AZ Tech Roundtable 2.0
AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: http://aztrtshow.com/ Please Subscribe. Thanks for Listening. - More Info: https://www.economicknight.com/azpodcast/
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AI Assisted Healthcare Can Help Patients & Reduce Costs by AdviNow w/ James Bates - AZ TRT S05 EP27 (243) 7-14-2024
07/24/2024
AI Assisted Healthcare Can Help Patients & Reduce Costs by AdviNow w/ James Bates - AZ TRT S05 EP27 (243) 7-14-2024
AI Assisted Healthcare Can Help Patients & Reduce Costs by AdviNow w/ James Bates AZ TRT S05 EP27 (243) 7-14-2024 What We Learned This Week: AI Assisted Healthcare by AdviNOW - the future is now Goal is to reduce costs, help patients, streamline paperwork, & give the Dr more time to treat patients Software, AI, Coding = Tech Healthcare Healthcare industry is slow to change to adopt new systems for billing & paperwork Change the Healthcare industry with adoption by Big Providers Guest: James Bates, CEO AdviNow Medical James Bates is an accomplished CEO, entrepreneur, and board member who has created and led high-growth results for several technology companies. Presently, Bates is CEO and Founder of AdviNow Medical, the world’s first Artificial Intelligence and Augmented Reality driven patient journey platform that nearly eliminates the administrative burden of physicians and reduces the cost of healthcare by 65%. James conceptualized the idea, wrote the fundamental patents, raised the capital, recruited the team, and launched the company. Previously, James was an officer at Freescale / NXP responsible for the ~$1 billion revenues Analog and Sensor Group the world leader in self driving vehicle technologies. Earlier in his career, James founded the Asia Pacific region for Silicon Labs where he was responsible for driving growth that eclipsed $500M in just 3 short years. James serves on multiple boards and advisory boards. Among them is Position Universal a market leader in fleet tracking hardware and software systems where James serves as a fiduciary board member. OptionAgent.ai is a market leading volatility predicting AI that automatically trading hedge fund that delivers above market returns where he is a general partner. James also serves on the advisory board for Arizona State Universities College of Nursing and Health Innovation. James earned his Master of Science degree in Electrical Engineering, from Brigham Young University. He is fluent in Japanese, lived in Tokyo for twelve years, holds nine patents, has written for publications and been a speaker at many conferences. He resides in the Paradise Valley, Arizona, and enjoys family, sports, and particularly hiking. Company - Augmented Reality and AI – Software for patient experience Central AI Assistant Helps Before, During, and After the Visit A single vendor to collect, transform, and action all encounter data with the power of AI. We are on a mission to make healthcare accessible and affordable to all by eliminating clerical burden throughout the entire patient encounter Patient Intake – for healthcare, hospitals, urgent care, Dr office triage, etc Founded in 2016 to revolutionize healthcare through automation and artificial intelligence (AI), bringing top-tier technology and process design to patient engagement and provider consultation. Our mission is to enable providers to deliver the best on-demand experience while accelerating operations, and are focused on urgent care – an industry that does the same thing millions of times over, and arguably not very efficiently. AdviNOW started in fully automated retail clinics with a medical assistant and remote providers, and built the platform as a digital-first in-person or virtual care that eliminated any steps that AI could augment; however, the “digital front door” is the true problem to solve first. Expanded to a suite of products that work closely together, or work fine as standalone modules – both patient facing white-label solutions and care team-facing. Headquartered in Scottsdale, AZ, and part of the Mayo Clinic Innovation Exchange incubator. Notes: Seg 1 Healthcare cost are too high. There are opportunities to reduce cost using technology and software, as much as 50%. Why are the cost so expensive? There’s a large burden on the healthcare system with cost, and this problem has been going on for 30 years.Go back to 1990 and clerical work was 20% of a doctors job. Now it is 70% of their time. This is a massive burden and cost on healthcare overall. Talking efficiency, the number one way to reduce cost is to reduce the administrative burden and let the doctor get back to working with patients. To help patient stay healthy longer you need to document, what is going on with their health. Currently the doctor has to collect the data. There is much Admin bureaucracy with the coding for billing, and tracking for insurance companies. To pay the health bills, lots of admin paperwork and over 100,000 billing codes. Where is the money being spent? Insurance companies only want to pay certain codes. Healthcare industry has been slow to adopt technology. It is a simple problem that can be solved with a digital front door. Doctor offices do not communicate with each other. Systems like EMR or electronic medical records, are large databases with patients information. AI could be the solution. AdviNow has AI software to collect the admin data for patients. Keep health records up-to-date with current health literature, treatments, and outcomes. Easier to know the patient history, what labs they need, what imaging they need to get, sometimes even before they meet with the doctor. Then the doctor would do the consultation with the patient and confirm the data. Doctors can then suggest a treatment plan, and also use the AI software for recommendations. Can also do auto coding and notes for the medical records. Seg 2 James Bates is the soul founder of AdviNow. In the past, he ran a technology company on self driving cars. The business was sold. In 2016 James was looking into healthcare companies to acquire. As he reviewed the financials, he learned that the profit margins are very thin in healthcare. He reviewed a number of urgent care centers for a business contact. He did time studies and cost analysis. Measure how long parts of the business took to take care of and where the physician spent their time. Overall, the physician was 70% of the cost of the urgent care, but spent 60% of their time doing clerical activities. Very inefficient. AdviNow was created with the mission to use AI to streamline the healthcare industry. Doctor sees 2 to 3 patients in a day, and could theoretically see a lot more.AdviNow is an AI assistant. Doctor should analyze and document data, but not collect it. Lots of clerical work, needs to be streamlined. Understanding AI and how ChatGPT was built. Read the whole Internet and did a word count to remember all pages in the Internet and associate with words and data. AdviNowis an AI software program created different. Learns by natural language, interpret words and sentences from medical text and papers. Determine the relationship between medical literature. what are the relationships between words. They also hired a team of physicians to add an human element to the software. AdviNow right code, no prompt and this was created pre-ChatGPT. It is generative AI that was also trained on peer review literature.Use the AI assistant to ask questions to the patient. It is not the AI that asks the questions. Seg 3 Patient journey starts from home. Scenario 1 Analyze the different scenarios. Does the patient need to go to urgent care or doctor? If the patient needs to go to a doctor schedule an appointment and AI asks questions and does diagnosis at home to determine the severity. It’s a triage at home. what labs or imaging might be needed pre-doctor appointment. Then the doctor visit the patient is already available to the doctor. The doctor has all the info on visit one. AI would default to ER if emergency or patient does not like the AI process or needs to call 911. Scenario 2 Not urgent or upcoming visit could cut down long waits at ER. See a doctor at less cost and more efficient. Insurance companies benefit from the system and can increase premiums prior to cost rising. US government cannot keep cost from going up. You’re dealing with things like population health, demographics and different risk factors. There’s a fixed amount of money to treat patients and then the doctors office keeps the difference. Data and healthcare system to keep patients healthy vs sick. All the healthcare industry could benefit from AdviNow. Lower cost overall, and the process would be faster.Communication of patient records in the system, as doctor and specialist sometimes are in the same healthcare group and system. For example, United healthcare wants to tell you what specialist to go to and may be the cheapest vs Banner health may want you to send you to the most expensive. The system is not even how the healthcare companies work their process. Seg 4 Future of AdviNow if all healthcare used it, it would cost cut costs and make healthcare free per James. People like the old system, but could use AI to automate the process. This would get us back to the doctor and patient relationship improving while cost and administration go down. Healthcare is slow to adopt tech. Payers and healthcare demand efficiency. Cost and efficiency can be different. Question is if you have to invest and spend money to make money. Mayo clinic is currently an incubator with AdviNow working on a fall automation platform. HCA or Dignity Health are large companies that are losing billions $ a year. Need to invest now and tech and save money in the long term. Federal government could mandate doctors offices to adopt the tech. You don’t lose jobs in the short term, over the long term you certainly could lose some admin positions. Hospitals do not make money. Adoption of tech and software by large healthcare companies is a long-term solution. Not all companies are AI scribe. What is the ROI of the investment? AI does coding. Dr. sees more patients. Patient see Dr. faster. There is a better outcomes and the doctors office gets paid sooner. Biotech Shows: AZ Tech Council Shows: *Includes show from 2/12/2023 Tech Topic: Best of Tech: ‘Best Of’ Topic: Thanks for Listening. Please Subscribe to the BRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: ‘Best Of’ AZ TRT Podcast: Podcast on Google: Podcast on Spotify: More Info: KFNX Info: Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
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Options vs Stocks & Trading vs Investing w Tom Sosnoff of tastytrade Revisited - AZ TRT S05 EP26 (242) 7-7-2024
07/19/2024
Options vs Stocks & Trading vs Investing w Tom Sosnoff of tastytrade Revisited - AZ TRT S05 EP26 (242) 7-7-2024
Options vs Stocks & Trading vs Investing w Tom Sosnoff of tastytrade Revisited AZ TRT S05 EP26 (242) 7-7-2024 Things We Learned This Week · Implied Volatility & Time Decay – options begins with volatility, on a clock so Mechanics (forget mind set) on how to setup a trade is key · tastytrade is a media network based on Math (Probability & Statistics - Look at the Math), trading & focus on markets · Limited Profitability & Unlimited Risk when you Sell Puts w/ 80% chance of success - Be a Seller of Options – let Market beat you, slight edge · Trade Small, Trade Often - Law of Large Numbers w/ 45 DTE Strike Price of 1 SD – Exit or Roll at 21 DTE · Options Trading Teaches Life Lessons – Important to: take risks, learn to take risks, make quick decisions, be decisive about those decisions. Guests: Tom Sosnoff of tastytrade Tom Sosnoff, founder and co-CEO of tastytrade Tom Sosnoff is an online brokerage innovator and financial educator. Tom is a serial entrepreneur who co-founded thinkorswim in 1999, in 2011, in 2017, helped to launch the award- winning in 2019, and in 2020 he created the first new futures exchange in 20 years, Leveraging over 20 years of experience as a CBOE market maker, Tom is driven by the passion to educate self-directed investors. A true visionary, after his years on the floor he saw the need to build and design superior software platforms and brokerage firms that specialized in complex financial strategies. His efforts ultimately changed the way options and futures are traded and how digital financial media is produced and consumed. Currently, Tom hosts tastytrade LIVE and continues to drive innovation and know-how for the do-it-yourself investor. Tom has been named to Techweek’s Tech 100 list, Crain’s Chicago’s Tech 50, and has spoken at over 500 events across the globe. Tom received the Ernst & Young Entrepreneur of the Year Award and was been featured by prominent publications such as WSJ, IBD, Chicago Tribune, Crain’s Chicago, Traders Magazine, and Barron’s. --- About tastytrade, Inc. tastytrade is one of the most-watched online financial networks, engaging investors and traders across 165 countries with daily, live, cost-free and commercial-free programming with over 100 million hours viewed. tastytrade offers over 50 original segments for all levels of traders. tastytrade’s data-driven research-based content teaches a logical, mechanical approach to investing and identifying opportunities based on probability and volatility. Investors are continually challenged with financial math, humor, and new market perspectives. tastytrade and its companies focus on empowering the individual investor through content, technology, and know-how. tastytrade is the parent company to several innovative financial companies. tastyworks, a brokerage firm creating and leading a financial revolution for the do-it-yourself investor Notes: Bio – options trading in 1980s, CBOE market maker, then built 2 co’s tastytrade & tastyworks (broker platform), history c 2011 – media platform sold 2021, $1 billion bought by IG Group 2021, Tom stayed on, runs tastytrade. TD Ameritrade, and 2012 purchase of Think or Swim (was IPO, public) Partners – Tony Battista, Kristi Ross, Scott Sheridan Think or Swim – started in 2001 w/ 7 people and 5 still with Tom. 10 years, went public, purchased by TD in 2009, $1 billion stayed 2 years, then started tastytrade with TD CEO as investor. Think or Swim – learned as they went, education, content. Finance is missing good content, does not understand financial media and technical analysis. Efficient Market Theorist & efficient market pricing Media Network all math – quantitative and statistical logic. tastytrade 10 hours a day – live content. Focus on markets, math related and trading. Morning radio show about people working to make money, having fun, talks trading and Financial Mechanics Tony Battista, Tom Preston, are some of the 30 personalities total on-air. Talking math a lot, but Tom just ok at math. Jacob Perlman – math genius, Phd. tastytrade research team Audience is smart, challenge them don’t dumb it down. Capital Efficiency - Derivative (Options) Markets very efficient. Buffet Options Strategy – selling Puts, profit of $ billions, rarely discussed Markets are 50/50, generally. S/T markets are emotional, can be over bought or oversold, but Tom trusts prices over L/T. No one knows direction of market and where price is going on stocks and market direction , 50/50 is a guess. Market is random with side of emotion, not a perfect distribution curve. Positive drift in market, market goes up over Long Term L/T More deviations vs. a model. Does not believe in traditional investor education Empower power with lots of info, not teaching people Content marketing in house, media to masses Stocks can go down, have to experience it Fear size (of a trade) - one thing Tom fears is size, bet big and wrong, large failure When Genius Failed (a book) - trades too big (leverage), collapsed the company Law of large numbers – do something enough times, end up with expectation. Trade a lot with 70 - 80% probability outcome. Learn options by doing options Casino games have negative edge – can’t win, can never get ahead. Just for fun. Options trading teaches life lessons – Important to: take risks, learn to take risks, make quick decisions, be decisive about those decisions. Take risks to do something special Brain processing, faster than competition Working hard not enough Make a lot of decisions, learn to take risk and increase brain processing speed. Manage risk in life, finance and work probabilities, hard to predict things Day 1 in Options – Mechanics most important thing to understand Mindset is BS, no emotional side to trading, no mindset to math. Mindset just a sales tool, that Financial world sells. Mechanics has strategy within it. Cannot manage positions or risk post trade. Need mechanics to set up trade right. Traders could be nice or mean, but all good ones make fast decisions before you even heard question. Trade plan – if goes this way, I will do this. Options – learn by doing; learn mechanics by doing a little at a time. Volatility – majority starts and ends with volatility with few exceptions. Implied volatility & Time Decay – always on a clock, option will expire Stock Trader - out wait your enemy, patience. Trader plays short volatility game. Enter trade – implied volatility rank is high Trade favorable, expected volatility move is high. Rank relative to itself, it’s inflated and has potential to contract. Volatility is a math equation and will mean revert. Price is not a math equation, does not need to revert to some number or average. Tom would rather be a seller of options vs a seller, small advantage, likelihood of contraction after expansion. Fear has expanded, better chance to contract vs expand more. Analogy: own stock, own the asset. Sell options, collecting income (rent) on the assets. Sell covered calls, or out of the money put. Put – limited upside, unlimited downside, but 70% chance of profit. Put up $200 for $100 profit with 70% chance Put up $1000 for unlimited profit with 50/50 chance Have a choice – think through probabilities and bank roll. No math equation can tell you the right answers for sure. Tom back tests – selling out of money puts of S&P index out performs buying index with dividends, Use less capital, lower volatility in your P&L, make more money. More conservative strategy Trade more, and small with higher percentage of success. 45 day position – DTE Days to Expiration. 21 day DTE is exit day per Tom, exit early after 24 days. Adjust, roll or close position. Increase probability to be profitable. Reduce outlier risk almost to 0. tastytrade spent millions on research Manage trades and exit early is mechanics, can always exit at 21 DTE 45 day position, 24 days in (21 DTE), make a decision – adjust, roll, close, extend contract (add duration) –roll Start new position 45DTE, buy more time at 21 DTE, move it no matter what work to be close to 50% at 21 DTE Casino Analogy – bet $100, won $50, take money and end bet. tastytrade content goal is: create methodology and strategies to have positive environment for self directed investor, requires time and resources. Learning curve faster now, can learn in a few months or a few years. 6-10 strategies Tom likes, short strangle – simultaneous sale of a call and a put. No tech analysis or charts, just watch screen. Price Action / Liquidity – trading hundreds of millions per day. Very liquid assets, very liquid underlyings (ir – Apple, Tesla, Indexes) does not trade non-liquid (microcap) Tom could do 60 trades a day (had 14K trades in 2021) On day of interview, did 110 trades. Self described “Trading Junkie” Account size in tastytrade - $25K average . Reserves – 50%, $12.5K in reserve. 1-3% of account size on a particular trade ($250 per trade), 5% on high and 1/5 size of a stock. Tom does not believe in option levels of industry. No noise, no CNBC or Bloomberg news. No (zero) belief in newsletters or trading bots, trading education is over rated. All tastytrade content is free, videos, newsletter, etc. Trade fees are low, $1 per, Tom does factor fees or taxes. Most options income is ordinary income - 1256 B tax – max of 25%. L/T 40%, S/T 60% Stocks are usually capital gains (20%) in taxes Trades – 80% of business in under-lyings (standard big stocks / indexes) 1 STD – 16% of getting to that level, 2 STD - 5%, 3 STD – 1% 1 STD is Delta, Tom likes 16 – 22% Greeks – know Delta & Theta (can also learn Gamma, Vega) Directional Risk – rate of decline or time decay – Theta Change in price of option vs. stock – Delta, premium making or losing daily. Per Tom – need to trade more. Trade small, trade often. Counter thinking to stock trading of buy & hold. Per Tom, stock trader can evolve to an options trader with 1 downturn in market. Buy & Hold stock investor (passive) is a ‘knuckle dragger’, does not have the appreciation for capital efficiency - Stock investor ‘just hasn’t evolved yet’ – gotten to next level. Casino Games analogy – enter a casino, we have all these games, but you can just play the slots (buy stocks) Grow and realize capital efficiency of options indifferent to products and strategy. Tom owns stocks but trades options, crypto, stocks Facilitate opportunity. No limits, no fences. House Analogy - big meter in front of house, with home price & appreciation shown daily on the side of the house, no one would own a home. We don’t teach our kids to be passive, follow crowd and not think – don’t be passive with your money. Financial service firms and media convinced masses ‘buy & hold’ and we’ll handle the rest - Don’t be ‘only passive’ Future of investing is more than check a few boxes. Differences in asset classes Final takeaway – life is short and goes by fast. Get comfortable taking risks and experiencing risks. Good Luck to Tom with his 500 trades this week. Clips from: Options vs Stocks & Trading vs Investing w Tom Sosnoff of tastytrade - BRT S03 EP14 (113) 4-3-2022 Full Show: Tech Topic: Best of Tech: Investing Topic: ‘Best Of’ Topic: Thanks for Listening. Please Subscribe to the BRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: ‘Best Of’ AZ TRT Podcast: Podcast on Google: Podcast on Spotify: More Info: KFNX Info: Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
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Composting Helps the Environment, The Palm Bin w/ Manali Yavatkar - AZ TRT S05 EP26 (241) 6-30-2024
07/06/2024
Composting Helps the Environment, The Palm Bin w/ Manali Yavatkar - AZ TRT S05 EP26 (241) 6-30-2024
