Mark Chasan is a lawyer, merchant banker and entrepreneur. In 1995, Chasan founded Emusic, and as Chairman and CEO of Emusic created the world’s first online digital music

Digital audio

Digital audio is sound reproduction using pulse-code modulation and digital signals. Digital audio systems include analog-to-digital conversion , digital-to-analog conversion , digital storage, processing and transmission components...

 distribution and retailing company and a leading online music and entertainment superstore. In February 1999, Emusic merged with Goodnoise/Emusic.com, Inc. and went public

Initial public offering

An initial public offering or stock market launch, is the first sale of stock by a private company to the public. It can be used by either small or large companies to raise expansion capital and become publicly traded enterprises...

 (NASDAQ: EMUS). Also, in 1995, Chasan formed Webcentral, one of the first web development

Web development

Web development is a broad term for the work involved in developing a web site for the Internet or an intranet . This can include web design, web content development, client liaison, client-side/server-side scripting, web server and network security configuration, and e-commerce development...

, hosting and co-location

Colocation centre

A colocation centre or colocation center , is a type of data centre where equipment space and bandwidth are available for rental to retail customers...

facilities in the US and hosted such customers as Caltrans, ReMax and AudioNet/Broadcast.com. Webcentral was acquired by Interworld Communications in 1997.

Chasan is currently the Chairman and CEO of Transformative Capital, Inc., a firm focused on financing sustainable and clean-tech businesses. Chasan has been instrumental in creating new financial models for a process driven approach to liquidity and value creation utilizing a private-to-public strategy.