Wendy Martinez - FiscalNote COS
FiscalNote began out of our desire to answer a fairly simple question: why isn’t there a way to keep track of what’s happening in government — at every level — in a simple, comprehensive, and reliable way?
With a background in public service and a major in public policy, Co-Founder and CEO Tim Hwang — who at the time was a rising senior at Princeton — thought this was a problem worth solving. That’s what led Tim and high school friends Gerald Yao, and Jonathan Chen to spend the summer of 2013 hunkered down in a Silicon Valley Motel 6 with $2,000 of funding and a mission: to build a platform that combined global government data, analytics, and tools to better connect the world to its governments.
https://www.fiscalnote.com/about/
FISCALNOTE COMPLETES $180M ACQUISITION OF CQ ROLL CALL FROM THE ECONOMIST GROUP
FiscalNote Founder Tim Hwang Will Lead the Company as Chairman and CEO
WASHINGTON, August 20, 2018 – FiscalNote, a technology innovator at the intersection of global business and government that provides advanced, data-driven Issues Management solutions, today announces that it has completed its acquisition of CQ Roll Call from The Economist Group for $180 million through a combination of cash and equity. The Economist Group obtains an 18 percent equity stake in FiscalNote, making it the largest single shareholder of the company and Chris Stibbs, CEO of The Economist Group, will join the board of directors. As part of the transaction, S&P Global (NYSE: SPGI) takes a strategic equity investment in the D.C.-based FiscalNote and appoints Mark Blake, its global head of corporate development, as a Board Observer. FiscalNote Founder Tim Hwang remains the largest individual shareholder and will lead the company going forward as Chairman and CEO.