Composting Helps the Environment, The Palm Bin w/ Manali Yavatkar AZ TRT S05 EP26 (241) 6-30-2024 What We Learned This Week: · Composting is good for the environment, providing nutrients for soil. · The daily process of collecting your food waste for composting is difficult, messy, & stinky. · Palm Bin is a refrigerated composting appliance that makes the process easy, & looks nice on your counter. · Long-term the composting process can be as simple as putting out your trash or recycling Guest: Manali Yavatkar Website: California conscious entrepreneur Manali Yavatkar is leading a new Gold Rush with . A smart appliance for compost collection, Palm Bin preps food waste for nutrient rich “Black Gold compost.” It easily prepares the food waste for residential city curbside collections, recycling centers and private community compost groups. This breakthrough appliance was created to target the 93,200,000,000 pounds of food waste that are sent to landfills from our homes each year, where it produces 20 billion pounds of methane. A Greener Bin from Initial Design to Purpose Palm Bin allows users to collect food scraps for composting without the smell and mess, while maintaining the moisture and microbes in food. Its innovative cooling tech uses thermoelectric semiconductors to keep food scraps cold and stop the growth of odor-causing bacteria. Ultimately, Palm Bin eliminates those nuisances associated with food waste recycling including: Odor and mess Fruit flies and other pests Need for frequent cleaning High energy usage required to grind and dehydrate food scraps Notes: Seg 1 Food waste is common problem. Where does it go? It’s delivered to a landfill which is very compact. The breakdown of the food waste makes methane. This enhances the climate change problem. Composting breaks down food, and you divert the waste from a landfill to use in soil. There’s a potential issue where we could run out of potting soil in the next decade plus. Compost can be an additive to potting soil. It adds nutrients and helps reduce erosion. It also helps keep water in the soil, so then you could use less water for plants. It is common to see curbside compost collection, especially on the west coast. Just like recycle or trash pick up, a separate green bin is provided by the city to pick up once a week Currently when people are doing composting, they put their food in a separate bin which sits at room temperature. It stays warm and then you grow fruit flies. It also does not smell good. Palm Bin is a composting appliance product, which sits on your countertop. It looks good plus holds all organics. It keeps them cool and comes with a liner for the bin. Easy to clean and maintain. Composting process is a weekly pick up and is taken to a facility to be composted at scale. They create massive piles of food, waste and brown matter. Food waste creates nitrogen. You’re looking to use the brown matter for the carbon part, this could be sawdust, cardboard, or leaves. You also need 40 to 60% moisture so microbes break down the compost. Heated up during the process and it takes about 2 weeks. You also need venting for oxygen air rating. Seg 2 Manali Bio: she’s from Portland, Oregon, and a Columbia grad in biomedical engineering. She studied equipment and products. Out of college she became a data scientist for a healthcare startup. When she was a San Francisco resident, she was first introduced to composting. It was a messy smelly process, so she was looking for a solution and could not find one. Typically people kept their food waste in the fridge, which is not a great plan. Manali built a prototype and tested it with lots of stinky food like fish Palm Bin is very well designed, and easy to empty. Has a removable caddy. The interior holds the liner and the caddy. You just carry the caddy to an outside bin. You can clean in a dishwasher. Has removable parts like the lid, to be easy to clean. There are two groups of people trying composting. It’s either too smelly and a bad experience, or they have not tried it yet because they assume the process is a pain. Palm Bin interviewed 80 customers to check the user experience, to confirm it is easy. Is just as easy as putting trash in a bin Cost is $249, like a high-end appliance. They have a good repair program and sustainable parts. Company set up as a team of five, with Manali as the only full-time employee. Currently, it’s a direct to consumer product sold online. Down the road they could go into retail. Other options to work with commercial customers like apartment buildings who have ESG goals, and want to get rid of food waste and do composting. Looking for customers who have a personal experience with the problem and are more prone to want to do composting and work with the environment. Seg 3 Website: Presale.palmbin.co They created a prototype in 2023, and have been testing the product in 2024. They did a kickstarter platform. This is good because customers are first to use and test it. April 2024 the kick starter goal was funded. They do pre-orders prior to manufacturer, raising funds. Then you do the manufacturer part where you have to design the product for tooling and prototypes. This is done in the USA, and is quicker with shipping. They’re using sustainable materials and making a high-end product. Expected delivery for the kickstarter customers is December 2024. Currently with kickstarter they’re still doing a late raise of funding so people can still order. They’re also raising funds through friends, family, and some investors. Expectation to move on to Angel Investors, Family Offices and micro venture capital or VC interested in consumer hardware. Palm Bin is building products that help you waste less. Their goal is to reduce waste. When you consume anything, that equals waste. You have products in a lifestyle that track your waste so you can do diversion and lower your waist. You can’t know the numbers if you don’t measure what you’re doing. Palm Bin is a Linked product IOT with an app. It sends data to the cloud to measure waste. Biotech Shows: AZ Tech Council Shows: *Includes show from 2/12/2023 Tech Topic: Best of Tech: ‘Best Of’ Topic: Thanks for Listening. Please Subscribe to the BRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: ‘Best Of’ AZ TRT Podcast: Podcast on Google: Podcast on Spotify: More Info: KFNX Info: Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
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Space & Satellite Business Tourism, Communications, & Rockets - AZ TRT S05 EP25 (240) 6-23-2024
07/03/2024
Space & Satellite Business Tourism, Communications, & Rockets - AZ TRT S05 EP25 (240) 6-23-2024
Space & Satellite Business Tourism, Communications, & Rockets AZ TRT S05 EP25 (240) 6-23-2024 What We Learned This Week: · Business Model of Space is expanding, from Satellite delivery, to rockets, to space tourism, to future colonies on the Moon & Mars. · Satellite Communication and technology industries, expanding by the day · Long-term, both cell phones and Internet may be delivered worldwide via satellite · Space Aviation companies improving Rocket technology to put more satellites in the orbit at a lower cost Notes: Seg. 1 Rocket Lab Bio US Aerospace company Rocket Lab is developing a world-first launch vehicle to deliver satellites into orbit cheaper and faster than ever before. Rocket Lab announced today its plan to revolutionize the global space industry with the creation of Electron, a lightweight, cost-effective rocket, making it easier for companies to launch small satellites into orbit. Rocket Lab is building the world’s first carbon-composite launch vehicle at its Auckland, New Zealand facility. The development of Electron will reduce the price of delivering a satellite into orbit. At a cost of less than $5 million dollars, this represents a drastic cost reduction compared to existing dedicated launch services[1]. The lead-time for businesses to launch a satellite will also be reduced from years[2] down to weeks through vertical integration with Rocket Lab’s private launch facility. Rocket Lab has already garnered strong commercial demand with commitments for its first 30 launches. Rocket Lab’s principal funder is top-tier Silicon Valley venture firm, Khosla Ventures, which has a long track record of backing breakthrough technologies that revolutionize industries. Vinod Khosla, founder of Khosla Ventures, says it is exciting to see to the technology and innovation coming out of Rocket Lab. “We are thrilled to be investing in the next chapter of Rocket Lab’s development as they drive down the cost of launch vehicles to provide greater access to space,” said Mr. Khosla. “The company’s technical innovations will truly transform the space industry.” About Rocket Lab Rocket Lab is an aerospace company founded in 2006 by New Zealander, Peter Beck. The company is focused on delivering innovative, high quality technologies to the space industry. Rocket Lab was created to cater to the growing requirement within the international market for fast, low cost methods of delivering payloads to space. Since inception, the company has successfully developed a number of leading rocket-based systems, from sounding rockets through to new advanced propulsion technologies. Rocket Lab is an American company with a subsidiary and head office in Auckland, New Zealand. Rocket Lab was the first private company to reach space in the southern hemisphere in 2009 with its Atea 1 suborbital sounding rocket. Following this success the company won contracts with aerospace giants Lockheed Martin, DARPA and Aeroject Rocket-dyne. Who are rocket Labs' competitors? The main competitors of Rocket Lab USA include AST SpaceMobile (ASTS), Hub Group (HUBG), Walker & Dunlop (WD), Matterport (MTTR), Joby Aviation (JOBY), Air Transport Services Group (ATSG), ChargePoint (CHPT), Forward Air (FWRD), Park-Ohio (PKOH), and United Parcel Service (UPS) Market Cap: Rocket Lab $2.2B vs. Hub Group $2.7B SapceX Space Exploration Technologies Corporation, commonly referred to as SpaceX, is an American , and company headquartered in . The company was founded in 2002 by with the goal of reducing space transportation costs and ultimately . The company currently produces and operates the and rockets along with the and spacecraft. The company offers internet service via its subsidiary, which became the largest-ever in January 2020 and, as of April 2024, comprised more than 6,000 in orbit. How does SpaceX make money? SpaceX is an American aerospace manufacturer and space transport services company founded in 2002 by Elon Musk. The company’s mission is to revolutionize space transportation and eventually enable the colonization of Mars. One of the primary ways that SpaceX makes money is through contracts with government agencies and commercial customers for launches of its Falcon 9 and Falcon Heavy rockets. SpaceX has a backlog of over 100 launches, with contracts from both government and commercial customers. The company’s contracts with government agencies, such as NASA, have been particularly lucrative, with SpaceX receiving billions of dollars in funding to develop and launch rockets for various missions. In addition to launch services, SpaceX also makes money through the production and sale of satellite hardware. The company manufactures a range of satellite products, including the Starlink satellite constellation, which is designed to provide high-speed internet to remote and underserved areas around the world. The Starlink constellation currently consists of over 1,000 satellites, with plans to eventually have over 12,000 in orbit. SpaceX generates revenue from the sale of hardware and services to customers that use the Starlink system. Another way that SpaceX makes money is through research and development contracts. The company has received funding from the government and private organizations to develop new technologies, such as its Raptor rocket engine and its Starship spacecraft. These contracts provide SpaceX with a steady stream of revenue and help the company advance its goals of developing reusable rockets and enabling human spaceflight. SpaceX also generates revenue from its launch facilities and other assets. The company operates launch sites at the Kennedy Space Center in Florida and at Vandenberg Air Force Base in California, as well as a facility in Texas where it tests its rocket engines. SpaceX also owns a number of other assets, including a fleet of cargo ships and recovery vessels that it uses to support its launches and recover rocket boosters. Blue Origin Enterprises, L.P., commonly referred to as Blue Origin is an American , government contractor, and company headquartered in . The company makes for 's and manufactures their own , , , and . The company is the second provider of lunar lander services for 's and was awarded a $3.4 billion contract. The four rocket engines the company has in production are the , , and the . The organization was awarded the in 2016 for demonstrating rocket booster reusability with their Rocket Program. The award is administered by the and is presented to those who have made "the greatest achievement in or in America, with respect to improving the performance, efficiency, and safety of air or space vehicles, the value of which has been thoroughly demonstrated by actual use during the preceding year." Industry forces Here we can analyze our supply chain — the ISS. Not only will other governments be able to take a ride, but anyone with the budget and a business plan, could launch a business from the ISS. Other considerations: Competitors: Governmental Organizations such as NASA, ESA, and more than 9 countries have orbital launch capabilities. New Entrants: Private Companies such as SpaceX, Blue Origin, Virgin Galactic, Bigelow Aerospace, Stratolaunch, Rocket Lab, and Planetary Resources to name a few. Supply Chain: NASA recently announced that the International Space Station will be open for commercial business for an approximate cost of $52M. Starting in 2020, Astro-preneurs with deep pockets can use the ISS for off-earth manufacturing, research or tourism. A rocket company at the core, Relativity Space is on a mission to become the next great commercial launch company. With an ever-growing need for space infrastructure, demand for launch services is continuously outpacing supply. Our reusable rockets can meet this demand, offering customers the right size payload capacity at the right cost. Using an iterative development approach, we are strategically focused on reducing vehicle complexity, cost, and time to market. Our patented technologies enable innovative designs once thought impossible and unlock new value propositions in the booming space economy. Seg. 2 Space Tourism August 10, 2023 TRUTH OR CONSEQUENCES, N.M. (AP) — Virgin Galactic rocketed to the edge of space with its first tourists Thursday, a former British Olympian who bought his ticket 18 years ago and a mother-daughter duo from the Caribbean. The space plane glided back to a runway landing at Spaceport America in the New Mexico desert, after a brief flight that gave passengers a few minutes of weightlessness. This first private customer flight had been delayed for years; its success means Richard Branson’s Virgin Galactic can now start offering monthly rides, joining Jeff Bezos’ Blue Origin and Elon Musk’s SpaceX in the space tourism business. “That was by far the most awesome thing I’ve ever done in my life,” said Jon Goodwin, who competed in canoeing in the 1972 Olympics. Goodwin, 80, was among the first to buy a Virgin Galactic ticket in 2005 and feared, after later being diagnosed with Parkinson’s disease, that he’d be out of luck. Since then he’s climbed Mount Kilimanjaro and cycled back down, and said he hopes his spaceflight shows others with Parkinson’s and other illnesses that ”it doesn’t stop you doing things.” Ticket prices were $200,000 when Goodwin signed up. The cost is now $450,000. The 5 space stocks investors need to watch - Mon, Jun 24, 2024 The space industry is counting down to lift off with Many space-related companies have profited off this new space race, giving new avenues for investors to add this sector to their portfolios. So which space related stocks should investors at least be keeping their eye on right now for potential investment here? The first on the list is intuitive machines. LUNR This is an infrastructure play. The company made history back in February, its commercial lander. Odysseus successfully landed on the moon. The stock had skyrocketed leading up to the landing, but subsequently crashed when the lander permanently faded with no chance of waking up on the moon. The landing paved the way for some future missions, including one slated for late this year. number two on the list is Iridium, a commonly viewed company as a satellite phone company with a network built for mobile applications. Iridium Communications Inc NASDAQ: IRDM Whether that be on devices that people are using or the Internet of things, Iridium boasts that it's the only network that has 100% Earth coverage where it's delivered. The company is profitable as it's been around for more than 25 years. Number three on the list is Planet Labs, the company found by three NASA scientists. - Planet Labs PBC It designs, builds and operates the largest earth observation fleet of imaging satellites.It has over 1000 customers, including entities involved with agriculture, forestry, education and government agencies. Heightened security needs, increased sustainability and global climate risk are some of the trends that have been driving demand for their earth imaging. number four is spire global. SPIR This is a Data and Analytics company that uses satellites to collect information from space. Think whether ocean winds, shipping information and anything else that can be observed from space. The company has over 800 customers from about over 50 countries. About half are from governments.The other half come from commercial entities. number five on the list is Rocket Lab. The Rocket launch service company launched its 50th electron rocket in June. Electron has become the landing commercial small launch vehicle in Western countries, and the company remains on track for another year of record electron launches during Rocket Lab UH, it's their May earnings management mentioned. The company was awarded a second mission from the US Space Force for a space test programme that's carrying out research and experiments for the Department of Defence. space ETF UFO started in 2019, and that focuses on companies that are significantly engaged in the space industry. So it includes companies from around the world, not just the US, and its fund invests in at least 80% of its Net assets and those companies that derive at least half of their revenue or profit from space related businesses. Ark Invest Arc X that was started in March 2021 at the height of the market. The fund aims at providing exposure to companies involved in space related businesses like reusable rockets, satellites, drones and other sub or aircrafts. Large cap stocks are the most common holdings of that, ETF represented about 40 42% of the portfolio.Medium cap represents about 31% and the rest are small cap and then you've got the spider, S and P Aerospace and Defence X they are. It is an ETF focus on aerospace and defence, just like the name sounds it launched in 2011. And funds largest holdings include Arrow Environment, for example, a defence company that manufactures drones and unmanned vehicles. LUNR Stock Alert: Intuitive Machines Nabs NASA Contract By , InvestorPlace Contributor Apr 4, 2024 Intuitive Machines () stock is trending after NASA awarded the company a contract. Under the deal, Intuitive will help develop a Lunar Terrain Vehicle for an upcoming trip to the moon. The company successfully landed on the moon back in February, deploying “payloads and commercial cargo” on behalf of NASA. Intuitive Machines (NASDAQ:) is trending on social media and business news websites as LUNR stock moves up today. Shares of the company are up almost 4% as of this writing. This comes after Intuitive Machines won a NASA contract to support the agency’s efforts for a mission to the moon. Intuitive will be a for NASA’s Artemis campaign, which is slated to include human exploration of the moon. Intuitive Machines will receive an initial payment of $30 million as part of the contract. LUNR Stock: Intuitive Machines’ Contract From NASA Under the agreement, Intuitive Machines will help complete a “Lunar Terrain Vehicle Services Feasibility Assessment.” The LTV feasibility roadmap will also utilize Intuitive’s Nova-D cargo-class lunar lander. The company will work on the LTV plans with a number of partners. These include Boeing (NYSE:), auto supplier Michelin (OTCMKTS:) and huge defense contractor Northrop Grumman (NYSE:). NASA plans to spend a max total of on the LTV. More About Intuitive Machines Intuitive Machines reports itself to be the “only United States commercial company to deliver science and technology data from the surface of the Moon.” On Feb. 23, the company and deployed “five NASA payloads and commercial cargo.” Intuitive was first launched in 2012 by co-founder, President and CEO , who was previously the Deputy Director of NASA’s Johnson Space Center. Meanwhile, co-founder and Chairman previously “held numerous technical and management positions” at Lockheed Martin (NYSE:), Ford Aerospace and Loral. Rocket Lab Stock: Weakness Is Opportunity Jun. 25, 2024 When it comes to investing in small companies successfully, investors need to be ready to go through periods where improvements to company fundamentals will yield little to no returns. Rocket Lab's stock has declined despite promising developments, including a $515 million government contract and a new deal with Synspective for 10 Electron launches. Rocket Lab's pipeline is strengthening with new contracts, and the company's Space Systems business is expected to drive growth. Rocket Lab's fundamentals are improving, with revenue expected to accelerate to over $430 million this year and high double-digit growth projected for the next five years, potentially leading to profitability by 2027. Clips used from Past Shows in Seg 1: Stock Investing Info from Earnings Hub w/ Hamid Shojaee AZ TRT S05 EP23 (238) 6-9-2024 What We Learned This Week: Earnings Hub is a platform where you can find all the information on a company, when their earnings are coming out, & quarterly calls Earnings info for Public Co’s is often hard to find, and the income for stocks is crucial to the price Hamid is a long term investor like Buffet, more of buy and hold of good stocks, only owns 8 stocks Concentration Builds Wealth – Diversification Preserves it. Looking for companies that can grow 10x over the next few years, and this is hard with massive companies worth $ trillions like Apple or Microsoft Another company Hamid likes is called Rocket Lab. Stock is $4 and they have a Market Cap of $2 billion vs a competitor like SpaceX valued at $180 billion. Just like SpaceX, Rocket Lab will be putting satellites into orbit. He’s a big fan of Rocket Lab, which is in competition with SpaceX and its subsidiary Starlink providing satellite internet. This is all about putting satellites into space. Curious to see if Amazon Jeff Bezos space company, Blue Origin will be in the mix later. Full Show: BRT S03 EP25 (124) 6-12-2022 – BRT in Space with Satellite Components by Spirit Electronics w/ Marti McCurdy Things We Learned This Week • Spirit Electronics is veteran and women owned tech company providing satellite components to Aerospace and Defense industries • Satellites in Low Earth Orbit – need components built to resist extreme temperatures and still function as expected when built - Radiation Testing – stress test, thermal, pressure • Working with top Defense Contractors, Raytheon, Boeing, Lockhead Martin, helping create products used in Government contracts • Space is on a Comeback – from SpaceX, to Blue Orbit, Space Florida & Kennedy Space Center, now let’s talk Space Junk, Satellite Crash, Launch Ops – launch at right time, right orbit, right space • AZ is becoming a Tech Hub: Semiconductors, Aerospace, Defense, EV, Autonomous, AZ Tech Council to Tech Incubators Guest: Marti McCurdy - CEO of Spirit Electronics Marti McCurdy, owner and CEO of Spirit Electronics, is a veteran not only of the semiconductor business but also of the United States Air Force. Marti’s focus as CEO is to serve the aerospace and defense industry for high reliability components. She exercises her engineering knowledge of space qualified flows and sophisticated testing to deliver flight class devices. Throughout her career as a business owner and most recent position as VP, Marti’s goal is to bring her high standard of customer service and cultivated relationships to serve the aerospace sector she is so familiar with....
