meet our
Senior Advisors

The Team That Makes Extraordinary Exits™ Possible

David Chen

Senior Advisor

David Chen is a seasoned entrepreneur, global executive, and strategic advisor with over 30 years of experience building, scaling, and leading technology-driven ventures across Fortune 500 corporations and high-growth companies. As Senior Advisor, David leverages his network to introduce business owners to STS Capital Partners and offers expert guidance throughout their journey toward an Extraordinary Exit. 

David Chen

He is also Founder and General Partner of West Mountain Ventures, providing strategic advisory services, fractional executive leadership, and angel investment to venture-backed companies and universities, consistently identifying multimillion-dollar growth opportunities, and facilitating transformative partnerships. David’s entrepreneurial journey includes founding and scaling NextWorth Solutions, guiding it from startup to industry leadership with multiple successful funding rounds and strategic partnerships with Fortune 500 retailers, OEMs, and telecoms. NextWorth was recognized twice on the Inc. 500 list of fastest-growing companies (#92 in 2012) and became the category leader in its industry. Throughout his career, David has successfully executed multiple exits, delivering exceptional returns to investors. 

In his corporate leadership role at Bose Corporation, he directed innovation assessment and partnership development initiatives, leading corporate incubation projects and developing frameworks for strategic startup alliances. His systematic approach to value creation has generated transformative outcomes across both entrepreneurial ventures and global corporations, with expertise in early-stage investment evaluation, retail strategy, AI-driven venture creation, and strategic brand partnerships. 

David maintains an active Seed to Series A portfolio across audio, health, sports, biotech, and consumer brands, where he leads deals, secures funding, and drives growth through strategic partnerships. He also advises Babson College on innovation and venture development and supports consumer brand scaling through the Commonwealth Kitchen incubator in Boston. 

David holds an MBA from Babson College (Hamilton Scholarship Recipient for Entrepreneurship) and a BA in Economics & East Asian Studies from Colby College, with Mandarin studies at Peking University. His board experience includes the Young Presidents Organization (New England Chapter), Consumer Technology Association Small Business Council, Maine Hut & Trails, and NextWorth Solutions. He is an active angel investor with TBD Angels, maintaining deep engagement in the entrepreneurship and venture capital ecosystem across the Northeast. 

Press Releases

Pursant Founder Mark Herbick Joins STS Capital Partners as Chief Executive Officer 

November 2, 2026

STS Capital Partners is pleased to announce that Mark Herbick has been appointed Chief Executive Officer, effective November 1, 2026, as Pursant, the firm he founded, joins forces with STS. A serial e…

Press Releases

Steve Weclew is Appointed by STS Capital Partners as Managing Director

October 29, 2026

We are pleased to announce the appointment of Steve Weclew as a Managing Director.  A CPA by training, former public-company CFO, and co-founder and CEO of an acquisition-led platform, Steve brings…

Press Releases

Former Goddard Enterprises Managing Director Anthony Ali Joins STS Capital Partners as Managing Director and Partner  

October 19, 2026

STS Capital Partners is pleased to announce that Anthony Ali is joining the firm as Managing Director and Partner, bringing extensive international leadership experience and a proven track record in b…

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Thought Leadership

If You’re Considering an ESOP, Run a Competitive Process

October 15, 2026

Why founders should apply the same process to an ESOP as they would to any other buyer. For many founders, the decision to explore an Employee Stock Ownership Plan (ESOP) is not driven by valuation…

Press Releases

Claude Zdanow is Appointed by STS Capital Partners as managing director

September 30, 2026

We are pleased to announce the appointment of Claude Zdanow as a Managing Director.   A public-company CEO, serial founder, and M&A principal, Claude brings nearly two decades of experience building…

Thought Leadership

Building for an Extraordinary Exit™ Starts on Day One

September 15, 2026

Founders rarely begin building a business with an exit in mind.  The early years are consumed by proving an idea, winning customers, preserving cash and creating momentum. Decisions about governance…

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