Seth’s career spans venture capital investing as well as operational, transactional and advisory roles at both public and private companies. Prior to co-founding Foundry Group, Seth began his venture capital career at Mobius Venture Capital.
Prior to Mobius Venture Capital, Seth joined a restart of the data communications company, FirstWorld Communications. He was the third employee of a new management team with a goal to transition what had been a traditional competitive local exchange carrier (“CLEC”) into the data and Internet world. Seth was the corporate finance half of the CFO position where he started and led the finance, mergers and acquisitions and investor relations groups. Seth then led the IPO process for FirstWorld’s IPO in 2000 and negotiated simultaneous equity investments from Microsoft, SAIC and Lucent Technologies, eventually raising over $260 million from the IPO and these side-by-side equity transactions. When the company decided to focus on its data center and hosting business, Seth assumed operational control of the remainder of the business and led the ISP, telephony and network integration portions of the company, representing in total approximately $40 million in revenue. He managed the sale of these lines of business in 2001.
Prior to joining FirstWorld Seth held various corporate development and business development positions. He started his career in Morgan Stanley’s telecommunications investment banking group.
Seth is a summa cum laude graduate of Macalester College in St. Paul, Minnesota with degrees in both Economics and Psychology. He is active throughout the entrepreneurial community in Colorado. Seth is a member of the board of directors of The Unreasonable Institute, an adviser to Palestinian focused venture fund Sadara, on the advisory board of High Country Ventures and on the board of the Rocky Mountain Venture Capital Association. Previously Seth was a member of the executive committee of the Bard Center for Entrepreneurship, on the board of the Denver chapter of the Association for Corporate Growth (ACG) and Chair of the ESPRIT Awards. Seth is a founding member of the Colorado Chapter of the Entrepreneur’s Foundation as well as Colorado Entrepreneurial By Nature.
Seth is an avid outdoorsman and enjoys spending his free time cycling, snowboarding, mountaineering and spending time with his family. He writes a blog on technology, venture capital and living in Colorado at www.sethlevine.com.