Scott Banister

Scott Banister

San Francisco, California, United States
Accredited investor
Member since April 30, 2008
  • About
Investor interests
Categories of interest
Credentials Accredited Investor
Investments made Uber,, Readyforce, SpaceX, Tagged, Inc., EQAL, Pocket Change, Whitetruffle, TekTrak, Addvocate, MightyText, 9GAG, Tout, LiveOps, Slide, Powerset, PayPal, Causes, Practice Fusion, Upstart Network, Zivity, WideOrbit Inc., iLike, Edusoft, Ostrovok, DuckDuckGo, Mimoco, OtherInbox, Rapportive, ecomon, LegalReach, NoteWagon, Thinkfuse, vidIQ, Breezy, Ekso Bionics, TenderTree, Instacanvas, Hot Potato, Topsy, Bridge International Academies, Parakweet, Moon Express, Agari, OnTheAir, Mykonos Software, Coursemodo, Wemo Media

Full bio

Scott built his career by identifying new markets and shaping innovative products for them. In 1995, he identified search engines as a significant advertising medium and invented the first products to automate marketing across multiple search engines, ultimately creating the bid-for-placement business model used by GoTo/Overture (and now Google AdWords) and serving as VP Ideas at GoTo-incubator Idealab. As an initial investor and Director at PayPal, he was a co-inventor of the ‘email payments’ product now widely used on eBay. In 2000, Scott saw opportunity in the unbounded growth of email traffic, co-founding IronPort Systems and serving as CTO. Now the market leader in anti-spam technology, IronPort was acquired by Cisco Systems for $830 million in 2007.

Angel investments and exits:

Readyforce (funded)
SpaceX (funded)
Uber (funded)
Ostrovok (funded)
Zappos (acquired by Amazon $1.2B)
Tagged (funded)
DuckDuckGo (funded)
EQAL (acquired by Everyday Health)
Facebook (IPO)
Mimoco (funded)
Pocket Change (funded)
Wavii (funded)
Captricity (funded)
UsingMiles (funded)
Remind101 (funded)
Postmates (funded)
Thumbtack (funded)
OtherInbox (acquired by Return Path)
Rapportive (acquired by LinkedIn $15M)
ecomom (funded)
LegalReach (funded)
NoteWagon (funded)
Whitetruffle (funded)
TekTrak (funded)
Thinkfuse (acquired by Salesforce)
vidIQ (funded)
Breezy (funded)
Ekso Bionics (funded)
TenderTree (funded)
addvocate (funded)
MightyText (funded)
Instacanvas (funded)
9GAG (funded)
Hot Potato (acquired by Facebook $10M)
Tout (funded)
LiveOps (funded)
Slide (acquired by Google $182M)
PowerSet (acquired by Microsoft $100M)
PayPal (acquired by eBay $1.5B)
Topsy (funded)
Causes (funded)
Practice Fusion (funded)
Upstart Network (funded)
Zivity (funded)
WideOrbit (funded)
iLike (acquired by MySpace $20M)
Edusoft (acquired by Educational Testing Service ETS)
Bridge International Academies (funded)
Parakweet (funded)
Moon Express (funded)
Agari (funded)
OnTheAir (acquired by Yahoo!)
Mykonos Software (acquired by Juniper Networks $80M)
Coursemodo (funded)
Wemo Media (funded)