# Eric Mathewson

> Eric Mathewson founded WideOrbit in 1999 and led the broadcast advertising software company until Susie Hedrick became CEO in August 2024. His background includes equity derivatives at Kidder Peabody, portfolio management at Montgomery Securities and early technology investing. He now serves on Lumine Group’s board and manages Prescient Capital, investing in AI-enabled software, semiconductors and early-stage businesses.

- **Role:** Board Member at Lumine Group; manager of Prescient Capital
- **Organizations:** WideOrbit, Lumine Group, Prescient Capital, Montgomery Securities, Kidder Peabody
- **Education:** BS in Social Science, University of California, Berkeley, Stanford Law School
- **Known for:** Founded and led WideOrbit for approximately 25 years., Built a company serving more than 5,000 stations and cable networks worldwide at the February 2023 acquisition announcement., WideOrbit systems processed more than $35 billion in customer advertising revenue annually at the time of that announcement; this is not company revenue.

## Career timeline

- **Before 1999** — Worked in equity derivatives at Kidder Peabody in Palo Alto and managed portfolios at Montgomery Securities in San Francisco and New York.
- **1994** — Began active private equity technology investing, according to his conference biography and the acquisition announcement.
- **1999** — Founded WideOrbit in July to simplify media buying and selling.
- **2001** — WENY in Elmira, New York, became the first TV station live on WO Traffic in February.
- **2011** — WO Traffic reached its 2,000th implementation, at WJRT in Flint, Michigan.
- **2023** — WideOrbit acquisition closed February 22; Mathewson joined Lumine Group’s board. Attended Stanford Law School Directors College during the year.
- **2024** — Handed the WideOrbit CEO role to Susie Hedrick in August.

## Achievements

- Founded and led WideOrbit for approximately 25 years.
- Built a company serving more than 5,000 stations and cable networks worldwide at the February 2023 acquisition announcement.
- WideOrbit systems processed more than $35 billion in customer advertising revenue annually at the time of that announcement; this is not company revenue.
- Joined Lumine Group’s board upon the acquisition closing in 2023.

## Latest updates

- **2024-08** — Susie Hedrick became WideOrbit CEO; Mathewson moved his focus to his Lumine board and investment committee work.
- **2023-02** — WideOrbit acquisition closed and Mathewson joined Lumine Group’s board.

## Links

- LinkedIn: https://www.linkedin.com/in/emathewson

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Profile page: https://yespress.io/eric-mathewson
Published by YesPress — https://yespress.io
Last updated: 2026-10-26
