Steven Farsht

INNOVATION & ENTREPRENEURSHIP
Adjunct Lecturer of Innovation & Entrepreneurship

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Steve is a Board Member and Director at Techstars Chicago, serves on the Advisory Board of Hyde Park Venture Partners and is a Member of the FireStarter Fund.  He has invested directly in several startups including Tap.Me, MightyNest, SA Ignite, Food Genius, Power2Switch, TradingView and FindIt. Steve was COO of Tap.Me, which was sold to MediaMath in 2012.

Previously, Steve was a General Partner with Norwest Equity Partners. Over his 9 years with the firm, Steve invested $280 million of equity in 13 management buyouts and growth capital investments across a variety of industries. His platform companies completed 9 add-on acquisitions. Steve served on the 8 Boards of Directors and led the sale of several companies to strategic and financial buyers.

Steve also ran one of the firm’s portfolio companies where he conceptualized, developed and commercialized Probate Finder OnDemand, the first and only automated estate location and claim filing solution. He also developed and launched MyWayForward.com, the first online resource designed specifically for people who are dealing with the death of a loved one.

Steve has an undergraduate degree in accounting from the University of Wisconsin - Madison and a graduate degree from Northwestern's Kellogg School of Management.

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Education
MBA, 1998, Kellogg School of Management, Northwestern University
BBA, 1992, School of Business, University of Wisconsin-Madison

Other Professional Experience
Director and Board Member, Techstars, 2013-present
Advisory Board Member, Hyde Park Venture Partners, 2011-present
Member, FireStarter Fund, 2011-present
Advisory Board Member, ActiFi, Inc., 2010-present
Chief Operating Officer and Board Member, Tap.Me, 2011-2013
Executive in Residence, Excelerate Labs, 2011-2011
Chief Executive Officer, Forte, LLC, 2007-2010
Chief Executive Officer, DCM Services, 2007-2010
General Partner, Norwest Equity Partners, 1997-2007
Independent Consultant, Genmar Holdings, Inc., 1996-1996
Senior Accountant/Consultant, Arthur Andersen LLP, 1992-1996

 
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