Tom believes that open source, decentralized networks and blockchains are the best technologies to drive interoperability and innovation; combating corruption, giving everyone a voice, and providing more trustworthy governance. Tom believes that implementing these technologies will make our systems more efficient, transparent and innovative, enabling us to address the challenges of entrenched monopolies, reduced accountability, unrepresentative governance and climate change.
Tom is a co-founder of Fluence Labs which has developed and launched a peer-to-peer compute protocol that allows the creation of applications free of proprietary cloud providers or centralized APIs. Applications can share data for easy integration enabling developers to reuse components and build on each other with confidence that access cannot be disabled.
Fluence’s programming language Aqua simplifies building and composing p2p applications, protocols, and workflows. Providing incentives is an economic layer where developers share in hosting revenue when their code is used, further driving the creation of tools needed to build rich applications. We believe that freeing applications from propriety platforms and enabling the distribution of value to authors will unleash the global developer community, driving a wave of innovation and greatly improving our world.
Tom built and led Hedera as president from inception. Hedera is the only enterprise grade public ledger designed for and governed by enterprises and suitable for mission critical applications. Tom drove the business from concept to mainnet launch with a $6 billion valuation, a global team in eight countries, over 500 companies building and testing the network and a groundbreaking corporate governance council. He led the structuring, formation and recruitment of the initial governing council of Fortune 100 global companies including Google, LG, IBM, Deutsche Telekom, Nomura, DLA Piper and Tata, ran the $124mm fundraise including a $20mm crowd sale, initiated discussions with three US regulatory bodies, led the listing process with top global exchanges and was the principal public face of the firm, speaking at over twenty conferences.
Tom has a BA from Yale University and an MBA from Columbia University with honors (Beta Gamma Sigma). He has been advising technology companies since 1996 when he started his career as an investment banker in the telecom group of Bear, Stearns & Co. He began investing in early stage companies in 1998 as a member of the Private Equity and Venture Capital firm, Alta Communications. Over four years he executed ten deals in technology, telecom and media and served on multiple boards. Tom spent nearly four years at Goldman Sachs and left to build businesses; first at Atticus Capital and then at Lombard Odier. Before joining Hedera, Tom started and ran the New York office for UK-based Odey Asset Management.
Tom is focused on launching Fluence Labs and driving both adoption and awareness of the huge potential for this technology and its importance in the next wave of internet innovation. He regularly speaks at conferences and advises break-through projects that have leading technology, a passionate team and solve an important problem.
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