We distinguish ourselves by having a team with a wide range of expertise. We are successful investors, technically savvy, and possess extensive operating experience in marketing and sales. Importantly, we are also entrepreneurs just like you.

The team has a long history of working together. Cumulatively, we have known each other and worked together for decades.

    Ed Olkkola

    Managing Director

    Ed’s career has spanned a wide range of executive-level positions in marketing, finance, information technology, strategy, product and corporate development, and professional investing. Previously, Ed was Senior Vice President, New Products and Business Development for A. H. Belo Corporation where he focused on strategic investments in media and technology companies. Ed was a General Partner at Austin Ventures where he focused on communications systems/software and semiconductor investments. His investment exits include Agere Systems, Sychip, Santera Systems, Navini Networks, NexGen, Ramp Networks and Raptor.

    At Compaq, Ed held the position of Vice President and General Manager of the communications products division and co-founded the Compaq Venture Fund. Earlier in his career, he held a variety of engineering, marketing, strategy, and finance roles at Motorola Information Systems Group. Over his career, he brought over a dozen new products to market and acquired several companies totaling over $750 million.

    Ed received his undergraduate degree from the University of Massachusetts, holds an MBA from Northeastern University and completed the Compaq executive leadership program at Harvard University.


        Vinson N. Davidson

        Managing Director, CFO and CCO

        Vinse Davidson, CFO, has over 25 years of business experience, with significant roles in the financial and operational aspects of venture capital, real estate, computer systems management, and infrastructure construction. Previously, as a Partner and CFO with STARTech Early Ventures, he was responsible for the finance, accounting, and administrative functions surrounding their seed funds and early stage business acceleration initiatives in Richardson, Texas. His career includes work for MasTec, Inc., a national construction company, as Division President and for Trammell Crow Company, a commercial real estate developer and manager, as CFO of their Dallas Industrial Division. Between corporate careers, Vinse has provided CFO services for growth-stage companies on a consulting basis that included raising equity and loan capital and supporting mergers, operations and training. He began his career as a computer audit specialist in the Dallas office of what is now Ernst & Young.

        Vinse earned his Bachelor’s degree in accounting, summa cum laude, from the University of Tennessee at Martin, and his Master of Professional Accounting degree (emphasis in Information Systems), with High Honors, from The University of Texas at Austin. A licensed CPA, Vinse resides in Coppell, Texas.

            Laura Kusching

            VP Finance–Fund Operations

            Laura has twenty-five years of experience running the operations of middle market companies, including all accounting, human resources, customer service, general operations, and finance functions. Laura has experience in several different disciplines, including various service industries, import/export and property management. She handles all of the accounting and operations for Teakwood along with contributing to due diligence and portfolio-company support efforts.

            Laura received her AA degree from College of Central Florida.


                Jonathan K. Hustis

                Executive Partner and General Counsel

                Jon Hustis has a legal and executive career extending across national and global technology businesses. His experience includes a diverse range of enterprises, from start-ups seeking seed capital to multi-national Fortune 500 enterprises such as Texas Instruments and Oracle Corporation. Jon joined Teakwood in 2016 as Managing Director-Corporate Development, Chief Compliance Officer, and General Counsel. Since March 2020, his role is Executive Partner and General Counsel to Teakwood, and board member to two Teakwood portfolio companies.

                Jon holds an undergraduate degree in liberal arts from St. John’s College in Annapolis, Maryland, and a law degree from Southern Methodist University in Dallas, Texas. He is a member of the Vickery Meadow Youth Development Foundation’s board of directors, and has been active in various local organizations relating to law, technology and business. He lives in Dallas.


                    Dave Ellett

                    Executive Partner

                    Dave Ellett is currently a Teakwood non-employee board member for one or more Teakwood portfolio companies.

                    Dave Ellett brings more than 30 years of executive experience guiding online organizations through various stages – from start up to restart scenarios. He currently serves as chief executive officer for RemitDATA where he is responsible for the vision, strategy and day-to-day operations of the company.

                    Ellett has held senior positions at several internet-focused businesses. Prior to his role with RemitDATA, he served as president and general manager of Belo Interactive Media. Prior to Belo, Dave served as CEO and chairman of Powered, an industry leader in building social media websites for major brands and publishers. Before joining Powered, Ellett served as CEO at Docent Inc., a leader in enterprise e-learning and business performance management, taking the company from the “A” round of funding through a successful IPO.

                    Ellett’s experience also includes tenures at large IT companies, such as serving as the corporate vice president of worldwide education for Oracle, and COO for Business Objects. In addition, Ellett spent 13 years with EDS in a number of key management roles, including president of the performance services group.

                    Ellett holds a Bachelor of Science degree from Southern Methodist University in Dallas. He is married and has three daughters and a son.


                        Ed H. Bowman

                        Executive Partner

                        Ed Bowman is currently a Teakwood non-employee board member for one or more Teakwood portfolio companies.

                        Ed currently serves as Chairman and CEO of TRNT Holdings, LLC and possesses a broad business background in a variety of industries with a global perspective. He has served as CEO in both public and private company environments (while with a leading private equity firm), and has raised more than $1.6 billion in seven debt and equity transactions, and has extensive experience in acquisitions. He has relevant corporate governance experience with special interest in Enterprise Risk Management and the role technology plays.

                        Ed’s past positions include serving as CEO, president and director of SourceHOV, one of the largest business process outsourcing companies. Prior to this, he held leadership roles at First Data Corporation, HBOC & Co., Insurance Systems of America and Andersen Consulting. He currently sits on the board of Eagle Materials, Inc., a leading U.S. manufacturer and distributor of building materials.

                        A recipient of the 2010 EY Entrepreneur of the Year® award for the southwest region, Ed received his Bachelor of Science in Business Administration with honors from Georgia State University, as well as a Master of Science degree from the Georgia Institute of Technology.


                            Shawn Kelly


                            Shawn Kelly [Oct. 3, 1972 – Apr. 16, 2018] founded Teakwood Capital in 2005 on the premise of bringing equity capital, strategic advice and marketing expertise to micro-cap, undercapitalized companies, thus launching them to higher growth and profitability.

                            Shawn’s career centered on financing and building growth stage companies. Prior to Teakwood, Shawn was with Austin Ventures, where he co-opened the firm’s Dallas offices. During his tenure, the firm grew from $450 million to $3 billion of capital under management. Shawn invested in and was active with the Boards of 12 growth-stage businesses. He was previously an investment banker with J.C. Bradford in Nashville where he focused on private equity and M&A transactions.

                            Shawn earned a Master of Business Administration from the Stanford Graduate School of Business and a Master in Professional Accounting and a Bachelor of Business Administration with High Honors from the McCombs School of Business at the University of Texas at Austin. Shawn was an active member of the Lone Star Chapter of the Young Presidents’ Organization.