David Parento work email
- Valid
- Valid
- Valid
David Parento personal email
David Parento phone numbers
A problem solver at heart, I’m passionate about new business and delivery models that provide better ways for modern learners to pursue critical skills/knowledge to advance their job/career goals and for employers to address talent gaps/worker shortages. I co-founded and built StraighterLine with Burck Smith to tackle one of the primary challenges for many learners - the high cost (and risk) of pursuing a college degree. We sold the business in 2020 to a private equity sponsor, providing venture returns for our investors, and I left the business in 2022 The impetus for StraighterLine was some disruptive ideas Burck had around offering high quality lower division college courses online for a $99 a month subscription that would earn real college credit. As President, I was responsible for strategic execution and day-to-day management of operations, with direct reports incl. our technology, marketing and academic senior leaders, as well as being heavily involved in our strategic relationships. When we launched StraighterLine, it was a “category creator” – nothing in higher education looked or operated like it. We learned how to provide online learning that is dramatically more affordable and effective for learners. At exit, we had developed a unique GTM model focused on B2B institutional partners, employer partners, and B2C subscriptions that produced a Rule of 40% company with $20MM+ ARR and 40k+ unique students a year.Opportunities abound for better ways and ROI for modern learners to pursue their goals – affordable, effective, engaging, learner-centric and mobile… provided within pathways, ladders and lattices (connecting skills to jobs/roles/careers) that can/should simplify and provide needed coherence to reduce unnecessary cognitive load/friction (ie, learning can be hard… make all the rest a lot easier).
Parento Group
-
FounderParento GroupRoss, Ca, Us
-
Senior AdvisorH.I.G. Capital Llc Feb 2023 - PresentH.I.G. Capital is a leading global alternative investment firm with $55 billion of equity capital under management, with a focus on the mid cap segment of the market.I advise the H.I.G. Advantage Fund (the "Fund") on investments within the education and training sectors. The Fund makes control equity investments in more stable, higher quality companies with EBITDA between $25 million and $100 million.
-
FounderParento Group Jan 2023 - PresentHelp companies, start-ups, government bodies, foundations and investors shape the future of workforce/talent development and learning. Draw on operating experience and industry expertise, and an extensive network of experts, to design strategy and drive execution.
-
President And Co-FounderStraighterline Oct 2009 - Jun 2022StraighterLine is a leading innovative edtech business (Fast Company "Ten Most Innovative Companies in Education" (2011)) founded to tackle the high cost (and risk) of pursuing a college degree. Co-founded business with Burck Smith. As President, responsible for strategic execution and day-to-day management of operations and heavily involved in our strategic relationships. Direct reports included technology, marketing and academic senior leaders. When we launched StraighterLine, it was a “category creator” – nothing in higher education looked or operated like it. We learned how to provide online learning that is dramatically more affordable and effective for learners. We built a trusted reputation among colleges and universities that created direct relationships with over 150 regionally accredited institutions, and that launched a strategic partnership with Bright Horizons EdAssist Solutions to create skill/career education pathways (both broad-based and tailored) in the employer channel, including many Fortune 500 company clients. Among other things, SL was the first “non-college” to create guaranteed credit pathways for our own coursework delivered outside the traditional HE system as well as the first to offer our own college credit bearing courses on a monthly subscription model (covering the course library, textbook and materials, live academic and administrative support, success coaching, proctoring and grading).At exit, SL had a unique go to market model focused on B2B institutional partners, employer partners, and B2C subscriptions that produced a highly profitable Rule of 40% company with over $20MM ARR and 40k unique students a year.
-
Investment ProfessionalChrysalis Ventures Aug 2006 - Oct 2009Louisville, Ky, Us$400M venture capital firm based in Louisville, KYAs investment professional, main focus areas included the education and workforce training sectors with particular attention around models with the potential to "move the needle" on quality, affordability and/or access. -
Senior AssociateDavis Polk & Wardwell 1997 - 2005New York, Ny, UsLeading international law firm best known for its global securities practice, large international M&A practice and extensive white collar defense practice.Corporate attorney with practice including M&A and private equity. Assisting with client business problems, identifying and managing business risks, leading transaction teams of legal and outside resources, structuring transactions, negotiating deals, drafting documents and advising on the legal duties and responsibilities of companies, corporate officers, directors and insiders.Representative transactions include - advised the underwriters in connection with PayPal's $81 million IPO; advised The Robert Mondavi Corporation on its $1.36 billion acquisition by Constellation Brands; seconded to Morgan Stanley Capital Partners (MSCP) to serve as internal legal counsel (London 2000).Practiced in Davis Polk's NYC, London and Menlo Park offices.
David Parento Skills
David Parento Education Details
-
Stanford University Graduate School Of BusinessManagement -
Vermont Law And Graduate SchoolLaw
-
Yale UniversityHistory
Frequently Asked Questions about David Parento
What company does David Parento work for?
David Parento works for Parento Group
What is David Parento's role at the current company?
David Parento's current role is Founder.
What is David Parento's email address?
David Parento's email address is da****@****dpw.com
What is David Parento's direct phone number?
David Parento's direct phone number is +125676*****
What schools did David Parento attend?
David Parento attended Stanford University Graduate School Of Business, Vermont Law And Graduate School, Yale University.
What skills is David Parento known for?
David Parento has skills like Start Ups, Venture Capital, Strategy, Management, Strategic Planning, Mergers And Acquisitions, Corporate Development, Marketing, Strategic Partnerships, Entrepreneurship, Due Diligence, Executive Management.
Free Chrome Extension
Find emails, phones & company data instantly
Aero Online
Your AI prospecting assistant
Select data to include:
0 records × $0.02 per record
Download 750 million emails and 100 million phone numbers
Access emails and phone numbers of over 750 million business users. Instantly download verified profiles using 20+ filters, including location, job title, company, function, and industry.
Start your free trial