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Jason Goldsmith

3x Entrepreneur and Digital Performance Marketing Pioneer

Jason Goldsmith is a seasoned entrepreneur and digital performance marketing expert, currently serving as the CEO and Managing Partner at B'More Venture Studio. He has a notable track record as a three-time founder and CEO, with a strong focus on leveraging data analytics in the entertainment and marketing sectors.

Professional Background

  • B'More Venture Studio: As CEO, Goldsmith is involved in raising funds and supporting startup businesses within the Baltimore area, emphasizing innovative approaches to entrepreneurship.32

  • Red Tower Entertainment: He co-founded this next-generation entertainment network in 2023, which utilizes advanced media analytics to create engaging content tailored to audience preferences.1

  • CARCHEX: Prior to his current role, Goldsmith co-founded CARCHEX in 2003, a company that became a leader in the automotive protection industry, providing vehicle protection plans directly to consumers. He led CARCHEX until September 2022.13

  • Goldsmith Consulting: He also runs a consulting firm focused on various strategic services, including capital raising and performance marketing.1

Education and Affiliations

Goldsmith is an alumnus of Towson University and has been actively involved in various leadership roles, including serving on the Dean’s Advisory Council for the College of Liberal Arts at Towson.1 He is also a member of YPO, a global leadership community for chief executives.1

With over 25 years of experience in entrepreneurship and marketing, Goldsmith is recognized for his innovative strategies and contributions to the business landscape in the Washington DC-Baltimore area.

Highlights

Apr 30 · linkedin

It's been an exciting few days since announcing the launch of B'More Venture Studio. I appreciate all of you who have reached out to me in support of BVS. The BBJ also gave us a little love today!

https://lnkd.in/e_tYRf6c

Want to learn more about BVS - or even get involved? That’s easy. Just reach out to me via LinkedIn to set up a time to connect.

Apr 24 · linkedin

It's been one year since I announced the founding of my first new business, Red Tower Entertainment, post exit from CARCHEX. Since then, I've been immersed in the work and am now excited to share more about my next chapter. Adding to Red Tower, I've launched two more startups: an Amazon FBA business, B'More Brands, and a performance-based digital agency, AdProdigi.

To provide the necessary support and horsepower to bring multiple new ventures to market at once, I founded a Venture Studio, aptly named B’More Venture Studio. I chose the studio model because I am convinced it is the most effective way to manage a multi-venture buildout. Studios start with a specific thesis and then create multiple ventures to support it. The foundation is a core group of subject matter experts who provide early-stage founding teams with exceptional support, which they would rarely receive in a standalone startup. These teams empower entrepreneurs to build rapidly without excessive investments. Most importantly, venture studios create value faster: studio-born startups prove their product-market fit, secure funding, and typically exit two-to-three times faster than traditional startups.

Our model, however, differs slightly from the traditional studio model. BVS is a cash-flow-focused studio backed by a small fund does not charge fees or carried interest. The GPs in our fund invest their own capital and time first to validate each business model, recruit exceptional management teams, and de-risk each business before deploying any of our LPs’ capital from the Studio Fund. We’re focused on generating returns early and often - each of our ventures targets positive cash flow within 18 months and a $2M EBITDA target within 36 months. All three of our first cohort businesses are well ahead of these targets and the fundraise is well underway with a strong response from LP’s.

To build the best venture studio possible, I've partnered with the 9point8 Collective. 9point8 is a consulting and investment group specializing in the launch and management of venture studios; their principals bring incredible expertise and operational range to BVS. I've known JT Benton for over 15 years—he is an entrepreneur and go-to-market leader with strong ties to Baltimore's advertising technology community. Neal Ghosh is a Ph.D. economist and venture builder who has built and led multiple studio buildouts, including co-founding a studio-inspired innovation lab at Amazon. Evan Allen is an operator, team builder, and project leader with a deeply analytical background, having planned and launched companies in a range of verticals. Blair Merlino is an Army veteran and operations expert whose core expertise is in critical path planning and team creation. He has built and led teams in the Army, at Deloitte, and in venture capital studios.

Want to learn more - or even get involved? That’s easy. Just reach out to me via LinkedIn or email me at [email protected] to set up a time to connect.

Related Questions

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Jason Goldsmith
Jason Goldsmith, photo 1
Jason Goldsmith, photo 2
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Experience

Co-Founder & CEO at Red Tower Entertainment (Feb 2023 - Present)
Advisor & Investor at AlgoFace (Jan 2023 - Present), Founder & Principal Consultant at Goldsmith Consulting (Oct 2022 - Present), Co-Founder, Chairman and CEO at CARCHEX (Apr 2003 - Sep 2022), Co-Foun at GoldNet Marketing, Inc. (Jan 1998 - Dec 2000)

Education

BA, Psychology from Towson University (1996 - 1997), Psychology from West Virginia University (1993 - 1996)

Location

Washington DC-Baltimore Area