Miles Spencer

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Miles Spencer on MoneyHunt, circa 2000

Miles Spencer (born April 30, 1963) is an American angel investor, media entrepreneur and explorer. He is best known for his role as co-host[1] and co-creator of MoneyHunt,[2] a reality-based show where entrepreneurs pitch their ideas[3] to a panel of experts.[4] MoneyHunt was distributed to PBS stations[5] in the US beginning 1997[6] and overseas beginning 1999. Spencer and co-host Cliff Ennico[7] are known for their direct, fast-paced questioning[8] and constructive criticism of entrepreneurs.[9] The two developed the program after a classroom experience at a local continuing education class.[10] The show is considered the original program of the genre,[11] and has been copied in several markets worldwide, most notably Dragons' Den.

Spencer, who was born in Norristown, PA, readily admits in his book MoneyHunt [1] to having been inspired by Enterprise, a French show hosted by Bernard Tapie, while he attended school there in the early eighties as an exchange student from Choate Rosemary Hall.

Spencer’s investing career has centered on consumer products, media, online and mobile activities.[12] Since 2003, these investments have been made together with a small group of angels and through Vaux les Ventures,[13] his personal investment vehicle. Previously, investments were made through Capital Express, a private equity firm based in New York[14] where Spencer was one of four members. Capital Express’[15] most notable investment was Vaux's most notable investments to date are Operative [2], Mojiva and Cellufun. Vaux’s investment criteria [3] are published on its website.

Spencer is also well known as the co-founder[16] of Kayak for a Cause, an annual charity event[17] that raises funds for local and national charities.[18] On a dare in 2000, Spencer and Scott Carlin kayaked from Norwalk, CT, across Long Island Sound to the Huntington area.[19] More recently, up to 300 kayakers follow Spencer and Carlin in the “Adventure with Purpose” and over 5,000 people per year donate funds.[20] Donations are given away to local[21] and national charities.

A second adventure, whereby Spencer and Wellington Jones (Tad Jones) have trekked 1,100 miles (1,800 km) through the deserts of the Middle East to raise funds for peace was dubbed “Lawrence on Arabia”. The trek lasted 26 days and retraced T. E. Lawrence's steps as told in “Seven Pillars of Wisdom”. The trek served as creative inspiration for a West End Play in development, titled Sand by playwright Elizabeth Egloff with Producer partner Nelle Nugent.

External links[edit]


  1. ^ New York Times: In a Gong Show for Start-Ups, The Best Business Plan Wins March 21, 1999, By James Schembari
  2. ^ Entrepreneur Magazine
  3. ^ The Deal
  4. ^ Sky-Delta Air Lines June 1999 by John Grossman
  5. ^ Amazon
  6. ^ Kiplingers June 2000 by Ronaleen Rohaand
  7. ^ San Francisco Chronicle August 9, 2000, by Peter Sintonare
  8. ^ Forbes Magazine
  9. ^ Success Magazine
  10. ^ Westport Minuteman
  11. ^ PR Week September 28, 2000, "Pitch-off piques Interest by Aimee Grove
  12. ^ MocaNews
  13. ^ Business Wire
  14. ^ MoneyHunt's 27 Rules for Growing a Breakaway Business (Harper Collins, ISBN 978-0-06-661995-8)
  15. ^ AtNew York
  16. ^ Home - The Advocate
  17. ^ Hamptons News
  18. ^ Cancer Care
  19. ^ Huntington News
  20. ^ Business Week
  21. ^