Julie Meyer

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For similarly named people, see Julie Mayer.
Julie Meyer
Born Julie Meyer
Dearborn, Michigan, United States
Residence London, United Kingdom
Nationality American
Occupation Entrepreneur, Businessperson, Investor & business commentator
Known for First Tuesday, Ariadne Capital, Dragons' Den (UK), Welcome to Entrepreneur Country

Julie Meyer is an American-born entrepreneur, investor, business adviser, networking expert, broadcaster, and business commentator. She is the founder and Chief Executive of Ariadne Capital and the Managing Partner of Ariadne Capital Entrepreneurs Fund (ACE).

She is the founder of Entrepreneur Country and was the co-founder of First Tuesday sold in July 2000 to Yazam, a subsidiary of Jerusalem Global, for $50 million.[1]

Meyer is also one of the two dragons on the BBC’s Dragons' Den online and is a regular columnist for the business paper City A.M.[2] and regularly contributes to The Daily Telegraph’s[3] business pages.

She has won awards including the World Economic Forum Global Leader of Tomorrow, the Ernst & Young Entrepreneur of the Year (October 2000) and a place in the Wall Street Journal’s 30 most influential women in Europe. She was also cited as one of INSEAD’s ‘50 alumni who have changed the world’ (2010).

Meyer is also the author of Welcome to Entrepreneur Country.

Early life and education[edit]

Meyer was born in 1966 in Dearborn, Michigan, but moved to Sacramento, California, when she was one month old. Her father, also an entrepreneur, is a pulmonary doctor who founded Pulmonary Medicine Associates[4] in Carmichael, CA in the early 1970s; her mother was an assistant to a lawyer.

She received a B.A. in English Literature and Humanities from Valparaiso University[5] and her M.B.A. from INSEAD in France.[6]

Meyer is a Lutheran.

Early career[edit]

Meyer spent her early 20s in Paris from 1988 to 1993 where she taught English.[7] She later worked as a consultant for the Organisation for Economic Co-operation and Development, 3Com and Hewlett Packard.[8]

From 1993 to 1996, she worked for Andy Cunningham at Cunningham Communication, Inc. in Boston where she consulted for Motorola on the PowerPC Alliance.[9]

In 1997, she took her M.B.A. at INSEAD[10] and in 1998 she went to London and co-founded the networking forum First Tuesday.

Business ventures[edit]

First Tuesday[edit]

In 1998, Meyer started working in London for NewMedia Investors (now Spark Ventures) where she helped advise companies including Lastminute.com, WGSN and Arc Cores to build their teams, raise capital and establish themselves internationally.[11][12]

In October 1998, together with journalists Nick Denton and John Browning and investment banker Adam Gold, Meyer started organising networking events for new media entrepreneurs and business people on the first Tuesday of every month. It then became known as First Tuesday. Under Meyer's direction, First Tuesday expanded into 17 cities across Europe. The Wall Street Journal (Europe edition) covered the international launch to 17 cities on the 7th of September 1999.[citation needed]

Ariadne Capital[edit]

After Meyer left First Tuesday, she set up Ariadne Capital in August 2000, an investment and advisory firm based on an ‘Entrepreneurs backing Entrepreneurs’ model, providing investment and advisory services to entrepreneurs in the media (broadcasting, publishing, music, gaming, advertising) and the internet (including mobile internet) sectors. Clients that Ariadne backed in the early years include Espotting (now MIVA), Kashya (later sold to EMC) and Skype (later sold to Ebay[13]). Most recently Ariadne Capital acted as sole financial advisor to BeatThatQuote.com on its sale to Google.[14]

Entrepreneur Country[edit]

Entrepreneur Country[15] (founded by Meyer in 2008) is a network of investors, entrepreneurs, corporate organisations and media partners. The group network congregates bi-annually and also gathers online for information exchange, inspiration and to make connections.

Ariadne Capital Entrepreneurs Fund (ACE)[edit]

In September 2009, Meyer announced the first Ariadne Capital Entrepreneurs Fund (ACE).[16][17] She is the managing partner of the fund which will invest in 'digital enablers' - those enabling technologies and tools which create 'ecosystem economics' TM for their partners when applied to them.

