Nationality American | Name Tige Savage | |
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Born September 30, 1968 (age 55) ( 1968-09-30 ) Boulder, Colorado, United States | ||
Alma mater University of Michigan Education James Madison University | ||
Why AOL Failed
Tige Savage (born September 30, 1968) is an American investor, co-founder and managing partner of Revolution LLC, a principal investment firm based in Washington, D.C., which has investments in companies such as RunKeeper, Homesnap, Booker, Framebridge, Busbud, BenchPrep, and Insikt. He was a key investor in LivingSocial in its founding years.
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Career
Savage was an executive at Riggs National Corporation in the mid-1990s; he simultaneously served on the board of directors of Allbritton Communications Company. From 1998 to 2000, he managed technology and media sector investments as executive vice president of Riggs Capital Partners.
From 2001 to 2003, Savage managed investments in technology and media companies as vice president of Time Warner Ventures.
In 2005, Savage co-founded Revolution with partners Steve Case and Donn Davis; Savage leads Revolution’s venture capital investing activities as managing partner of Revolution Ventures.
In 2011, Savage was named one of Washington, DC’s “100 Top Tech Titans” by Washingtonian Magazine and in 2013 he was named Financier of the Year at the Northern Virginia Technology Council Annual Awards. Savage has been interviewed by The Wall Street Journal, Business Insider, MIT Technology Review, The Motley Fool, and This Week in Venture Capital about Revolution’s investment philosophy as it pertains to LivingSocial and Zipcar.
Savage was credited for his role in developing LivingSocial's strategy in a profile of the company in The Washington Post that same year. In 2012, he wrote a popular online review of e-commerce technology platforms.
Life and education
Savage holds a Masters in Business Administration from the University of Michigan's Ross School of Business and a Bachelor of Arts degree from James Madison University. He was born in Boulder, Colorado.
Board seats
Savage currently holds seats on the Board of Directors of LivingSocial, Booker, Homesnap, OrderUp, and Framebridge among other companies. Previous Board seats include Zipcar and Flexcar (Zipcar) (acquired by Avis), HelloWallet (acquired by MorningStar and most recently by KeyCorp), and Revolution Money, which was acquired by American Express.