Profile
Tod Francis
Tod Francis has 25 years of experience working with marketing and consumer driven companies. Since 2004, Tod has been a managing director at Shasta Ventures where his investment focus is technology-enabled consumer companies. Some of his investments at Shasta include Mint, Flock, Turn, Logoworks, Uptake, Sustainable Spaces and companies still operating in stealth mode. Prior to co-founding Shasta Ventures, Tod was a general partner at Trinity Ventures for ten years where he was involved with companies such as Blue Nile, BabyCenter, FatBrain, LoopNet, NextCard, Wedding Channel, Jamba Juice and PF Chang’s.
Previously, Tod spent ten years in marketing and management positions including serving as a partner at Ram Group Marketing Management, and as a marketing manager at Johnson & Johnson on the Tylenol brand.
- M.B.A., Kellogg School of Management at Northwestern University
- B.A., Economics, Northwestern University
Areas of Special Interest
- Energy monitoring and efficiency
- On-line consumer services
- Next generation commerce enabled by the internet
- Next generation advertising platforms
- Environmentally sensitive products and services
Why I Love Working With Entrepreneurs
My experience as an entrepreneur started early. By college, I had started and run three businesses. Shasta was also a start-up. We borrowed office space, printed cards at Kinko’s, used credit cards to finance purchases and raised capital. At Shasta, we get to live the entrepreneurial dream every day, not only because we started the firm from scratch, but because we get to work with so many amazing entrepreneurs, doing what we can to help them fulfill their dreams.
I really thrive on working with entrepreneurs every day, hearing about their vision, passion and seeing them succeed. We only do well if our companies do well. All of our incentives are completely aligned with the companies in which we invest as our goal is to create shareholder value. It’s not about just showing up at board meetings. It’s about supporting the CEO and the founders with whatever they may need help with, whether that’s making introductions or interviewing candidates or providing feedback on a marketing strategy. Whatever it takes.
What Makes a Company Great
Great companies are usually the result of strong teams that provide a compelling customer experience. The role of the entrepreneur is to build a team with the right combination of skills and have a unique vision and intense passion to lead a company to a special outcome. They often have crazy ideas that turn out to be very insightful.
A company has to nail its value proposition to its customers. No matter how phenomenal your product or technology is, it has to be worthwhile and unique to the end user. And you have to figure out how to get your target customer to use, try and refer your product. That is the ultimate sign of a good product experience. If you provide value you create value. At Shasta we’re big believers that the financial returns will follow when companies concentrate on a great customer experience.
Why Energy Efficiency?
One of my interests is energy efficiency. I see this as a win-win opportunity. Consumers can save significant money without sacrificing lifestyle while helping the rest of us with our global energy challenges. We did it in our house. With simple adjustments to our lighting, insulation and appliance use, we cut our electrical bill by 50%. We made changes in our driving that saves us 1,000 gallons of gas per year, for a 45% reduction. Many experts believe energy efficiency is the easiest and fastest way to make improvements in our energy needs. We are seeking entrepreneurial ideas that enable energy efficiency for consumers and businesses. Great businesses can be built that address this need. The nice thing is the customer and the rest of us win as well.
Title
- Managing Director
Expertise
Internet-enabled consumer and business services
Contact Info
- tod@shastaventures.com
- Assistant: Eileen Haldeman
- eileen@shastaventures.com
- (650) 543-1700
"No matter how strong your technology is, your product has to be worthwhile and unique to the end user."
Current Investments
Selected Prior Investments
News
- Jun.11 2009 - 25 Ways to Save Money Every Day
- May.27 2009 - Harris: Help for the gift-card challenged
- May.21 2009 - The Medium Blog - Home Economics
- Mar.02 2009 - Making a Mint on personal finances
- Mar.01 2009 - The Six Best Budgeting Sites