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Stock Investing Info from Earnings Hub w/ Hamid Shojaee – Part 2 - AZ TRT S05 EP24 (239) 6-16-2024
06/21/2024
Stock Investing Info from Earnings Hub w/ Hamid Shojaee – Part 2 - AZ TRT S05 EP24 (239) 6-16-2024
Stock Investing Info from Earnings Hub w/ Hamid Shojaee – Part 2 AZ TRT S05 EP24 (239) 6-16-2024 What We Learned This Week: Earnings Hub is a platform where you can find all the information on a company, when their earnings are coming out, & quarterly calls Earnings info for Public Co’s is often hard to find, and the income for stocks is crucial to the price Hamid is a long term investor like Buffet, more of buy and hold of good stocks, only owns 8 stocks Concentration Builds Wealth – Diversification Preserves it. Looking for companies that can grow 10x over the next few years, and this is hard with massive companies worth $ trillions like Apple or Microsoft Guests: Hamid Shojaee Hamid talks all thing AZ tech, Startups and what the world of an Angel Investor really looks like. His 2 decades + of experience is laid out, from starting and running software companies, plus exited the industry to now an Angel Investor mentoring the next generation of Startups. Hamid (Founder of and ) has always had a passion in helping Arizona's up-and-coming tech talent. Since 2010, Hamid has been involved with various AZ tech initiatives, including bringing tech founder and CEOs together, investing in startups and helping push the #YesPHX community forward. Axosoft – software tools for software development PureChat – live chat software for websites Hamid is a 20 year + software veteran who’s built four different multi-million dollar SaaS products in the last twenty years. He recently sold two software companies, Axosoft and Pure Chat, and has been advising and investing in Arizona-based startups for nearly a decade. He recently announced he’ll be investing $10 million in promising Arizona tech startups. Hamid is also host of the AZ Tech Podcast, where he interviews Arizona’s most successful founders, investors and doers. What is Savvy Trader? Create Create a virtual portfolio of your stocks and crypto. Buy or sell your investments at any time to keep your portfolio up to date. Share Share your portfolio for free, or set a price, for your followers to get access to your portfolio and notified about your trades. Notify Notify your subscribers when you make a trade. Savvy Trader will send a text or email to everyone subscribed to your portfolio. Savvy Trader is on a mission to make investment information more accessible. Learning about stocks and crypto can be intimidating and overwhelming with incredibly high levels of noise and very little signal. Savvy Trader helps solve this problem in two ways: Create and trade stocks and crypto in a safe virtual portfolio environment. The Savvy Trader virtual portfolios work a lot like a real brokerage account, except the trades are not real, allowing users to experiment and learn. Portfolio Creators can also share their virtual portfolios. A great way to learn about stocks and crypto is to see the virtual portfolios of others, see the actual performance of those portfolios as if they were real, and learn about the reasons behind the creators decisions for buying or selling each holding. So go ahead, create a virtual portfolio and share it with the world. Speaking of, I have a Savvy Trader virtual portfolio myself. Truth be told, I wanted to create Savvy Trader for myself as an easy way for me to consolidate my holdings in multiple accounts into a single virtual portfolio that represents my actual investments, and I wanted an easy way to share my portfolio details with friends and family. You can subscribe to my portfolio below - it's free! Notes: Savvy trader a website created by Hamid for portfolio sharing. You can see what stocks other people are buying. You can also create custom portfolio as well as build an audience. They pay creators $25 a month. Under the Savvy Trader brand, they created Earnings Hub, which gives the quarterly earnings reports of Companies and their stocks. You can get a summary of the quarterly calls, analyst expectations, analyst analysis, the actual earnings, and the calendar on when the earnings come out. Hamid is a long-term investor who looks for growth, earnings, and earnings validation. The old mantra of, trust but verify. He is definitely a fundamental investor like Buffet, who looks at the numbers of the company. Also believes in companies who make investments in R&D. Looking for great companies with a growing Market Cap. Part 2 Another company Hamid likes is called Rocket Lab. Stock is $4 and they have a Market Cap of $2 billion vs a competitor like SpaceX valued at $180 billion. Just like SpaceX, Rocket Lab will be putting satellites into orbit. Over speculation on a stock, and making a problem more than it is, can hurt a stock price. This can create opportunities, if it’s a good company, can withstand the short term problems. Investors need to see through those problems, and see how serious it is. What will be the short term cost to the company. You want to buy good companies, at a great price. Stocks in 2022 at a great price, lots of opportunities. In 2024, stock price is high. It’s now just a good price even though the company still good. A good investor can take advantage of short term volatility. An example of this. is Tesla. That has both benefited, and then sometimes been hurt by volatility. The story behind Tesla sometimes is a growth story based around EV cars, and the mystique of its CEO Elon Musk. On the downside, when he does some controversy on Twitter, it can hurt the stock. 2023 into 2024, Tesla is facing some issues with slowing growth. Hamid believes that the story of Tesla is actually helping to prop up the stock. Elon Musk has diversified through the years, not only is their Tesla, now owns Twitter, he owns SpaceX, and has moved into NeuroLink. Savvy trader, you can share your portfolio. Anyone who joins can see her needs portfolio. Once you make a change on a stock, it is shared in real time. Part 2 - OT When do you sell? Try to sell high, when stocks are at prices of euphoria and take some profits. Take money off the table. For example, Hamid has been trimming Netflix stock holdings as the price has gone up. He’s also trimmed some of his Meta-Facebook stock, as it had grown to 30% of his portfolio. He is even trimming Robin Hood, even though he thinks the stock has more potential to run up. Hamid monitors about 20 stocks, and then will buy one or two. He’s a big fan of Rocket Lab, which is in competition with SpaceX and its subsidiary Starlink providing satellite internet. This is all about putting satellites into space. Curious to see if Amazon Jeff Bezos space company, Blue Origin will be in the mix later. One book Hamid likes is Innovators Dilemma by Clayton Christiansen, that discusses the problem of disruption from smaller companies. Culture of successful Company typically is it married to their current business model and technology. Rarely do innovators innovate a second time. They become a prisoner of their current business and cannot see what the next stage is going to be. For example - Kodak originally had the digital camera, but was stuck in their current business model, and did not become a leader in that technology. Have to see what’s going to be the next phase of some big tech companies like Google or Amazon, what do they have on the radar? Amazon seems to be moving into AWS and AI. Google with Bard is also moving into AI to get a better search engine. It’s a lot harder for a $1 trillion company like Microsoft to have massive growth. Hamid is looking for stocks that are worth multi billions versus hundreds of billions. The stocks then have the potential for 5 or 10X growth. A division of SpaceX is Starlink. They are giving satellite Internet feeds to rural areas. This is a disruptive technology versus companies like AMT American Tower and the cell tower business or traditional fiber optic Internet. They are launching 20 satellites per week and growing the business. MB Host on Disruption – Reference Show: Create Your Investing Profile & Share It on Savvy Trader w/ Hamid Shojaee BRT S03 EP58 (157) 11-20-2022 What We Learned This Week Savvy Trader allows you to share your portfolio Investing Track Record - see how people actually invest & their results Why Software is Such a Good Business Model, Build 1x, sell multiple X VCs want to see Traction in Startups Cost of Customer Acquisition (CAC) & Long term Value of a Custer (LTV) are critical in scaling a startup long term, how much does it cost to get a customer, and how long do you keep them Full Show: Hamid of AZ Tech Beat on Technology, Software, Startups & Angel Investing in Arizona - BRT S02 EP 37 (84) 9-12-21 5 Things We Learned This Week... Difference of Angel Investing vs Venture Capital Working With & Advising a Startup Valuations of Tech Co's vs Standard Business Why Software is Such a Good Business Model Importance of Teams in Software Co's Guests: Hamid Shojaee AZ Tech Beat Full Show: Tech Topic: Best of Tech: Investing Topic: ‘Best Of’ Topic: Thanks for Listening. Please Subscribe to the BRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: ‘Best Of’ AZ TRT Podcast: Podcast on Google: Podcast on Spotify: More Info: KFNX Info: Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
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Stock Investing Info from Earnings Hub w/ Hamid Shojaee - AZ TRT S05 EP23 (238) 6-9-2024
06/13/2024
Stock Investing Info from Earnings Hub w/ Hamid Shojaee - AZ TRT S05 EP23 (238) 6-9-2024
Stock Investing Info from Earnings Hub w/ Hamid Shojaee AZ TRT S05 EP23 (238) 6-9-2024 What We Learned This Week: Earnings Hub is a platform where you can find all the information on a company, when their earnings are coming out, & quarterly calls Earnings info for Public Co’s is often hard to find, and the income for stocks is crucial to the price Hamid is a long term investor like Buffet, more of buy and hold of good stocks, only owns 8 stocks Concentration Builds Wealth – Diversification Preserves it. Looking for companies that can grow 10x over the next few years, and this is hard with massive companies worth $ trillions like Apple or Microsoft Guests: Hamid Shojaee Hamid talks all thing AZ tech, Startups and what the world of an Angel Investor really looks like. His 2 decades + of experience is laid out, from starting and running software companies, plus exited the industry to now an Angel Investor mentoring the next generation of Startups. Hamid (Founder of and ) has always had a passion in helping Arizona's up-and-coming tech talent. Since 2010, Hamid has been involved with various AZ tech initiatives, including bringing tech founder and CEOs together, investing in startups and helping push the #YesPHX community forward. Axosoft – software tools for software development PureChat – live chat software for websites Hamid is a 20 year + software veteran who’s built four different multi-million dollar SaaS products in the last twenty years. He recently sold two software companies, Axosoft and Pure Chat, and has been advising and investing in Arizona-based startups for nearly a decade. He recently announced he’ll be investing $10 million in promising Arizona tech startups. Hamid is also host of the AZ Tech Podcast, where he interviews Arizona’s most successful founders, investors and doers. What is Savvy Trader? Create Create a virtual portfolio of your stocks and crypto. Buy or sell your investments at any time to keep your portfolio up to date. Share Share your portfolio for free, or set a price, for your followers to get access to your portfolio and notified about your trades. Notify Notify your subscribers when you make a trade. Savvy Trader will send a text or email to everyone subscribed to your portfolio. Savvy Trader is on a mission to make investment information more accessible. Learning about stocks and crypto can be intimidating and overwhelming with incredibly high levels of noise and very little signal. Savvy Trader helps solve this problem in two ways: Create and trade stocks and crypto in a safe virtual portfolio environment. The Savvy Trader virtual portfolios work a lot like a real brokerage account, except the trades are not real, allowing users to experiment and learn. Portfolio Creators can also share their virtual portfolios. A great way to learn about stocks and crypto is to see the virtual portfolios of others, see the actual performance of those portfolios as if they were real, and learn about the reasons behind the creators decisions for buying or selling each holding. So go ahead, create a virtual portfolio and share it with the world. Speaking of, I have a Savvy Trader virtual portfolio myself. Truth be told, I wanted to create Savvy Trader for myself as an easy way for me to consolidate my holdings in multiple accounts into a single virtual portfolio that represents my actual investments, and I wanted an easy way to share my portfolio details with friends and family. You can subscribe to my portfolio below - it's free! Notes: Savvy trader a website created by Hamid for portfolio sharing. You can see what stocks other people are buying. You can also create custom portfolio as well as build an audience. They pay creators $25 a month. Under the Savvy Trader brand, they created Earnings Hub, which gives the quarterly earnings reports of Companies and their stocks. You can get a summary of the quarterly calls, analyst expectations, analyst analysis, the actual earnings, and the calendar on when the earnings come out. Hamid is a long-term investor who looks for growth, earnings, and earnings validation. The old mantra of, trust but verify. He is definitely a fundamental investor like Buffet, who looks at the numbers of the company. Also believes in companies who make investments in R&D. Looking for great companies with a growing Market Cap. Part 1 Seg 1 Public companies release earnings on a quarterly basis. Then the CEO has to conduct a call with analyst where they answer questions. This is the only public information available. It’s a chance each quarter to see what’s really going on with the company. Earnings information is tough to find, and you have to search for it in multiple places. They created Earnings Hub where the information is all in one place. Can see the calendar of who’s reporting earnings and when. You also have access to past quarterly calls and a summary of the call. This way you can see the information the public companies are required to file on earnings in the status of the company. Hamid is also an angel investor where you invest in startups Founders. Private investor with no guarantees. The way they typically operate, is they push out financial and sales updates monthly or quarterly. Most startups fail, so Hamid understands anyone he invests in, could lose the money. He is basically a hands off investor. Earnings Hub is set up where traffic on the site will spike when big companies like a Tesla or Amazon are reporting. They also just launched a feature where you can listen to the earnings call live as well as do live chat with other members. Cost for Earnings Hub is $100 a year. Right now they have an intro offer where it’s just $1 - one dollar. Seg 2 They created a joke feature with Earnings Hub logo. Currently the A in the logo is a pyramid. When a stock is down, the logo will change to a 💩. Real estate analogy - you buy the best house in the block, not all of them. You want to have a small portfolio of a few stocks with concentrated investing vs investing in the whole S&P index of 500 stocks. Concentrated investors have a small nest which they watch carefully, as opposed to buying an index, and you can’t really focus on any one stock. Buffett quote - “concentration builds wealth. Diversification preserves wealth.’ Hamid owns 7 to 8 stocks. Those stocks are: Robin Hood, Meta, Rivian, Tesla, Netflix Rocket Lab, and some Bitcoin. You never know what’s going to happen with the stock, even good companies have bad days and bad years. An example - Meta-Facebook peaked in 2021. Stock price was at $400 and the company had a market cap of $1.2 trillion. Then it crashed, going into 2022, the stock lost over 50% of its value and was down to $180 and the market cap was around $600 billion. Now in 2024, the stock is back up over $400 or even $500 per share and it has the highest market cap it’s ever had. The CEO Mark Zuckerberg invested in AI, made improvements to the efficiency of the company, and even cut 25% of the staff. The old Buffet mantra, that you invest in managers who run good companies that have an economic moat with advantages to keep the competition away. This defines Facebook. There was a myth that Facebook was losing market share to TikTok. This turned out to be false and it came roaring back. Seg 3 The ups and the downs of being a long-term investor using Amazon as an example. If you had invested an Amazon in 1999, the logic goes, you would be done as an investor as the stock has gone up tenfold. The catch to that is, if you started in 1999. You had to hold the Amazon stock thru the dot.com crash of 2000 where it lost 80% of its value. Stock was worth $50 and 2000 and now worth $20K, 25 years later. Uber it had its IPO the stock took off then the stock crashed. They got a new CEO in 2017 and since then over a 5+ year, the stock has slowly gone up. Stocks like Robin Hood and GameStop have had big rises and big crashes between 2022 and 2023. Robin Hood, everybody was down on the stock in 2022 and you could buy the stock and the company for literally less than the cash they had on hand. Robin Hood has matured. The company is very efficient and has a good customer base. They have expanded into the credit card business with 3% cash-back. Invest in companies that their profits grow10X, so their stock price is up 10X over 10 years. He believes Robin Hood with the market cap of $17 billion has this potential. Currently, they are grabbing customers from competitors like Schwab and Ameritrade using their credit card and account cash backs. Seg 4 Another company Hamid likes is called Rocket Lab. Stock is $4 and they have a Market Cap of $2 billion vs a competitor like SpaceX valued at $180 billion. Just like SpaceX, Rocket Lab will be putting satellites into orbit. Over speculation on a stock, and making a problem more than it is, can hurt a stock price. This can create opportunities, if it’s a good company, can withstand the short term problems. Investors need to see through those problems, and see how serious it is. What will be the short term cost to the company. You want to buy good companies, at a great price. Stocks in 2022 at a great price, lots of opportunities. In 2024, stock price is high. It’s now just a good price even though the company still good. A good investor can take advantage of short term volatility. An example of this. is Tesla. That has both benefited, and then sometimes been hurt by volatility. The story behind Tesla sometimes is a growth story based around EV cars, and the mystique of its CEO Elon Musk. On the downside, when he does some controversy on Twitter, it can hurt the stock. 2023 into 2024, Tesla is facing some issues with slowing growth. Hamid believes that the story of Tesla is actually helping to prop up the stock. Elon Musk has diversified through the years, not only is their Tesla, now owns Twitter, he owns SpaceX, and has moved into NeuroLink. Savvy trader, you can share your portfolio. Anyone who joins can see her needs portfolio. Once you make a change on a stock, it is shared in real time. Reference Show: Create Your Investing Profile & Share It on Savvy Trader w/ Hamid Shojaee BRT S03 EP58 (157) 11-20-2022 What We Learned This Week Savvy Trader allows you to share your portfolio Investing Track Record - see how people actually invest & their results Why Software is Such a Good Business Model, Build 1x, sell multiple X VCs want to see Traction in Startups Cost of Customer Acquisition (CAC) & Long term Value of a Custer (LTV) are critical in scaling a startup long term, how much does it cost to get a customer, and how long do you keep them Full Show: Tech Topic: Best of Tech: Investing Topic: ‘Best Of’ Topic: Thanks for Listening. Please Subscribe to the BRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: ‘Best Of’ AZ TRT Podcast: Podcast on Google: Podcast on Spotify: More Info: KFNX Info: Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
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Reclaimed Minerals, Extracting Lithium + Iodine w/ Dr. Nick Sakharav - AZ TRT S05 EP22 (237) 6-2-2024
06/06/2024
Reclaimed Minerals, Extracting Lithium + Iodine w/ Dr. Nick Sakharav - AZ TRT S05 EP22 (237) 6-2-2024
