Michael Jones
Description
Michael Jones is a highly influential internet executive and investor, widely recognized as the co-founder and CEO of Science Inc., a prominent Los Angeles-based venture studio and fund. Before co-founding Science Inc., Jones served as the CEO of MySpace, where he led its turnaround and eventual sale. His extensive background as an entrepreneur and strategic advisor has positioned him as a key figure in the Southern California tech ecosystem, with a focus on identifying and nurturing disruptive consumer technology and e-commerce businesses.
Science Inc. operates with a unique hybrid model, functioning both as a venture studio that builds companies from the ground up and as a venture fund that invests in external early-stage startups. This dual approach allows Jones and his team to be deeply involved in the operational aspects of their portfolio companies, providing hands-on support and strategic guidance. The firm has an impressive track record, having incubated or invested in over 100 companies, including notable successes like Dollar Shave Club, which was acquired by Unilever for a reported $1 billion, and the rapidly growing beverage brand Liquid Death.
As an investor, Michael Jones, through Science Inc., typically targets pre-seed, seed, and early Series A rounds. Their initial capital injections can range significantly, reflecting their diverse investment strategies. For companies they incubate within their studio model, initial commitments might start around $250,000, often combined with extensive operational support. For direct equity investments in external startups, Science Inc.'s first cheques generally fall within the range of $500,000 to $3,000,000, depending on the stage and specific needs of the company. Jones and Science Inc. are known for their long-term view and willingness to provide follow-on funding to support portfolio companies through subsequent growth stages.
Investor Profile
Michael Jones has backed more than 21 startups, with 0 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 8 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Angel, Series A rounds (top funding stages).
- Majority of deals are located in United States.
- Strong thematic focus on E-Commerce, Internet, Mobile.
- Typical check size: $250K – $3M.
Stage Focus
- Seed (52%)
- Angel (33%)
- Series A (10%)
- Pre Seed (5%)
Country Focus
- United States (100%)
Industry Focus
- E-commerce
- Internet
- Mobile
- Social Media
- Digital Media
- Software
- Photography
- Marketing Automation
- Photo Sharing
- Fashion
Frequently Asked Questions
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