Has the internet changed the nature of the way shopping occurs in stores these days? more
To a society fascinated with the process of buying and consumption, a great retail experience should be of significant importance; yet despite the fact that 90% of dollars are spent “in store,” the media are crowded with stories and analysis of “online experience” but scant mention is made of the ways in which we can improve the “in-store” experience for consumers.
As you might have seen over the last few weeks there have been several announcements by Google and others about Location Based Services (LBS) and Presence Marketing, including the Digital Out of Home (DOOH) space. As a result, we are receiving significant interest from major parties to become a partner of Novitaz as well as beta clients for Novitaz.
Needless to say we are very excited that the space we carved out for ourselves over 5 years ago is really starting to heat up. In light of this we have added several new members to our Board of Directors to help us steer the company to the success we believe we have in front of us.
We would like to officially welcome Robert Young, Ron Phillips and Madhav Dhar to the Novitaz team. Below is a small write up on each - please join us in welcoming them ...
Robert A Young
Robert A. Young, Ph.D. is a Managing Director of Mirador Capital LLC, a private equity firm investing in venture capital companies. Prior to Mirador, he served as Chief Executive Officer of Curl Corporation, an Internet infrastructure software company. Dr. Young was also the Managing Partner of Dillon Read's venture capital funds and subsequently was head of Technology Banking in corporate finance. Prior to Dillon Read, he held a number of management and executive positions in sales, marketing, development and general management at IBM Corporation. His last position at IBM Corporation was as President, IBM Instruments, Inc. Dr. Young presently serves on the board of directors of several private information technology companies including Novitaz. He received a B.S. with honors in chemistry from the University of Delaware and a Ph.D. in physical chemistry from the Massachusetts Institute of Technology.
Ron Phillips
Ron Phillips was instrumental in the formation of Oilsands Quest, an AMEX listed company. He is a hedge fund investor and manager, with a focus on energy, for the past 12 years – including running a fund at DKR Capital for the past six years with peak assets exceeding $600 million and numerous public and private holdings. Formerly an attorney with Wachtell Lipton in New York City, JD from Stanford Law School and BS from Brown University, Member of the New York Bar Association.
Madhav Dhar
Madhav Dhar is Co-Founder, with Barton Biggs and Cyril Moulle-Berteaux, of Traxis Partners, and he is a portfolio manager for Traxis Capital, a hedge fund with a focus on global, multi-asset class investing. Mr. Dhar was a managing director for fifteen years at Morgan Stanley, where he was a portfolio manager for Emerging Markets Equity (1991-98), Active International (1986-97) and US Equity (1985-86). He also served as a member of the executive committee of Morgan Stanley Asset Management, Co-Head of the Global Asset Allocation Group, Global Strategist and Head of the Emerging Markets Group at the firm.
