BILT215
Over 25 years at WSFS Mark and his team grew WSFS 10 times in asset size, 20 times in revenue and profit, and 30 times in market value. Mark guided WSFS from a market value of approximately $100 million to over $3 billion on the NASDAQ exchange, outperforming the shareholder returns of peers and broader indexes by a factor of many times.m. Listen up as Mark shares highlights from his long, storied career and his new book, "The Path to Sustained Excellence."
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Dr Mike Daley has a big personality to go along with his big company exit. But his seeming overnight success was years in the making. He spent decades assembling advanced degrees and making money for Big Pharma before deciding at the ripe age of 62 to become an entrepreneur and launch his company Orthogenrx. Dr Daley literally liquidated his retirement plans, raised a few million from investors and bet the farm on importing an injection for knee pain already used widely overseas. Seizing the opportunity to exploit a rarely used FDA process loophole he was able to fast track the approvals and...
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After spending 20+ years as a project manager for giants Kaiser Permanente and McKesson he paused to find a problem that he could solve with a new business. He took a deep dive into interviewing clients to find aches and pains that he could capitalize on. After much research and a chance encounter with an investor-backer he launched PharmaForce with the mission to deliver flexible technology solutions for pharmacies, providers and patients demanding greater transparency and lower costs. After a mere 7 years he recently had a very successful exit to a PE firm. Tune in to hear Dan’s story on...
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Sylvester Mobley is the Founder and CEO of the youth tech education non-profit, Coded by Kids. Through his organization he works to increase access to tech education opportunities for those who are underrepresented in tech, especially children of color. Under his leadership, Coded by Kids has grown from serving fewer than 15 children in a rec center to serving more than 500 students per week. Tech has a lot of great benefits but there are still groups of people being locked out of it.
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Felicite Moorman is the CEO and co-Founder of STRATIS IoT, the only Sidewalk to Sofa® Intelligent Building Solution built for Multifamily and Student Housing. STRATIS helps create smart apartments and intelligent buildings built for the complexities of split multi-family and student housing. Serving over 325,000 apartments in the US, and over 18,000 internationally, STRATIS is poised for more growth in the future.
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Mahe Bayireddi is the Co-Founder and CEO of Phenom People, a global HR technology company with a mission to help 1 billion people find the right job. With over 200 million people using the product in 140 countries, including 50 of the Fortune 500 companies, Mahe is well on his way to achieving his goal of revolutionizing the talent life cycle through technologies, specifically AI.
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Nader Elm is the Co-Founder and CEO of Exyn Technologies, a commercialization of the technology spun out of GRASP Labs (General Robotics, Automation, Sensing and Perception Laboratory at the University of Pennsylvania). Since its founding in 2014, Exyn has become the world leader in autonomous data acquisition using drone technology.
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Bill Yoh is the youngest of five children born to Spike Yoh. Bill's grandfather, Harold, helped build the Philadelphia-based business that is now in its 5th generation, Day & Zimmermann. Founded in 1901 as a fledgling staffing company for engineers, it has grown into a massive organization of 45,000 employees globally and nearly $3 billion in revenue, making it one of the biggest privately held companies in the US and the world.
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Mike Hagan is a founder, operator and wildly successful investor in a variety of companies. He has repeatedly proven his ability to create or invest in a company, scale it and successfully exit. His venture was the B2B procurement WebHost VerticalNet, which hit a market capital peak of $11 billion. Unfortunately, Vertical Net ended in flames like many other dot.com companies at the turn of the millennium.
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Bob Moore is a serial entrepreneur with over 15 years of experience, who started his first business venture when he was at Princeton. In the early 2000s, as online poker was becoming popular, Bob jumped on an observation he made to create the Mooraculator to computerize what his peers were calculating in their heads to level the playing field for others who wanted to make money playing poker.
info_outlineDean Miller has been a venture capitalist for over 20 years, with particular interest in the healthcare technology and innovations space. Brought up in upstate New York, his early experiences shaped him for independence and entrepreneurship. Dean served as Managing Director at Novitas Capital, where he focused on venture capital investments across healthcare and technology. He went on to become Managing Director of the PCOM Primary Care Innovation Fund, a role he describes as not just making money for the institution but to really broaden the institution's mind around healthcare and innovation. Dean’s passion project is ultimately running Philadelphia Alliance for Capital & Technologies (PACT) as President and CEO. He shares some of his experiences with PACT, as well as the new Philadelphia Global Identity Project. Tune in to find out more.
Key Takeaways:
[3:20] Kevin does a speed round with his guest — Dean Miller.
[7:18] What was Dean's upbringing like in upstate New York?
[11:25] What was Dean's time like at Novitas?
[13:03] Dean shares his experience working with Buck Buckley.
[14:45] Dean led investments into a variety of companies. He reveals some of the highlights of the time.
[16:50] When did Dean get involved in Renal Solutions and why did he get out of it?
[18:34] What is PCOM and the Primary Care Innovation Fund?
[21:38] Why was there an inherent or potential conflict between PCOM and other research institutions?
[23:17] Dean has made eight investments in the last three years. What kind of companies does he choose to focus on?
[27:04] What is the benefit of seeking investment from PCOM?
[33:33] What is PACT and why does it exist? Dean shares some details about its creation and development.
[38:27] Dean speaks to the vision and mission of PACT.
[39:36] What are the three pillars of PACT and why are they important?
[45:59] Why is it important that the mentors get to choose their mentees?
[49:30] Philadelphia was one of the top 10 most active regions in the US for venture capital in 2018.
[56:59] On the innovation front, where are Philadelphia's bright spots?
[1:02:51] What is the Philadelphia Global Identity Project?
Links:
PCOM Primary Care Innovation Fund
Philadelphia Alliance for Capital & Technologies (PACT)