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Conference Room

Board of Managers

PreferUS' board of managers and observers is comprised of medical and business professionals who are at the pinnacle of their respective industries. Each individual plays an essential role in the implementation of PreferUS' scope of services as well as the training program at all five institutional partners.

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 Neal Dempsey

Manager

Mr. Neal Dempsey is Managing General Partner of Bay Partners, one of the largest-running venture capital firms in Silicon Valley. With Neal at the helm, Bay Partners has shepherded its portfolio to 26 IPOs in 20 years and 19 significant M&A deals, delivering over $2.5 billion in investment returns. Throughout his career, Neal has served on over 75 public and private boards for companies such as Guidewire, Xactly, Eloqua, Brocade and Apigee. 

Neal’s ability to drive successful portfolio exits has made Bay’s 2006 vintage fund one of the industry’s top performing funds, ranked #2 by PitchBook. Forbes also named Neal to its “Midas List” which names the top 100 venture capitalists in the world. 

Neal is a regular speaker, author and a newly appointed lecturer at the University of Washington’s Foster School of Business. His love of mentoring young entrepreneurs led him to establish the Neal’s Running Start program, which bring entrepreneurship from around the world to Silicon Valley for an intensive mentorship program with Neal and his posse of accomplished friends. 

Giving back is a cornerstone of Neal’s investing philosophy. Neal not only volunteers at the University of Washington, he has endowed scholarship funds for students, young assistant professors and athletes at the University of Washington, Willamette University and Claremont McKenna College. A lover of outdoors, Neal serves on the board of ACES, an environmental organization in Aspen, Colorado. He also is the incoming Char of Uplift Family Services, which helps over 30,000 children and their family members recover from trauma, such as abuse, severe neglect, addiction and poverty. 

As a serious college sports fan, Neal is actively involved with the University of Washington sports programs. He has provided scholarships for football, golf, tennis and track. Neal believes all success is founded in passion and perseverance. He not only admires these qualities in others, he strives to be a living example for others. 

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