Jim Cramer, a co-founder of TheStreet.com and host of “Mad Money” on CNBC, has stepped down as chairman of the board of the financial news site’s parent company.
Marshall is general partner at Technology Crossover Ventures, a private equity and venture capital firm with $7.7 billion under management focused on information technology companies. Prior to joining TCV in 2008, he spent 12 years at Trident Capital, a leading venture capital and private equity firm focused on the software, business services and Internet markets.
In a statement, Cramer said, “I am thrilled to be handing this post to Woody, who knows our business well, and I am confident will make an outstanding chairperson.”
Palo Alto, Calif.-based Technology Crossover Ventures invested in TheStreet.com in 2007. According to the company’s most-recent proxy statement, Marshall has been a director of TheStreet.com since August 2009.
Technology Crossover Ventures owns more than 5 million shares, or 15.9 percent, of TheStreet.com, making it the company’s largest investor. Cramer is the second-largest investor, with 4 million shares, or 12.8 percent.
CNBC Make It reporter Ashton Jackson writes about ways to make financial news more accessible to consumers.…
The Society for Advancing Business Editing and Writing announced Wednesday the winners and finalists for…
Business professionals are turning away from traditional business media sources such as newspapers, magazines and…
WIRED seeks a reporter to cover tech companies and their influence, with a particular focus…
Karoline Leonard has been hired by the Austin American-Statesman as a technology reporter. Leonard graduated from…
Wall Street Journal reporter Melanie Evans has left the news organization for Tradeoffs, a nonprofit news organization…
