On July 16, J Michael Cline, the owner, founding investor, and former chairman of the online ticketing company Fandango passed away at the age of 64 in New York City. The news was first published by the New York Post.
He reportedly succumbed to suicide and left behind an apparent note that allegedly read:
“So sorry. I can’t explain the pain of f*cking up this much. I love you all.”
The exact cause of his demise was a fall from the 20th-floor window of the Kimberley Hotel at 145 East 50th Street near Lexington Avenue in midtown Manhattan. His lifeless body was discovered by the hotel authorities around 10 am on Tuesday in the third-floor courtyard.
His death came as a shock to his family, friends, and colleagues, especially because he underwent a successful gall bladder removal surgery only a few days before.
J Michael Cline is survived by his wife Pamela and their six children.
Exploring the life and career of J Michael Cline in the aftermath of his death
At the time of his demise, J Michael Cline was a managing partner at the financial firm Accretive, which he founded. He was also the executive chairman of the investment company, Juxtapose. While the former funds start-ups, the latter aims to build consumer-focused brands. He was also the founder and chairman of Stealth Mode Startup Company.
Before founding Accretive, J Michael Cline was one of the major founding investors of Fandango in 2000. Back then, he was a partner at General Atlantic and a key negotiator in bringing movie theater chains such as Regal and Cinemark to join Fandango and kickstart the company.
However, in 2007, Cline parted ways with Fandango and sold the majority of his stakes to NBC Universal and a part to Warner Bros Discovery.
Later, he also founded companies including tech firm— R1 RCM, health service provider— Accolade, business insurance firm— Insureon, education solutions business— Everspring, laboratory operations outsourcer— Accumen, and the AI-based fashion brand— DRESR, among others.
J Michael Cline was a business graduate from Cornell University and later obtained an MBA degree from Harvard University in the 1980s. Around that time, he founded a hard warmers import-export company, Penguin Warmups, but the project failed.
Following this, he worked as an associate at Goldman Sachs and McKinsey & Company, before joining the American Management Company as the Vice President of Marketing.
Cline also served as the founder and chairman of the back-office outsourcing company, Xchanging, and human resource outsourcing firm, Exult. He further worked as the vice chairman of one of the world’s leading hedge fund companies, Bridgewater Associates.
Dubbed a “serial entrepreneur” by a Fordham University article, Cline was also a philanthropist and often contributed to the education of underprivileged students and inspired them to dream big and “work with people you trust.”
The late investor was an animal rights advocate who donated to environmental nonprofits such as the World Wildlife Fund (WWF) and also served as the board member and chairman of the National Fish and Wildlife Foundation from 2015.
Together with his wife of 29 years, Pamela, Cline owned multi-million dollar properties, including his residences in Greenwich, Connecticut, the Hamptons, and Palm Beach, Florida (2020).