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Board of Directors

Matt Blumberg

Co-founder, CEO and Chairman

Matt Blumberg founded Return Path in 1999 because he believed the world needed email to work better. Matt is passionate about enhancing the online relationship between email subscribers and marketers so that both sides of the equation benefit. It is with great pride that he has watched this initial creation grow to a company of more than 400 employees with the market leading brand, innovative products, and the email industry’s most renowned experts. Before Return Path, Matt ran marketing, product management, and the internet group for MovieFone, Inc. (later acquired by AOL). Prior to that he served as an associate with private equity firm General Atlantic Partners and was a consultant with Mercer Management Consulting. He holds a B.A. from Princeton University. You can learn much more about Matt by reading his email marketing and entrepreneurship blog Only Once – one of the first CEO blogs on the Internet. Last year he wrote a book, Startup CEO: A Field Guide to Scaling Up Your Business.

Jeff Epstein

Partner, Bessemer Venture Partners & Senior Advisor, Oak Hill Capital

Jeff Epstein is the former Executive Vice President and Chief Financial Officer of Oracle, one of the world’s largest and most profitable technology companies, with a market value of over $150 billion. He is a member of the Board of Directors of, where he serves on the Audit and Compensation Committees, the boards of Kaiser Permanente and Shutterstock, and a member of the Management Board of the Stanford Graduate School of Business. Previously, Mr. Epstein was Chief Financial Officer of several public and private companies, including DoubleClick (sold to Google), King World Productions (sold to CBS), Advo (sold to Valassis), and Nielsen’s Media Measurement and Information Group. Earlier in his career, he was a merger and acquisition investment banker at The First Boston Corporation. He has an MBA from the Stanford Graduate School of Business, where he was an Arjay Miller Scholar, and a BA from Yale College, where he graduated summa cum laude, Phi Beta Kappa.

Scott Petry

CEO, Authentic8

Scott Petry is currently the CEO at Authentic8, which develops a Disposable Browser, a service designed to insulate users’ computers from all forms of web-borne threats. Prior to Authentic8, Scott was the product management director at Google Postini, the leading enterprise-level email security and compliance service. Mr. Petry founded Postini in 1999 and continued in leadership roles in the company through its acquisition by Google in 2007 for $625 million. Early clients of Postini included Merrill Lynch, Circuit City, and Hormel Foods — the company that makes the canned meat product known as Spam. Mr. Petry began his career at Apple in the product management group where he worked on the Newton project. He was also a US national team rower and won a bronze medal in the 1987 world championships.

Greg Sands

Founder and Managing Partner, Costanoa Ventures

Greg Sands is Founder and Managing Partner of Costanoa Ventures, an early stage venture capital focused on helping great entrepreneurs build real companies that solve real problems. Prior to forming the firm, he was a Managing Director for 13 years at Sutter Hill Ventures, where he was an early investor in important companies such as Merced Systems, QuinStreet, Feedburner, AllBusiness, Return Path, and Youku. Before joining Sutter Hill, Greg was the first hire at Netscape Communications after its founding engineering team. He was its first Product Manager, wrote the initial business plan, came up with the name Netscape, and created the SuiteSpot Business Unit, which he grew from zero to $150m in revenue. He also served as Manager of Business Development at Cisco where he architected a global channel management plan. Most importantly, Greg has a long-standing love of entrepreneurs and start ups. He began investing in and advising starts ups in 1991 as a consultant at Corporate Decisions, Inc. (now Mercer Consulting) where he led case teams to write business plans and develop market entry strategies for technology companies. While a student at Stanford Graduate School of Business, he co-founded a micro-enterprise program in East Palo Alto to help entrepreneurs with limited access to resources start businesses of their own. Costanoa is the embodiment of this lifelong passion, combining his dedication to helping entrepreneurs with the opportunity to build his own firm. Greg has an MBA from Stanford Graduate School of Business and graduated from Harvard College Magna Cum Laude.  He currently serves as President of the Stanford DAPER (Athletics Department) Investment Fund, is Former President of the Western Association of Venture Capitalists and served as a Trustee of the Stanford Business School Trust and Chair of its Venture Capital committee. Greg currently serves on the boards of DemandBase, Guardian Analytics, Inflection, Intacct, LinkSmart, Return Path, and QuinStreet.

Fred Wilson

Managing Partner, Union Square Ventures

Fred Wilson is a founder and Managing Partner of Union Square Ventures. Fred began his career in venture capital in 1987 and he has focused exclusively on information technology investments for the past 16 years. From 1987 to 1996, Fred was first an Associate and then a General Partner at Euclid Partners, an early stage venture capital firm located in New York City. In 1996, Fred co-founded Flatiron Partners. Fred was the Managing Partner of Flatiron Partners and was responsible for securing $150 million of initial capital commitments from Chase Capital Partners (now JP Morgan Partners) and SOFTBANK. He built the investment team, which grew to 10 investment professionals, and managed the creation of a $570 million portfolio. Fred has a bachelor’s degree in Mechanical Engineering from MIT and an MBA from The Wharton School of Business at the University of Pennsylvania. Fred has been a guest lecturer at The Stern School of Business at NYU and is active on a number of community and non-profit boards.

Brad Feld

Managing Director, Mobius Venture Capital and Foundry Group

Brad Feld has been an early stage investor and entrepreneur for over twenty years. Prior to co-founding Foundry Group, he co-founded Mobius Venture Capital and, prior to that, founded Intensity Ventures, a company that helped launch and operate software companies and later became a venture affiliate of the predecessor to Mobius Venture Capital. Brad currently serves on the board of directors of Gnip, Oblong, Standing Cloud, and Zynga for Foundry Group. Previously, Brad served as chief technology officer of AmeriData Technologies. AmeriData acquired Feld Technologies, a firm he founded in 1987 that specialized in custom software applications. Brad had grown Feld Technologies into one of Boston’s leading software consulting firms prior to the acquisition. He also directed the diversification into software consulting at AmeriData, a $1.5 billion publicly-traded company which was acquired by GE Capital in 1995.


Get to Know Return Path

With over 500 employees, 12 global offices, and 19 years of experience, we are the world’s leading email data solutions provider.

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