Elected in 2015
Resident of New Canaan
Parent: 2019, 2022 and 2025
University of Pennsylvania
Standing Committee: Governance
As a Partner at Venrock in New York, David Pakman focuses on early stage venture investing in internet and digital media companies. His active investments include Dstillery (formerly Media6Degrees), Smartling, Dollar Shave Club, YouNow and Burner. He served on the Board of Crunchyroll (acquired by The Chernin Group) and led Venrock’s investment in Klout, which was acquired by Lithium Technologies. Previously, David was the CEO of eMusic, the world’s leading digital retailer of independent music, second only to iTunes in number of downloads sold. After buying eMusic from Vivendi Universal and under his leadership, the business grew by more than 850%, from $7M in revenues to more than $68M. David transformed the business from an obscure also-ran with 50,000 subscribers to the second largest digital music retailer in the world, with more than 400,000 subscribers and more than 12% market share.
Prior to joining eMusic, David was Co-Founder and President of Business Development and Public Policy at Myplay, Inc., the company he co-founded in 1999 in Redwood City, Calif., that introduced the “digital music locker” and pioneered the locker category. In 2001, Myplay was sold to Bertelsmann’s ecommerce Group. Before Myplay, he was Vice President at N2K Entertainment, which created the first digital music download service. He also was the co-creator of Apple’s Music Group and a product manager at Apple.
David is a graduate of, and a former member of the Board of Overseers, at University of Pennsylvania’s School of Engineering and Applied Science, where he earned a degree in Computer Science Engineering. He serves on the Board of Trustees of ITHAKA, a not-for-profit organization dedicated to helping the academic community take full advantage of rapidly advancing information and networking technologies and holds a board seat with the New York Venture Capital Association. He testified in front of Congress regarding internet webcasting royalty rates in 2012. He also serves on the Board of POTS, a human services non-profit in the Bronx helping low-income families.
Venrock is a premier venture capital firm with offices in Palo Alto, New York and Cambridge, MA. Originally established as the venture capital arm of the Rockefeller family, Venrock continues the eight-decade tradition of partnering with entrepreneurs to establish successful, enduring companies. Having invested $2.5 billion in nearly 450 companies resulting in more than 125 IPOs in 41 years, Venrock’s investment returns place it among the top tier venture capital firms that have achieved consistently superior performance. With a primary focus on technology and healthcare, portfolio companies have included Adify, Adnexus Therapeutics, Apple, athenahealth, Castlight, Centocor, Check Point Software, CloudFlare, DoubleClick, Gilead Sciences, Idec Pharmaceuticals, Illumina, Intel, Ironwood, SlideShare, and Nest. For more information, please visit Venrock’s website atwww.venrock.com.
David blogs at http://www.pakman.com and tweets at@pakman.David is married to Meredith Yoder Pakman (whose sister, Jenny Yoder Schaffer, attended SLS). They have three children - Clara '19, Sam '22 and Eloise '25. David is an active drummer, DJ and songwriter, tennis player, fitness enthusiast, and amateur photographer.