Mr. Richard Abbott is a Co-Founding Partner and serves as Venture Partner and Operating Partner at Movac. He is also a Co-Founder of Maven Consulting. He serves on the investment committees for Funds 2 and 3. He is now a semi-retired private investor, philanthropist and company director specializing in internet businesses. He worked in IT during London's late 80s banking Big Bang, and in Wellington with local firms CSI and Deloitte Consulting during the 90s. In 1997 he co-founded IT consulting firm AMR (now Maven) and subsequently Movac. Richard was chairman of Trade Me from 2000 through to its sale. He is a director of Wellington internet company StarNow. Richard was a trustee of WWF New Zealand in the mid 2000s and was elected a school trustee in 2009. Richard is an active philanthropist; he joined the Jasmine Social Investments Board in 2006 and is a trustee of his own family foundation Jester 003 Charitable Trust.