Mr. Teruhide Sato is the Founder and serves as Managing Partner at Beenext. He attended the United World College of the Adriatic in Italy, and thereafter graduated from Keio University. In 1997, in partnership with Softbank, he co-founded Cybercash Japan (now known as VeriTrans), an online payment company. In 1999, he co-founded BEENOS (formerly netprice), and as CEO, took it public on the Tokyo Stock Exchange in 2004. In December 2014, Teru resigned as CEO of BEENOS and is now based in Singapore investing in and advising startups from India, Southeast Asia, and Turkey.