David E. Scott, 48, and David M. Hollingsworth, 42, are the managing members of Avid Communications, LLC.
...Scott holds a Bachelors of Science degree in Electrical Engineering, summa cum laude, from the University of Missouri-Columbia and a Master's of Business Administration from the University of Chicago.Scott held a variety of strategic planning, marketing and business development positions in a ten-year career at Sprint Corporation, and was particularly involved in the company's strategies to take advantage of both the deregulation of the long distance market (in the mid-1980s) and local phone market (in the early 1990s).Scott's last position at Sprint was Vice President of Strategic Development.
...In 1993, Scott joined Kansas City Fibernet, a small competitor to Southwestern Bell Telephone that was owned by Time Warner Cable, as its President.Later that year, Hollingsworth joined Scott at Fibernet as Director of Finance and Administration.
and Hollingsworth, Fibernet
grew rapidly to become one of the largest and most successful companies in the country competing directly with the local phone monopolies.
was the first company to be certified to provide competitive local phone service in both Kansas and Missouri, and Scott
was a leader nationally and in Missouri and Kansas in pushing for industry deregulation.Fibernet
was eventually sold to TCG, the nation's largest Bell competitor, which was shortly thereafter sold to AT&T
.The estimated value of the Fibernet
assets at the time of the AT&T
acquisition of TCG was $175 million--a substantial return on the $20 million investment by Fibernet
's owners. In late 1996, Scott left Fibernet to found Birch Telecom, Inc.
In 1999, Scott
was named Midwest Entrepreneur of the Year and Kansas City's Technologist of the Year. After seven years at the helm, Scott left Birch in 2004 to take advantage of softswitch-based IP networking technology and begin preparations for Avid Communications.Hollingsworth left Birch in late 2004 and joined Scott in laying the foundation for Avid.