David Katzman – Managing Partner
David Katzman, is the founder and Managing Partner of Camelot Venture Group. He is the current Chairman and CEO of SmileDirectClub. He also is a member of the Board of Directors for Sharper Image.
For 10 years David Katzman was the Managing Partner of Camelot Ventures before forming Camelot Venture Group in October of 2008. Some of Camelot Ventures’ past and current investments have included contact lens retailing companies Lens 1st, Lens Express and 1-800-Contacts; Kintana, a technology chain automation software developer; RealAge, a medical advocate and permission marketing site with more than 5 million registered and active users; Rawlings Sporting Goods; Red Envelope, a leading online and catalog retailer of stylish gifts; Flashseats, an electronic ticketing company; Fathead a life-size graphic wall imaging company; Cleanrest the leading allergen barrier mattress and pillow encasement company; ePrize, the largest on-line promotions company; Quicken Loans, and the Cleveland Cavaliers.
Quicken Loans, Inc. is the No. 1 online lender and one of the Top 10 mortgage companies in the nation. As the former Vice Chairman of Quicken Loans, in calendar year 2007 it closed $19 billion in home loan volume, weathered the downturn in 2008 and emerged in 2009 with record origination volume. In addition, the company was ranked No. 2 on FORTUNE magazine’s “100 Best Companies to Work For” in America and was recently ranked No. 1 in a listing of the “100 Best Places to Work in Technology” by Computerworld magazine. Quicken Loans employs over 10,000 people in its headquarters in downtown Detroi
As the former Vice Chairman of the National Basketball Association’s Cleveland Cavaliers basketball team and operator of Quicken Loans Arena, Mr. Katzman was responsible for all business operations including sales, marketing, sponsorships as well as all capital improvements into Quicken Loans Arena and the design and construction of the Cleveland Clinic Courts, the new Cavaliers practice facility. Under his leadership, revenues more than doubled during the first four years of ownership.
Fathead LLC, is the leading sports and entertainment life sized wall graphics company. Fathead has exclusive licenses with the NFL, NBA, MLB, and the NHL. Other Fathead licenses include NASCAR, Disney, Star Wars, Marvel and other leading brands. Prior to selling his interests, Mr Katzman was the second largest shareholder and the Managing Operating partner of Fathead.
He began his career by working in various retail positions with chain store experience until he founded DeeKay Enterprises, Inc., in 1987. This was the start of a 10-year run at successfully launching a variety of consumer-oriented companies including a Midwest home decor retail chain, Habitat; the nation’s second largest direct to consumer contact lens company, Lens1st; and the No. 1 direct-to-consumer home-decor company, National Blinds and Wallpaper. In 1997, The Home Depot purchased DeeKay Enterprises and acquired all of the assets to strategically enter the direct-to-consumer marketplace and strengthen its special-order systems in its stores.
After 12 months of passively investing with Camelot Ventures, Katzman resigned from The Home Depot on April 1, 2000, to pursue venture investing and advising full time. As former President of The Home Depot S.O.C., a division of Home Depot USA, which specializes in the processing of special orders for The Home Depot stores nationwide, his responsibilities included developing The Home Depot’s call center strategy for North America, process flow for handling special orders from initial customer contact to vendor payment, and full systems integration between the call centers, the internet, the vendors and the stores. While President of the division, The Home Depot’s overall store sales in North America grew from $20 billion to $40 billion.
David Katzman currently sits on the boards of directors for Sharper Image and Smile Direct Club. He previously served on the board of 1-800-Contacts (NASDAQ – CTAC), the largest direct-to-consumer contact lens company in the world, RealAge.com, a medical advocate and permission marketing site with more than 1.5 million registered and active users, and was the Vice Chairman for Quicken Loans and the Cleveland Cavaliers.
He earned a B.A. in accounting/finance at Michigan State University and attended Detroit College of Law for his graduate work.
He is involved in a number of community organizations including as past Chairperson of HAVEN (Help Eliminate Violent Encounters Now), a non-profit that supports domestic-abuse cases; Honorary Host of ORT, an educational non-profit; and, JARC, a non-profit that serves the developmentally disabled. He also is an active fund raiser for several other non-profit organizations.