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 senior vice president Dan Colarusso sent out the following on Monday: Before this year comes to…
Business Insider editor in chief Jamie Heller sent out the following on Monday: I'm excited to share…
Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where…
Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…
Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…
The Financial Times has hired Barbara Moens to cover competition and tech in Brussels. She will start…
