Dan McKinney joined the Company in 2005. From 2001 to the present, Mr. McKinney was a Partner and Co-founder of NextStage Capital. Prior to co-founding NextStage Capital / NextStage Advisors, Dan was a Vice-President and Officer of Safeguard Scientifics (NYSE: SFE) from 1999 to 2001, a publicly traded venture capital firm. During his tenure at Safeguard, he led approximately $75.5 million, evaluated hundreds of businesses, and structured and negotiated numerous deals. He created Safeguard's 90-day acceleration framework (a core component of the NextStage Methodology) that helped Safeguard's portfolio companies to accelerate execution and compress time-to-market. While at Safeguard, Dan served as an active board member for many companies, successfully recruited CEOs and CFOs, and led several business development efforts on behalf of portfolio companies. An example of one of Dan's investments at NextStage is TurnTide (acquired by Symantec in 2004) Examples of Dan's venture investments while at Safeguard include: Atlas Commerce (Sold to Verticalnet NAS: VERT), AgWeb (Sold to Farm Journal), and while at IBM; SystemCorp (acquired by IBM). Prior to Safeguard Dan was an executive with IBM for over 10 years, where he held several marketing and had profit & loss responsibility for one of IBM's businesses. During part of his IBM career, Dan was in IBM's mergers & acquisitions group. There he was responsible for one of IBM's only minority investments made during the 90s. That investment in a software company returned greater than 30% IRR to IBM before being acquired by IBM in late 2004. During his tenure with IBM, Dan developed an alliance that ultimately became one of IBM's top 20 Global Alliance Partners, was integral in launching IBM's largest Internet initiative in the Financial Services industry, and was responsible for launching a new software product that produced tens of millions of dollars in incremental revenue. Dan graduated magna cum laude from the University of Cincinnati with a degree in Accounting and began his career as a CPA with KPMG. During his 3 years at KPMG, Dan was involved in both the audit and tax groups. |