Scott Banister

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Scott Banister
Born 1975 (age 36–37)
Kansas City, Missouri
Residence Half Moon Bay, California
Occupation Entrepreneur and investor
Known for Co-founder of IronPort
Spouse Cyan Banister

Scott Banister (born 1975 in Kansas City, Missouri) is an American entrepreneur and angel investor. He is best known as a co-founder of IronPort and an early advisor and board member at PayPal.

[edit] Biography

In the summer of 1995, Banister cofounded SponsorNet New Media, Inc., along with fellow University of Illinois at Urbana-Champaign students Max Levchin and Luke Nosek.[1] Banister created the Submit It! service while in college. He left during his sophomore year in 1996 to co-found Submit It! Inc., where he served as vice president of technology.[2][3] The company's other products included ListBot and ClickTrade. Submit It! Inc. was acquired by LinkExchange in June 1998,[4] which in turn was acquired by Microsoft in November 1998.[5]

Banister then spent time working with other start-ups as board member and investor. These start-ups include eVoice, creator of the first email-enabled home voicemail service, which was acquired by AOL in 2001. He served as VP of Ideas at idealab!, where he contributed numerous innovations, including the unique bid-for-placement search engine model that powers Overture. In December 2000, with Scott Weiss, Banister co-founded IronPort, an email appliance provider that was acquired in 2007 by Cisco for US$830 million.[6][7][8]

Scott Banister is co-founder and chairman of Zivity, an adult-themed social networking site co-founded with his wife, Cyan Banister, and Jeffrey Wescott.[9] [10] He was an early investor in Powerset, a startup building a natural language search engine, and sits on the company's Board of Directors. He also sits on the Board of Directors for Slide, a start-up founded by PayPal co-founder Max Levchin. Other private equity investments include Zappos.com, LiveOps, Facebook, Hi5.com, Tagged.com, iLike, Causes.com, Topsy Labs and TekTrak.[11]

Banister currently lives in Half Moon Bay, California with his wife Cyan.

[edit] References

  1. ^ "SponsorNet New Media". Freebase. http://www.freebase.com/view/en/sponsornet_new_media. Retrieved 2011-02-17. 
  2. ^ "Bios". Submit It!, Inc.. Archived from the original on January 21, 1998. http://web.archive.org/web/19980121155206/submit-it.com/pressroom/sibio.htm. 
  3. ^ "Scott Banister". LinkedIn. http://www.linkedin.com/in/banister. Retrieved February 17, 2011. "VP Technology, Co-Founder: Submit It!" 
  4. ^ "LinkExchange Acquires Submit It!". ClickZ. June 24, 1998. http://www.clickz.com/clickz/news/1704870/linkexchange-acquires-submit-it. 
  5. ^ "Acquisition Enables MSN to Reach More Customers". Microsoft News Center. November 5, 1998. http://www.microsoft.com/presspass/press/1998/nov98/linkpr.mspx/. 
  6. ^ "IronPort - Press Release". IronPort. 2007-06-25. http://www.ironport.com/company/ironport_pr_2007-06-25.html. 
  7. ^ "Cisco Announces Agreement to Acquire IronPort". Cisco. 2007-01-04. http://newsroom.cisco.com/dlls/2007/corp_010407.html?sid=BAC-NewsWire. 
  8. ^ "Cisco Buys IronPort for $830 Million". crmbuyer.com. http://www.crmbuyer.com/story/OObwFRVynd9ti2/Cisco-Buys-IronPort-for-830-Million.xhtml. [dead link]
  9. ^ "Scott Banister, Chairman, talks about Zivity on Fox Business". YouTube. November 8, 2007. http://www.youtube.com/watch?v=fM_hm8AGd9g. 
  10. ^ "Zivity's Scott Banister on Fox Business Network". Zivity. November 8, 2007. Archived from the original on 2007-11-18. http://web.archive.org/web/20071118153617/http://blog.zivity.com/2007/11/8/zivity-s-scott-banister-on-fox-business-network. 
  11. ^ "iPhone Tracking Service Provider TekTrak Locates Seed Funding". TechCrunch. December 14, 2010. http://techcrunch.com/2010/12/14/tektrak-seed-funding/. Retrieved Match 1, 2011. 

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