McNamee, playing at a 2008 New Year's Eve show
May 2, 1956 |
Albany, New York
|Alma mater||Yale University (B.A. 1980),
Tuck School of Business (M.B.A. 1982)
|Occupation||Businessman, venture capitalist, musician|
Roger McNamee (born May 2, 1956) is an American businessman, investor, venture capitalist and musician. He is the founding partner of the venture capital firm Elevation Partners. Prior to co-founding the firm, McNamee co-founded private equity firm Silver Lake Partners and headed the T. Rowe Price Science and Technology Fund.
McNamee is also a touring musician, first as a founding member of the Flying Other Brothers, and more recently in that group's follow-on band, Moonalice. Between the two groups, McNamee estimated in April 2009 that he has played 800 shows.
Career at T. Rowe Price
By 1989 he was leading the firm's Science & Technology Fund, a period when the fund returned about 17% annually to investors and, in a move atypical for mutual funds, he made venture capital investments in Electronic Arts (which went public in 1989) and Sybase (which had its IPO in 1991).
Relationship with Wikipedia
According to the New York Times, McNamee has been instrumental in arranging at least two $500,000 donations to the Wikimedia Foundation. Roger McNamee is a member of the Wikimedia Foundation's advisory board, and acts "as a special advisor to the Executive Director on business and strategy issues."
Bill Gates wrote in his book The Road Ahead: "Roger was a great sounding board for many of the ideas I wrote about". Mark Zuckerberg (who met McNamee in summer 2006 at a time when Facebook reportedly had buyout offers of around $750 million) said McNamee was "emphatic" that Facebook not be sold; Zuckerberg stated he "clearly cared about building something long-term and about the impact of the things we build as opposed to just making money in the short term," advice that Portfolio.com called "prescient": in October 2007, Facebook sold just 1.6 percent of the company to Microsoft for $240 million.
- "Techie guy by day, rocker guy by night", a January 28, 2005 article from USA Today
- President's Advisory Committee on Digital Yale, from the Yale University website
- Tuck Investiture from a Dartmouth College website
- "Investment pays off for late-blooming rocker", an April 13, 2009 article from the San Francisco Chronicle
- "Rock Stars of Tech". Portfolio.com. December 16, 2007. Retrieved 2009-09-25.
- "Twitter Lures In An Unusual Backer". The Wall Street Journal. September 25, 2009. Retrieved 2009-09-25.[dead link]
- Flying Other Brothers website
- "Open-Source Trouble in Wiki World", New York Times, March 17, 2008
- "Why would someone toss $1.35m at Wikipedia?", The Register, March 18, 2008
- Roger McNamee to Become Wikimedia Advisor January 2009