"Venture capital is not about doing deals. Money should be the least important thing a venture capitalist brings to the table, and, if an entrepreneur is only focused on the money, they may get it, but fail along the way to bring on board the experience and wisdom to help them build a strong business."
John Backus
Founder and Managing Partner
John is a seasoned technology investor and entrepreneur with over 16 years of experience investing in and managing rapidly growing, high-technology companies. Prior to founding New Atlantic, John was a founding investor and the President and Chief Executive Officer of InteliData Technologies, leading InteliData's predecessor, US Order, through a successful $65 million IPO in 1995. John has negotiated dozens of merger, acquisition, divestiture, venture investment, and corporate finance transactions and currently manages a $142MM venture portfolio at New Atlantic. He currently serves on the board of directors of FTRANS & RemitPro. He is also the past Chairman of the Northern Virginia Technology Council, and was appointed by former Virginia Governor Mark Warner to co-chair the Virginia Research and Technology Advisory Commission (VRTAC).
Education
Stanford University, B.A., Economics
Stanford University Graduate School of Business, M.B.A.
Portfolio Involvement
