Note: The Skinny blog is written by Rick Smith, editor and co-founder of Local Tech Wire and business editor of

RESEARCH TRIANGLE PARK, N.C. – Charlotte’s entrepreneurial community has a big connection in more ways than one with’s $142 million acquisition of startup

Not only is Garth Moulton, one of the California firm’s co-founders a resident move-in to Charlotte, he also is an active member in BIG – Charlotte’s entrepreneurial group Business Innovation and Growth.

As part of his giving back efforts, Moulton also helped coached two startups in the recent “Five Ventures” business competition an UNC-Charlotte.

“Garth will continue to remain involved in BIG and will give back to our community to support entrepreneurship,” BIG Chief Executive Officer Terry Thorson Cox told Local Tech Wire.

She sees involved as a “mentor, investor” and more.

“He’s the kind of serial entrepreneur that we need in Charlotte,” Cox added.

Moulton moved to Charlotte over a year ago even though Jigsaw is based in California. While helping run sales and marketing for Jigsaw in what Cox describes as a “bi-coastal” run company, Moulton also became involved in the Queen City’s entrepreneurial committee by joining BIG.

“He basically joined BIG to get connected to our entrepreneurial community for purposes of launching the next big thing,” Cox says.

What that next “thing” is remains to be seen, but Cox and fellow BIG members are excited that Moulton could be creating it in North Carolina.

At Jigsaw, Moulton is vice president of community. He describes himself as Jigsaw’s “ambassador. Moulton also led business development. Before joining Jigsaw, Moulton worked in sales at several other tech firms. He’s a Brown University graduate.

In his blog at Jigsaw, Moulton discussed his involvement in Five Ventures.

“I originally balked when the director of the program, Ken Paulus, asked me to coach two of the entrepreneur teams,” he wrote. “But a combination of his hypnotic radio voice and the enthusiasm of the founders of the fledgling crowd sourcing companies ( and convinced me to get involved. Once I got used to the constant reminder that bright eyed MBA students inadvertently gave me that I am an old fart (I hit forty in two months) it turned out to be well worth my time.”

Cox – and others, I bet – are assuming Moulton will be sharing his Jigsaw experiences with others. purchased Jigsaw for $142 million plus earn-outs for up to another 10 percent.

Jigsaw focuses on business contacts based on crowd sourcing similar to Wikipedia. Founded in 2004, it has raised some $18 million in venture capital TechCrunch reports.

The company has some 1.2 million members and contact information on some 21 million people since launch.

Now that’s crowd sourcing.


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