Rick has been a venture capitalist and technology investor for more than 30 years.
He and Jay Hoag co-founded Technology Crossover Ventures (TCV) in 1995. Since that time, TCV has raised over $12 billion in capital and emerged as a leading provider of growth capital to technology companies. Rick has been involved in TCV investments including Actifio, AllBusiness.com (acquired by NBCI), Alteon WebSystems (acquired by Nortel), Claremont Technology Group (acquired by Complete Business Solutions), Clarus, Copper Mountain Networks, Corsair Communications, Extrahop, Fuze, GoDaddy, kgb, Liquidnet, LHS Group (acquired by Sema), Metapath Software (acquired by Marconi), Redback Networks(acquired by Ericsson), RiskMetrics Group, Saville Systems (acquired by ADC Telecommunications), Solect Technology Group (acquired by Amdocs), Techwell, Trading Screen, Vastera (acquired by JP Morgan), XIOtech (acquired by Seagate), and Xylan (acquired by Alcatel). Rick has been recognized numerous times by Forbes on its Midas List as one of the industry’s top technology investors.
Prior to TCV, Rick was a Managing Director at Montgomery Securities, where he spent more than 10 years focusing on telecommunications and data communications as a venture capitalist and senior equity research analyst. Rick’s research received number one institutional rankings from Greenwich Associates and “Home Run Hitter” accolades from Institutional Investor Magazine.
He is currently on the board of directors of AxiomSL, kgb, and Rent the Runway.
Rick is a member of the Dartmouth College Board of Trustees. He chairs its Investment Committee and is a member of the Finance and Executive Committees. Rick is also a member of the UCSF Board of Overseers.
Rick graduated cum laude from Dartmouth College with an A.B. degree in History and received his M.B.A. with an emphasis in Finance from the University of Chicago.