Reclaimed Minerals, Extracting Lithium + Iodine w/ Dr. Nick Sakharav AZ TRT S05 EP22 (237) 6-2-2024 What We Learned This Week: EV Cars charging is slow and batteries are large & heavy Lithium is main chemical used in EV Batteries Hydrogen Fuel could be the Fuel of the Future vs solely EV Cars Iodine is used in Medical Industry and in large Demand Mineral Extraction, leads to Clean Water + Profit Guest: Dr. Nick Sakharov LKIN: Reclaimed Minerals - Dr. Nick Sakharov, a leading expert in critical minerals extraction (lithium and iodine), hydrogen energy, and saltwater treatment. He is a passionate advocate for a sustainable future, who believes these areas hold immense potential to address crucial challenges facing the USA. Expertise: With over 25 years of experience in global economy, energy, sustainability, mineral mining, a proven track record of strategy Critical Element Extraction: extensive experience in extracting critical minerals like lithium and iodine, vital for clean energy technologies. Hydrogen Energy: the development of hydrogen as a clean and efficient alternative energy storage source (and why it is not a fuel source). Saltwater Treatment: Innovative saltwater treatment methods offer solutions to water scarcity and environmental concerns. Global Economy and Everyday Life: how these scientific breakthroughs, like clean energy and water solutions, affect things we care about in our daily lives, such as jobs, energy costs, and even the price of everyday products. Notes: Nick has a PhD in economics, studies, new technology and strategy. He worked for 10 years in the telecom industry, and then 15 years in energy generation. The last 12 years he’s been in the US working in chemicals. He is based out of Houston, Texas building an iodine and lithium production company - working on chemical extraction from oil waste water. Chemicals they will work on are iodine, lithium, high, hydrogen, bromine. Nick believes blue hydrogen will be the fuel of tomorrow. Nick is working on getting investors to help purchase and refurbish a former Japanese iodine plant in Oklahoma. Potentially could be on line in under one year. Seg 1 Oil companies extract oil and saltwater from the ground in normal production. Then they discard the water and any leftover minerals like iodine or lithium. Iodine is used in the medical industry and also electronics and mattresses. Lithium is used in the energy industry, mainly in batteries for electronic devices, like cell phones or EV cars, or regular batteries. Chemical lithium is responsible for faster, charging and more capacity and batteries. Nick believes lithium will be replaced as the main mineral in 10 to 15 years. There’s lots of lithium available in the world, but you do need to mine it. Lithium batteries for EV cars are very heavy, and takes a long time to charge. The range of the EV battery depends specifically on how heavy the battery is. During the winter, EV battery is less efficient and could lose as much as half of the charge. Lithium batteries for cell phones are not that big of an issue, as typically the batteries were replaced every two years. Elon Musk of Tesla is building a lithium factory. Seg 2 Hard to tell what will replace lithium in the future. Currently, companies are testing 10 to 15 different ideas. He also believes they’ll be different organic materials, which will be used in batteries in the future for a handheld for smaller devices. Nick believes that with the EV and auto industry in the future, there is a renewed interest in hydrogen liquid gas. Electric vehicles would have both motor - an electric motor and Hydro gas fuel part. There would be a minor and smaller battery for storage. Major shift, EV vehicles find electrical outlets in the grid and the build out is difficult. Hydrogen gas would need new gas station refueling set up. Current gas stations cannot do it. It’s easier and cheaper to deliver hydrogen gas to rural areas. You would bring it in with the truck. Cannot use current gas infrastructure for hydrogen fuel as it has a different molecular make up. Per Nick, blue hydrogen, could be the energy of the future for storage for energy and power. Remains to be seen, if it would be used for cars. Currently states like Oklahoma have less energy usage versus consumption. Meaning they make more energy than they use. You have things like brown hydrogen, which could also be used in generation, and cheaper with water and store it better than windmills. Nuclear facilities that are government regulated, use a special iodine. Cities and states need to store energy better. Energy and hydrogen is a great option when consumption is low. Use the electricity, pull the hydrogen out, put, the oxygen back in the atmosphere. You have hydrogenation even in your house in the future. People are skeptical because hydrogen is a gas, but hydrogen is safe. Seg 3 Hydrogen and cities could work resources better and store more energy. Could help to produce more electricity and cheaper. Toyota already has a hydrogen car. Infrastructure for hydrogen being invested in now - over the next 10 years by federal government with a grant of $5 billion. Iodine is used in healthcare. There is major competition with China. China has a stronger hold on iodine producing. They bought a large quantity of a Chilean company that produces iodine and tried to corner the market. China wants to dominate iodine production in the pharmaceutical industry, producing it in China. US currently imports 5000 tons of iodine a year with costs risen tri-fold the last few years. United States and Oklahoma State in particular has storage potential for iodine. Get iodine production in the US, produce locally in the US. The price jump of 3X the last few years. Costing $75,000 per ton now, vs $25,000 per ton a few years ago. Lots of medical development and drug development, and in the process they use iodine. Iodine research has potential for cancer cure and we don’t want to rely on China. Can also clean up the saltwater with iodine. For example, in Texas the drinking water has issues and can be cleaned out of processed water. Iodine is an element to take out of water. Clean the water and get the profit by selling the iodine. Freshwater then becomes the byproduct. This would help farming and the oil and gas industry with more portable water. Bromine is another byproduct of this cleaning extraction and it’s cheap. A bonus in the same water extraction. Bromine is 1/8 the cost of iodine. Broine is used in the chemical industry. Nick is trying to rebuild a Japanese iodine plan in Oklahoma. He needs investors. It could be in production in under a year. You retrofit the older iodine Japanese plant in Oklahoma. Tech Topic: Best of Tech: Investing Topic: ‘Best Of’ Topic: Thanks for Listening. Please Subscribe to the BRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: ‘Best Of’ AZ TRT Podcast: Podcast on Google: Podcast on Spotify: More Info: KFNX Info: Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
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AZ TRT 2.0 - Best of Tech Part 1 - Data Centers, IT, EV Charging, Minerals & AI Software - AZ TRT S05 EP21 (236) 5-26-2024
06/01/2024
AZ TRT 2.0 - Best of Tech Part 1 - Data Centers, IT, EV Charging, Minerals & AI Software - AZ TRT S05 EP21 (236) 5-26-2024
AZ TRT 2.0 - Best of Tech Part 1 - Data Centers, IT, EV Charging, Minerals & AI Software AZ TRT S05 EP21 (236) 5-26-2024 What We Learned This Week: Host Matt on Data Centers + Energy Usage Lucian Aguayo of Redgear on IT Infrastructure Broc TenHouten of Intrinsic Power on EV Charging Brian Stevens of Neural Magic on AI Software Dr. Nick Sakharav of Reclaimed Minerals on Energy ‘Best of’ Clips from previous Tech themed aired in the first half of 2024 Notes: Seg 1. - Clips from: Data Centers + AI Growth Requires More Energy, is Nuclear an Option? AZ TRT S05 EP20 (235) 5-19-2024 What We Learned This Week: Data Centers use lots of Energy with demand growing 15% per year AI Models are large software files, and this leads to more data Alternative Ideas like Clean Energy, smaller Data Centers, & Cooling Nuclear SMR (Small Modular Reactor) may be the Future of Energy Stock Investment Ideas - How can you Make Money $ off the increase of Data Centers? AI is poised to drive 160% increase in data center power demand On average, a ChatGPT query needs nearly 10 times as much electricity to process as a Google search. In that difference lies a coming sea change in how the US, Europe, and the world at large will consume power — and how much that will cost. For years, data centers displayed a remarkably stable appetite for power, even as their workloads mounted. Now, as the pace of efficiency gains in electricity use slows and the gathers steam, Goldman Sachs Research estimates that data center power demand will grow 160% by 2030. At present, data centers worldwide consume 1-2% of overall power, but this percentage will likely rise to 3-4% by the end of the decade. In the US and Europe, this increased demand will help drive the kind of electricity growth that hasn’t been seen in a generation. Along the way, the carbon dioxide emissions of data centers may more than double between 2022 and 2030. Goldman Sachs research on AI and power needs Full Show: IT Setup & Cybersecurity w/ Luciano Aguayo of Redgear AZ TRT S05 EP07 (222) 2-18-2024 What We Learned This Week RedGear provides turnkey IT solutions for clients. Outsource IT to shift liability IT often an afterthought, when it should be a major priority - lifestyle of tech in a business Data is lifeblood of a company, need security Cybersecurity is just one part, need to monitor physical location, who has access, email, etc Guest: Luciano Aguayo of Redgear Luciano Aguayo is a Texas native, and an active member and contributor to the Southwest Technology community. His professional career spans a diverse industry portfolio and has held various titles and certifications at the senior engineering and senior management levels. Luciano specializes in designing and implementing turnkey complex infrastructure solutions. For the past 20 years Luciano has designed and implemented numerous infrastructures for regional and local school districts, has a diverse portfolio of local and international businesses, including the federal government, and key Southwest landmarks and attractions. After several years in the private sector and after building a loyal customer base, Luciano launched RedGear in 2016. RedGear is a regional business to business technology solutions company. Since its inception, RedGear has quickly grown to 4 locations, 50+ employees, and recently opened a regional office in Phoenix, Arizona. RedGear RedGear provides professional technology services, equipment, and consulting in the Southwest US region. Our entire culture is built around supporting business infrastructures, while building relationships and delivering an exceptional customer service experience and always keeping our customers best interest a top priority. We’ve built our success by reputation, quality of work, professionalism, and always being there for clients every step of the way whenever they need us. Our services, certifications, experience, and expertise cover the entire spectrum of Information Technology that no other regional technology service provider can match. We manage all aspects of Technology so the customer can focus on running their business. Full Show: Seg 2. - Clips from: EV Charging at Home w/ Broc TenHouten of Intrinsic Power AZ TRT S05 EP05 (220) 2-4-2024 What We Learned This Week Intrinsic Power - Next Gen EV Charger EV Charging in your home will be standard Electrical Panel upgrade to handle new tech Electric Grid not prepared for consumer demand & EV charging needs EV Infrastructure for charging stations as EV Cars w/ longer range are the Future Guest: Broc TenHouten of Intrinsic Power Broc TenHouten, Co-founder and CEO, Intrinsic Power, Inc. Broc is an experienced technical leader with a general management background in the commercialization of EV technology. Broc was COO and chief engineer of Divergent 3D, developer of the 3D-printed 21C hybrid hypercar. He served as director of technology development at EnerSys Advanced Systems and led the engineering and industrialization of multiple electric vehicle and energy storage companies. Broc began his career at General Motors, where he held various positions in vehicle development. Broc has more than 50 vehicle technology patents issued or in process. He holds an MBA from the University of Michigan-Ross and a BS in Mechanical Engineering from UC Berkeley. Intrinsic’s innovation has positioned the company to become the leader in distributed energy management–and one to watch. The compact Intrinsic Power charger is more powerful than the competition, 11kW charging reduces charging time by up to 830%. Perfectly optimized for your current electric vehicle, and your next one Web and mobile apps allow you to review charger use and syncronise useage across a portfolio of charging stations Advanced connectivity enables real-time information and grid demand response, helping to avoid local power outages Machine learning enables automatic time of use management, continuously optimizing to lower power bills over time HISTORY Intrinsic Power was founded in 2015, as a Los Angeles based internally-funded startup dedicated to delivering better EV charging solutions. Today Intrinsic is conducting field demonstrations, collecting data in preparation for mass production. TEAM Managed and staffed by a team of technical leaders in the EV space. The Intrinsic Power team is dedicated to improving residential charging though a combination of improved hardware and machine learning based algorithms for better charging performance. Full Show: Seg 3. - Clips from: Software Delivered AI w/ Brian Stevens of Neural Magic AZ TRT S05 EP08 (223) 2-25-2024 What We Learned This Week Neural Magic Deepsparse software helps B2B Clients incorporate AI into their tech stack Large Language Learning Models of AI can be costly & require massive computing power Their clients now control their AI Model Opensource AI Foundation Models for training AI uses a Recommendation Model Guest: Brian Stevens Chief Executive Officer of Neural Magic Brian Stevens is chief executive officer of Neural Magic. A tech veteran with more than 30 years of experience, Brian has a rich history of building/advising high-impact companies and driving disruptions that transform the industry. In his role at Neural Magic, Brian aims to democratize Generative AI for enterprises and make it more accessible and affordable to all. In his career, Brian has served in a variety of executive roles at world-renowned companies including VP and CTO of Google Cloud, and CTO and EVP of Worldwide Engineering at Red Hat. Brian currently serves on the board of directors of Nutanix and Genpact, and is a former member of the board of directors of the American Red Cross, IEEE, OpenStack Foundation, Data Gravity, and Pentaho. Brian holds a master’s degree in computer systems from Rensselaer Polytechnic Institute and a bachelor’s degree in computer science from the University of New Hampshire. In his personal life, Brian is an accomplished carpenter and woodworker with a passion for refurbishing old homes. NEURAL MAGIC About: Neural Magic is an AI company, born out of the Massachusetts Institute of Technology (MIT), on a mission to help customers innovate with machine learning, without added complexity or cost. While pursuing research at MIT, founders Nir Shavit and Alexander Matveev launched Neural Magic, a software-delivered AI solution, to address their frustration with the constraints of GPUs and existing hardware. Using Neural Magic’s DeepSparse Inference Runtime, customers can easily deploy deep learning models on commodity CPUs with GPU-class performance. For more information, including all of Neural Magic’s offerings, visit or follow @neuralmagic on Twitter, LinkedIn, and YouTube. Open Source AI for Business-2024 Is the Year to On Ramp Brian Stevens, CEO of is at the helm of this growing trillion-dollar industry (proper source) As enterprises prepare for 2024, the growing demand for AI optimization is top of mind. is fulfilling that need with software-delivered AI. Enterprises use Neural Magic's runtime and open-source sparsification tools for maximum CPU speedups of NLP (including LLMs) and computer vision models. “It is my goal to democratize AI using optimized CPUs as the onramp to generative AI, making it faster, affordable and agile for enterprises.” – Brian Stevens, CEO, Neural Magic Full Show: Seg 4. - Clips from: Reclaimed Minerals, Extracting Lithium + Iodine w/ Dr. Nick Sakharav AZ TRT S05 EP22 (237) 6-2-2024 What We Learned This Week: EV Cars charging Lithium batteries weight hydrogen fuel Iodine Mineral extraction, clean water Guest: Dr. Nick Sakharov LKIN: Dr. Nick Sakharov, a leading expert in critical minerals extraction (lithium and iodine), hydrogen energy, and saltwater treatment. As a passionate advocate for a sustainable future, I believe these areas hold immense potential to address crucial challenges facing USA. My Expertise: With over 25 years of experience in global economy, energy, sustainability, mineral mining, I have a proven track record of strategy . Critical Element Extraction: I possess extensive experience in extracting critical minerals like lithium and iodine, vital for clean energy technologies. Hydrogen Energy: I can discuss the development of hydrogen as a clean and efficient alternative energy storage source (and why it is not a fuel source). Saltwater Treatment: Innovative saltwater treatment methods offer solutions to water scarcity and environmental concerns. Global Economy and Everyday Life: I can explain how these scientific breakthroughs, like clean energy and water solutions, affect things we care about in our daily lives, such as jobs, energy costs, and even the price of everyday products. Reclaimed Minerals Tech Topic: Best of Tech: Investing Topic: ‘Best Of’ Topic: Thanks for Listening. Please Subscribe to the BRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: ‘Best Of’ AZ TRT Podcast: Podcast on Google: Podcast on Spotify: More Info: KFNX Info: Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
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Data Centers + AI Growth Requires More Energy, is Nuclear an Option? - AZ TRT S05 EP20 (235) 5-19-2024
05/24/2024
Data Centers + AI Growth Requires More Energy, is Nuclear an Option? - AZ TRT S05 EP20 (235) 5-19-2024
Data Centers + AI Growth Requires More Energy, is Nuclear an Option? AZ TRT S05 EP20 (235) 5-19-2024 What We Learned This Week: Data Centers use lots of Energy with demand growing 15% per year AI Models are large software files, and this leads to more data Alternative Ideas like Clean Energy, smaller Data Centers, & Cooling Nuclear SMR (Small Modular Reactor) may be the Future of Energy Stock Investment Ideas - How can you Make Money $ off the increase of Data Centers? Notes: Seg. 1 Clips about AI from: Software Delivered AI w/ Brian Stevens of Neural Magic AZ TRT S05 EP08 (223) 2-25-2024 What We Learned This Week Neural Magic Deepsparse software helps B2B Clients incorporate AI into their tech stack Large Language Learning Models of AI can be costly & require massive computing power Their clients now control their AI Model Opensource AI Foundation Models for training AI uses a Recommendation Model Guest: Brian Stevens Chief Executive Officer of Neural Magic Brian Stevens is chief executive officer of Neural Magic. A tech veteran with more than 30 years of experience, Brian has a rich history of building/advising high-impact companies and driving disruptions that transform the industry. NEURAL MAGIC About: Neural Magic is an AI company, born out of the Massachusetts Institute of Technology (MIT), on a mission to help customers innovate with machine learning, without added complexity or cost. While pursuing research at MIT, founders Nir Shavit and Alexander Matveev launched Neural Magic, a software-delivered AI solution, to address their frustration with the constraints of GPUs and existing hardware. Full Show: Clips about Data Centers and Energy from: The New Modular Data Center by Redivider w/ Tom Frazier BRT S04 EP31 (194) 8-6-2023 What We Learned This Week · Redivider Data centers are smaller modular size like a shipping container vs a standard data center which could be a huge warehouse The new data centers are mobile, eco friendly, carbon neutral, plus allow for both scale & cost savings ·Technology will be used to help the growth of the smart city or cloud and edge computing services · The growing use of AI programs like ChatGPT impacts the water supply as the needed cooling for data centers is massive, and not sustainable long term ·Re-divider: Focus on The Three P’s, People, Planet, Profit Guest: Tom Frazier - Co-Founder & CEO Tom Frazier, the co-founder and CEO of Redivider, boasts an impressive 25-year career, driving transformational and disruptive initiatives in future tech, B2B, and public sectors. Committed to prioritizing people, planet, and profits, Tom is devoted to spearheading innovation in the digital economy. Meet Redivider and Tom Frazier Leading with People, Planet and Profits , Tom Frazier and Eric Appelblom are flipping the traditional enterprise data center on its head with hydrogen powered data centers—reducing carbon foot print and increasing jobs. The companies advisory team is a shows who in environmental and ESG. Full Show: Seg. 2 AI is poised to drive 160% increase in data center power demand On average, a ChatGPT query needs nearly 10 times as much electricity to process as a Google search. In that difference lies a coming sea change in how the US, Europe, and the world at large will consume power — and how much that will cost. For years, data centers displayed a remarkably stable appetite for power, even as their workloads mounted. Now, as the pace of efficiency gains in electricity use slows and the gathers steam, Goldman Sachs Research estimates that data center power demand will grow 160% by 2030. At present, data centers worldwide consume 1-2% of overall power, but this percentage will likely rise to 3-4% by the end of the decade. In the US and Europe, this increased demand will help drive the kind of electricity growth that hasn’t been seen in a generation. Along the way, the carbon dioxide emissions of data centers may more than double between 2022 and 2030. Goldman Sachs research on AI and power needs AI DATA CENTERS NEED SO MUCH POWER THEY MAY NEED BUILT-IN NUCLEAR REACTORS "DATA CENTRES ARE POWER HUNGRY THINGS, BUT