Jay N. Goldberg

Purchaser of Money Management Systems, Inc. (MMS) in 1986, Goldberg acquired the firm — which sold software and services to banks and broker-dealers for securities trading activities — from Ziff-Davis, later selling it to Sungard Inc. in 1989.

Born in Brooklyn, New York in 1941, Goldberg's father passed away in 1942. His mother remarried in 1946 and his family moved to the Bronx. In 1955 he began attending the Bronx High School of Science and was there until 1958. This experience gave him an interest in math, science and technology. From there he went to the University of Michigan at the age of 17. Unfortunately, he was only there for a year and a half and was asked to leave.

In 1961 he returned to New York and attended NYU summer school. He got married and dropped out of school and began working at the Bulova Watch Company doing market research. Bulova purchased a 1401 computer and Goldberg became interested in that. He approached the head of what they called the IBM Department and asked how he could become involved with this computer. He was given the classic IBM Programmer Aptitude Test, on which he did very well and was told he could get a job working there.

Instead he decided that if he was going to be in that business, there was only one company to work for, and that was IBM. He went to IBM's World Headquarters in New York City, but the work he was interested in doing was done in White Plains, and he didn't have transportation. So he decided to take what kind of work he could get in New York City. He secured a job as a second shift tab operator trainee, operating tabulating equipment.

He rapidly moved from second shift tab operator trainee to first shift tab operator, and then got transferred in 1962 to New Jersey, where he worked at what was then Supplies Division Headquarters and became a computer operator, running 1401 computers. Then Goldberg became a programmer and was sent to programming school. In 1963 he became a programmer at Supplies Division Headquarters, with the official title of Senior Programming Technician. The highest programmer title one could have was Senior Programmer, but that required a college degree.

After he was transferred to New Jersey, he began attending night school, but was then transferred to Armonk, N.Y. He eventually graduated with a B.A. degree from New York University in 1978 with honors. He has served on the board of the NYU Faculty of Arts and Sciences.

From 1968 to 1985, Goldberg served as Chairman and CEO of Software Design Associates, a systems development firm that grew to 600 people, which was sold to AGS Computers Inc. Also in 1989, he founded Zeitech, Inc., a company which provided computer implementation professionals through its five national offices. Under his direction, Zeitech appeared twice on Inc. Magazine's 500 List of America's fastest growing companies and was sold in January 1996 to Career Horizons, Inc. From 1990 through 1994, Goldberg served as Chairman and CEO of Image Business Systems Corp., a company that provided document management and workflow software.

He has been a founder and General Partner of Hudson Ventures from 1996. He has previously served on the boards of many of Hudson's portfolio companies, and managed Hudson's investment in Bigfoot Interactive, prior to its sale to Alliance Data Systems. He has also served on the board of Hudson's portfolio company, QualityHealth.

Goldberg founded OPCENTER, LLC, a privately held company that provided help desk and computer operations services, and founded and chaired Lexstra PLC, a London-based consulting company. He has served as a member of the Board of Overseers of the Albert Einstein College of Medicine and as a Trustee of the Arbitrage Fund and the Faculty of Arts and Sciences of New York University. He has served on the Board of Trustees of the Montefiore Medical Center and as past Chairman of the Diabetes Research Institute Foundation. He has also served as a Trustee of the Charles Babbage Foundation, and as former Treasurer and member of the Board of Governors of the Hebrew University of Jerusalem. Goldberg resides in New York City with his family.