Dave Berkus
| Dave Berkus | |
|---|---|
| Born |
David W. Berkus March 23, 1941 Los Angeles, California |
| Alma mater | Occidental College, (B.A., Business Administration, 1962) |
| Occupation | Angel investor, venture capitalist |
| Website |
berkus berkonomics daveberkus |
David W. "Dave" Berkus (born March 23, 1941) is an American angel investor - venture capitalist from California. He is credited with technological innovations in computer software for the hotel and lodging industries and was recognized by that industry's Hospitality Financial Technology Professionals association with its International Hall of Fame designation. In perhaps the first use of the term, Inc. Magazine described him as a "super angel" in 1996.
He attended Occidental College in Eagle Rock, California, graduating in 1962. He then served in the United States Naval Reserve for nearly a decade while simultaneously managing his first enterprise, a phonograph record production and manufacturing company, which he created at the age of 15. He is responsible for leading companies as CEO, chairman or lead director. He was recently awarded “Director of the Year” for his board leadership efforts with over 40 companies over the years.
He has formed, managed and sold businesses in the hospitality, entertainment and software industries. He specifically deals with business operations and venture investing and serves on a number of corporate boards, (see below).
In 1957, when he was 15, Berkus and a friend founded his first company, Custom Fidelity, Inc., whose purpose was to produce and manufacture phonograph records. In 1971 he managed this company to its initial public offering (IPO) under SEC Regulation "A," which pertains to small businesses. In 1968 he relocated the company from Pasadena to Hollywood. By 1974, the company employed over fifty people under its record manufacturing operation and other related divisions, and he sold his interest in the business.
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