WITH AI WE'RE MOVING INTO A NEW LEVEL OF POWER REQUIREMENTS." Nuclear Option It's no secret that keeping an AI data center running requires an immense amount of power. To meet those skyrocketing energy demands, experts are now looking for alternative sources, the — including small nuclear reactors that could power individual data centers. "Our industry has to find another source of power," Digital Realty CTO Chris Sharp told the broadcaster. Small and Modular For years, scientists have been developing small modular reactors (SMR), which are scaled-down power plants that can provide power in situ and thereby dramatically reduce companies' dependence on the grid. Despite an entire dedicated to their realization, there still aren't any commercial ones in operation anywhere in the world, as the BBC notes. It's an intriguing idea that has inspired some of the biggest players in the AI field to invest in the idea. Job listings last year suggested was looking to , with the goal of eventually using them to power its AI data centers. Even OpenAI CEO Sam Altman has in a nuclear startup called Oklo, which is working on self-regulating SMRs. (Altman has that AI is so power hungry that it'll require a breakthrough energy source.) "Data centres are power hungry things, but with AI we're moving into a new level of power requirements," director at the Centre for Nuclear Engineering at Imperial College London Michael Bluck told the BBC. But it'll likely be a while before companies start producing SMRs at scale to meet those requirements. "There are about 50 SMR designs out there," Bluck added. "The challenge is to build them in repeatable units, factory style, standardizing production lines." One big hurdle to still overcome is regulation. After all, nuclear energy comes with some obvious risks. The US Nuclear Regulatory Commission has been "engaged in varying degrees of pre-application activities with several SMR designers over the past several years," per its . In 2020, the commission the first SMR design, developed by an Oregon-based startup called NuScale Power. However, despite clear momentum behind the idea, it's unclear if SMRs will end up being the answer to our rapidly rising energy needs. Companies are desperately looking for ways to scale up operations now — and not years from now. More on SMRs: Small modular reactors (SMRs) are advanced nuclear reactors that have a power capacity of up to 300 MW(e) per unit, which is about one-third of the generating capacity of traditional nuclear power reactors. SMRs, which can produce a large amount of low-carbon electricity, are: Small – physically a fraction of the size of a conventional nuclear power reactor. Modular – making it possible for systems and components to be factory-assembled and transported as a unit to a location for installation. Reactors – harnessing nuclear fission to generate heat to produce energy. The AI industry is pushing a nuclear power revival — partly to fuel itself A nuclear startup backed by OpenAI chief Sam Altman wants to power data centers and homes alike. It’s racing against surging demand while working to satisfy regulators. Excerpt: Oklo is one of the nuclear startups backed by Sam Altman, the CEO of OpenAI who has described AI and cheap, green energy as mutually reinforcing essentials to achieving a future marked by “abundance.” “Fundamentally today in the world, the two limiting commodities you see everywhere are intelligence, which we’re trying to work on with AI, and energy,” he told CNBC in 2021 after , a nuclear fusion startup that Altman chairs. Helion starting in 2028. Oklo, which Altman also chairs, is focused on the opposite reaction, fission, which generates energy by splitting an atom; fusion does so by merging atomic nuclei. Representatives for Altman, through his special acquisition company AltC, didn’t respond to a request for comment. In rural southeastern Idaho, Oklo is working to build a small-scale nuclear powerhouse that could fuel data centers like the ones OpenAI and its competitors need. But the company also wants to supply mixed-use communities and industrial facilities, and is already contracted to build two commercial plants in southern Ohio. Stocks to Review: Best Data Center Stocks to Buy in 2024 Here’s a quick overview of the best data center stocks available today: Equinix: The US-based, large-cap data center real estate investment trust (REIT) rents out server space and provides fast direct internet connections. It operates 260 data centers in 33 countries on five continents. Prologis: The REIT specializes in leasing to logistics companies. It plans to spend more than $25 billion to branch out into building and leasing data centers. It owns 5,613 buildings covering 1.2 billion square feet. Vertiv: The US company provides power, cooling and IT infrastructure and services to data centers. It sells equipment such as embedded computing systems, static transfer switches and data center racks. Eaton Corporation: The Irish company provides power management, electrical components and systems to data centers, as well as to utility, machine building, aerospace, and mobility markets. Digital Realty Trust: The real estate investment trust (REIT) has a big footprint globally, with 300 data centers across 25 countries. It offers data center and colocation services. Oracle Corporation: Its products and platforms are helping drive demand for more data center space. In addition, Oracle said it plans to spend around $10 billion in 2025 on data center expansion. Iron Mountain: The US large-cap REIT specializes in leasing out data center space and secure storage. It owns 21 data centers in North America, Europe and Asia. It serves 225,000 customers. Arista Networks: It delivers cloud-to-cloud networking for large data centers, campus and routing environments, and has more than 8,000 cloud customers worldwide. Its revenue has grown for 15 quarters. American Tower: The REIT, known for owning and leasing cell and communications towers, has expanded into data centers and cloud computing over the past four years after buying CoreSite. Snowflake: The company is a cloud-based data platform that uses the infrastructure of large cloud providers to run its services. Its platform allows companies to securely share data among users. Cramer looks at why enterprise and data tech companies are winning: ‘Follow the money’ · As consumers tighten spending, CNBC’s Jim Cramer told investors to focus on companies that deal with data and have primarily enterprise customers. · “Right now, you have to follow the money, and it’s currently flowing to businesses that cater to other businesses and the ones that need to interrogate the data,” he said. “The rest? Not much there.” · Cramer said the biggest names in tech are part of this data surge, including Amazon, Alphabet, Microsoft, Meta and Apple. Forget Nvidia: Jim Cramer Says This Company Could Be About to Cash In on Artificial Intelligence (AI) Data Centers By – May 20, 2024 at 8:21AM KEY POINTS · Data center services are dominated by tech giants including Nvidia, Advanced Micro Devices, and Vertiv. · Energy companies are a tangential beneficiary of the rising demand in data centers. · Constellation Energy represents a compelling opportunity, given the company's capabilities with nuclear power and its relationships with big tech. Stock – CEG / Constellation Energy – deals in natural Gas and Nuclear Energy Utility Stocks of note for Energy: EQT Corp., Southern Co, PNW Pinnacle West Cap, WEC Energy, Bloom Energy Clean Energy Stock: First Solar Tech Stocks of note for AI & Data Centers: Google, Amazon, Nvida, Oracle, Microsoft Tech Topic: Best of Tech: Investing Topic: ‘Best Of’ Topic: Thanks for Listening. Please Subscribe to the BRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: ‘Best Of’ AZ TRT Podcast: Podcast on Google: Podcast on Spotify: More Info: KFNX Info: Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
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How Big Tech Co’s Make Money - Magnificent 7 - MSFT, FB, NVDA, Apple, Google, Amzn, Tesla - AZ TRT S05 EP19 (234) 5-12-2024
05/20/2024
How Big Tech Co’s Make Money - Magnificent 7 - MSFT, FB, NVDA, Apple, Google, Amzn, Tesla - AZ TRT S05 EP19 (234) 5-12-2024
How Big Tech Co’s Make Money - Magnificent 7 - MSFT, FB, NVDA, Apple, Google, Amzn, Tesla AZ TRT S05 EP19 (234) 5-12-2024 What We Learned This Week: Tech Stocks - 7 Big Market Cap Stocks make up 29% of S&P Google, Microsoft & Amazon are biggest Co‘s in Cloud Service Tesla is the biggest EV Car Co,, & Apple biggest in Smart Phones Nvidia is the AI Superchip tech company Google & Meta / FB are the biggest advertising co‘s in the world Notes: Breakdown of Revenue Sources, Market Cap / CEO / Start Google / Alphabet – ads / search, playstore, hardware, services, YouTube premium content + TV, cloud Microsoft – gaming, services, software, devices, cloud Apple – devices, services, apps Nvidia – AI Chips, Graphic Cards, & components Tesla – EV Cars Amazon – E Commerce, cloud, services Meta / Facebook – ads, devices Big drops in two of the Magnificent Seven stocks haven't influence on the S&P 500. In fact, the trendy stocks dominate now more than ever. The seven megacap stocks — Microsoft (), Apple (), Nvidia (), Alphabet (), Amazon.com (), Meta () and Tesla () — account for 29.7% of the S&P 500 as of April 17, says Datatrek Research. That's up from the group's 27.9% weight in the S&P 500 in 2023. Seeing the group's hold over the world's most popular index grow this year might surprise you. Shares of Tesla are down 37.4%. "Despite all the buzz around the death of the 'Magnificent 7,' U.S. big tech is actually a more dominant force in American stock markets than at the end of 2023," said Nicholas Colas of Datatrek in a report. Source:4/2024 - Google CEO Sundar Pinchai c 1998 Sergey Brin and Larry Page Mkt Cap $2.1 Tr Source: Google / Alphabet – ads / search 56% of rev at $175 bil in 2023, playstore, hardware, services, YouTube premium content + TV, cloud 11% of rev at $31 bil Google revenue breakdown: top Google revenue sources in 2023 Ads · Ads (Google Search & other properties): $175.03 billion (56.9%) · YouTube ads: $31.51 billion (10.3%) · Google Network ads: $31.31 billion (10.2%) Google subscriptions, platforms, and devices: $34.69 billion (11.3%) Google Cloud: $33.09 billion (10.8%) Other bets: $1.53 billion (0.5%) Hedging gains: $236 million (0.1%) Source: KEY TAKEAWAYS Alphabet is a collection of different companies, including the popular search engine Google. The company leverages its search, web browsing, mobile operating systems, and cloud computing to make money through the sale of advertising and various service fees. Advertising generates the majority of revenue, but Google Cloud revenues are growing rapidly. The company has three reportable segments: Google Services, Google Cloud, and Other Bets. Google Services is the most profitable while Google Cloud and Other Bets often post operating losses. Microsoft CEO Satya Nadella. C 1975 Bill Gates / Paul Allen Mkt Cap 3.1 tr KEY TAKEAWAYS Microsoft sells computing devices, cloud systems and services, software, and other products to consumers and businesses. The company's Intelligent Cloud segment is the largest source of profit, as well as the fastest-growing. Microsoft is focused on delivering AI solutions to customers in a broad swath of industries. Some of its many competitors include Apple, Amazon, Meta, Alphabet, Oracle, and IBM. Microsoft's current CEO is Satya Nadella. Source: Source: First thing’s first and just before we dive into the financial story, we should identify the major sources of revenue Microsoft has: · Cloud computing - The entire business suite of Microsoft is focused on cloud services. Microsoft Azure for example is the leading direction in the company’s cloud services. But, things are more complicated · Windows OS - from Windows 95 till 10th version is only 15 years. And in May 2021 with the 21H1 update rumors are saying that the next thing that will happen in Autumn 2021 is the release of Windows 11. It was and continues to be one of the largest sources of revenue for Microsoft. · Microsoft Teams - An alternative to Slack, some would say, but Microsoft is putting more than just a comfortable chat for users. It is designed to become a digital environment for companies and employees of any company in the world. · Xbox - the gaming industry is growing, and Microsoft couldn’t stay apart from this topic. Sony needed competition and Xbox is the best possible alternative to it at the moment · LinkedIn - Since 2016 when Microsoft acquired LinkedIn, the professional social network continued to grow and became a unique and indispensable tool for HR professionals all over the world. · Minecraft - as if Xbox was not enough, Microsoft dive into the gaming industry even more with Minecraft. So, there is a good portfolio for Microsoft which in its turn provides a series of exclusive services, or competitive Microsoft Azure is a top cloud service provider competing with Google Cloud and AWS from Amazon. Revenue of Microsoft broken down by segment 2012-2023 Published by , Mar 27, 2024 In its 2023 financial year, Microsoft generated 69 billion U.S. dollars from its productivity and business processes segment and a further 88 billion through its intelligent cloud segment. Thanks in part to the rapid growth in these two areas, 2023 proved to be the company’s most successful year ever in terms of annual revenue, with the . Source: Microsoft’s Most Lucrative Business Segments In 2023, Microsoft revenues soared to a record $211 billion as demand for AI services accelerated. As one of the world’s by market cap, Microsoft reached a $2.8 trillion valuation as investors flocked to big tech and AI-related stocks last year. Amid strong growth, here’s how much revenue was generated from Microsoft’s product lines in 2023: Product LIne FY2023 Revenue Share of Revenue Cloud Computing Services $80B 38% Cloud Office Suite Software $49B 23% Operating Systems $22B 10% Gaming Consoles $15B 7% Employment Listing Platform $15B 7% AI-Enabled Search Engine $12B 6% Other $19B 9% Total Revenue $211B 100% Source: Microsoft and OpenAI This agreement follows our previous investments in 2019 and 2021. It across AI supercomputing and research and enables each of us to independently commercialize the resulting advanced AI technologies. · Supercomputing at scale – Microsoft will increase our investments in the development and deployment of specialized supercomputing systems to accelerate OpenAI’s groundbreaking independent AI research. We will also continue to build out Azure’s leading AI infrastructure to help customers build and deploy their AI applications on a global scale. · New AI-powered experiences – Microsoft will deploy OpenAI’s models across our consumer and enterprise products and introduce new categories of digital experiences built on OpenAI’s technology. This includes Microsoft’s , which empowers developers to build cutting-edge AI applications through direct access to OpenAI models backed by Azure’s trusted, enterprise-grade capabilities and AI-optimized infrastructure and tools. · Exclusive cloud provider – As OpenAI’s exclusive cloud provider, Azure will power all OpenAI workloads across research, products and API services. Meta / FB - Mark Zuckerburg + others c 2/2004 Mkt Cap 1.2 tr Source: KEY TAKEAWAYS Meta Platforms sells ads on social media websites and mobile applications and also sells augmented- and virtual-reality products and services. Advertising sales are the primary source of Meta’s revenue. Facebook reported in 2021 that it lost daily active users for the first time in its history. Reality Labs is Meta's augmented and virtual reality technologies segment, which features and sells products such as the Oculus VR headset. Meta discloses data about the diversity and inclusion of its general management and employees. Instagram, Messenger, WhatsApp In 2023, the revenue general by Meta Platforms (formerly known as Facebook Inc.) amounted to roughly 134 billion US dollars, up from around 116 billion U.S. dollars in the previous fiscal year. In 2022, Meta's revenue stood at 117.9 billion USD. Meta Revenue Breakdown 2022 % Advertising $113.64B 97.5% Other revenue (payments and fees) $809MM 0.7% Reality Labs (primarily sales of Oculus, now called Meta Quest) $2.16B 1.9% Total $116.6B Apple c 1976 Steve Jobs and Steve Woz CEO Tim Cook Mkt Cap 2.9 tr Source: . Diversified revenue streams: Apple generates revenue from a variety of different sources, including iPhone sales, iPad sales, Mac sales, as well as services like the App Store, Apple Music, and iCloud. This diversification helps to minimise risk and ensure a steady stream of income for the company. Source: KEY TAKEAWAYS Apple sells smartphones, personal computers, tablets, wearables and accessories, as well as a variety of services. iPhones are Apple's biggest source of revenue by product. Apple's services business generates the highest gross margins compared to its products business. Apple faces antitrust challenges regarding its App Store and ongoing unionization attempts by its retail workers. Apple Revenue iPhone Accessories Mac iPad iPod Services 2023 $200.6B $39.8B $29.3B $28.3B - $85.2B Total 2023 Rev - $382 B Nvidia c 1997 CEO Jenson Huang – Hong Mkt Cap 2.3 Tr Source: KEY TAKEAWAYS Compute and Networking, which includes , is Nvidia's biggest revenue generator. The graphics business segment is Nvidia's second largest revenue generator. Nvidia () introduced graphics processing units, known as GPUs, a key component of PC architecture and large-scale applications. It designs and sells GPUs for gaming, mining, and professional applications. It also sells chip systems for use in vehicles, robotics, and more. Revenue $26 bil in 2023, and $60 bil in 2024 so far Graphics and computers / networking – gaming, data centers Nvidia partners with all – Google, FB, Amazon, Dell, Tesla, OpenAI, Oracle Source: . NVIDIA Blackwell Platform Arrives to Power a New Era of Computing March 18, 2024 Blackwell Innovations to Fuel Accelerated Computing and Generative AI Blackwell’s six revolutionary technologies, which together enable AI training and real-time LLM inference for models scaling up to 10 trillion parameters, include: World’s Most Powerful Chip — Packed with 208 billion transistors, Blackwell-architecture GPUs are manufactured using a custom-built 4NP TSMC process with two-reticle limit GPU dies connected by 10 TB/second chip-to-chip link into a single, unified GPU. Second-Generation Transformer Engine — Fueled by new micro-tensor scaling support and NVIDIA’s advanced dynamic range management algorithms integrated into NVIDIA TensorRT™-LLM and NeMo Megatron frameworks, Blackwell will support double the compute and model sizes with new 4-bit floating point AI inference capabilities. Fifth-Generation NVLink — To accelerate performance for multitrillion-parameter and mixture-of-experts AI models, the latest iteration of NVIDIA NVLink® delivers groundbreaking 1.8TB/s bidirectional throughput per GPU, ensuring seamless high-speed communication among up to 576 GPUs for the most complex LLMs. RAS Engine — Blackwell-powered GPUs include a dedicated engine for reliability, availability and serviceability. Additionally, the Blackwell architecture adds capabilities at the chip level to utilize AI-based preventative maintenance to run diagnostics and forecast reliability issues. This maximizes system uptime and improves resiliency for massive-scale AI deployments to run uninterrupted for weeks or even months at a time and to reduce operating costs. Secure AI — Advanced confidential computing capabilities protect AI models and customer data without compromising performance, with support for new native interface encryption protocols, which are critical for privacy-sensitive industries like healthcare and financial services. Decompression Engine — A dedicated decompression engine supports the latest formats, accelerating database queries to deliver the highest performance in data analytics and data science. In the coming years, data processing, on which companies spend tens of billions of dollars annually, will be increasingly GPU-accelerated. A Massive Superchip The connects two to the NVIDIA Grace CPU over a 900GB/s ultra-low-power NVLink chip-to-chip interconnect. For the highest AI performance, GB200-powered systems can be connected with the NVIDIA Quantum-X800 InfiniBand and Spectrum™-X800 Ethernet platforms, also , which deliver advanced networking at speeds up to 800Gb/s. The GB200 is a key component of the , a multi-node, liquid-cooled, rack-scale system for the most compute-intensive workloads. It combines 36 Grace Blackwell Superchips, which include 72 Blackwell GPUs and 36 Grace CPUs interconnected by fifth-generation NVLink. Tesla c 7/2003 CEO Elon Musk Mkt Cap 567 bil Source: Revenue Breakdown 2023 Contribution Automotive Sales $78.5B 81% Regulatory Credits $1.79B 1.85% Leasing $2.12B 2.19% Services $8.32B 8.6% Energy generation and storage $6.03B 6.24% Total $96.77B Source: KEY TAKEAWAYS Tesla makes, sells, and services all-electric vehicles in the U.S., Europe, and China. It also sells energy generation products. The company gets the vast majority of its revenue and all of its profits from automotive sales. Tesla is experiencing rapid growth in China. Tesla is facing investigations from regulators in different countries concerning safety-related issues with the electric automaker's vehicles. The company was recently sued by a California regulatory agency on allegations of racial discrimination and harassment at its factory in Fremont, CA. Amazon c 1994 by Jeff Bezos CEO Andy Jassy Mkt Cap 1.9 tr Amazon Revenue Breakdown - $575 B in 2023 Online stores $231.87B Physical stores $20.03B Third-party seller services $140.05B Subscription services $40.21B AWS $90.76B Advertising $46.9B Other2023 $4.96B Source: KEY TAKEAWAYS Amazon makes money through its retail, subscriptions, and web services, among other channels. Retail remains Amazon’s primary source of revenue, with online and physical stores together accounting for the biggest share. Amazon Web Services (AWS) currently generates the majority of Amazon’s operating profits and is growing at a robust pace. AWS Amazon Web Services offers a broad set of global cloud-based products including compute, storage, databases, analytics, networking, mobile, developer tools, management tools, IoT, security, and enterprise applications: on-demand, available in seconds, with pay-as-you-go pricing. Tech Topic: Best of Tech: Investing Topic: ‘Best Of’ Topic: Thanks for Listening. Please Subscribe to the BRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: ‘Best Of’ AZ TRT Podcast: Podcast on Google: Podcast on Spotify: More Info: KFNX Info: Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
