The Nickel Ride, a free on-demand electric rideshare company, today announced the appointment of newest advisor and investor, Mike Walsh, as an early stage investor known for investing in companies like Uber, Salesforce.com WAG, Carta, and currently serves as Managing Partner at Structure Capital.
Mike has designed missile defense systems, designed and sold air and water pollution control systems, and was an early angel investor in Salesforce.com. After a decade of software sales and sales management, Mike successfully founded and sold an enterprise social networking company while attending business school at Haas and Columbia University. Following the sale of Leverage, Mike focused his efforts on investing and was a first-round investor in Uber. Leveraging his early investment success and love for helping early-stage companies, Mike launched Structure Capital in June of 2013 and invested in 50 leading companies during the first year of business.
“My current investment thesis addresses these two things -– the sharing of goods and services, and putting people who wish to work, to work. It’s frankly the right thing to do. It’s good for the environment, it’s good for the community, and it’s very, very good for the pocketbook. The startup companies that can capitalize on these themes are and will continue to make huge profits.” said Mike Walsh.
“I couldn’t be more excited to have Mike join as an Investor and Advisor to the company,” said Judah Longgrear, Founder & CEO, The Nickel Ride. “Mike’s track record speaks for itself and there couldn’t be a better fit between his thesis and what we are building at The Nickel Ride.”
As The Nickel Ride continues to raise $3 million in seed capital to expand its free rideshare service to high-density communities throughout the country, adding members with Mike Walsh’s caliber is a critical component to its growth plans.
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