After one year at Qualcomm Incorporated, he took the entrepreneurial leap, founding Digital Entertainment Media, Inc., in San Francisco. Managing a team of MIT, Harvard University, and Stanford University students, Mr. Bitran served as CEO of the early provider of radio and music Web streaming. Next, exhibiting another key entrepreneurial trait, an insatiable desire to learn, he joined Morgan Stanley, where he gained expertise in mergers and acquisitions, debt offerings, equity issuances, and strategic engagements as a Financial Analyst in the Investment Banking Division. Promoted to Equity Research Associate on the Telecommunications Equipment Team, he participated on the first Wall Street research team to anticipate the industry decline.
Marco Bitran left Morgan Stanley to return to school, earning an M.B.A. at Harvard Business School. He then managed a $1 billion global sector-fund as a Sector-Fund Manager and Global Industry Analyst at Wellington Management Company, LLP, in Boston. By 2006, he was ready to enter the entrepreneurial big-time, founding Clearstream Investments, LLC (aka GMB Capital Management, LLC), which started a quantitative ETF and grew to $550 million in assets. In 2011, Mr. Bitran co-founded AI Exchange, Inc., in Boston, where he acts as CEO for the separately managed hedge-fund account platform. Like the seasoned entrepreneur he is, he developed the company’s technology, raised $1.5 million in venture capital, and created and designed the successful business model, which offers managed-account alternative investment strategies to wealth advisors.