Dave Hersh

Overview

Dave Hersh is an angel investor based in San Francisco, California, United States. He is the CEO of RipFog, a pre-launch company focused on data transport solutions. Previously, he was the founding CEO of Jive Software, where he grew the company from a small open-source project to a $60 million pre-IPO company. He also served as Chairman prior to its IPO. Additionally, Dave is a Board Partner at Andreessen Horowitz and advises early-stage companies. He holds a Bachelor's degree in Economics from DePauw University. Dave's investment focus includes sectors such as technology, software, enterprise software, cloud computing, SaaS, big data, business intelligence, social media, e-commerce, fintech, healthcare, edtech, media, consumer goods, and energy. He typically invests in seed to late-stage companies, with investment sizes ranging from $1 million to $50 million. His geographical focus is primarily on the United States. Dave's investment philosophy centers on partnering with exceptional management teams to create substantial long-term value. He seeks businesses with proven models, sustainable franchises, strong returns on invested capital, and opportunities for operational improvement or growth through acquisitions. His approach is patient, allowing for flexible decision-making and long-term investment horizons, often expediting transactions without external financing.

Investment Focus

• Exceptional management teams
• Proven business models
• Sustainable competitive advantages
• Strong returns on invested capital
• Opportunities for operational improvement or growth through acquisitions

Portfolio Companies