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Tige Savage

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Tige Savage
Born (1968-09-30) September 30, 1968 (age 55)
Boulder, Colorado, United States
NationalityAmerican
Alma materUniversity of Michigan
Occupation(s)Co-founder, Managing Partner, Investor

Tige Savage (born September 30, 1968) is an American investor, co-founder and managing partner of Revolution LLC, a principal investment firm based in Washington, D.C., which has investments in companies such as RunKeeper, Homesnap, Booker, Framebridge, Busbud, BenchPrep, and Insikt. He was a key investor in LivingSocial in its founding years.[1]

Career

Savage was an executive at Riggs National Corporation in the mid-1990s; he simultaneously served on the board of directors of Allbritton Communications Company. From 1998 to 2000, he managed technology and media sector investments as executive vice president of Riggs Capital Partners.[2]

From 2001 to 2003, Savage managed investments in technology and media companies as vice president of Time Warner Ventures.[3]

In 2005, Savage co-founded Revolution with partners Steve Case and Donn Davis;[4] Savage leads Revolution's venture capital investing activities as managing partner of Revolution Ventures.[5]

In 2011, Savage was named one of Washington, DC's “100 Top Tech Titans”[6] by Washingtonian Magazine and in 2013 he was named Financier of the Year at the Northern Virginia Technology Council Annual Awards.[7] Savage has been interviewed by The Wall Street Journal,[8] Business Insider,[9] MIT Technology Review,[10] The Motley Fool,[11] and This Week in Venture Capital[12] about Revolution's investment philosophy as it pertains to LivingSocial and Zipcar.

Savage was credited for his role in developing LivingSocial's strategy in a profile of the company in The Washington Post that same year.[13] In 2012, he wrote an online review of e-commerce technology platforms.[14]

Life and education

Savage holds a Masters in Business Administration from the University of Michigan's Ross School of Business and a Bachelor of Arts degree from James Madison University. He was born in Boulder, Colorado.[2]

Board seats

Savage currently holds seats on the Board of Directors of Resolute Innovation,[15] LivingSocial,[16] Booker,[17] Homesnap, OrderUp, and Framebridge among other companies. Previous Board seats include Zipcar and Flexcar (Zipcar)[18] (acquired by Avis), HelloWallet[19] (acquired by MorningStar and most recently by KeyCorp[20]), and Revolution Money,[9] which was acquired by American Express.[21]

References

  1. ^ Suster, Mark (13 February 2011). "Revolution Co-founder Talks Living Social, Zipcar, Steve Caes, And Groupon Super Bowl Ads". Business Insider. Retrieved 13 January 2015.
  2. ^ a b "Tige Savage". Revolution. Retrieved 2012-09-15.
  3. ^ Foster, Richard (28 January 2012). "Divine intervention 'Super angels' formalize their investments in startups". Virginia Business. Retrieved 13 January 2015.
  4. ^ Rusli, Evelyn M. (2011-04-04). "In Race With Groupon, LivingSocial Raises $400 Million". The New York Times.
  5. ^ Reeder, Robert. "Steve Case, right, meets in his District office with two of his Revolution executives". The Washington Post.
  6. ^ "Washington's Tech Titans | People & Politics". Washingtonian. 2009-05-01. Retrieved 2012-09-15.
  7. ^ "Northern Virginia Technology Council Congratulates 2013 Greater Washington Technology CFO Award Winners". nvtc.org. North Virginia Technology Council.
  8. ^ Savage, Tige (13 October 2013). "Savage: Live By Your Numbers". The Wall Street Journal.
  9. ^ a b Mark Suster (2011-02-13). "Revolution Co-founder Talks Living Social, Zipcar, Steve Case, And Groupon Super Bowl Ads - Business Insider". Articles.businessinsider.com. Archived from the original on 2013-01-19. Retrieved 2012-09-15.
  10. ^ Regalado, Antonio (4 November 2013). "It's All E-Commerce Now". MIT Technology Review.
  11. ^ Sankin, Aaron (6 April 2014). "Why Tech Startups Should Consider Abandoning Silicon Valley". The Motley Fool.
  12. ^ "Venture Capital - This Week in Venture Capital - Tige Savage Co Founder of Revolution". YouTube. 2011-02-10. Retrieved 2012-09-15.
  13. ^ Steven Overly and Thomas Heath (2011-02-24). "At IPO-ready LivingSocial, you get the deals — and it gets the riches". The Washington Post. Retrieved 2012-09-15.
  14. ^ "Online Services: the Next E-Commerce". Revolution. 2012-03-19. Retrieved 2012-09-15.
  15. ^ "Steve Case's Revolution backs Resolute Innovation to connect companies with R&D – TechCrunch". techcrunch.com. Retrieved 2018-03-29.
  16. ^ "LivingSocial | CrunchBase Profile". Crunchbase.com. Retrieved 2012-09-15.
  17. ^ "Booker - Management Profile". www.booker.com. Booker.
  18. ^ "Tige Savage | CrunchBase Profile". Crunchbase.com. 2011-10-19. Retrieved 2012-09-15.
  19. ^ Revolution Team (29 May 2014). "Hello wallet Acquired by Morningstar". Revolution LLC.
  20. ^ "Key to acquire HelloWallet from MorningStar in latest fintech bid". Crain's Cleveland Business. 2017-05-31. Retrieved 2017-08-03.
  21. ^ "American Express Completes Acquisition of Revolution Money". About.americanexpress.com. 2010-01-15. Retrieved 2012-09-15.
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