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Mark Walsh (born in 1954) is an American
entrepreneur Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values th ...
,
venture capitalist Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which hav ...
, and
political activist A political movement is a collective attempt by a group of people to change government policy or social values. Political movements are usually in opposition to an element of the status quo, and are often associated with a certain ideology. Some t ...
.


Career

Walsh graduated from
Union College Union College is a private liberal arts college in Schenectady, New York. Founded in 1795, it was the first institution of higher learning chartered by the New York State Board of Regents, and second in the state of New York, after Columbia Co ...
in 1976. Walsh started his career as a television newscaster at a
West Virginia West Virginia is a state in the Appalachian, Mid-Atlantic and Southeastern regions of the United States.The Census Bureau and the Association of American Geographers classify West Virginia as part of the Southern United States while the Bur ...
CBS CBS Broadcasting Inc., commonly shortened to CBS, the abbreviation of its former legal name Columbia Broadcasting System, is an American commercial broadcast television and radio network serving as the flagship property of the CBS Entertainmen ...
affiliate. He was, at the time, the youngest TV Anchorman in America. He held this position for two years before leaving to pursue an MBA at the
Harvard Business School Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA p ...
, which he received in 1980. After graduating from Harvard, Walsh worked for four years as a director of New Business Development at
HBO Home Box Office (HBO) is an American premium television network, which is the flagship property of namesake parent subsidiary Home Box Office, Inc., itself a unit owned by Warner Bros. Discovery. The overall Home Box Office business unit is ba ...
. Walsh entered the internet and online communications industry, nascent as it was, in 1986, joining Comp-U-Card (which later become CUC International) as VP and GM of their online ecommerce, etravel, eauto and ehospitality division. He remained there until 1992, when he became president of KineXus, a venture capital backed interactive job and recruitment business. In 1994, Walsh became
president President most commonly refers to: *President (corporate title) *President (education), a leader of a college or university *President (government title) President may also refer to: Automobiles * Nissan President, a 1966–2010 Japanese ful ...
of
GEnie Jinn ( ar, , ') – also romanized as djinn or anglicized as genies (with the broader meaning of spirit or demon, depending on sources) – are invisible creatures in early pre-Islamic Arabian religious systems and later in Islamic mytho ...
,
General Electric General Electric Company (GE) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operated in sectors including healthcare, aviation, power, renewable energ ...
's
online service An online service provider (OSP) can, for example, be an Internet service provider, an email provider, a news provider (press), an entertainment provider (music, movies), a search engine, an e-commerce site, an online banking site, a health site, ...
. Walsh moved to
AOL AOL (stylized as Aol., formerly a company known as AOL Inc. and originally known as America Online) is an American web portal and online service provider based in New York City. It is a brand marketed by the current incarnation of Yahoo (2017â ...
in early 1995 to become Sr. VP and head of all internet services. While at AOL, Walsh oversaw AOL Enterprise, its business-to-business division. In 1997, Walsh joined
VerticalNet Verticalnet, Inc. was a host of 43 business-to-business (B2B) procurement portals headquartered in Horsham, Pennsylvania. It was famous for its market capitalization of $10.89 billion on March 10, 2000, during the dot-com bubble, despite sales of ...
, a business-to-business portal provider, as its
CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...
. VerticalNet was backed by Internet Capital Group. Under Walsh's leadership, VerticalNet went public on the
NASDAQ The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...
in 1999. Its market cap reached $12.5 Billion at the peak. Walsh is the managing partner of Ruxton Ventures, LLC, a private equity and investment firm he founded in early 2001. In 2005, Walsh became a senior executive fellow at the
University of Maryland The University of Maryland, College Park (University of Maryland, UMD, or simply Maryland) is a public land-grant research university in College Park, Maryland. Founded in 1856, UMD is the flagship institution of the University System of M ...
's Dingman Center for Entrepreneurship. In 2010, he was named chairman of the Dingman Center Board. From 2008 to 2012, Walsh was the
CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...
, co-founder, and
chairman The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the grou ...
of GeniusRocket, a provider of
crowdsourced Crowdsourcing involves a large group of dispersed participants contributing or producing goods or services—including ideas, votes, micro-tasks, and finances—for payment or as volunteers. Contemporary crowdsourcing often involves digita ...
advertising media Advertising is the practice and techniques employed to bring attention to a product or service. Advertising aims to put a product or service in the spotlight in hopes of drawing it attention from consumers. It is typically used to promote a ...
. From late 2015 to early 2017, Walsh was head of the Office of Investment and Innovation at the U.S. Small Business Administration under President Barack Obama. Walsh has served or serves on a number of not for profit and for profit boards: Union College (chair from 2011–15), The Philadelphia Orchestra, The Baltimore Symphony, The Street.com, GoCanvas.com, Tribeca Flashpoint College, and others.


Political activism

Walsh has been active in bipartisan policy and
liberal politics Liberalism is a political and moral philosophy based on the rights of the individual, liberty, consent of the governed, political equality and equality before the law."political rationalism, hostility to autocracy, cultural distaste for co ...
. He was named to the Board of Directors of the Bipartisan Policy Center in Washington, D.C., a pioneering think-tank founded by four former heads of the US Senate,
Tom Daschle Thomas Andrew Daschle ( ; born December 9, 1947) is an American politician and lobbyist who served as a United States senator from South Dakota from 1987 to 2005. A member of the Democratic Party, he became U.S. Senate Minority Leader in 1995 an ...
, George Mitchell, Howard Baker and Bob Dole. Walsh served as Chair of the Board for 2015, before joining the U.S Government. He served as the founding Board Chair the New Leaders Council, a major leadership training institution for young progressive talent. He held that post from 2006-2012. In 2004, Walsh served as CEO of Progress Media, parent organization of
Air America Radio Air America (formerly Air America Radio and Air America Media) was an radio in the United States, American radio network specializing in progressive talk radio. It was on the air from March 2004 to January 2010. The network was founded as a left ...
. Walsh also served as the Chief Technology Advisor to the
Democratic National Committee The Democratic National Committee (DNC) is the governing body of the United States Democratic Party. The committee coordinates strategy to support Democratic Party candidates throughout the country for local, state, and national office, as well a ...
during 2001 and 2002, and as the Head of Internet Strategy for John Kerry for President. In 2006, Walsh took began serving as co-host of
XM Satellite Radio XM Satellite Radio (XM) was one of the three satellite radio (SDARS) and online radio services in the United States and Canada, operated by Sirius XM Holdings. It provided pay-for-service radio, analogous to subscription cable television. Its s ...
's Left Jab Radio, a weekly political radio show. The show ceased in 2015.


References


External links


GeniusRocketThe New Leaders CouncilLeftJabRadio
{{DEFAULTSORT:Walsh, Mark 1954 births American radio personalities Harvard Business School alumni Union College (New York) alumni Living people