Thomas Byrne is real estate technology evangelist and active business advisor, thought leading, startup mentor and investor within the real estate technology sector. Byrne was previously an Entrepreneur In Residence at Trinity Ventures. For 10 years, Byrne built and managed LoopNet, Inc. until its successful sale in 2012 for $900 million. As President and Chief Operating Officer of LoopNet, Byrne was responsible for LoopNet's P&L and lead day-to-day strategy, acquisition review and integration, business operations, marketing, sales, client & account management, engineering product development and business development. Byrne helped steward the company thru numerous key milestones including profitability, achieving EBITDA margins of 50%, successful IPO, acquiring and successfully integrating 8 acquisitions, raising $50 million PIPE investment, and the eventual sale to Costar.
Prior to joining LoopNet, Byrne served as Group Vice President of NextCard's Secured Card business unit responsible for the business unit's P&L and for all functional groups including strategy, marketing, client services, portfolio management and finance. Byrne successfully led the NextCard business unit to cashflow breakeven and profitability. Prior to NextCard, Byrne held management positions at McKinsey & Company and Prudential Investments working in various investment capacities, including the Prudential Real Estate Group, in both commercial real estate and mortgage loan workout groups.
Byrne holds a MBA from the Harvard Business School and has a B.S. of Electrical Engineering, with highest honors, from Georgia Tech.