George Schwartz – Director
George has a broad range of industry experience involving startup and mature companies. Acquisitions where he played a key or lead role include divestitures from numerous Fortune 500 companies, including Westinghouse, GTECH, Viad Corp. and Merrill Lynch. He also served as the financier and chairman/CEO/board member of these acquisitions. The company size has ranged from $1-$200 million.
He also has been involved in all aspects of startup financing, either as an investor, chairman or board member. The most stressful times for startups are when they are developing plans that simultaneously are attractive to investors and also are aligned with the missions of the companies. Without satisfying each of these needs, getting started is almost impossible. Based on his years of experience and current portfolio, his experience regarding these issues can enhance the likelihood of a positive outcome. He has helped to secure the capital necessary to get started and serve as chairman to guide the companies’ strategies, then close the exits numerous times. He has dealt with all aspects of businesses, ranging from negotiating with unions to instituting successful incentive pay systems, to frontlining a global roadshow for a $100 million bond offering to negotiating with angel investors. He currently serves as chairman of a number of startups, whose websites include www.visualclassrooms.com, a digital whiteboard company developed at Tufts University from a $2.5million NSF grant, whose purpose is to increase the level of engagement of students, principally involved in online learning environments. www.whooosreading.org has developed a cutting edge reading program which incorporates artificial intelligence, gamification and machine learning to enrich the reading experience of K-6 students. This idea was the baby of three recent alums of Williams College. George is a co-founder of these as well. He also chairs www.performa-learning.com, which teaches business English around the world. Of note, each of these has a woman leader. He also is chairman and co-founder of www.gospacetime.com, involved in a unique aspect of augmented reality and of www.prodigikids.com, a company whose mission is to enhance the level of nurturing from parent to baby. Its first product is Adi, a plate for babies which cannot be thrown by the child due to a novel suction engineering. The company has completed a Kickstarter campaign and expects to launch shortly. He is also an advisor to www.getklear.com.
Earlier in his career, George worked for Drexel Burnham Lambert, and he then served as a partner in a billion dollar private equity fund, and later was chairman of a $100 million company which fueled jetliners around the world, funded by John Hancock Insurance Company and Canadian Imperial Bank of Commerce.
He has been an investor and/or director of at least ten other early stage investments/acquisitions, many of which had very successful exits. He has served as a judge at several business plan competitions and entrepreneurship forums.
George earned his BA from Vanderbilt University and his MBA from Dartmouth College.