Bill McGlashan is a founder and was the initial-CEO of The Rise Fund, a social impact fund he co-founded with Bono and Jeffrey Skoll.
18 Facts About Bill McGlashan
2.
Bill McGlashan is a co-founder and a former board member of STX Entertainment, an American film and television studio launched in 2014 with Robert Simonds, and a cofounder and director of Evolution Media Capital.
3.
Bill McGlashan was arrested on March 12,2019, after being caught on FBI audio recordings, for participating in a college admissions bribery scandal.
4.
Bill McGlashan pled guilty in February 2021 to paying William "Rick" Singer to fix his son's test score.
5.
In May 2021, Bill McGlashan was ordered to undergo a sentence which includes three months in prison and a $250,000 fine.
6.
Bill McGlashan joined the email service company in April 2001, three months into an accounting scandal that caused Critical Path's stock to drop 75 percent, prompted two dozen shareholder lawsuits, and resulted in criminal charges against four executives.
7.
Bill McGlashan was credited with keeping Critical Path out of bankruptcy, eliminating 87 percent of its debt, and settling the lawsuits within three months for $17.5 million, compared to the potential claim total of $240 million and delaying its NASDAQ delisting until shortly after his departure for failing to meet the minimum $15 million market capitalization requirement.
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Jeffrey Skoll 8.
Previously, Bill McGlashan co-founded and was CEO of Vectis Group, a venture capital firm that invested in emerging markets.
9.
Bill McGlashan was active on a number of boards, including Fender Musical Instruments Corporation.
10.
Bill McGlashan has been a board member at Survey Monkey, SuccessFactors, Schiff Nutrition International, AgraQuest, and WIL Research Laboratories.
11.
Bill McGlashan is the founder of The Rise Fund, a social impact fund started by TPG Growth in partnership with Elevar Equity.
12.
Shortly before it launched, The Rise Fund scored a major investment from U2 lead singer Bono, who would become Bill McGlashan's Rise Fund business partner.
13.
Bill McGlashan was fired from his job at TPG after his arrest in the college admissions scandal was revealed.
14.
In 2013, Bill McGlashan relocated temporarily with his family to Mumbai, India, to manage investments in India and Asia.
15.
On February 10,2021, Bill McGlashan pled guilty to one count of wire fraud which involved paying Singer $50,000 to boost his son's test scores.
16.
Bill McGlashan was sentenced to three months in prison and was ordered to pay a $250,000 fine.
17.
Bill McGlashan is married to Marie Rasic Bill McGlashan; together they have three children.
18.
Bill McGlashan is the nephew of the former Marin County supervisor Charles McGlashan, who died in 2011.