Black Dragon adds three media tech execs to advisory board

Black Dragon Capital has named Mohamed Abuagla, Sandy Nasseri and Spencer Stephens to its advisory board. Abuagla recently served as chief information and technology officer and executive director of technology and operations for Al Jazeera Media Network while Nasseri is president and co-founder of MelroseINC. And, Stephens operates Tech X Media.


MIAMI, Sept. 4, 2018 /PRNewswire/ — Black Dragon Capital is pleased to announce that media technology experts Mohamed Abuagla, Sandy Nasseri and Spencer Stephens have joined its advisory board.

“We are excited that Mohamed Abuagla, Sandy Nasseri and Spencer Stephens have joined us at Black Dragon Capital to share their expertise as we continue to build the advisory board with top performing executives. What makes Black Dragon unique is that all of our investment professionals, analysists and advisors are successful in the areas we invest in. We are a group of entrepreneurs with a track record of successfully investing in and building great technology companies,” said Louis Hernandez Jr., founder, managing director and CEO at Black Dragon Capital.

Mohamed Abuagla, an information technology and broadcast media professional, recently served as the chief information and technology officer and executive director of technology and operations for Al Jazeera Media Network, a global media organization, where he led a team of more than 1,200 members in 86 countries. He was at the forefront of introducing next-generation technologies adopted by the media industry, including cloud computing, artificial intelligence, and big data strategies with a focus on enhanced security.

“The pace of change of digitization in the media industry is accelerating. This is truly a case of adapt or die for major players. Black Dragon understands the landscape and has the courage to find ways to navigate forward. I’m honored to join them, to work with leaders that I know and trust, and find a way to lead an industry I care about,” Abuagla said.

Sandy Nasseri is president and co-founder of MelroseINC, a WBENC-certified woman-owned business that provides technology products and services to the entertainment industry. Her customers include Disney, Sony, Netflix, Paramount Pictures, Fox, Warner Bros., Hulu, RedBull, Cedars-Sinai Hospital, Lionsgate Studios, Universal Music Group, Bad Robot, Viacom. She partners with Apple, Avid Technology, Sony, Quantum, Qumulo, Arista, Dell, Hewlett Packard, Lenovo, and Wacom, among others.

“I’ve seen the team at Black Dragon oversee major changes to benefit companies and industries. They are thought leaders in the media landscape, and I’m excited to bring my operational expertise and distribution knowledge to the investment landscape to help create market leading companies,” Nasseri said.

Spencer Stephens operates Tech X Media, a Los Angeles consultancy that provides technology services to the media and entertainment industry. His areas of expertise include motion picture and TV production, content distribution, content and cybersecurity, artificial intelligence, and standards and regulatory activities. During his time as chief technology officer at Sony Pictures Entertainment, Stephens led the studio’s technology development group, which dealt with every part of the content path from cameras and lens through to postproduction and mastering.

Previously, Stephens worked as vice president of technology for Warner Bros., and earlier he built and ran the digital production group at Walt Disney Television Animation.

“We are at an incredibly important and exciting time for media technology. Black Dragon Capital’s operator approach for working with the best leaders to build technology to compete and win is the perfect example of the right idea at the right time. I’m excited to join them to help build the future of media technology,” Stephens said.

Black Dragon Capital is a private equity fund focused on growth investments, particularly in digital commerce, financial services and media and sport technologies. Black Dragon’s team of industry professionals have significant operational experience, strong financial backgrounds, proven track records of success and investment experience, ranging from startups to billion-dollar organizations in both public and private vehicles. The company leverages its network expertise and deep domain knowledge to assist in accelerating growth and profits in selected markets – all while working closely with entrepreneurs. Learn more at