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| | VENTURE DEVELOPMENT |
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| Richard Wolpert |
Mr. Wolpert has been a pioneer in the fields of consumer digital media and entertainment for the last 20 years.
Wolpert is the founder of Chance Technologies, Inc., a technology development and investment portfolio focused on technologically driven entertainment ventures including: GameSpy, GameFly, Smilebox, LookOut, Mob.ly, AdECN, Universal Audio, Zetta Systems, Digital Map Products, Intent.com and AudioMill. Chance Technologies, Inc. was formed in 1994.
In addition to managing Chance Technologies, Mr. Wolpert serves as a Venture Advisor to Accel Partners helping them expand their portfolio in the area of consumer digital media. Mr. Wolpert also serves as an Executive Strategic Advisor to RealNetworks. In this capacity Mr. Wolpert helps RealNetworks to continue the vision he helped pioneer while he was an executive with the company.
Mr. Wolpert served as the Chief Strategy Officer of RealNetworks from 2000-2005. During this time Mr. Wolpert lead RealNetworks’ transition from a technology company to a consumer services/digital media company by operating the RealNetworks’ Consumer businesses and growing those businesses from a run rate of under $100M to profitable businesses with run rates of more than $250M in under two years. In addition to his executive responsibilities at RealNetworks, Mr. Wolpert was the key deal person on RealNetworks’ largest transactions including the $761M settlement with Microsoft, a joint venture with three of the world’s largest music labels, and the acquisition of Listen.com/Rhapsody.
Mr. Wolpert served as president of Disney Online from 1996-1998, where he was responsible for the business and creative strategy for the company. During his tenure, Mr. Wolpert oversaw all aspects of Disney Online’s Internet initiatives including the Web’s most popular family Web site, Disney.com, as well as the development and successful operation of The Disney Store Online, Disney’s prosperous e-commerce business, and Disney’s Daily Blast.
From 1984-1994 Mr. Wolpert founded and developed several thriving technology companies including After Hours Software, Bit Jugglers, Mind Over Technology, among others. Many of these companies have since successfully merged with, or were acquired by industry giants such as Adobe Systems, Compaq/HP and RealNetworks. Mr. Wolpert began his career at Apple Computer in 1984, where he was involved in the early development of the Macintosh.
Mr. Wolpert has taught classes at both Stanford and UCLA. Mr. Wolpert is a board member for the LA Chapter of the Crohn’s & Colitis Foundation of America where Mr. Wolpert is the Founder of CCFA’s camps. Mr. Wolpert also serves on the board of the UCLA School of Theater Film and Television and on the Board of Governors for Cedars Sinai Medical Center. Mr. Wolpert earned his degree in math and computer science at the University of California, Los Angeles.
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