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BOSTON–TiE Boston, one of the region’s largest and leading organizations supporting the Massachusetts entrepreneurial ecosystem and connecting entrepreneurs, executives and venture capitalists, announced that technology entrepreneur and senior business executive Yash Shah has begun his term as the 13 president of TiE Boston.
Beginning July 1, 2022, Mr. Shah will serve a two-year term during which he plans to strengthen the organization’s outreach to early stage entrepreneurs, emerging entrepreneurs and established entrepreneurs, a 3E plan that will also inspire more engagement from its charter members.
“I am thrilled to have Yash Shah at the helm of TiE Boston,” said TiE Boston Founding President and Philanthropist Desh Deshpande. “He is a seasoned entrepreneur and brings both the historic involvement of the past 25 years to TiE Boston and the vision for the future that is needed for years to come.”
Mr. Shah said he is excited to serve TiE Boston and lay the groundwork for the next 25 years in the rapidly changing technology and business landscape both in Massachusetts and globally.
“As we celebrate TiE Boston’s 25th anniversary this year, we also started thinking about how we can make this organization more relevant to the local entrepreneurial ecosystem for the next 25 years and beyond,” said Mr. Shah. “My immediate goal is to make continued efforts to reach out to like-minded communities in New England and make TiE Boston the go-to resource and networking platform for emerging, established, and future entrepreneurs.”
Mr. Shah replaces former TiE Boston president Anu Chitrapu, whose two-year term expires on June 30, 2022.
“I am thrilled with the selection of Yash Shah as the next president of TiE Boston,” said Ms. Chitrapu. “His vast entrepreneurial and investment experience promises a significant impact on our programs and the entrepreneurial ecosystem.”
Mr. Shah is a serial entrepreneur, angel investor, product advisor and business executive with over 25 years of experience in the IT and software industry. He is also on the advisory boards of several software startups around the world.
“I am honored to have the opportunity to build on the incredible work done by the founders, past presidents and charter members of TiE Boston. The passion for entrepreneurship runs deep within me, as evidenced by my two decades of association with TiE Boston and launching multiple ventures of my own,” Mr. Shah added.
A dynamic and successful entrepreneur, Yash co-founded Jeavio, a venture services firm, and plays an important leadership role in its vision and strategy. He is also the CTO of SevOne, which was recently sold to IBM. Additionally, he is a founding member of the TiE Boston Foundation, an active member of the TiE Boston Angels, and a TiE ScaleUp Mentor.
Josh Rosen, CEO of Partrunner, said: “I am thrilled to have Yash take over the presidency of TiE Boston. He has been a mentor to my company Partrunner since our participation in the TIE Boston ScaleUp program. Yash’s leadership at TiE Boston will be extremely valuable as a catalyst for future entrepreneurs.”
TiE Boston is the second oldest and second largest TiE chapter and currently has approximately 170 charter members in Massachusetts who have founded corporate Boston companies creating over $50 billion in shareholder value and thousands of high-tech jobs. TiE Boston charter membership provides access to TiE’s global network of over 15,000 entrepreneurs, professionals, industry leaders and investors in 64 branches worldwide.
Founded in 1997, TiE Boston connects tomorrow’s founders with today’s entrepreneurs, executives and venture capitalists. Operating for 25 years now, TiE Boston’s unparalleled network of successful, serial entrepreneurs are deeply engaged and dedicated to giving back to the community by providing mentorship, tactical advice and expertise to rising entrepreneurs through signature programs.
TiE Boston Angels provides financing and advice to early-stage companies. Since inception, $18+ million has been invested in 60+ companies, through a network of over 90+ investors. Industries represented include technology, healthcare, cleantech and more.
TiE Boston ScaleUp is an accelerator program that enables Seed to Series A companies to overcome typical barriers to growth by guiding them to optimize their strategic positioning, operations, sales and competitive advantage. Participating startups have access to top Boston mentors who have successfully scaled and exited their own companies. Since its inception, ScaleUp has accelerated 107 startups across 8 cohorts. 63% are women-founded companies and the program has seen 5 exits to date.
TiE young entrepreneurs (TYE) fosters the next generation of leaders through the transformative experience of building a startup. This extracurricular program for exceptional high school students provides participants with essential business and leadership skills to prepare them to succeed in college and beyond. Since its inception, nearly 500 students have successfully completed the program, with 90% reporting that TYE impacted their STEM careers and 40% reporting that they started a company as adults.
Other high-impact initiatives from TiE Boston include TiECON East, the largest entrepreneurship conference on the East Coast, TiE Boston Women and TiE Boston University
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