Prior to August Capital, Marquardt was a co-founder of Technology Venture Investors (TVI) in 1980 where he was involved in four highly successful funds that invested in more than 100 start-up and emerging growth companies. Among these early investments was Microsoft, where TVI was the sole investor and where Marquardt served on the board of directors from 1981 until 2014. However, Microsoft did not need the venture capital investment and took on TVI in preparation for going public. Marquardt has been involved in every phase of the entrepreneurial process from seed investments to classic venture financings, mergers & acquisitions, public offerings and restructuring & privatizations. Marquardt began his venture career at Institutional Venture Associates, where he spent a year after graduating from business school. Previously, he was a design engineer and development manager at Diablo Systems (acquired by
Xerox) where he collaborated on and/or led various disk drive and printer programs. ==References==