# Louis Hernandez Jr.

> Louis Hernandez Jr. is the founder, chairman and CEO of Black Dragon Capital, a technology investment firm. Formerly chairman and CEO of Open Solutions and CEO of Avid, he works across financial technology, media technology and digital commerce, writes about the economics of digitization, and founded For A Bright Future to support educational opportunity. His public record also includes his 2018 dismissal from Avid and a 2024 SEC enforcement action.

- **Role:** Founder, Chairman and CEO at Black Dragon Capital
- **Organizations:** Black Dragon Capital, For A Bright Future Foundation, Grass Valley, Open Solutions (former), Avid Technology (former)
- **Education:** Undergraduate degree; Master of Business Administration, San Diego State University
- **Known for:** Led Open Solutions as chairman and CEO before its acquisition by Fiserv., Founded Black Dragon Capital., Founded For A Bright Future in 2011.

## Career timeline

- **1999–2013** — Chairman and CEO of Open Solutions.
- **2008** — Joined Avid’s board of directors.
- **2010** — Published Too Small to Fail.
- **2011** — Established the nonprofit now known as For A Bright Future.
- **2012** — Saving the American Dream edition listed by Google Books published.
- **2013** — Fiserv acquired Open Solutions; appointed president and CEO of Avid in February.
- **2017** — Published The Storyteller’s Dilemma.
- **2018** — Avid terminated his employment following a workplace-conduct investigation.
- **2020** — Black Dragon acquired Grass Valley from Belden.
- **2024** — SEC charged Black Dragon entities and Hernandez with registration, marketing and other adviser-law violations; they consented to relief without admitting or denying allegations, subject to court approval at announcement.
- **2025** — Published Digital Tsunami.
- **2026** — Discussed human needs, technology and collaborative vendor relationships in a CUbroadcast interview.

## Achievements

- Led Open Solutions as chairman and CEO before its acquisition by Fiserv.
- Founded Black Dragon Capital.
- Founded For A Bright Future in 2011.
- Author of Too Small to Fail, Saving the American Dream, The Storyteller’s Dilemma and Digital Tsunami.
- Led Black Dragon’s acquisition of Grass Valley in 2020.

## Latest updates

- **2026-03** — Appeared in a March 31 CUbroadcast interview about Digital Tsunamis, human needs and collaborative vendor relationships.
- **2025-12** — Discussed digitization and credit-union strategy with CUbroadcast on December 16.
- **2025-12** — His foundation named Jennifer Sky Carlos its Creative Arts Scholarship recipient on December 18.
- **2025** — Published Digital Tsunami.

## Links

- Website: https://www.louishernandezjr.com/
- LinkedIn: https://www.linkedin.com/in/louishernandezjr
- Twitter/X: https://twitter.com/lhernandezjr
- Instagram: https://www.instagram.com/lhernandezjr/
- Facebook: https://www.facebook.com/lohernandezjr/

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Profile page: https://yespress.io/louis-hernandez
Published by YesPress — https://yespress.io
Last updated: 2026-10-09