Stuart Goldfarb is cofounder of M7 Tech Partners, LLC, which he formed with Carmelo Anthony to invest in and develop opportunities primarily in digital media, consumer internet and early stage technology ventures.
Since 2010, Goldfarb has been Partner in Unbound Partners, LLC, which provides management and direct marketing consulting services to a wide range of clients including leading e-commerce and media companies, educational institutions and private equity firms.
From 2001 to 2010, Stuart Goldfarb was President and CEO of Bertelsmann Direct North America (now known as Direct Brands, Inc.), which he built into the world's largest direct marketer of music, DVDs and books (Columbia House, Book-of-the-Month Club, Doubleday Book Club, BMG Music Service, etc.- over 20 subscription and membership club businesses), with 14 million members, revenues of over $1.5 billion, and 2,300 employees, through acquisition, successful efficient consolidation of operations and introduction of new direct marketing practices to revitalize legacy businesses. These businesses shipped over 100 million packages per year to customers from highly efficient distribution facilities and profitably acquired millions of new members annually.
Earlier in his career with Bertelsmann, Goldfarb was responsible for the Bertelsmann eCommerce Group, cdnow.com (then largest online retailer of music) and bol.com (online retailer of books and music doing business in 14 European and 4 Asian countries). He was a member of the Executive Board of Bertelsmann Direct Group and recipient of the first Bertelsmann Award for Outstanding Entrepreneurial Achievements.
Before joining Bertelsmann, Goldfarb was Vice Chairman of ValueVision Media Inc., a cable television home shopping and e-commerce company that was principally owned by NBC.
Prior to this, Goldfarb held a number of executive positions with NBC, including Executive Vice President, Worldwide Business Development. He was the principal architect of NBC's strategic alliances with Dow Jones, National Geographic, ValueVision and Polo Ralph Lauren. He served as Co-Chairman of National Geographic Channels (a joint venture with National Geographic Television) and on the Boards of Ralph Lauren Media (polo.com) and CNBC Europe and Asia.
Earlier in his career, Goldfarb provided strategic and operational consulting services to U.S. clients such as NBC, Capital Cities/ABC, ESPN and Indian clients such as ZEE TV and Modi Enterprises.
Mr. Goldfarb was the co-founder of a successful cable television system operator and was responsible for the legal affairs of the cable television division of Capital Cities Communications, Inc. He began his career as an attorney in the field of communications law.
Stuart Goldfarb is on the Board of Directors of WWE, Inc. (NYSE:WWE), an integrated media organization and recognized leader in global entertainment. The company consists of a portfolio of businesses that create and deliver original content 52 weeks a year to a global audience. WWE programming is broadcast in more than 145 countries and 30 languages and reaches more than 500 million homes worldwide.
Stuart Goldfarb is also on the Board of Directors of Vitacost.com (NASDAQ:VITC), a leading online retailer and direct marketer of health and wellness products (incuding vitamins, minerals, herbs, etc.) as well as cosmetics, organic body products, sports nutrition and health foods.
Stuart Goldfarb is also on the Board of Advisors of BeachMint, a next generation eCommerce company based in Santa Monica, CA. BeachMint is a venture backed e-commerce company for designer-curated direct to consumer sites, founded by serial tech entrepreneurs, Josh Berman (Co-Founder MySpace) and Diego Berdakin. BeachMint launched their first brand, JewelMint.com, with Kate Bosworth in October, 2010, StyleMint.com with Mary-Kate Olsen and Ashley Olsen in July, 2011, BeautyMint.com with Jessica Simpson in October, 2011, and ShoeMint with Rachel Bilson in November, 2011. It is backed by New Enterprise Associates (NEA), Anthem Ventures, Trinity Ventures and Stanford University.
Stuart Goldfarb is also an Advisor to Compass Labs, a pioneer in developing technology to extract insights and value from public social content, with patent-pending artificial intelligence and predictive analytics algorithms and techniques. Compass Labs was founded in 2009 by industry veterans and scientists. Investors include New Enterprise Associates (NEA), Triple Point Capital, Jim Clark and others.
Co-founder and Partner
Jan, 2009 - Jan, 2012
President and CEO, Bertelsmann Direct N.A.
2001 - Jan, 2009
President and CEO
2000 - Jan, 2001
Executive Vice President, Worldwide Business Development
1995 - Jan, 1999