Management: Stephen Meade

Stephen Meade, Board Chairman and Founder


Mr. Meade has played an integral role in developing MonetaPro’s business model, management team, client relationships, systems and strategy.  Under his direction the company has created several product offerings based on the same core technology.

Mr. Meade is also the Principal in the holding company BigBamboo, LLC. (www.BigBambooLLC.com), which brings companies from conceptualization to creation.  Serving as Chairman and “Resident Rainmaker”, the holding company has created: www.Cenoplex.com, www.Starbiz.tv, www.spoonmantics.com, Principles of Communication, MBTweeners, and others.

Mr. Meade has been successfully involved in e-commerce for over 13 years and has extensive knowledge in transaction processing and payment facilitation. Also, utilizing his background in both sales and sales psychology, he offers a unique perspective to e-commerce and transaction processing. He has created successful, intuitive and forward-thinking online business models by applying Neurolinguistics, logic flow and imaginative site design.

In 1996 he founded VirtualSellers.com (OTC BB: VDOT), a provider of e-commerce transaction processing service for Internet-based e-tailers. VDOT provided back-end transaction processing and clearing.  The selling company would receive a check and mailing label to ship their products. By focusing on actual sales and completed orders instead of hits, page views or impressions, the hit-to-sales ratio rose to 6.5% compared to industry average of less than 1%. Order completion soared to 78% versus an industry average of only 16%. This technology, service and concept were an early precursor to PayPal. VDOT reached a remarkable market cap height of $950M and was successfully sold to a public company. In 1999 he successfully created SiteVisions, a website and database development company, which was later sold in 2000.

The user interface of the latest company has garnered critical acclaims of “elegant”, “wow!”, “unlike any business application that exists”, “intuitive”, and “impressive” from such luminaries as SAP, NASA, Nebraska Economic Development and Accenture.

Prior to his e-commerce ventures, he was a regional vice president with Travelers Group, a Fortune 500 financial services company.  His responsibilities included hiring and training a sales force with full commission positions.  He holds a Series 6 & 63 and Series 26 Principle’s licenses.

He is a graduate of the University of Missouri at Kansas City. And when he was only 18, he created and owned Times Up!, a chain of retail stores which sold watches and fashion items. Mr. Meade has co-written three books in the field of credit improvement, budget and finance.

Mr. Meade is a much sought-after speaker and has given lectures or served on panels numerous universities including Northwestern University , University of Chicago, Loyola University, Peter Kiewit Institute, Illinois Institute of Technology, University of Illinois at Chicago, University of Missouri at Kansas City, and the University of Nebraska.

Mr. Meade is a Founding Member of KnockNOW, a non-profit group created to accelerate the opportunities for entrepreneurs (www.knocknow.com). He is also on the Advisory Boards of Chicago House of Blues, International House of Blues Foundation, Massachusetts Institute of Technology Enterprise Forum, PC Guild (tour management solution for bands) and Reinvention (strategy and marketing for women-led businesses).

Recently, he was selected as a judge for the prestigious global business plan challenge from Thunderbird (www.innovationchallenge.com) and a finalist judge for Boats.com e-commerce challenge.