Eric Budin joined Touchdown Ventures in 2016 and is a Director in the Philadelphia office. Eric is responsible for managing and executing corporate venture capital investments working closely with Touchdown’s corporate partners.
Eric spent the previous 13 years working as an executive at Comcast and Liberty Global, the largest cable companies in the US and Europe, respectively. At both companies, his focus was innovation and finding new business opportunities, as their core markets were reaching saturation. At Comcast, he was VP of Business Development, and spent the latter part of his time there working on developing new businesses. He incubated and helped launch Xfinity Home, Comcast’s home security business, which is projected to be a $1B+ new business for Comcast. He also led the company’s efforts in the IoT, SVOD and video conferencing spaces. In each of these endeavors, he worked closely with Comcast Ventures to identify and invest in VC backed partners.
At Liberty Global, he was VP of Product Strategy and Incubation. He identified and developed the business plan for entering the advanced advertising and data monetization business, which is now a new business unit for the company. In his role, he worked closely with the Liberty Global Ventures group to find relevant early stage companies with which to partner.
Prior to joining Comcast, Eric worked in Silicon Valley for a series of venture backed companies, including more.com which he co-founded. More.com was a top 10 e-commerce company and had filed to go public in 2000, before being sold. More.com was also Eric’s first taste of corporate venturing, as more.com backers included Bergen Brunswig and Phar-mor. Earlier in his career, Eric worked for McKinsey & Co. in New York City.
Eric has a B.A. from The University of Michigan in psychology and economics, with high honors. He also has an M.B.A. from Stanford’s Graduate School of Business. He lives outside Philadelphia with his wife and two daughters.
Favorite team: Michigan Wolverines Football
Favorite player: Chase Utley
Favorite moment: Attending Phillies Roy Halladay’s play-off no-hitter, one of only two post season no-hitters in 100+ years of major league baseball, with my then 8-year old daughter