The ACE Fund's key limited partners include Irwin M. Jacobs, Founder of QualComm; the co-founders of BetFair, Andrew Black and Edward Wray; Felda Hardymon, Partner at Bessemer; Jon Rubinstein - Apple Inc., Palm, Amazon.com; Russ Shaw - Telefonica, Skype, Tech City; Sabeer Bhatia - Founder of Hotmail; David Rowe - Founder of Easynet; Nigel Wray; Andre Hoffman; Todd Ruppert; John Redford, co-founder of Element 14 sold to Broadcom.

Media career and other work[edit]

Dragons' Den (online)[edit]

In March 2009 Julie Meyer became a dragon on the online version of BBC’s Dragons' Den where entrepreneurs pitch their business ideas to a panel of potential investors known as ‘dragons’. Joining Meyer on the panel is Shaf Rasul, founder of Edinburgh optical storage distributor E-Net Computers and an investor in property and internet companies.

The production shows online video pitches from entrepreneurs and the subsequent interaction between entrepreneurs and panel judges/investors, £50,000 being the maximum amount of money that the judges can individually invest in any one business. The videos are published weekly and audiences can participate by, for example, rating business plans.[18]

The show is hosted by BBC Radio 1 breakfast newsreader Dominic Byrne.

Other media work[edit]

Meyer appeared as a business commentator on the BBC (on shows including Newsnight, BBC Breakfast and BBC news online[19][20]) and CNBC. Also, in addition to her column for City A.M., she has contributed to publications such as Bloomberg Businessweek, Computing, FT Digital Business[21] and Spectator Business.

Julie Meyer has pioneered the understanding and analysis of the industrial framework - 'Ecosystem Economics'TM - previously published in the Sunday Telegraph and the Guardian.[22][23] This model, which she was the first to apply to the post web 2.0 world, refers to the network-orientation of all business in the next phase of industrial development. The winners, according to Meyer and Ariadne Capital, will be those companies who organise the business model in their ecosystem for all parties in the transaction. Ariadne seeks to accelerate the momentum of fast-growing technology-based businesses. Meyer and Ariadne use "Ecosystem Economics"TM to refer to how to launch and grow new businesses where the alignment of multiple entities in the marketplace are required to ensure success."Ecosystem Economics" is a trademark of Ariadne Capital.

Julie provided comment for the Financial Times on the Davies Report (an inquiry into female representation in the boardroom)[24] and also on 'Why entrepreneurship is so important'.[25] She was used by Financial Times as a commentator on the UK Budget 2011, looking at its effect on small and medium businesses.[26]

Book : Welcome to Entrepreneur Country[edit]

Welcome to Entrepreneur Country,[27] written by Julie Meyer and published in June 2012 by Constable & Robinson and a Top 20 Business Book at WHSmith in the UK, describes the essence of the new social contract that is emerging.

Julie's thesis is that prosperity is driven by harmonious interdependence, and the enemies of that are bankers and industrialists who don't care about outcomes (hyper independence), a state which infantalises its people (feudalism), and individuals who argue for their limitations and seek dependence.

Meyer's message is that the business world is changing in favour of the more dynamic, more entrepreneurial company. Her view is that individual capitalism is coming to the fore and that the unit of trading has shifted from business to the individual capitalist. Specifically she believes that people in their 20's think of themselves as their own P&L and their own brand.[28]

Awards and honours[edit]

  • INSEAD - 50 Alumni who changed the world[29]
  • E&Y – Entrepreneur of the Year (October 2000)[citation needed]
  • Wall Street Journal - 30 Most Influential Women in Europe[citation needed]
  • World Economic Forum – Global Leader of Tomorrow[citation needed]
  • Keynote Speaker at the Women Mean Business Conference and Awards on September 27, 2010[30]
  • Was a judge for The Economist Conferences' Innovation Awards 2010[31]
  • Julie Meyer was selected to be a member of Vince Cable’s Entrepreneurs’ Forum as part of Global Entrepreneurs’ Week 2010[32]
  • Cited as one of the '1000 Most Influential People in London' by the London Evening Standard 2010[33] and again in 2011[34]
  • Keynote speaker at The Economist Conferences' Big Rethink 2011[35]
  • Announced as Board member at Vestergaard Frandsen in 2011[36]
  • Announced as non-Executive Director of Jellybook, a company for retail investors in social media, in May 2011[37]
  • Announced as judge for National Business Awards 2011 in May of same year[38]
  • Named one of ComputerWeekly's top "50 Most Influential People in UK IT" in October 2011[39]

References[edit]

