Rick Smith is a Co-Founder and Managing Director of Crosscut Ventures. He has been involved in private equity for over two decades. Prior to co-founding Crosscut, Rick was a managing director at an early-stage venture capital firm based in Santa Monica, California. He joined the firm when it had only one $80 million fund under management, and played an active role in raising and managing two additional funds capitalized at a total of more than $400 million.
Prior to that, he was a managing director at SunAmerica, Inc., where he participated in the acquisitions of a handful of companies that significantly increased the asset base of the company before it was sold for $19 billion. He also co-founded SunAmerica Ventures, a $750 million fund focused on both direct investments and investments in other venture funds.