Allison Goldberg, managing director and vice-president at Time Warner (TW) Investments, the corporate venturing unit of the US-listed media group, has done more than many to support New York City’s burgeoning venture ecosystem.
She is a director or active observer on the boards of several portfolio companies including Dynamic Signal, which raised $25m last month, Bustle, which raised $15.5m at the end of 2014, Joyus, which raised $24m in June 2015, Mashable, which raised $17m in its B round in 2015, and YieldMo, which raised $10m in October 2014.
Previous investments include Visible World, acquired by Comcast, Adify, later sold to Cox, AdMeld, later sold to Google, Bluefin Labs, later sold to Twitter, Everyday Health, which is public on the stock exchange, MediaVast, later sold to Getty Images and Tremor Video, which is also public.
Rachel Lam, senior vice-president and group managing director at TW Investments, which looks for investment opportunities that directly enhance Time Warner’s ability to meet specific strategic goals, such as the delivery of new services, enhancement of an existing product, entry or expansion into a key strategic market, completion of a strategic partnership, and critical research and development, said for her GCV Rising Stars 2016 nomination that Goldberg had “deep industry knowledge of the digital media sector and made invaluable contributions to the Time Warner Investments team”.
Goldberg joined TW in 2001 after a year as a venture capital associate at Groupe Arnault having jumped from media investment banking at Morgan Stanley in the dot.com years after graduating in economics and finance at Wharton.