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Jason Thanh La

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Jason Thanh La
Born1974
🏡 ResidenceHuntington Beach, California
🎓 Alma mater*Portland State University School of Business (BS)
💼 Occupation
* Founder and CEO of Merchant Service Group LLC
  • Partner and investor at K5 Ventures and Crosscut Ventures
  • Director of the Harvard Business School Association of Orange County

Jason Thanh La is an American entrepreneur,[1] venture capitalist,[2] and CEO and founder of Merchant Service Group LLC,[3] a payment processing company headquartered in Huntington Beach, California.

Entrepreneurship[edit]

As an entrepreneur, Thanh La periodically funds early-stage Southern California tech companies,[4] and he is also a partner with seeding companies Crosscut Ventures and K5 Ventures.

Crosscut Venture's portfolio includes companies such as DermStore.com, which was acquired by Target in August 2013,[5] ShoeDazzle, which Crosscut funded for less than $10 million and now is valued at more than $200 million,[6] and JustFab, which is considered to have $1 billion potential valuation.[7]

Thanh La is also a director with the Harvard Business School Association of Orange County and is the program chair of the 2015 HBSAOC New Venture Program for entrepreneurship.[8]

Career[edit]

In addition to owning Merchant Service Group LLC, Thanh La also leads the company in business strategy and product development. He was named in the 2014 “Forty under 40” list of top young executives, entrepreneurs, and professionals[9] in the OC Register Metro.

Since the company's inception, Merchant Service Group LLC has increased its services nationwide, and in 2014, Thanh La secured an "eight-figure investment[10]” from an acquirer in Woodlands, Texas to expand operations. Prior to establishing Merchant Service Group LLC, Thanh La was a consultant at several Internet start-ups and Fortune 500 companies. He delivered application development and large scale integration projects for clients such as CNF’s Con-way, Emery Worldwide, and DirecTV.

References[edit]

  1. "Crosscut Ventures Network". crosscuteventures.com.
  2. "K5 Venture Partners". k5launch.com.
  3. "BBB Business Review". Better Business Bureau. Retrieved 21 January 2015.
  4. "Orange County Investor Commits $1M To Early Stage Startups". Socaltech.com. Retrieved 20 January 2015.
  5. Stock, Kyle (August 7, 2013). "Target Buys a Weirdly Successful Online Cosmetics Empire". Bloomberg Businessweek. Bloomberg.com.
  6. Carney, Michael (November 1, 2013). "The little VC that could: How Crosscut Ventures turned a measly $5.1M into a killer early stage portfolio". pandodaily.
  7. Chapman, Lizette (August 28, 2014). "JustFab Fitted With $1 Billion Valuation For Fashion E-Commerce". Wall Street Journal. WSJ.D Technology.
  8. "HBSAOC NEW VENTURE PROGRAM 2014-2015". hbsaoc.org. Harvard Business School Association of Orange County. Retrieved 21 January 2015.
  9. Melone, Linda (May 2014). "40 Under Forty". OC Register Metro: 24. Retrieved 20 January 2015.
  10. Yu, Jane (May 19, 2014). "Multilingual Payment Service Draws Backer". Orange County Business Journal. Retrieved 20 January 2015.

External links[edit]

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