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American businessman
- Michael Chasen is an American businessman. He is a co-founder and former CEO of Blackboard Inc., a position he held from 1999 to 2012. In April 2013, Chasen co-founded SocialRadar, a technology startup company developing a location-based social app.
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Michael Chasen is an American businessman. He is a co-founder and former CEO of Blackboard Inc., a position he held from 1999 to 2012. In April 2013, Chasen co-founded SocialRadar, a technology startup company developing a location-based social app.
Michael Chasen is the co-founder and CEO of Class Technologies Inc. Class adds teaching… · Experience: Class · Education: Georgetown University - The McDonough School of Business...
- 500+
- Class
- 5.1K
- His Inspiration to Found Blackboard
- What Got Him to Establish Class Technologies, Inc.
- He Had to Wait to Have One Year Experience Before Quitting
- He Thought The Blackboard Idea Was Original
- He Prefers Hiring People Smarter Than Him
- He Stole Desk Chairs When Leaving KPMG
- His Start in Entrepreneurship
- He Seizes Every Opportunity He Gets
- He Had to Change His Leadership Style For Blackboard to Go Public
- He Prefers Keeping A Low Profile
After graduating with a master’s degree, Chasen got a job as a higher education technology consultant at KPMG Peat Marwick. His colleague, Matthew Pittinsky, was his roommate while in college. Together, they noticed that most learning institutions spent lots of money wiring the dormitories and classrooms for better internet connectivity. Unfortunat...
In his interview with EdTech Digest, Chasen revealed that he noticed the Zoom classes introduced during the pandemic were not interactive for his three children. He said that the children would only have an hour of online class once or twice per week, and the children barely paid attention. Therefore, as education institutions struggled to deliver ...
As much as Chasen was convinced that his idea of changing how learners and teachers use the internet for education purposes was novel, he still had to be realistic. Businesses fail, and he needed to have a fallback plan. When he and Pittinsky got the idea to start their own company, Chasen had two more weeks to go before his first anniversary worki...
Chasen told Eventual Millionairewhen he and Pittinsky co-founded Blackboard, they thought they had created a company based on an original idea. However, a couple of weeks they discovered that WebCT had already started six months before and had reached at least 200 schools. Chasen panicked, fearing that Blackboard had no chance of surviving since We...
Multi-millionaire Russell Simmons once said that we have to surround ourselves with smarter people and those who share the same interests. Chasen follows this advice that is why he told Billion Successthat he can only advise upcoming entrepreneurs to hire people smarter than them. He added that it is easier said than done, but it is necessary becau...
When Chasen and Pittinsky quit their jobs, their boss knew they could not afford computers, so he allowed them to leave with their desktops. However, they were bulky, so the two entrepreneurs opted to strap the desktops into their rolling desk chairs. While the guards were suspicious that the two colleagues had stolen the desktops, they did not bot...
Chasen’s father had a Radio Shack TRS Model III that got young Chasen interested in computers at 10. He hoped that one day he would become the president of a computer company, so he began writing programs on the computer. He became pretty good at it and started charging $25 per hour to write the programs for local businesses within his Cheshire hom...
The ambitious entrepreneur was already tech-savvy when he was in college, so he managed to get a part-time job working for the FBI in the tech support department. His determination to own a computer company saw him get his undergraduate degree in computer science and later on his MBA, by which time he had stopped working for the FBI. However, he st...
Although Chasen and Pittinsky barely had the experience to run a company, they were smart enough to hire an experienced CEO to take the helm until they were ready. As a result, while other companies crashed during the dot-com bubble, Blackboard survived until 2004, when they were prepared to go public. However, the board was worried that Chasen’s h...
Chasen’s net worth is estimated at $50 million. Still, unlike other millionaires who like to buy flashy cars and bulk up their portfolios with real estate, Chasen is only interested in spending time with his family. Therefore, the only pastime activity he indulges in is taking his kids to Potomac in his motorboat. You can also read: 1. 10 Things Yo...
Founder and CEO Michael Chasen experienced firsthand the shortcomings of video conferencing technology during the pandemic as he helped his three children through their remote instruction. Chasen, who also co-founded and served as the CEO of Blackboard, is widely recognized for his leadership and achievements in educational technology.
Michael Chasen is an entrepreneur who is focused on technology, education, and SoLoMo (Social Local Mobile) space. After co-founding Blackboard, Michael led the company as CEO for 15 years and successfully sold it to Providence Equity Partners for $1.7 billion in 2011.
- Male
- Class Technologies, Socialradar
Michael Chasen is an American businessman. He is a co-founder and former CEO of Blackboard Inc., a position he held from 1999 to 2012. In April 2013, Chasen co-founded SocialRadar, a technology startup company developing a location-based social app.
Jun 17, 2022 · Michael Chasen, former CEO and co-founder of Blackboard, saw what his children were experiencing in a ‘Zoom’ world and wanted to find the next in digital learning experiences.