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History of Gaming Consoles From Atari to Nintendo to Playstation - AZ TRT S05 EP18 (233) 5-5-2024
05/10/2024
History of Gaming Consoles From Atari to Nintendo to Playstation - AZ TRT S05 EP18 (233) 5-5-2024
History of Gaming Consoles From Atari to Nintendo to Playstation - AZ TRT S05 EP18 (233) 5-5-2024 What We Learned This Week: Odyssey by Magnavox, first home gaming system Atari created both Home Pong & then Atari 2600 Nintendo Game Systems - NES, Wii, Switch + Super Mario Bros & Legend of Zelda games Sega Genesis & Sonic game, Sony Playstation, Microsoft Xbox Guest: Ben B Notes: Main Consoles – Name, Distributer, release Year & some sales #’s 1st Gen Odyssey from Magnavox 1972 Homepong from Atari 1975 Atari 2600 1977 2nd Gen Intellivision 1980 Colecovision 1980 Atari 5200 *Crash of 1983 3rd Gen Famicon – Nintendo in Japan 1983 NES Nintendo 1985 61 mil Sega master System 1986 Atari 7800 4th Gen Gameboy Nintendo 1989 115 mil Sega Genesis 1989 35 mil Atari Lynx Super famicon 1990 Super Nintendo 1991 5th Gen Sony Playstation - 1994 100 mil PS 2 2000 158 mil 6th Gen Nintendo 64 1996 Sega Dreamcast Microsoft Xbox 2001 Gameboy Advance 2001 Ganecube 2001 7th Gen Playstation Portable PSP 2004 Nintendo DS Nintendo Wii 2006 100 mil + Xbox 360 2005 80 mil PS 3 2006 80 mil 8th Gen RDS 2011 PS 4 2013 Xbox 2013 9th Gen Nintendo Switch 2017 Microsoft Xbox X & S 2020 Sony Playstation 5 2020 Failures – Comodore CDTV 25k Atari Jaguar 100k Nintendo Virtual Boy 1995 770k Sega Saturn 1999 9 mil ? Wii U 2012 13 mil More Info: Sources: The Game Console 2.0: A Photographic History from Atari to Xbox by Evan Amos Revised and updated since the first edition’s celebrated 2018 release, The Game Console 2.0 is an even bigger archival collection of vividly detailed photos of more than 100 video-game consoles. This ultimate archive of gaming history spans five decades and nine distinct generations, chronologically covering everything from market leaders to outright failures, and tracing the gaming industry’s rise, fall, and monumental resurgence. The book’s 2nd edition features more classic game consoles and computers, a section on retro gaming in the modern era, and dozens of new entries — including super-rare finds, such the Unisonic Champion 2711, and the latest ninth-generation consoles. You’ll find coverage of legendary systems like the Magnavox Odyssey, Atari 2600, NES, and the Commodore 64; systems from the ‘90s and 2000s; modern consoles like the Nintendo Switch, Xbox Series X|S, and PlayStation 5; and consoles you never knew existed. Get a unique peek at the hardware powering the world’s most iconic video-game systems with The Game Console 2.0 — the perfect gift for geeks of all stripes and every gamer’s must-have coffee-table book. Author Bio Evan Amos is a video game photographer and historian, whose contributions to the public domain comprise the ultimate visual reference for every generation of consoles. His work has appeared in hundreds of articles, YouTube videos, and popular media outlets like Kotaku. He is also the creator and curator of the Vanamo Online Game Museum, home to the most accessible, widely used digital preservation archive in the video game realm. Toys That Built America How Super Mario Helped Nintendo Conquer the Video Game World Originally a second banana character in 'Donkey Kong' in 1981, Mario went on to conquer the video game world. excerpt: "Donkey Kong" was a huge success, but the company did not take their hands off the joystick and celebrate their win. They quickly developed and released a sequel named "Donkey Kong Jr.," which featured the son of Donkey Kong attempting to rescue his father from the evil clutches of the character formerly known as Jumpman, but now named Mario. Despite Mario being the “bad guy” (for the first and only time in his career), the game was another huge success for Nintendo. In 1983, Mario finally got a chance to be the star, when he and his brother Luigi (now billed as plumbers from New York) were tasked with defeating numerous creatures attempting to rise from the sewers of their beloved city in the successful arcade game "Mario Bros." On July 15, 1983, Nintendo (and Mario) leaped out of the arcade and into millions of living rooms for the first time, with the release of the home console Family Computer (Famicom for short) in Japan. Sales soared domestically, and after a year of market testing in select U.S. locations, the Nintendo Entertainment System—renamed and redesigned for the American market—was released nationwide in September of 1986. The system launched with 17 available games, including a new game featuring everyone’s favorite plumber: "Super Mario Bros." By 1988, Nintendo had a stranglehold on the American console market, and thanks to the automatic inclusion of "Super Mario Bros" with later versions of the NES, the connection between character and company was reinforced. More: 5 of the Most Influential Early Video Games 'Pong,' 'Space Invaders' and 'Pac-Man' helped spawn a juggernaut industry. excerpt: “Pong” may not have been the first home video game, but it was the first major video game hit—one that launched the Atari home console dynasty and, arguably, an entire industry. Atari founder and “Pong” creator Nolan Bushnell and his partner Ted Dabney had had a surprise juggernaut in 1972 with the arcade version of the game, which had improved on the basic “Table Tennis” concept by adding sound, scoring and spin. Magnavox sued for copyright infringement; Atari settled by paying an exclusive licensing fee. They then adapted it for home play. First sold exclusively in Sears as a limited edition Sears-branded console, Atari’s home “Pong” became one of the retail giant’s best-selling items of the 1975 holiday season. Atari soon released its own branded version of “Pong,” helping to popularize its 2600 gaming console (launched in 1977), which became the most popular home game machine of its era, selling some 30 million units before being discontinued in 1992. Bushnell sold Atari to Warner Communications for $28 million and went on to found more than 20 companies, including Chuck E. Cheese. Tech Topic: Best of Tech: Investing Topic: ‘Best Of’ Topic: Thanks for Listening. Please Subscribe to the BRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: ‘Best Of’ AZ TRT Podcast: Podcast on Google: Podcast on Spotify: More Info: KFNX Info: Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
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Tech Stocks - How to Search + Market Sector + Compare Data - AZ TRT S05 EP17 (232) 4-28-2024
05/06/2024
Tech Stocks - How to Search + Market Sector + Compare Data - AZ TRT S05 EP17 (232) 4-28-2024
Tech Stocks - How to Search + Market Sector + Compare Data AZ TRT S05 EP17 (232) 4-28-2024 What We Learned This Week: Tech Stocks - Netflix, Microsoft, Google, FB, Tesla, Apple ... Market Sector, Leader vs Laggard, Cousin Theory How to Find Stocks - Search for comparative stocks Financials & Technical Analysis + Benchmarks Notes: Market Sector – Rank the sectors, what sectors have the best stocks in the NASDAQ currently Ex - Tech, Energy (oil), Consumer, Real Estate, Financials (banks) Sectors have subsectors – Tech has information technology Bloomberg or IBD will list the top sectors, top stocks, stocks with best earnings, biggest movers in price, 52 week highs Search for Market Sector with the highest Relative Strength (RSI) – stocks in that sector outperforming the index Outperformance vs a benchmark index like the NASDAQ Sample: Inflation and elevated interest rates remain headwinds for tech earnings in the near term, however, making stock selection critical. Here are 10 of the best tech stocks to buy today, according to CFRA analysts: STOCK IMPLIED UPSIDE OVER APRIL 5 CLOSING PRICE Microsoft Corp. () 6.9% Apple Inc. () 23.8% Nvidia Corp. () 13.6% Broadcom Inc. () 19.5% Salesforce Inc. () 9.3% Advanced Micro Devices Inc. () 17.4% Adobe Inc. () 29.9% Accenture PLC () 16.2% Intuit Inc. () 12.5% International Business Machines Corp. () 14.2% Cousin Strategy – stocks related to a leading stock, could be the supplier Leader vs Laggard – what is the top stock in the top sector, vs the worst stock in the best sector Leaders have strong fundamentals & growth Laggards are stagnant, price is not moving or going down Factors of Leaders: 1. Explosive Growth, 2. Brand Recognition, 3. Innovation – new products, 4. Financial Efficiency – ROE, & 5. Price – Price Action going up Search for best stocks in best sectors See what search shows, related news stories about stocks in same sector Comparison Stocks – stocks in the same sector or industry, competitors sometimes You are looking for a few stocks to be doing well in a sector, as a really good stock can carry other similar stocks Search for Stocks with the highest Relative Strength Fundamental Analysis - Tech stocks tend to have a higher P/E Ratio, you pay more for growth stocks, they are rarely cheap. Look for low debt and sales growth. Earnings growth or innovation (new products) move a tech stock price up You want consistent upward trending earnings, quarter over quarter of 20%, also compare to prior year to look for 20% growth year over year in same quarter High Interest rates can hurt tech stocks, and drive down the price of stocks Technical Analysis – Look for a sloping up trend on a chart, 45% angle, vs hyper unsustainable growth of a straight up 90% angle. Stocks need time to bake and can consolidate for months in a range of $150 - $170 before breaking out to $250 over next few months. Tech Topic: Best of Tech: Investing Topic: ‘Best Of’ Topic: Thanks for Listening. Please Subscribe to the BRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: ‘Best Of’ AZ TRT Podcast: Podcast on Google: Podcast on Spotify: More Info: KFNX Info: Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
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ARK Invest Big Ideas 2024 Report - AI, Robotics, Sequencing, Energy & Blockchain - AZ TRT S05 EP16 (231) 4-21-2024
04/26/2024
ARK Invest Big Ideas 2024 Report - AI, Robotics, Sequencing, Energy & Blockchain - AZ TRT S05 EP16 (231) 4-21-2024
ARK Invest Big Ideas 2024 Report - AI, Robotics, Sequencing, Energy & Blockchain AZ TRT S05 EP16 (231) 4-21-2024 What We Learned This Week: ARK Invest Big Ideas Report 2024 by Cathie Wood & Team Topics: AI, Robotics, Sequencing, Energy, & Blockchain Impact on technology, economy, & people’s lives Disruptive Innovation will be the driving force in society Topics: AI, Robotics, Sequencing, Energy, & Blockchain From ARK Invest Website: The Big Ideas report is a comprehensive study of disruptive technologies, with more than 160 pages of analysis. To learn more about the research, you can visit . BIG IDEAS 2024 Technological Convergence: Catalyzed by breakthroughs in artificial intelligence, the global equity market value associated with disruptive innovation could increase from 16% of the total[1] to more than 60% by 2030. As a result, the annualized equity return associated with disruptive innovation could exceed 40% during the next seven years, increasing its market capitalization from ~$19 trillion today to roughly $220 trillion by 2030. 60% The Global Equity Market Value Associated With Disruptive Innovation Could Increase To 60% By 2030 Artificial Intelligence: Scaling Global Intelligence And Redefining Work The convergence of hardware and software could drive AI training costs down by 75% at an annual rate through 2030. 75% AI Training Costs Should Continue To Fall 75% Per Year Bitcoin Allocation: Growing The Role Of Bitcoin In Investment Portfolios During the last seven years, bitcoin’s annualized return has averaged ~44%, while that of other major assets has averaged 5.7%. 44% During The Last Seven Years, Bitcoin’s Annualized Return Has Averaged ~44%. Bitcoin In 2023: Demonstrating Resilience And Recovery After Challenges In 2022 In 2023, bitcoin’s price surged 155%, reaching $827 billion in market cap. $827B Bitcoin Reached $827 Billion In Market Cap In 2023 Smart Contracts: Powering The Internet-Native Financial System If financial assets were to migrate to blockchain infrastructure at a rate similar to the adoption of the internet, and the take rates associated with decentralized financial services were a third those of traditional financial services, smart contracts could generate annual fees of more than $450 billion. $450B Smart Contract Networks Could Generate Fees Of $450 Billion In 2030 Digital Consumers: Transitioning Toward Digital Leisure According to ARK’s research, spending on digital leisure should take share from physical options and grow 19% at an annual rate during the next seven years, from $7 trillion in 2023 to $23 trillion in 2030. $23T Spending On Digital Leisure Could Reach $23 Trillion In 2030 Digital Wallets: Closing The Loop With Two-Sided Networks According to ARK’s research, closed loop consumer payments, merchant banking, and employee payroll/payments will increase select vertical software platforms' revenues by 22-33% at an annual rate during the next seven years, from $7 billion in 2023 to $27-$50 billion in 2030.[2] $27B+ Digital Wallets Could Grow Select Vertical Software Platforms' Revenues to $27-$50 Billion In 2030 Precision Therapies: Curing Disease More Efficiently And Less Expensively Based on ARK's research, the enterprise value of companies focused on precision therapies could appreciate 28% at an annual rate during the next seven years, from ~$820 billion in 2023 to ~$4.5 trillion by 2030. $4.5T The Enterprise Value Of Companies Focused On Precision Therapies Could Reach $4.5 Trillion By 2030 Multiomic Tools & Technology: Translating Biological Insights Into Economic Value According to ARK’s research, multiomic tools and technology could reduce research and development (R&D) spending per drug by more than 25%. 25% R&D Spending Could Decline By More Than 25% Thanks To Multiomic Tools And Technology Electric Vehicles: Lower Battery Costs Powering EV Adoption ARK forecasts that electric vehicle sales will scale 33% at an annual rate during the next seven years, from roughly 10 million in 2023 to 74 million in 2030. 74M EV Sales Could Reach 74 Million In 2030 Robotics: Generalizing Automation Thanks To The Convergence Of AI Software And Hardware As hardware and software costs decline according to Wright’s Law, AI should continue to improve productivity and create a new market opportunity for generalizable robotics that, at scale, exceeds $24 trillion in revenue annually. $24T Generalizable Robotics Represent A $24+ Trillion Global Revenue Opportunity Robotaxis: Transforming Urban Transit Safely And Affordably According to ARK’s research, robotaxi platforms could redefine personal mobility and generate $28 trillion in enterprise value during the next five to ten years. $28T Robotaxi Platforms Could Create $28 Trillion In Enterprise Value In 2030 Autonomous Logistics: Reducing Costs And Reshaping Supply Chains According to ARK’s research, autonomous delivery revenues could scale from essentially nil today to $900 billion in 2030. $900B Global Autonomous Delivery Revenue Could Reach $900 Billion by 2030 Reusable Rockets: Opening Outer Space For Business According to ARK’s research, satellite connectivity revenues could reach $130 billion in 2030, still just a fraction of the roughly $2 trillion in telecommunications revenue. $130B Satellite Connectivity Revenues Could Exceed $130 Billion Per Year In 2030 3D Printing: Reshaping Manufacturing According to ARK’s research, 3D printing revenues could scale ~40% at an annual rate during the next seven years, from ~$18 billion today to ~$180 billion in 2030. $180B 3D Printing Revenues Could Grow ~40% At An Annual Rate To $180 Billion By 2030 Article - Report Summary: ARK Invest 2024 Big Ideas The report is titled 'Disrupting the Norm, Defining the Future' and it highlights 15 big ideas, which are: Technological Convergence - The global equity market value associated with disruptive innovation could increase to 60% by 2030. Artificial Intelligence - Scaling global intelligence and redefining work: AI training costs should continue to fall 75% per year. Smart Contracts - Powering the internet-native financial system, smart contract networks could generate fees of $450bn in 2030. Digital Wallets - Digital wallets could grow select vertical software platforms' revenues to $27-$50bn in 2030. Robotics - Generalizing automation, thanks to the convergence of AI software and hardware. Generalizable robotics represent a $24 trillion-plus global revenue opportunity. Digital Consumers - Transitioning toward digital leisure, where spending could teach $23 trillion in 2030. Electric Vehicles - Lower battery costs powering adoption mean EV sales could reach 74 million in 2030. Robotaxis - Robotaxi platforms could create $28 trillion in enterprise value in 2030. Multiomic Tools & Technology - Translating biological insights into economic value: R&D spending could decline by more than 25%, thanks to multiomic tools and technology. Reusable Rockets - Satellite connectivity revenues could exceed $130bn per year in 2030. Autonomous Logistics - Global autonomous delivery revenue could reach $900bn by 2030. Bitcoin Allocation - Growing the role of bitcoin in investment portfolios. During the last seven years, bitcoin's annualized return has averaged around 44%. Bitcoin in 2023 - After challenges in 2022, bitcoin's price surged 155% last year, reaching $827 billion in market cap. Precision Therapies - Curing disease more efficiently and less expensively. The enterprise value of companies focused on precision therapies could reach $4.5 trillion by 2030. 3D Printing - Revenues could grow 40% at an annual rate to $180bn by 2030. Summary Source: 15 big ideas that will revolutionize industries and economies, led by AI These innovations will change business during the next decade and beyond, according to ARK Invest, and AI will play a significant role. Written by 2/2024 Alternate Summary Article: Digest: ARK Invest’s Big Ideas for 2024 - Key Takeaways By OPTO 23 Feb 2024 ARK Invest Performance – past ARK v NASDAQ 2023 67.64% 21.37% 2022 -66.97% -27.79% 2021 -23.38% 13.05% 2020 152.82% 39.26% 2019 35.58% 32.52% Tech Topic: Best of Tech: Investing Topic: ‘Best Of’ Topic: Thanks for Listening. Please Subscribe to the BRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: ‘Best Of’ AZ TRT Podcast: Podcast on Google: Podcast on Spotify: More Info: KFNX Info: Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
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Best of Clean Energy, EVs & Battery Power - AZ TRT S05 EP15 (230) 4-14-2024
04/19/2024
Best of Clean Energy, EVs & Battery Power - AZ TRT S05 EP15 (230) 4-14-2024
