of Connecticut,
The Dolan School of Business and the School of Engineering at Fairfield
Copyright 2016 The Inventors Association of Connecticut