David Wu
Electrical Engineering and Quantitative Economics graduate from Stanford. Currently working at Intuit, Inc. as Vice President, Small Business Group.
| Headline: | Entrepreneur |
| Industries: | Internet, Media, Mobile |
| Skills: | Business, Computer Engineering, Design, Electrical Engineering, Engineering, Entrepreneurship, Human-Computer Interaction, Investment, Management, Product design, Software Engineering, Web design, Web Development |
| Groups: | E-Challenge Competition 2009, [INACTIVE] BASES E-Challenge 2010 |
| Interested in: | Advising startups, Brainstorming, Finding business partners, Investing in projects, Mentoring, Professional opportunities, Promoting my startups, Supporting my investments |
| Schools: | Stanford University |
WORK EXPERIENCE
| Employer: | Redpoint Ventures |
| Position: | Executive-in-Residence |
| Time period: | January 2011 - Present |
| Description: | Redpoint Ventures teams up with exceptional entrepreneurs to help build industry defining technology companies. Redpoint’s portfolio includes innovative start-ups like Scribd, LifeSize, Blue Kai, HomeAway, Solyndra, Topspin Media, Gaia, Fortinet, Answers.com, and Redpoint partners have backed MySpace, Netflix, Danger, TiVo, Juniper Networks, Foundry Networks, Ask.com, Zimbra, RightMedia, and Documentum.
My main focus is on early-stage startups where my operational and investing experience can both add value. I am especially interested in social commerce, long-tail small business, and hyper-growth consumer internet. |
| Employer: | Intuit, Inc. |
| Position: | Vice President, Small Business Group |
| Time period: | November 2007 - September 2010 |
| Description: | • Responsible for delivering a unified Web offering to small business customers, including the QuickBooks Online, Homestead, JumpUp, StepUp, and MyCorporation services.
• Manage Product Management, Product Development, Experience Design, and IT teams. Key Achievements: • Grew subscription base to 275,000 paying subscribers, $80M in annual revenue, and annualized growth rate of over 40%. • Led successful integration efforts of Homestead and Intuit. |
| Employer: | Homestead Technologies, Inc. |
| Position: | Chief Operating Officer; Chief Product Officer / Senior Vice President, Products |
| Time period: | December 1996 - November 2007 |
| Description: | Chief Operating Officer (2003 to 2007)
• Responsible for all day to day operations of 150 employee internet company, including operations reviews, cross-functional management, and product strategy. • Served as Acting Chief Financial Officer, managing all financial and accounting responsibilities of company. • Played key role in monthly board meetings, business development, company strategy and policies. • Acted as turnaround manager of various mission critical functional teams, including Sales, Customer Support, Design Services, and Website Product Group. Key Achievements: • Negotiated and sold company to Intuit, Inc. for $170M. • Grew company to run rate of $25M in annual revenue, with annualized growth rate of over 40%. • Managed company to eight consecutive quarters of profitability. • Negotiated deal to sell PhotoSite, a photo sharing product, to United Online for $12M. • Worked with CEO to raise over $70M in venture funding. (Main investors include DFJ, IVP, Meritech.) Chief Product Officer / Senior Vice President, Products (1997 to 2003) • Led initial product launch, winning Internet Showcase Best of Show. • Recruited and built all product related functional teams including product management, software development, systems, and quality assurance. Key Achievements: • Grew site to over 12 million customers, over 10 thousand new signups per day, and Top 10 rank in Media Metrics. • Led product to critical acclaim including: PC Magazine Editor’s Choice, PCWorld Best of the Web, Forbes Best of the Web, and CNET Editor’s Choice. |
| Employer: | Scitor Corporation |
| Position: | Product Manager / Lead Software Engineer |
| Time period: | December 1989 - November 1996 |
| Description: | • In charge of design and interface for almost every major screen of product.
• Wrote over 100,000 lines of code in MFC Visual C++. Key Achievements: • Led product development efforts through two product release cycles. • Delivered Project Scheduler 6 and 7, voted by InfoWorld as “Product of the Year” in 1995. |
EDUCATION
| University: | Stanford University |
| Time period: | 1986 - 1990 |
| Degree: | Quantitative Economics, BA |
| University: | Stanford University |
| Time period: | 1986 - 1990 |
| Degree: | Electrical Engineering, BSc |
INFORMATION
| Hobbies: | • Toured nationally as a full-time professional bass player during 1996 and 1997.
• Designed and built a raft, then floated down the Mississippi River from Minnesota to New Orleans during Summer of 1990. |
| Memberships: | • Member of the Band of Angels.
• Serve as ongoing advisor to Bay Area Web 2.0 startups and VC’s. • Current active member of Bay Area COO Forum. |
David's Startups (4)
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Homestead Technologies
Homestead Technologies offers tools and services aimed at helping small businesses create web presences.
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Fliqz
Fliqz is a plug and play video solution for websites that requires no software download and competes directly against Brightcove
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David is Following (3)
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Dropbox
Changing the way people think about storing and sharing their files. Y Combinator funding in summer 2007.
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Practice Fusion
Practice Fusion provides free, web-based software to run physician practices, including electronic medical records, practice management, patient management, scheduling and secure email