Founder and Managing Partner, Genacast Ventures, Philadelphia and New York Offices
“Thomas Edison said: "Genius is 1% inspiration and 99% perspiration." We believe similarly at Genacast: start-up success is 1% a good idea and 99% execution. A good idea is a start but you also neeed a great team with brilliant execution to make a start-up successful"
At Comcast Ventures
Genacast Ventures invests in Internet technology entrepreneurs with a vision and passion for forging new markets or disrupt old ones. Established in 2008 as a partnership between serial entrepreneur Gil Beyda (Real Media and Tacoda) and Comcast Ventures, Genacast’s commitment to helping exceptional entrepreneurs build great companies is already experiencing success with its first investment Invite Media being acquired by Google (Public, NASDAQ:GOOG), its second investment Demdex being acquired by Adobe (Public, NASDAQ:ADBE) and its fourth investment Divide being acquired by Google. Current portfolio companies include DoubleVerify (advertising), Mortar Data (big data), LeadiD (lead generation), YieldMo (mobile advertising), Rocketrip (corporate travel), ZeroFox (security), RevMetrix (retail analytics), Overlap (scheduling) and STAQ (advertising). Genacast invests up to $1M in 4-6 seed-stage start-ups each year.
Before Comcast Ventures
In 1995, Gil helped pioneer Internet advertising by founding Real Media, the first online ad network and ad server company. After Real Media was acquired in 2001, Gil pioneered the next wave of online advertising as CTO of TACODA, the first behavioral targeting, ad network. Following AOL’s acquisition of TACODA in 2007, Gil founded Genacast Ventures in partnership with Comcast Ventures.