Rich May News: 2006
March 6, 2006
Rich May Client, Venkat Srinivasan, elected Treasurer of TiE Boston
Rich May Client, Venkat Srinivasan, was recently elected Treasurer of TiE Boston. TiE is a global, not-for-profit network of entrepreneurs and professionals dedicated to the advancement of entrepreneurship. TiE provides a platform for mentoring, networking and education to entrepreneurs and professionals. TiE is a prominent, global, not-for-profit organization. TiE stands for “The Indus Entrepreneurs”, reflecting the South Asian background of the individuals who chartered the organization in 1992. TiE has come to represent “Talent, ideas and Enterprise” or “The Innovative Ecosystems” through its activities and influences.
Dr. Srinivasan is the CEO of Rage Frameworks and is a Charter Member of TiE-Boston. Rich May attorney, Walter Wright is also a member of TiE-Boston. For more information on TiE’s newly elected board members click here.
About Rage Frameworks, Inc.
The Rage Group, based in Westwood, MA, is in the business of conceiving, developing, launching, incubating and accelerating the growth of businesses, products and services which leverage proprietary intellectual property such as Rage’s revolutionary business process automation technology, and the differentiated and integrated expertise of its principals and affiliates in information technology and collection, finance, credit, venture investing, statistical methodologies and on-shore and off-shore business process engineering and operations. Rage Frameworks’s patent-pending technology dramatically reduces the time to market for software applications without compromising robustness and flexibility. The Rage Group includes a seasoned team that has over a decade of experience delivering similar technology and solutions. Rage Frameworks licenses technology and provides start-up business services to emerging information companies, and Rage Holdings leverages Rage Frameworks proprietary technology and business development resources as an early stage investor by providing financial support. The Rage Group is led by CEO Dr. Venkat Srinivasan.
Before founding Rage, Venkat served as the first Entrepreneur-in-Residence at Bain Capital and was the Chairman and CEO of eCredit.com, Inc., a leading provider of credit, financing and receivables management solutions for business-to-business and business-to-consumer commerce. Venkat founded eCredit.com in 1993 and sold a 30% stake to the Internet Capital Group for $450MM in 2000.
Prior to founding eCredit.com in 1993, Venkat served as an Associate Professor of Finance at Northeastern University in Boston, MA. Prior to that, he worked for Union Carbide as Cash Manager for the company’s vast operations in India. Venkat holds a Ph.D. in Finance from the University of Cincinnati, is a Premier Member of the Credit Research Foundation, a Charter Member of the Tie-Boston, a Trustee of the HarborAlliance and a Certified Chartered Accountant [equivalent to a CPA] in India. Rich May has worked with Venkat since 1993 and has served as general counsel of each company he has founded.
About Rich May
Rich May’s diverse practice embraces the organization and operation of business ventures, venture capital, private placements, hedge funds, public offerings, technology licensing, mergers and acquisitions, contracts, joint ventures, internet and e-commerce law, employee relations, intellectual property, litigation and dispute resolution, energy, telecommunications, public utilities, wealth planning and real estate. Rich May provides superior legal and strategic counsel through its extraordinary commitment to clients’ success, outstanding professional competence and straightforward ability to communicate. Rich May embraces an entrepreneurial spirit and maintains a mission execution culture that distinguishes Rich May from other law firms.
Rich May combines the stability and experience of one of Boston’s oldest preeminent law firms with the innovative spirit and energy of a venture catalyst intensely focused on serving high-tech entrepreneurs, emerging companies and investors in New England and throughout the United States.
For more information, visit www.richmaylaw.com.
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