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Frank Foster

Santa Barbara resident Frank Foster has an extensive history of entrepreneurship, venture capital investment and philanthropy. He has a successful track record as an entrepreneur (Prolacta Bioscience,, Virtual Music) and with Draper Fisher Jurvetson Frontier and Allen & Buckeridge as a venture capital investor (Instructure, Hitwise, ShotSpotter, Prolacta, St Archer, Ipsy). He currently serves on the board of nine companies and is the Chairman of the Cancer Foundation of Santa Barbara where he recently oversaw the campaign to build the new Ridley Tree Cancer Center.

Today he leads the business operations of the Hixon family as the Chairman of Hixon Properties and the Managing Director of the family’s venture capital arm, the Gideon Hixon Fund. Frank received his MBA from The Harvard Business School and a BA cum laude from Harvard University. He regularly presents and teaches classes in entrepreneurship and family business at Stanford GSB, UCSB, Cal Poly, and Portland State University. Recently he has made a significant gift to leading the creation of the Legacy Center at the Pepperdine Graziadio Business School, aimed at bringing leading edge organizational development programs to family businesses with a focus on next generation talent development.

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