Doug Lockyer
David Papworth

After the dot-com industry collapse, Doug resurrected the Riptide brand and invested in the development of a suite of software products in an attempt to reposition the enterprise firmly within the emergent web services sphere, as a provider of sophisticated business intelligence, event scheduling and transaction security tools.

Strategically this direction may have had merit, but tactically did not execute without a client base or sufficient capital to prove out the strategy.

After personally investing in excess of half a million dollars, Doug executed a strategic coup and gave up self-financed technology development to take up a position as a parent.