Marco Bitran
Boston Entrepreneur
Meet Marco Bitran
Marco Bitran, born in Brazil, is married to Devorah Bitran. Devorah and Marco have two young children named Isaac and Dalia, and currently live in the Boston area.
Massachusetts Institute of Technology
GPA: 5.0 / 5.0
- Science degree in Electrical Engineering, with a minor in Economics. Selected to Eta Kappa Nu, Tau Beta Pi and Sigma Xi National Honor Societies.
Harvard Business School
- Master in Business Administration degree, June 2003. Awarded First Year Honors.
- An entrepreneur who has started different businesses in technology, finance and real estate fields.
Marco Bitran Achievements
- Top50music.com
Top50Music was an early innovator in providing online music streaming services over the Internet.
- AI Exchange, Inc.
In 2011, Marco Bitran, along with two business partners, founded AI Exchange, Inc. in Boston. Massachusetts. Bitran was able to raise $1.5 million in startup capital from several of the industry’s top investment funds, including Common Angels, Founder Collective, General Catalyst, and LaunchCapital. The company, with Marco as the Chief Executive Officer, aims to bring liquidity and transparency to investment clients and advisers. In his position as CEO, Marco designed technology that have advisers the ability to access alternative investment strategies.AI Exchange was founded to improve transparency for clients in alternative investments. The company developed a cloud-based technology which allowed clients to view their investments in real-time. Clients using the AI Exchange platform kept custody of their assets and were able to invest at any minimum level. See more at: https://www.crunchbase.com/organization/ai-exchange#sthash.WL7d7KfO.dpuf
- QUALCOMM
Designed voice-processing algorithms for CDMA chips. Over 100 million units sold in cellular phone and 2G infrastructure products. Coordinated schematic improvements with foundry, increasing manufacturing yield by 2%.
Marco Bitran History
Marco began working as a Financial Analyst and Equity Research Associate at Morgan Stanley in California during 1999. As a member of a three person team, he primarily advised large technology corporations on their strategic transactions. While at Morgan Stanley, Bitran wrote and contributed to multiple large research reports regarding the data communications sector.
His initial experience with a startup involved a web streaming service, Digital Entertainment Media, Inc. In his position as founder and Chief Operating Officer, he developed software architecture, a business plan, and recruited staff. During this time, he utilized the experience he had gained while working as an Engineer for QUALCOMM, a voice processing provider for cell phones.
He, later, took a position in the global industries and capital goods sector of Wellington Management Company, where he oversaw more $1 billion in assets. He was also an associate on the Small Cap Fund Team, where he worked with team members, as well as consultants and possible investors, on bottom up portfolio building. During this time, he also established a metrics framework for cyclical companies.
After joining Clearstream Investments, LLC in Boston, Bitran worked as part of a quantitative exchange traded fund team, which acquired $550 million in assets over time. The fund was based on a model developed by Gabriel R. Bitran, a Professor at the Massachusetts Institute of Technology (MIT) and Shioulin Sam, a Ph.D. graduate from MIT.
Marco graduated from MIT with his Bachelor of Science in Electrical Engineering with a Minor in Economics. While working, he also earned his MBA from Harvard University in 2003. Bitran is a licensed pilot who puts his license to good use traveling the world with his family in his spare time. He also enjoys running and photography.
Marco is a firm believer in giving back to others. He donates to several causes including Boston area food banks, organizations designed to assist underprivileged children, animal rights organizations, and various educational organizations. He is also strongly committed to helping the environment.