Science Inc. is a Los Angeles based incubator that was founded by former MySpace CEO Mike Jones. Science has hired former IAC senior executive Jason Rapp as their Managing Director. Rapp will research new opportunities for the company’s portfolio.
Science plans to keep acquiring and scaling talent. Some of the companies that are a part of Science’s portfolio include DollarShaveClub, TripleThread, Wittlebee, TopFloor, and HelloSociety. Science Inc. raised about $30 million from Hearst Ventures 2 months ago and raised a total of about $40 million.
?I?m thrilled to team up with Mike Jones, whom I?ve known and admired professionally for years,? stated Rapp. ?He and the Science team have taken an innovative approach to building great companies. I?m excited to join them as they grow Science into a truly transformative enterprise and a powerful force within the startup industry.?
Before joining Science, Rapp was the president and member of the board of directors at Mahalo.com. Between 2006 and 2009, Rapp was a senior executive at IAC where he worked as the CEO of Gifts.com. He also ran IAC’s M&A in New York. Before that, Rapp was an Associate General Manager and head of operations at NYTimes.com.