Michael Jones (born August 13, 1975) is an American entrepreneur, investor and CEO of Science Inc.[1][2] Jones attended Lake Oswego High School and has a bachelor of arts in international business and marketing from the University of Oregon, where he was named Student Entrepreneur of the Year in 1997.
[7] In 2010, Jones was hired as the CEO of Myspace where he was tasked with the company’s relaunch, one of the more high-profile turn-around challenges in the industry.
[8] This included stabilizing a historically negative traffic and user trend, reducing the operational cost of the business by nearly 90 percent, and pivoting the product from its legacy as a social network to a social entertainment destination,[9] then selling the business on News Corp’s behalf to SpecificMedia.
[14] In 2011, Dollar Shave Club launched with investments from Science Inc. Science was Dollar Shave Club’s first investor, before the startup raised a $1 million seed round in March 2012.
[27] The offering falls within U.S. Securities and Exchange Commission (SEC) private placement exemptions from registration under Regulation D (SEC) and Regulation S.[25] The ICO only allows accredited investors to buy tokens in the ICO.