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Texas Hold 'em for the Angel Investor

Game Changers Silicon Valley

Release Date: 07/27/2019

The Oppressor Class show art The Oppressor Class

Game Changers Silicon Valley

Eli Steele's documentary, "Killing America," emerges from a profound silence into a loud, defining statement about the currents sweeping through American education. Born deaf, Steele transcends the boundaries of sound to explore the ideological framework shaping the narratives within schools across the nation. Through his lens, Steele investigates the dilution of meritocracy, the ascent of indoctrination, and the looming shadow of censorship, crafting a narrative that questions whether we are on the verge of educational decay or the brink of an academic renaissance. "Killing America" is not...

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Breaking the cycle, Crime, Drug Addiction, Recidivism show art Breaking the cycle, Crime, Drug Addiction, Recidivism

Game Changers Silicon Valley

We share a highly visible, universal concern: the persistent cycle of crime, drug addiction, and recidivism. My interview with former San Jose Mayor and current Congressional candidate Sam Liccardo, provides a deeper insight into the pernicious nature of this cycle. Sam underscores the deep-seated connection between these elements, painting a picture of a cycle that perpetuates itself but believes it can be dismantled with strategic intervention. His insights, drawn from years in public service, propose a pivot from punitive to rehabilitative justice. At the core of Liccardo’s argument is...

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Guns, Border, and Immigration Reform show art Guns, Border, and Immigration Reform

Game Changers Silicon Valley

Everyone agrees: We are witnessing unprecedented political polarization and deep divides tearing our country's fabric.  Since the current leadership in Congress cannot come to terms, the voters have little option but to send a message by electing new representatives and senators to Congress. I had an opportunity to interview a newcomer in the upcoming primary elections in California. Peter Dixon has impressive international accomplishments, entrepreneurial experience, served as a marine in combat, and a common sense approach to addressing big issues. He believes in finding creative...

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The Crisis in Public Safety show art The Crisis in Public Safety

Game Changers Silicon Valley

In the run-up to the 2024 elections, Anna Cheng Kramer, a candidate for California's 15th Congressional District, captures the quintessential American narrative of the underdog.  The story of Anna Chang Kramer, who is vying for a congressional seat in California's 15th District, offers a unique insight into the immigrant experience. Kramer's narrative, which began in Taiwan, weaves through a background of finance, integrity, and a growing sense of public duty to the community.   Kramer’s campaign, anchored in enhancing public safety, speaks directly to the growing concerns among...

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The Stigma of Mental Illness show art The Stigma of Mental Illness

Game Changers Silicon Valley

No one wants to admit they are being treated for depression, bi-polar disorder or having thoughts about suicide.  The fact is, today's stressful lifestyles will overwhelm the coping mechanisms of many people.  My guest believes it's time to remove the stigma and treat mental illness "just like any other disease." Homeless encampments in commercial districts remain a visible and complex challenge.  My guest, Dr. Peter Fund, provides insights about the extent of mental illness among the homeless. Government officials appear unable to formulate a plan to address what appears to be...

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Law  & Order Silicon Valley show art Law & Order Silicon Valley

Game Changers Silicon Valley

In today's blog, we delve into the critical role judges play in our justice system. We had the privilege of speaking with Johnene Stebbins, a seasoned deputy district attorney running for Judge in Santa Clara County. Join us as we explore the responsibilities and challenges judges face in maintaining fairness, integrity, and public safety. We discuss the correlation between the decriminalization of drugs and the rise in homelessness. Drawing insights from our conversation with Joanne Stebbins, we explore the challenges faced by local governments in addressing this complex problem.

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Quantifying Startup Risk show art Quantifying Startup Risk

Game Changers Silicon Valley

In 2023, approximately 3,200 venture-backed firms in the U.S. went out of business, according to data from PitchBook. These startups had collectively raised about $27.2 billion. Since the failure of Silicon Valley Bank in March 2023, this situation has been described as the most difficult year for startups in at least a decade, with many companies quietly shutting down. So the question is: What is taking place in the early-stage investor community to navigate this re-defined landscape?  Is it business as usual or is there a new investor emphasis on quantitative tools to make better...

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Unlocking the Startup Asset Class show art Unlocking the Startup Asset Class

Game Changers Silicon Valley

Three Key Steps in Constructing the Startup Asset Class  One fundamental building block to startup investing is defining the sectors and technologies that will fit your organization's definition of a startup asset class. A second critical step involves creating an education program to explain the purpose, risks, diversification, time horizon, and expected returns in a portfolio of early-stage technology companies.  But what can catalyze the growth of your startup investing and the ecosystem is tapping into state funding to support innovation and economic development.  But as...

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Restructuring the University show art Restructuring the University

Game Changers Silicon Valley

Universities face many challenges in their goal of educating students for engagement in the 21st century economy. In this podcast, we delve into this transformative shift in academia, where the traditional model of university education is being reimagined and revitalized.   The University of Cincinnati is at the forefront of this educational revolution, fostering an environment where academic knowledge meets practical application and where failure is viewed not as a setback but as a critical component of learning and innovation. My guest is Kate Harmon, the Executive Director at the...

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The Prop 19 Fix for a Taxation Nightmare show art The Prop 19 Fix for a Taxation Nightmare

Game Changers Silicon Valley

A Crusade for Justice Imagine inheriting your family home, only to find a tax bill that forces you to sell. It's not fiction; it's the startling reality under California's Proposition 19. In this episode, we uncover how this law is upending lives and what's being done to challenge it. Meet Gina C. Louis, our advocate guest driving the charge against this controversial law. Her analysis and expertise shed light on a situation that's more than just numbers – it's about preserving the inheritance structure and legacy of the family home.

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This conversation is with Jamie Rhodes, founder of the Central Texas Angel Network, an active angel investor group, based in Austin, TX.  The startup story begins with an accelerator hosted by Texas State University and supported by a group of local mentors and advisors.   One of the companies gaining traction in the accelerator was SioTeX.  The company ’s Intellectual property which had been funded and developed by Texas State University was a new method to convert rice hulls, which are a waste product, through a proprietary process to create a high-grade organic compound called Silica.

After the initial round of startup funding, the company began to work on commercializing the production of Silica for Paints and Coatings manufacturers.  Silica is used in the production of paint. 

As the sales and marketing process engaged with the paint manufacturers in the U.S., there was “little or no response”.  Eventually, the company learned from these prospective customers, that their product did not meet the specifications required by the paint manufacturers.

At this point, two years after the initial funding, the company faced a clear dilemma.  They were low on cash and had not found traction in the primary market as defined by the original team. And just one more issue, the CEO had decided to leave the company and pursue some other interest.

The dilemma for the investors was:  Is it time to walk away or put more money into the company on the hope that a viable market fit would be found. 

In other words, the investors had to decide if it was time to hold ‘em and invest more money or time to fold ‘em, and walk away and let the company fold from insolvency.

Join me with our guest, Jamie Rhodes, who was an early mentor to the company, invested in the company and was on the Board of Directors.  The other board members and the shareholders convinced Jamie that he was the best person to take over the role of the CEO and hopefully turn the company around.