Best of Clean Energy, EVs & Battery Power AZ TRT S05 EP15 (230) 4-14-2024 What We Learned This Week Steve Zylstra of AZ Tech Council on Clean Energy Daniel Tonkopiy of Delfast Bikes on EV bikes Praveen of Monarch Tractor on AI, EVs & Farming Mark Hanchett of Atliss Motors on EV Trucks & Batteries Clean Energy - many Tech Co's working on zero emission plan Delfast E Bikes – smart bike, connects to E Bike, range of 220 miles on 1 charge, & speed of 50 mph, can drive on all different terrain Monarch Tractor is AgTech working towards a future with Clean Farming Atlis Motors is an Energy Company - Apple of energy – vehicle is their ‘I-Pod’ Revolutionizing the Electric Battery - Lithium, cobalt, copper w/ a Lifespan – 1 million miles or 10 years + Seg 1 Clip from 10/30/2022 – w/ Steve Zylstra, President / CEO AZ Tech Council Replay Seg. 4 – on Clean Energy and tech FULL SHOW: Guest: Steve Zylstra, President / CEO AZ Tech Council Steve Zylstra of AZ Tech Council joins BRT to talk all things technology in the Valley. The Arizona Technology Council is one of the largest technology-driven trade associations in North America, with over 850 members and growing, the only organization specifically serving technology companies statewide. They protect innovators and truly believe that technology moves all of us forward; and are dedicated to the future of Arizona. Steve Zylstra advocates for AZ tech, as well as his recurring writing about the industry. Steve, and the Council are a major source for updates on technology, business growth, and what legislation is being drafted. Seg 2 Clip from 9/18/2022 – w/ Daniel Tonkopiy, CEO, Delfast Bikes Replay Seg. 4 – on VC Funding and competition FULL SHOW: Guest: Daniel Tonkopiy, CEO, Founder, Chairman Delfast Bikes Daniel Tonkopiy is founder and chief executive officer of Delfast, Inc. Daniel is a serial entrepreneur with more than 20 years of successful business experience. His previous entrepreneurial endeavors include best.ua, a Ukrainian business reviews service; X-Rift, an augmented reality mobile game; and Million Dollar Startup, a Kyiv-based startup school. In 2014, Daniel set out to transform the future of transportation and combat climate change with Delfast’s innovative E-bikes. He has since grown the company into a disruptive global e-bike leader that holds a Guinness World Record for greatest distance (228 miles) traveled on a single charge. In addition to Delfast, Daniel also serves as a business and entrepreneurial mentor for MiniBoss School, Startup Ukraine, and the Central Asia FLEX business program. He is an author, a former radio host, and is a dynamic and sought-after speaker inspiring entrepreneurs and sustainability enthusiasts globally at more than 50 conferences to date. Daniel holds a Bachelor’s degree in International Economic Relations from Kazakh Economic University. Delfast Bikes ECO-FRIENDLY - No air emissions and subsequently ― negative impact on environment. SIGNIFICANT RANGE - In-house developed Battery Management System allows to travel up to 370 km on a single charge. RELATIVELY CHEAP - We help to save your money for expensive fuel and insurance. LESS STRESS, MORE FREE TIME - Delfast bike is the best choice to avoid annoying traffic jams. CONVENIENCE - You can easily switch on bicycle mode and do sports when you want; and use e-bike mode when you are tired. Seg 3 BRT S03 EP23 (122) 6-5-2022 – Monarch Tractor Brings AgTech to Farming w/ Praveen Penmetsa Guest: Praveen Penmetsa - CEO of Monarch Tractor Praveen Penmetsa has nearly two decades of hands-on experience in translating creative visions into products for startups to Fortune 50 companies alike. He co-currently serves as founder and CEO of Motivo Engineering, a product-engineering firm with clients in the Mobility, Energy, AgTech, and Aerospace sectors. Praveen holds an MSME in Mechanical Engineering from the University of Cincinnati. Monarch Tractor: Working Toward a Future With Clean Farming Labor shortages, climate change, and food safety concerns create a multitude of challenges for farmers. Monarch Tractor provides a farmer-first approach to innovation, making each decision with our end user and their biggest challenges in mind. Our dedication to solutions for the farmer also means healthier solutions for the planet, for the consumer, and for the global food ecosystem. Clip from Seg. 2 - FULL SHOW: Seg 4 Guest: Mark Hanchett CEO & Founder of Atlis Motor Vehicles - from 1/31/21 Seg. 2 Electric vehicles history, and the inspiration for Atlis Motors. Atlis is an energy company, the Apple of electric vehicles and the truck is their I-Pod. Electric trucks, engine battery, and battery design. Where (and how) is the battery produced? Full Show: Tech Topic: Best of Tech: Investing Topic: ‘Best Of’ Topic: Thanks for Listening. Please Subscribe to the BRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: ‘Best Of’ AZ TRT Podcast: Podcast on Google: Podcast on Spotify: More Info: KFNX Info: Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
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Opening Day - Gambling & Charlie Hustle w/ Keith O’Brien + History of the World Series by Tyler Kepler NYT Baseball Writer - AZ TRT S05 EP14 (229) 4-7-2024
04/11/2024
Opening Day - Gambling & Charlie Hustle w/ Keith O’Brien + History of the World Series by Tyler Kepler NYT Baseball Writer - AZ TRT S05 EP14 (229) 4-7-2024
Opening Day - Gambling & Charlie Hustle w/ Keith O’Brien + History of the World Series by Tyler Kepler NYT Baseball Writer AZ TRT S05 EP14 (229) 4-7-2024 What We Learned This Week Gambling Scandal parallels of Pete Rose vs Dodger’s Shohei Othani Charlie Hustle the icon - Rise & Fall Business of Baseball - Drafting Players to Analytics & how the Game has evolved History of the World Series - Did Babe Ruth call his shot? Guest: Keith O’Brien Website: Keith is the New York Times best-selling author of Paradise Falls, Fly Girls, and Outside Shot, a finalist for the PEN/ESPN Award for Literary Sports Writing, and an award-winning journalist. O’Brien has written for The New York Times, The Atlantic, The Washington Post, and Politico, and his stories have also appeared on National Public Radio and This American Life. He lives in New Hampshire. About the Book “CHARLIE HUSTLE: The Rise and Fall of Pete Rose, and the Last Glory Days of Baseball” Pete Rose bounded out of the dugout like a hurricane spinning unfettered through the world. He slid head-first into bases in a mist of dust and fury. He sprinted out walks like a teenager. He was loud. Brash. Supremely confident. Entirely focused. He approached every game with ferocity and raw emotion—often like he was in the middle of a bar room brawl—and endeared himself to the fans because of it. He seemed to manufacture runs out of pure will power. He racked up mind-boggling stats and awards and streaks and wins and pennants and titles with seeming ease. When his team needed clutch hits, he provided them. When glory was 90 feet away, he reached for it. He bowled over catchers at home plate, shouted at pitchers to intimidate them, and ripped through middle infielders to break up the play. He would beat them all. One way or another. Pete Rose would never back down. Could never back down. This spring, author Keith O’Brien and Pantheon Books will present the gritty and gripping new biography of the flawed legend—baseball’s tragic character—the man who could never return to the game he lived to play: “CHARLIE HUSTLE: The Rise and Fall of Pete Rose, and the Last Glory Days of Baseball” (Pantheon Books, March 26, 2024). It is a story unlike any other in baseball history. A story of virtuosity and success; addictions and secrets; recklessness and many missed opportunities for salvation. For over 25 years in Major League Baseball—from 1963 to 1989—Pete Rose was the sport’s unquestioned hero on the field. He was the heart of the Big Red Machine dynasty in Cincinnati. Rookie of the Year in 1963. MVP in 1973. He won three batting titles. Two gold gloves. Six National League pennants. Three World Series titles. He was named to 17 NL All-Star games at five different positions. He became the all-time hit king in the process, surpassing the legendary Ty Cobb. He was extraordinary while seemingly ordinary in equal measure, and the fans loved him for what they knew to be true. Pete Rose wasn't physically gifted or a particularly special athlete. He was like the rest of us. He was Charlie Hustle. The American Dream in red stirrup socks. Baseball personified. With bat in hand, Pete Rose was the hero, forever young, forever relevant, but a storm was coming. Yes, Rose was both a miracle and a disaster. His opponents viewed him with both reverence and disdain. While some of them believed that his Charlie Hustle routine was a joke or that his aggressive antics were just plain dangerous, they respected his greatness and his longevity in the game. There was no doubt that he often came off as uneducated, unpolished, boorish, and rude, but most figured that he had earned the right to his “unique” perspective over the years. But then the rumors started to circulate that he was mingling with an unsavory crowd. Shady characters that included well-known bookies and gamblers. It wasn’t a secret that Rose had always been a gambler, but now there was growing evidence that he was betting on the sport that had made him a household name. With the 1919 Black Sox scandal looming as the cautionary tale still fresh in the game’s history, this growing storm threatened to destroy everything Rose had built. He could lose his livelihood and the game itself. It could strip away the mythology and dismantle the icon and reveal the very flawed human being he was off the field. So he did the only thing Pete Rose could do in the face of overwhelming evidence and his impending exile. He lied. And continued to lie for 15 long years. CHARLIE HUSTLE also covers: * His fraught relationship with his father—Pete Rose Sr.—the semi pro, Cincinnati sports legend * How Rose overcame his lack of athleticism as a child with the intangibles that personified “Charlie Hustle” * The terms of his first professional contract—enthusiastically signing for $7000 * His early seasons of darkness in the lowest rungs of professional baseball * The public relations bonanza when the local West High boy made the Cincinnati Reds’ Opening Day roster * Rose’s long relationship with the city of Cincinnati * His courtship and marriage to Karolyn Ann Engelhardt, which ended in divorce in 1979 * Rose's batting philosophies and the roots of his unusual crouching batting stance * Rose’s early entrees into gambling at spring training in Tampa—his infamous “triple headers” * How Mickey Mantle and Whitey Ford came up with his “Charlie Hustle” nickname and how they had intended it to be an insult * Rose's game-winning run in the 1970 All Star Game and how he and Ray Fosse were dinner companions the night before * How "The Big Red Machine”—the nearly unbeatable Cincinnati Reds dynasty of the 1970s—took shape * The details surrounding Rose’s affair with a girl half his age—a teenager—in the mid-1970s * The early divide and rivalry between Pete Rose and teammate Johnny Bench * The revelation that Tony Perez was the true leader in the locker room for those Reds dynasty teams * Rose’s rivalry with the Oakland A’s ace Jim “Catfish” Hunter during the 1972 World Series * Rose's dust up with Bud Harrelson in the 1973 NLCS which left the Reds players fearful for their safety * How Curt Flood’s fight for free agency affected Pete’s contract negotiations during the era * Rose’s relentless pursuit of Joe DiMaggio’s 56-game hitting streak in the summer of 1978 * His brazen longtime affair with a woman named Terry Rubio, who would ultimately file a paternity suit against Rose * Rose’s incomprehensible ability to play extremely well while going through all manners of personal turmoil * Rose’s role as savior of the Philadelphia Phillies, a team that had never won a World Series, but soon would in 1980 after signing Rose as a free agent in 1979 * The details surrounding Rose’s single off of San Diego Padres’ pitcher Eric Show for hit number 4,192 * The rumors that Rose had been using a corked bat in his later years and may have even used them for his march to the hits record * Background on the shady collection of bookies, railbirds, lackeys, dope dealers, and gofers who surrounded Rose in those later years * The evidence that not only was Pete Rose a gambler, but a terrible gambler—he lost a lot * How and why a manager betting on his home team harms the game * The self-deprecating, chain-smoking academic from Yale University—A. Bartlett Giamatti—whose handling of the scandal as the Commissioner of Baseball was a master class in crisis management * How an impending Sports Illustrated story about Pete Rose betting on baseball backed to baseball into a corner in how it dealt with the matter * How if Pete Rose had admitted to betting on baseball in an initial meeting with Peter Ueberroth, Bart Giamatti, and Fay Vincent, he most likely would have incurred a light punishment * The release of the Dowd Report, and the background of its special counsel, John Dowd * The details surrounding Bart Giamatti's death in 1989 * The Baseball Hall of Fame’s response to Pete Rose’s candidacy * How, in 2004, he published a book where he admitted to betting on baseball and on the Cincinnati Reds * How reinstatement eluded him—in 2004, 2015, 2020, and 2022—and, if anything, his situation grew worse * Theories why Rose hasn't I been forgiven to date * Baseball’s ever-evolving relationship with sports gambling and what that means for Pete Rose and for the future of the sport * The six simple words that might have changed everything: “I'm sorry I bet on baseball.” New York Times bestselling author Keith O'Brien grew up in Cincinnati when Pete Rose was at the peak of his fame and witnessed his shocking downfall first-hand. More than three decades later, it’s hard to appreciate how much the controversy became such a part of the American conversation. The mythology surrounding Pete Rose was so fixed and strong that the disgust, frustration, pity, and confusion that followed his banishment stirred endless debates about the man, the allegations he faced, and, in turn, about the game of baseball itself as arbiter. Rose quickly became a fault line in the collective American conscience, and it clearly marked the end of the age of innocence in sports. O’Brien documents all of this like never before in CHARLIE HUSTLE, with unprecedented reporting and access. He met with Rose in person and they spoke on the record for 27 hours, before Rose stopped calling back, before he shut down. O’Brien is the only biographer that Rose has ever spoken to when he didn't have any editorial control. Beyond those conversations, O’Brien delved into thousands of pages of previously unutilized federal court documents, newly released FBI files, raw TV footage, decades of newspaper articles, Major League Baseball's voluminous 1989 investigation into Rose’s misdeeds; and nearly 150 hours of interviews with Rose's friends, enemies, former teammates, family members, two former Commissioners of baseball, three people who placed his bets, four different investigators who dug up his secrets, and the special counsel who led the charge, John Dowd. Pete Rose loved baseball and wanted to play forever. Keep hitting forever. Never grow old. Never stop swinging. Never go home. But the same qualities that made him a successful baseball player—and one of the greatest hitters of all time—ensured his banishment. He couldn’t be vulnerable. Couldn’t beg for forgiveness. Or even apologize until it was far too late. Doomed by his own ignorance and hubris, Pete Rose was going down. Guest: TYLER KEPNER Website: Tyler is the author of the New York Times bestseller K: A History of Baseball in Ten Pitches. He has covered every World Series game of the last two decades for The New York Times. He started his career as a teenager, interviewing players for a homemade magazine in the early 1990s. He attended Vanderbilt University on the Grantland Rice/Fred Russell sportswriting scholarship, then covered the Angels for the Riverside (Calif.) Press-Enterprise and the Mariners for the Seattle Post-Intelligencer. He joined The New York Times in 2000, covering the Mets for two seasons, the Yankees for eight, and serving as the national baseball writer since 2010. From the New York Times bestselling author of K: A History of Baseball in Ten Pitches, a highly entertaining, revelatory history of the World Series, filled with gripping behind-the-scenes stories from 117 years of the Fall Classic. The World Series is the most enduring showcase in American team sports. It’s the place where legends are made, where celebration and devastation can hinge on a fly ball off a foul pole or a grounder beneath a first baseman’s glove. And there’s no one better to bring this rich history to life than New York Times national baseball columnist Tyler Kepner, whose bestselling book about pitching, K, was lauded as “Michelangelo explaining the brush strokes on the Sistine Chapel” by Newsday. In seven scintillating chapters, Kepner delivers an indelible portrait of baseball’s signature event. He digs deep for essential tales dating back to the beginning in 1903, adding insights from Hall of Famers like Reggie Jackson, Mike Schmidt, Jim Palmer, Dennis Eckersley and many others who have thrived – and failed – when it mattered most. Why do some players, like Madison Bumgarner, Derek Jeter and David Ortiz, crave the pressure? How do players handle a dream that comes up short? What’s it like to manage in the World Series, and what are the secrets of building a champion? Kepner celebrates unexpected heroes like Bill Wambsganss, who pulled off an unassisted triple play in 1920, probes the mysteries behind magic moments (Did Babe Ruth call his shot in 1932? How could Eckersley walk Mike Davis to get to Kirk Gibson in 1988?) and busts some long-time myths (the 1919 Reds were much better than the Black Sox, anyway). The result is a vivid portrait of baseball at its finest and most intense, filled with humor, lore, analysis and fascinating stories. THE GRANDEST STAGE is the ultimate history of the World Series, the perfect gift for all the fans who feel their hearts pounding in the bottom of the ninth inning of Game Seven. Notes: Tyler Kepner wrote the grander stage the history of the World Series about baseballs October classic. Is the New York Times national baseball radar and has a background in being a bit writer for teams. He’s originally from Philly. He was an intern at the Boston Globe and then the Washington post. Got a job out of college covering the Angels. Then got a job covering the Seattle Mariners for a newspaper in Seattle. In 2000 he got a job at the New York Times covering the mats for two years. Then he was covering the Yankees for eight years. 2010 he became the New York Times national baseball writer. Writing the book on the history of the World Series was a lifelong goal. He had written a previous book about pitching called K. The book was a three-year project to write. Tyler has covered 24 World Series dating back to 1998 as well as gone to two as a fan, 1983 series with the Phillies as a kid and then 1993. Tyler always follows good stories for his baseball writing. The 2022 baseball playoffs started in St. Louis to see about Albert polos last games. Then moved on to cover the New York Yankees. And then he’s going to see the Seattle Mariners as they are in the playoffs for the first time in years. TV ratings for baseball have been decent. Still gets very good ratings in local markets. Baseball like other sports is still live programming and and they jam of TV. Sports creates appointment setting type TV. When you cover baseball as a rider, you will go to the ball park about 2 PM for a 7 PM game. He would mall around the stadium and clubhouse talk with players the manager may be the GM. Most days he’s writing, with a deadline by the night time to be able to post by the next day. Player access in baseball is pretty open, it’s an every day business and they give the media plenty of room to work. Tyler missed game seven of the 2001 World Series in Arizona versus the Yankees because of a family commitment. Baseball business as no hard salary cap, just some luxury taxes. It is expensive to build a team as you need free agents but also good scouting and player development. There’s a lot of have and have Nots. Many of the smaller teams like the Oakland A’s I’ve had player stolen by big teams like the Yankees or the Red Sox, almost acting like farm systems for the bigger teams. Baseball has changed over the years with the introduction of analytics and stats that now dominate the game. The teams that use at the best and can communicate the info to the players usually win. A great example of this is the GM of the Dodgers Andrew Friedman, who previously had been the GM of the Tampa Bay rays. Dodgers are well run team have a little bit of a small team mentality where they draft and develop players well, but also of the big resources and money to get the free agents. Teams have to convince the players how data will help their game. It isn’t that hard since the new generation has been raised on their cell phones and data. The idea being a singing how are you can swing better, or what is a better pitch for a pitcher to use so that players can play well. Older guys in baseball lament the analytics and how it’s changed the game. Amateur players understand how they have to do well on the metrics, and how hard they hit the ball, and swing playing in velocity. The older scouts and baseball people dislike the fact that it’s not about moving the runner over in contact anymore. The game has evolved and the analytics and the data shows you what you need to do to win. Sports, including baseball is good for TV because it has live programming and people still watch live programming. Baseball games still may take longer but they still get OK national ratings and very good local ratings. Baseball is working on a little changes for more balls in the way and excitement. There is a lot of home runs and strikeouts right now. Baseball making some rule changes to affect us like regulating the shift and how the defense fields, changes to the baseball and maybe bigger bases to encourage base running aggressiveness in more stolen bases as examples. Billy Beane of Moneyball and the Oakland A’s popularized baseball analytics and data. Been had a classic line I pay you to get on base, not to get caught stealing. No risky place. Tyler wanted to write World Series stories that people don’t know. An example is what happened in the next game after Don Larsen throws a perfect game for the Dodgers. What happened to setup Kirk Gibson home run in 1988 vs As Tyler loves the art of pitching and the slider and the knuckleball. He had written a previous book K the history of baseball and 10 pitches. Did Babe Ruth call his shot? That is the legend, but it is not true. Babe Ruth told the Cubs he was going to do some thing, but did not point at offense. Back then the cubs pitchers would’ve thrown at Babe Ruth if he was showboating like that. If you enjoyed this show, you may like: BRT Sports: BRT Marketing: BRT Business: More - BRT Best of: Thanks for Listening. Please Subscribe to the BRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: ‘Best Of’ AZ TRT Podcast: Podcast on Google: Podcast on Spotify: More Info: KFNX Info: ...
