Seth’s career spans venture capital investing as well as operational, transactional and advisory roles at both public and private companies. Prior to co-founding Foundry Group, Seth began his venture capital career at Mobius Venture Capital. He currently serves on the boards of AdMeld, Integrate, Lijit, Mandelbrot Project, Medialets, StockTwits, Trada and Triggit for Foundry Group. Prior to Mobius Venture Capital, Seth joined a restart of the data communications company, FirstWorld Communications. He was the third employee of a new management team with a goal to transition what had been a traditional competitive local exchange carrier (“CLEC”) into the data and Internet world. Seth was the corporate finance half of the CFO position where he started and led the finance, mergers and acquisitions and investor relations groups. Seth then led the IPO process for FirstWorld’s IPO in 2000 and negotiated simultaneous equity investments from Microsoft, SAIC and Lucent Technologies, eventually raising over $260 million from the IPO and these side-by-side equity transactions. When the company decided to focus on its data center and hosting business, Seth assumed operational control of the remainder of the business and led the Internet service provider, telephony and network integration portions of the company, representing in total approximately $40 million in revenue. He managed the sale of these lines of business in 2001. Prior to joining FirstWorld, Seth joined the business development group of ICG Communications, a Colorado-based CLEC where he led their mergers and acquisitions practice and worked on strategic partnerships. Previously, he was an investment banker in Morgan Stanley’s telecommunications corporate finance practice, where Seth completed numerous equity, debt, restructurings, mergers and acquisitions assignments. Previous investment successes in which Seth has been involved include Dante Group (acq. by WEBM), FeedBurner (acq. by GOOG), Feld Group (acq. by EDS) and ServiceMagic (acq. by IAC). Seth is a summa cum laude graduate of Macalester College in St. Paul, Minnesota. He is active throughout the entrepreneurial community in Colorado.