Rick Patch Email & Phone Number

Denver, Colorado, Us

SpringTime Ventures is a seed-stage venture fund based in Colorado. We invest in technology transforming core industries and founders with deep domain experience. We are investing in the Rockies region and all over the country too!We love startups. We love the grit, passion, & innovation that entrepreneurs bring to the world.Our strategy and awesome current portfolio can be found on our simple website.http://www.springtimeventures.com

Odyssey Partners is an 'umbrella' to provide advice and invest in markets, companies, and people. Rick's desire is to help leaders within these companies to grow healthy teams with focused strategies, smart operations, and appropriate capital thinking. Rick also enjoys making great introductions to these leaders that can make a big impact.Recent projects with the deepest involvement include:☒ Connected Home - Smart Automation, Monitor, Manage, Internet of Things • Climate, Safety, Security, Convenience, Savings • Audio/Visual, Entertainment, Social☒ Boomer (50+) demographic spending changes • Around 110M people in this segment • Wealthiest generation ever; Living Longer, wanting to Live Better☒ Video storytelling that easily combines top music with event photos☒ Digital Marketing - Email, Social, Targeting ☒ Digital Publishing - Education, Gaming☒ Mobile Software Development☒ Attendee at dozens of business accelerators nationally tracking trends and innovation☒ Real Estate - primary owner of highly recognized Lodge; commercial projects☒ Guitar Instruction in Social Settings - Yup, its a cool, growing, real business☒ Leadership - providing guidance and feedback through tricky management, cultural, industry, and personal challenges

Boulder, Co, Us

Internet services company for the retail channel allowing them to deliver the best digital photography ordering system for their consumers to obtain same-day delivery of photo related merchandise. The solution allows retailers to provide a) quick pick-up, b) personal service, and c) no shipping fees, making it a unique and popular alternative to the ‘online ship-to-home’ methods.Accomplishments:• raised over $7 million in venture/angel capital• grew retailers using the platform (e.g., CVS, Office Depot, Mike's Camera) to over 540 unique brands• created the largest network of brands, all delivered from a single technical platform• drove all system and storage scalability for 24x7 delivery of service• grew consuming users from 100's to over 6 million• established meaningful partnership contracts with HP, Kodak, Photobucket and 30+ wholesale product providers• executed mobile photo strategy that included best photo ordering App on Apple, Android, and Windows Mobile• grew yearly revenues meaningfully until economic downturn in 2008 and unexpected bankruptcy of several photo retailers• built one of the best functioning teams and culture through extraordinarily tough times• successfully sold company in 2012 to Taylor Corporation

Rick was a founding partner of Sequel Venture Partners, a Rocky Mountain based venture capital firm specializing in early-stage funding for emerging technology firms. The firm manages more than $410 million in capital with investments focusing on information technology, telecommunication, biotechnology and life sciences. Rick was instrumental in the formation and execution of Sequel’s information technology and internet strategy. In addition, he focused the firm’s community efforts on ensuring Sequel’s exceptional reputation as a nationally recognized top tier investment firm. Rick established himself as a ‘go to’ resource for the companies and boards with which he was involved. He is tough when needed, but a trusted and fair advisor due to his strong operational background and venture experience.Rick invested in and built numerous successful Internet and software companies. Some examples include MatchLogic (acquired by Excite), Dante (acquired by WebMethods), Service Magic (acquired by IAC, renamed to HomeAdvisor), Bid4Vacations (acquired by I.C.E.) and BlueCurve (acquired by Red Hat Inc.). During his venture capital tenure, he invested 10’s of millions of dollars in over 14 portfolio companies which returned very high IRR results for all limited partners. He served on all of those companies board of directors. Rick also invested personally in many other early stage seed projects.

Erie, Co, Us

Rick was responsible for setting up the legal organizational structure of the Association, including the operating agreement which defined specific responsibilities for each board member. The charter of the Association was to make a bigger impact on the growth of early stage businesses and investment opportunities in the region by working closer with Universities, state and local governments, professional service providers, large public and private firms as well as national venture and PE firms. Rick solicited regional VC firms to join the board with this intent.The Association expanded its scope and mission a few years later to include neighboring states and renamed itself the Rocky Mountain Venture Capital Association to recognize its growth to a larger region.One of the main initiatives included the organization and management of conferences that brought promising early-stage companies together with local and national Venture Capital firms.

Rick reported to the SVP of Strategic Planning who reported to the Founder of Sybase, Bob Epstein. In addition to helping with the MDI acquisition (see previous position) and integration, Rick was asked to evaluate various initiatives throughout the entire organization. While the internet was beginning its growth to mainstream usage, Sybase was considered the fastest growing technology company in the world at that point. Rick traveled around the world representing Sybase's strategic plan to customers, prospects and partners.

Rick was a founding member of this enterprise software company which allowed applications on PC’s to easily access information already managed and stored on corporate systems and databases. Rick directed and developed software products that are still considered the best in their class today, and which led to the birth of Enterprise Application Integration (EAI) industry segment. One of the first products Rick developed was licensed directly to Bill Gates and resulted in a relationship that blossomed into a 10 year strategic marketing partnership with Microsoft. Rick served as President from 1990-1993 until the company was acquired by Sybase Inc. in early 1994 where he then served as Vice President of Strategic Relationships at Sybase until founding Sequel Venture Partners. Other positions held prior to President were:* Vice President, Marketing* Vice President, Software Development* Vice President, Business Development & Product PlanningThe sale of MDI to Sybase provided a significant positive return to the venture and angel investors.