Libsyn Directory

Nader Elm — Co-Founder and CEO of Exyn Technologies

Release Date: 02/13/2020

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."

Dr. Mike Daley - Founder of OrthogenRX

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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...

Dan Dimitri - Founder/CEO of PharmaForce

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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...

Sylvester Mobley — Founder and CEO of Coded by Kids

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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.

Felicite Moorman — CEO of STRATIS IoT

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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.

Mahe Bayireddi — Co-Founder and CEO of Phenom People

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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.

Nader Elm — Co-Founder and CEO of Exyn Technologies

BILT215

Bill Yoh — Co-Owner of Day and Zimmermann, Author, Chairman of Yoh Group

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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.

Mike Hagan — Founder, Operator, Investor and CEO of Hawk Capital

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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.

Bob Moore — Serial Entrepreneur and CEO of Crossbeam

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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.

More Episodes

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. The artificial intelligence behind their autonomous software platform has found commercial success in the mining industry, and Nader has plans to expand into the construction industry next. Nader explains how he ended up in the robotics and AI industry, the unique gap in the marketplace that Exyn addresses, and the business and revenue model of Exyn. Tune in to find out more about how Nader and Exyn Technologies are pushing the Philadelphia region into the future of robot technology.

Key Takeaways:

[3:23] Kevin does a speed round of five questions with Nader Elm.

[6:30] What does Exyn do?

[8:18] Who is Vijay Kumar, and how did Nader and he get together?

[10:32] Who was the initial investor of Exyn Technologies?

[11:25] What is PCI Ventures?

[14:21] How did Nader feel about the initial challenge of setting up Exyn Technologies?

[15:59] Who is Nader's market with Exyn? Who are the competitors, and how is Exyn different?

[19:56] How did Nader find his target market in the mining industry?

[22:15] What is the mining industry currently doing to solve its problem of not having a comprehensive map of the underground mines?

[26:47] Kevin and Nader discuss some other applications of the technology produced by Exyn.

[28:47] How does GPS work, and what is the system that takes its place in Exyn?

[33:01] What are some interesting areas of Exyn from an investor standpoint and from a customer standpoint?

[37:58] How does the drone know when its job is done?

[38:56] Nader highlights some other interesting and unique features that Exyn offers.

[42:09] Nader explains how a team of robots would operate together.

[44:49] What is Exyn's business model and revenue strategy?

[49:02] Exyn's next industry to expand into is the construction industry. What is unique about their solution that isn't being addressed by existing players?

[50:16] What is the level of detail that the drones are able to capture?

[51:36] How did Nader find the investors in his latest round of fundraising?

[54:00] How is Nader using the funds he has raised?

[54:49] Talent is a big part of the company. What is the structure of the company and how is Nader managing his team?

[57:46] How easy is it for Nader to find the talent that he needs?

[1:02:39] What is the culture of Exyn Technologies?

[1:05:40] Who are some of the influences in Nader's life that have impacted him?

[1:09:41] What are Nader's thoughts on whether entrepreneurs are born or nurtured?

Links:

Nader Elm

Exyn Technologies

Vijay Kumar