  1. ^ "Yazam buys First Tuesday". Brand Republic. Retrieved 2000-07-26. 
  2. ^ "City A.M news and analysis". City A.M. 
  3. ^ "Telegraph-Julie Meyer". London: Daily Telegraph. 2010-08-07. 
  4. ^ "Pulmonary Medicine Associates". 
  5. ^ "Christ College, Valparaiso University". 
  6. ^ Graham, Ann. "An MBA alumni profile". TopMBA. Retrieved 2011-04-15. 
  7. ^ Hussain, Ali (2009-06-14). "Fame and Fortune:Julie Meyer". London: Times Online. Retrieved 2009-06-14. 
  8. ^ "3rd Insead Private Equity Conference". Retrieved 2005-05-26. 
  9. ^ Meyer, Julie (2012) Welcome to Entrepreneur Country, Chapter 5.
  10. ^ Eye, Eagle. "Julie Meyer: what the UK can learn from the US attitude towards entrepreneurialism". The Independent. Retrieved 2009-11-23. 
  11. ^ "Julie Meyer:profile". London: The Guardian. 2010-09-23. Retrieved 2010-09-23. 
  12. ^ "First Tuesday:Julie Meyer". Growing Business. Retrieved 2006-03-01. 
  13. ^ "Julie Meyer". Crunchbase. Retrieved 2008-03-21. 
  14. ^ "Ariadne Capital advises BeatThatQuote on its acquisition by Google". Retrieved March 2011. 
  15. ^ "Reflecting on Entrepreneur Country and our Call to Action". Fresh Business Thinking.com. Retrieved 2010-07-.  Check date values in: |accessdate= (help)
  16. ^ "Ariadne Capital Entrepreneurs Fund (ACE).". 
  17. ^ "Julie Meyer launches £20 million fund". Growing Business. Retrieved 2009-09-07. 
  18. ^ Andrews, Robert. "Ariadne’s Julie Meyer Becomes Dragon for New Online-Only Den". Retrieved 2009-03-18. 
  19. ^ "BBC News–‘The New Entrepreneur:do you have the DNA?’". BBC News. 2007-06-07. Retrieved 2007-06-07. 
  20. ^ "BBC Breakfast". BBC. Retrieved October 2009. 
  21. ^ "Networking Tools Can put the Customer in charge". Financial Times, Digital Business. Retrieved 2006-11-22. 
  22. ^ Meyer, Julie. "Individual capitalism is the way of the new world". London: The Daily Telegraph. Retrieved August 2010. 
  23. ^ "An Interview with Julie Meyer". London: The Guardian. 2010-10-22. Retrieved 2010. 
  24. ^ "Women at the Top: Davies Report Reaction". Financial Times. Retrieved February 2011. 
  25. ^ "Why entrepreneurship is so important". Financial Times. Retrieved February 2011. 
  26. ^ "UK Budget: a game-changer for business?". Financial Times. Retrieved March 2011. 
  27. ^ "Welcome to Entrepreneur Country". 
  28. ^ Financial Times http://www.ft.com/cms/s/0/3f58dc3e-b39d-11e1-a3db-00144feabdc0.html#axzz2BROtcTJz |url= missing title (help). 
  29. ^ "INSEAD 50 Alumni who changed the world". 
  30. ^ "Women's awards date set for late September". Irish Times. 2010-09-09. Retrieved 2010-09-13. 
  31. ^ "Julie Meyer". Economist Conferences – Innovations Summit (Judges). Retrieved 2010. 
  32. ^ "Big name entrepreneurs join new government advisory forum". Business Zone. Retrieved 2010-11-16. 
  33. ^ "London's 1000 most influential people 2010: New Media". London Evening Standard. Retrieved 2010-11-26. 
  34. ^ "London's 1000 most influential people 2011: Digital". London Evening Standard. Retrieved 2011-11-11. 
  35. ^ "The Big Rethink". Economist Conferences. Retrieved February 2011. 
  36. ^ "Vestergaard Frandsen Board of Directors". Verstergaard Frandsen. Retrieved February 2011. 
  37. ^ "New way to invest in rise of social media". ThisisMoney.com. Retrieved 2010-05-29. 
  38. ^ "National Business Awards press release". Retrieved 31 May 2011. 
  39. ^ "Most Influential People in UK IT". ComputerWeekly. Retrieved 31 October 2011. 

External links[edit]