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Scott Tilson

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Nationality
  
American

Occupation
  
Businessman

Name
  
Scott Tilson



Born
  
May 11, 1963 (age 60) (
1963-05-11
)
Baltimore, Maryland, USA

Known for
  
Poetry.com, Stamp Collection, Entrepreneurship

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Scott Tilson (born May 11, 1963) is an American businessman who owned poetry.com and is the founder of "The International Collectors Society". He is also the co-owner of "Psychedelic Art Exchange".

Contents

Career

Tilson started his business career at the age of 15, buying and selling rare United States coins under the name "Scott Tilson Rare Coins" while at the same time pursuing his graduation at Northwestern University in Evanston, Illinois. Upon graduation, Tilson moved back to his hometown of Baltimore, Maryland and grew his business into one of the largest retail coin dealerships in the country. Tilson also launched the First Federal Rare Coin Fund, one of the very first rare coin investment Limited Partnerships.

In 1992, Tilson, along with his new business partner Jeffrey Franz, launched what would become the largest collectible stamp dealership in the world, "The International Collectors Society". The company grew to over 1,500,000 paying customers around the world and over 123,000 people signed up to receive monthly shipments of Tilson's top recommendations. The company was sold in 1997 for $14,000,000. In 2006, Tilson, along with childhood friend, Glen Trosch, founded Psychedelic Art Exchange.

Purchase of Poetry.com

In June 1997, Tilson, along with Franz, purchased Poetry.com from Cendant Corporation. The business became the largest poetry publisher in the world. The company grew to over 2,000,000 paying members and they held conventions 3 times per year, each of which was attended by over 2500 poets from over 40 nations. The company was sold in 2005 in a $9,000,000 transaction to New Catalyst Fund. New Catalyst Fund, unfortunately, ran the company into the ground before selling it to LuLu.com on March 7, 2009.

On April 14, 2011, LuLu.com abruptly announced that they were closing poetry.com on May 4, 2011. This announcement shook the poetry world. 14 million poems by 7 million poets were going to be lost forever. A mad scramble was attempted by the Archive Team to save the database. On May 11, 2011, Tilson stepped in and re-purchased poetry.com from LuLu.com so that this international treasure trove of poems would remain accessible. The site is home to the largest community of amateur poets on the Internet.

Education

Tilson received his schooling from The Park School in Brooklandville, Maryland in 1981 and graduated from Northwestern University in 1985 with a B.A. in economics.

Personal life

Tilson moved with his family to Park City, Utah in June 2005. He has been married to his wife Suzanne since 1990. They have three children, Kyle (born 1994) and Brooke and Grant (born 1997).

References

Scott Tilson Wikipedia