SMV6: Tim Schigel on how he found Lightning in a Bottle with ShareThis.

Jun 22

SMV6: Refinery Ventures Managing Partner Tim Schigel shares how he found “Lightning in a Bottle” and hit $50M in revenues in 4 years at ShareThis.

In this episode, you will learn:

How to find your “Lightning in a Bottle”
Why talent and technology are no longer geographically tethered
First Law: Capital follows revenue growth
Why and how Boomerangers are critical to the region’s success
Sage advice for budding entrepreneurs

Episode Summary:
This episode of the SmartMoney Ventures Podcast features Tim Schigel, Founder and Managing Partner of Refinery Ventures who invests in early stage companies based on his own experience as Founder of ShareThis, where they hit $50M of revenues in 4 years. Also as an investor in Advertising.com, they achieved $150M in revenues in year 5.

The story illustrates the immense value of having hands-on experience working in a company with an extremely rapid growth trajectory. It can be a bumpy ride, but once you’ve experienced it, you’ll never go back.

Tim Schigel is the Founder of ShareThis, Founding Board Member of Cintrifuse, a fund of funds, and Founder & Managing Partner of Refinery Ventures. He is a recipient of the Ernst & Young Entrepreneur of the Year award.

Tim has invested in many successful companies including dotloop (acquired by Zillow), Advertising.com & Third Screen Media (both acquired by AOL/Time Warner), and BuzzMetrics (acquired by Nielsen).

Tim holds a Bachelors of Science Degree in Electrical Engineering from Case Western Reserve University and serves on the Advisory Board of The Institute for Management & Engineering (TiME) at Case Western.

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Companies, people & topics
mentioned in this episode:

Companies Tim has worked at:
ShareThis (Founder)
Refinery Ventures (Founder)
Cintrifuse (Founding Member)
Blue Chip Venture Company
Grant Thornton, LLP
PHAROS Technologies

Companies/Institutions where Tim serves or served as a Board Member :
StoryFit
Livegistics
dotloop (acquired by Zillow)
Cintrifuse
Fooji
Folio Photonics
Tealbook
StoryTap
RedCircle
Engage Talent (acquired by Workforce Logiq)
Northern Kentucky University Foundation (Chair of Investment Committee)
The Institute for Management & Engineering (TiME) at Case Western Reserve University (Advisory Board)
Fondaco SGR S.p.A Italy