Primary Role
Founder & CEO at Cake Financial
Tufts University

Person Details


Steven Carpenter is the Founder and CEO of Cake Financial.

Steven has pioneered and managed Internet-based consumer services for more than 10 years. Prior to founding Cake Financial in April of 2006, Steven served as the senior director for strategy and business operations for the $100 million Digital Music Division at RealNetworks, where he managed the day-to-day operations for Rhapsody, the leading music subscription product, as well as the digital download, and advertising-based businesses.

Prior to RealNetworks, Steven was the director of business development at financial services startup myCFO, founded by Jim Clark and backed by Kleiner Perkins. Among his accomplishments at myCFO, he executed the $100 million-plus partnership with CSFB.

Steven graduated cum laude with Highest Thesis Honors from Tufts University and received his MBA from Harvard Business School (HBS), where he wrote RealNetworks: Rhapsody, which was published by HBS Publishing. Steven continues to be a guest lecturer at HBS.

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