Kaleil Isaza Tuzman - AbsoluteAstronomy.com

Kaleil Isaza Tuzman is an entrepreneur, the chief executive officer and elected chairman of the board of KIT digital

KIT digital

KIT digital is a global provider of end-to-end video management software and services. The company is headquartered in Prague, and maintains principal offices in Atlanta, Beijing, Boston, Buenos Aires, New York, Chennai, Cologne, Dubai, Hong Kong, London, Los Angeles, Madrid, Melbourne, Milan,...

, Inc., and managing partner of KCP Capital. Isaza Tuzman, started his career at Goldman Sachs.

Isaza Tuzman is best known as an entrepreneur

Entrepreneur

An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative.The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to...

and co-founder of govWorks.com, subject of the 2001 documentary Startup.com

Startup.com

Startup.com is a 2001 documentary film that chronicles the dot-com start-up phenomenon and its eventual end. The film follows e-commerce website govWorks and its founders Kaleil Isaza Tuzman and Tom Herman from 1999-2000 as the Internet bubble was bursting.-Production:The film was made by...

about the founding and bankruptcy of the company.

Entrepreneurial Life

After graduating from Harvard University, Isaza Tuzman worked on Wall Street for 5 years at Goldman Sachs before launching govWorks, Inc., an Internet start-up along with his childhood friend Tom Herman. Isaza Tuzman as the company’s CEO was able to quickly raise $60 million in venture capital, however like many companies of the “dot com” era, govWorks, Inc. was negatively affected by the burst of the "dot-com bubble

Dot-com bubble

The dot-com bubble was a speculative bubble covering roughly 1995–2000 during which stock markets in industrialized nations saw their equity value rise rapidly from growth in the more...

" and was sold to First Data Corp. for nearly $20 million. The journey from the founding days to the sale of the company was documented in a documentary “Startup.com

Startup.com

”, which premiered at the Sundance Film Festival in 2001.

Soon after govWorks.com, Isaza Tuzman founded Recognition Group (later known as KIT Capital), a company aimed at providing exit strategies, financial restructuring and interim management for distressed companies. Among dozens of projects, KIT Capital managed the sale of Tigris Corp., a privately-held strategic sourcing and supply chain consultancy based in New York City, to Verticalnet, Inc. in 2004. In 2001 KIT Capital/Recognition Group took over KPE, a struggling web development subsidiary of Grey Global Group, where Isaza Tuzman took the role of the CEO and chairman and sold the company to Mobilocity, Inc. (which was subsequently sold to Agency.com) less than a year later.

In May 2005, Isaza Tuzman was brought in as the President of JumpTV, a small start-up that focused on delivering foreign Internet Protocol Television (IPTV) content. Under his leadership, the company grew to become a leading company in delivery of syndicated foreign television content over the Internet around the globe. In August 2006, Isaza Tuzman led the IPO of JumpTV with Morgan Stanley as the lead underwriter, which allowed the company to raise over $60 million, and additional $100 million in a secondary offering less than a year later. In late 2007, Isaza Tuzman sold a substantial portion of his shareholding interest in JumpTV in the public market, which subsequently floundered after his departure.

In late 2007, Isaza Tuzman purchased a controlling interest in ROO Group and became the company’s CEO and chairman of the board. After financial restructuring and key acquisitions ROO, an Internet video technologies company, became one of the leading end-to-end IP video providers under the new name of KIT digital

KIT digital

. KIT digital listed on the NASDAQ Global Market in August 2009 under the ticker "KITD".

In August 2008 KIT Capital, MNA partners and RiverRoad Ventures merged to form KCP Capital, a cross-border merchant bank.

Government positions

Isaza Tuzman has served as a U.S. trade representative under presidents Bill Clinton

Bill Clinton

William Jefferson "Bill" Clinton is an American politician who served as the 42nd President of the United States from 1993 to 2001. Inaugurated at age 46, he was the third-youngest president. He took office at the end of the Cold War, and was the first president of the baby boomer generation...

and George W. Bush

George W. Bush

George Walker Bush is an American politician who served as the 43rd President of the United States, from 2001 to 2009. Before that, he was the 46th Governor of Texas, having served from 1995 to 2000....

Executive Board Positions

Chairman of the Board, KIT digital

KIT digital

, Inc.

Board Member, Nextivity, Inc.

Board Member, Believe Entertainment

Board Member, Soliya

Soliya

Soliya is a nonprofit organization that uses internet technology to improve inter-cultural understanding between the "West" and the "Muslim World". Their core program is the Connect Program - a cross-cultural education program that directly connects university students in the US, Europe, Middle...

Board Member, Vidunia

Books

In 2005, Isaza Tuzman published a book The Entrepreneur's Success Kit: A 5-Step Lesson Plan to Create and Grow Your Own Business

External links

The source of this article is wikipedia, the free encyclopedia. The text of this article is licensed under the GFDL.