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Big Data, AI, + Psychographics – How Amazon, Google & Other Big Tech Keep You on Their Platform Revisited w/ Manu Aggarwal - AZ TRT S05 EP13 (228) 3-31-2024
04/05/2024
Big Data, AI, + Psychographics – How Amazon, Google & Other Big Tech Keep You on Their Platform Revisited w/ Manu Aggarwal - AZ TRT S05 EP13 (228) 3-31-2024
Big Data, AI, + Psychographics – How Amazon, Google & Other Big Tech Keep You on Their Platform Revisited w/ Manu Aggarwal - AZ TRT S05 EP13 (228) 3-31-2024 What We Learned This Week: Netflix, FB, Amazon, Microsoft, Apple, Google/YT – Tech co’s track all your data, create your profile and serve you what you like and connect you with others of the same interest and feed more interesting data. AI uses a Recommendation Model – you bought this, so you’ll like this. This model is 100x smarter now than years ago (getting smarter) and goes deep down the data mine Psychological Tricks by software try to keep you on the platforms through notifications, messages, emails, and more tracking Guests: Manuj Aggarwal Manuj joins BRT to talk about engineering Big Data and AI for growth, to give us actionable insights from data, cyberspace, cloud adoption, on customer analytics & psychographics. So much of tech is inter-connected from AI to The Cloud to data analytics to solution architecture, and design in Software Manuj is a 20 year tech consultant with an extensive background in software and AI. His resume is vast, consulting, tech, software, patents, author, courses, and more. Manuj is originally from India of humble means, worked thru the Dotcom Bubble (lost his job), and now runs his own company, Tetranoodle with a office in Canada. The clients list is a who’s who of tech, including Microsoft, IBM, and ING. His company has grown from 5 employees to nearly 30 in the last 2 years. You can also listen to his podcast – Bootstrapping Your Dreams, and a YT channel with business advice. Cloud Computing to process data has changed the game on Data. We don’t need huge computer anymore. Moore’s law has shown that computers get faster, while costs come down. CPU Processors are very fast and use 1 computer vs. many computers in a room in past. Algorithms of today have gotten smarter, doing things that could not be done 20 years ago. AI/Algorithms are always improving, learning, they try, then fail, and learns more. It gets faster, and better. This model is 100x smarter now than years ago, and goes deep on data mining. Netflix, FB, Amazon, Microsoft, Apple, Google/YT – Tech company’s track all your data, create your profile and serve you what you like and connect you with others of the same interest. Then they feed more interesting data. This is done thru their Recommendation Model – ‘you bought this, so you’ll like this’. The power of the FB lookalike audience – take 500 people on your list, and can match 1000 characteristics of 2 billion FB users. Tech uses Psychological tricks to try to keep you on the platform through notifications, messages, emails, and more tracking. Per Manuj, the news over-blows the big tech data topic. We all use FB, Google and other tech sites for free. The price is your data. This data is being organized to enhance your experience and help you. Privacy – people usually do not comprehend how data privacy really works and constant trade off to use this technology. Manuj is working on projects to use AI to bring people together – tech can help bring people closer and get new opportunities. People adapt to tech and new jobs – future of work. Tech Topic: Best of Tech: Investing Topic: ‘Best Of’ Topic: Thanks for Listening. Please Subscribe to the BRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: ‘Best Of’ AZ TRT Podcast: Podcast on Google: Podcast on Spotify: More Info: KFNX Info: Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
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Diagnostics in Life Sciences is the Key to Healthcare w/ Mara Aspinall of Illumina Ventures - AZ TRT S05 EP12 (227) 3-24-2024
03/27/2024
Diagnostics in Life Sciences is the Key to Healthcare w/ Mara Aspinall of Illumina Ventures - AZ TRT S05 EP12 (227) 3-24-2024
Diagnostics in Life Sciences is the Key to Healthcare w/ Mara Aspinall of Illumina Ventures AZ TRT S05 EP12 (227) 3-24-2024 What We Learned This Week Diagnostics is the key to healthcare, identifying medical issues and designing the right treatment for the patient Five Levels of Diagnostics – Screening, Diagnosis, Prognosis, Interacting, & Monitoring Illumina Ventures is a life sciences venture capital firm with 35 companies in their portfolio Their investment companies deal in genomics, cancer testing, telehealth, at home testing & more Future of Biotech will be impacted by both AI and Nanotech Guest: Mara G. Aspinall, Partner, Illumina Ventures President and CEO, Board Member of AZ Bio - Mara Aspinall is a healthcare industry leader and pioneer with a commitment to civic involvement. She is a Partner at Illumina Ventures, an independent, global healthcare venture capital firm focused on genomics and precision health investing including diagnostics and therapeutic products. Aspinall has deep roots in venture investing, having co-founded BlueStone Venture Partners in 2017. BlueStone has a strong portfolio of diagnostic, medical device, and digital health companies in the U.S. Southwest. Throughout her career, Aspinall has spearheaded initiatives to educate payers and policymakers on genomics and personalized medicine. She publishes the popular Sensitive and Specific: The Testing Newsletter and the annual Diagnostics Year in Review. This commitment to expanding knowledge inspired Aspinall to create and co-found the Biomedical Diagnostics master’s degree program at Arizona State University, the only program dedicated exclusively to diagnostics, genetics, and genomics. Previously, Aspinall was President and CEO of Ventana Medical Systems, a billion-dollar division of TheRoche Group, (now Roche Tissue Diagnostics), a worldwide leader in the development and commercialization of tissue-based cancer diagnostics, where she led more than two dozen major instrument and assay launches and helped position the company as a global leader in companion diagnostics. Aspinall spent 13 years at Genzyme Corporation, where she served as President of Genzyme Genetics and Genzyme Pharmaceuticals. Aspinall transformed the business from a small, specialized player to one of the top five laboratories in the U.S. while setting the industry standard for quality testing. The business was sold to LabCorp for $1 billion in 2010. Aspinall also served as Founder and CEO of On-Q-ity, a start-up diagnostic company dedicated to circulating tumor cells. During the pandemic, Aspinall emerged as a national authority on COVID testing, serving as the principal investigator at Arizona State University on grants from The Rockefeller Foundation, creating TestingCommons.com and EvidenceCommons.com – internationally recognized interactive databases on COVID diagnostics and related research and clinical applications. Aspinall was named Arizona Biosciences Leader of the Year by the Arizona Bioindustry Association and one of “100 Most Inspiring People in Life Sciences” by PharmaVOICE magazine. Aspinall has extensive board experience. She has served on multiple public and private company boards in leadership roles over the last ten years. She is currently Chair of the Board of OraSure (OSUR) and Chair of the Nominating & Governance Committee of Castle Biosciences (CSTL). She also serves on the board of BlueCross BlueShield of Arizona. She holds an MBA from Harvard Business School, a BA in International Relations from Tufts University, and is certified in Cybersecurity Oversight from Carnegie Mellon/NACD. Notes: Seg 1 All of life sciences and biotech is healthcare. Diagnostics is the central organizing portion in healthcare, and consists of testing if needed. There are five (5) levels to diagnostics. Level One is Screening – where a patient may or may not be sick, check the health status, and also could be regular check ups for something pre-diagnosed. Level Two is the Diagnosis - where tests are taken and then you see the results of the test. Level Three is the Prognosis – what symptoms does the patient have, and where you need to go from here, what will happen with these symptoms. Level Four is a newer part called Interacting - This is where you can do personalized medicine and what’s called theranostics or drug treatment. You combine drugs with the treatment. You have to analyze what type of drug is needed. What someone’s body is like, how they metabolize drugs. What dose central levels are needed. People’s reactions to drugs is not just body size or weight as suggested previously, but could be very much based on the genes. Level Five also new is called Monitoring - If disease treatment is over how do you monitor over the long term. What test do you take to confirm that there’s been no return of the disease. Examples would be an MRD test which stands for a minimal residue disease. You also may be doing things like CT scans or x-ray scans in the past, but sometimes these do not detect disease properly. Some cancers could be very small and you need a blood test. People may check in through cycles of a disease treatment also. Seg 2 Regarding monitoring and Level Five using cancer as an example. People may go through 6 rounds of chemotherapy treatment. The doctor should monitor by round 3 and check is the tumor reduced or how is the chemo working. Do you want to have benchmarks to see if you’re reaching the health goals and if the medicine is effective. Future treatment might be biopsy of a tumor and testing glass to see what drug may work on it. Revisiting Level Four in personalized medicine you may see in the future Chino metric analysis. Check the risk level for certain diseases so you can have a preemptive process to prevent potential predisposed diseases. This is level A. Level B would be when diagnosed with a disease, you check the tumor, mutations and genes checking both the DNA and RNA. Mara is on the board of AZ Bio (.org). The goal of AZ Bio is bringing educated people about biotech together to affect the state, the universities, and companies. Move research along with the responsibility to patients in the medical field. Mara is involved in venture capital which is critical, because it funds entrepreneurs in good companies to research and create Biotech product processes and products. There are other levels of investment, which typically start with friends and angel investing then move on to venture capital, and then private equity for really big rounds. She was the founder of Blue Stone and they invested in Southwest companies. In the fall of 2023 she became a partner at Illumina Ventures. They deal with 35 different companies. They’ve invested in all levels, biotech and genomics. You’re looking for a VC to be specialized and knowledgeable about an industry so they can help the business grow provide it with money and add expertise. Seg 3 Mara and Illumina Ventures recently put out a report - Diagnostics Year in Review. This report covers how did the industry is doing, what stocks earn money, what IPOs there were, financials, clinical, innovation, and mergers and acquisitions. How does venture-capital work? Typically you have individual funds one through five. You raise money from investors and invest in new emerging companies. Companies may be doing research, drug development, or working other areas of life sciences. Examples of companies in their portfolio: Delphi deals in cancer, diagnosis test and early screening for cancer and detection test. Level one screen checking for lung cancer and what early symptoms there are. Biopsy can be dangerous so you need other tests. Let’s Get Checked - a telehealth online company that brings testing to the patient either at home or in an urgent care or ER. This is faster and easier. Examples of test are Covid test and STD test. Serimmune human immunity research company Genome Medical a genetic counseling company, working with patients to discuss what diseases they may be predisposed to, and ways to not pass it to the Seg 4 Future of Biotech We saw with the pandemic, the rise of telemedicine with faster online diagnosis. We will also see in the future that AI changes drug development and reading tests The creation of better and faster equipment. The rise of nanotech, and early detection of diseases with blood samples - for example, at home blood draw. Check out the Best of Biotech Show: Best of Biotech from AZ Bio & Life Sciences to Jellatech - What We Learned This Week: AZ Bio mission to improve life sciences, & make AZ a Top 10 Bioscience state Aqualung Therapeutics is treating inflammation in the lungs, get people off ventilators & save lives Calviri is working on a Vaccine to PREVENT Cancer, currently largest animal clinical trial Anuncia Medical has a Re-Flow product to help drain fluid from the brain, treats Hydrocephalus Collagen 2.0 – Innovation to Gelatin & gummies Full Show: AZ Tech Council Shows: *Includes show from 2/12/2023 Tech Topic: Best of Tech: ‘Best Of’ Topic: Thanks for Listening. Please Subscribe to the BRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: ‘Best Of’ AZ TRT Podcast: Podcast on Google: Podcast on Spotify: More Info: KFNX Info: Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
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Crossing the Chasm & Tech Adoption Revisited w/ Geoffrey Moore - AZ TRT S05 EP11 (226) 3-17-2024
03/22/2024
Crossing the Chasm & Tech Adoption Revisited w/ Geoffrey Moore - AZ TRT S05 EP11 (226) 3-17-2024
Crossing the Chasm & Tech Adoption Revisited w/ Geoffrey Moore AZ TRT S05 EP11 (226) 3-17-2024 Things We Learned This Week • Crossing the Chasm book (1990) has become part of the lexicon for Tech Industry knowledge, mass influence on Tech CEOs last 25 years, constant references • Chasm – early market vs. mainstream market • 5 Stages of Adoption – Innovators, Early Adopters, Early Market Pragmatists, Late Majority, Laggards • Win tech ‘primaries’, win some ‘beachheads’ & create whole niche market – get mainstream market to create momentum to the point everyone wants the product • Legacy Co’s fail to make tech turn, because they lose money in short term shifting to new disruptive tech away from mature industry that brings in bulk of profits $ Guest: Geoffrey Moore Bio: Managing Director, Geoffrey Moore Consulting Venture Partner, Wildcat Venture Partners Chairman Emeritus, TCG Advisors, and Member of the Board of Directors of several pre-IPO Companies Books – Crossing the Chasm, Zone to Win, Inside the Tornado, The Infinite Staircase, Escape Velocity & more… Geoffrey Moore is an author, speaker, and advisor who splits his consulting time between start-up companies in the Wildcat Venture Partners portfolios and established high-tech enterprises, most recently including Salesforce, Microsoft, Autodesk, F5Networks, Gainsight, Google, and Splunk. Moore’s life’s work has focused on the market dynamics surrounding disruptive innovations. His first book, Crossing the Chasm, focuses on the challenges start-up companies face transitioning from early adopting to mainstream customers. It has sold more than a million copies, and its third edition has been revised such that the majority of its examples and case studies reference companies come to prominence from the past decade. Moore’s most recent work is the, The Infinite Staircase, a bold new book, high-tech’s best-known strategist makes a seminal contribution to the search for meaning in a secular era. Two questions fundamental to human existence have always been the metaphysical “where do I fit in the grand scheme of things?” and the ethical “how should I behave?” Religion is no longer a source of answers for many people, and nothing has replaced it. Irish by heritage, Moore has yet to meet a microphone he didn’t like and gives between 50 and 80 speeches a year. One theme that has received a lot of attention recently is the transition in enterprise IT investment focus from Systems of Record to Systems of Engagement. This is driving the deployment of a new cloud infrastructure to complement the legacy client-server stack, creating massive markets for a next generation of tech industry leaders. Moore has a bachelors in American literature from Stanford University and a PhD in English literature from the University of Washington. After teaching English for four years at Olivet College, he came back to the Bay Area with his wife and family and began a career in high tech as a training specialist. Over time he transitioned first into sales and then into marketing, finally finding his niche in marketing consulting, working first at Regis McKenna Inc, then with the three firms he helped found: The Chasm Group, Chasm Institute, and TCG Advisors. Today he is chairman emeritus of all three. Notes: Crossing the Chasm book Crossing the Chasm, Take Two: Growing to Scale in B2B2C Markets Crossing the Chasm (1990) has become part of the lexicon for Tech Industry knowledge, mass influence on Tech CEOs last 25 years, constant references 5 Stages of Adoption – Innovators, Early Adopters, Early Market Pragmatists, Late Majority, Laggards Disruptive Innovation – is created & early adopters put the tech on the market Chasm – early market vs. mainstream market. Win tech ‘primaries’, win some ‘beachheads’ and create whole niche market – get mainstream market to create momentum to the point everyone wants the product – FOMO (Fear Of Missing Out) i.e. – EV niche, the mainstream streaming video Tornado phase – run like hell to keep up with demand. 1999 – Salesforce – enterprise software in cloud, SAAS mass adoption by 2010 Mid market could not afford Oracle Cloud early on, with SAAS everyone can afford. Legacy Co’s fail to make tech turn, because they lose money in short term shifting to new disruptive tech away from mature industry that brings in bulk of profits $ All companies are Tech companies now, and everyone needs to read Geoffrey Moore’s work. Zone To Win book about Mature Industries invest in new tech – form new second operating model for new tech model within a mature company, meanwhile old model continues asa separate division selling current long term product Go out of business if do not make tech transition, disrupted so much by new tech, as old tech becomes obsolete (think VCRs) Apple, under Steve Jobs, did great R&D. Had first Mover Advantage disruptive technologies. Rare to be disruptive company – most are disrupters. Good enough, fast enough – get in the game, catch up and convince clients you’re part of future. Talent costs money, startups attract talent. Very hard for legacy companies to attract talent because talent wants to work on new tech. Nokia lost way with disruptive smart phone. Blackberry, Blockbuster disappeared quick because of disruptive tech. Blackberry had Keypad – was disruptive tech and blown out also by smart phone spin off of new R&D tech. Kodak had digital film, invented it but could not move off of print film (legacy biz) and lost market share. Amazon has constantly disrupted itself and evolved. Fuji could not move off print film, but saved by coloring techniques. Infinite Staircase – book, passion project of Geoffrey Philosophical book – complexity and emergence stitch all the science stories of Big Bang Creation of the Universe to BRT podcast in 2022 and Moral Questions of life, Where do traditional values come from now? Let’s hope AI does not take over Flashback to: Seg. 2 of 3/6/2022 MB on Disruption in Business & The Innovator's Dilemma book by Clayton Christensen Clayton Christensen’s book, “The Innovator’s Dilemma” Tech Disruption – technology changes and a small company startup can up-end big tech companies. Hence, disruption - the power of disruption, why market leaders are often set up to fail as technologies and industries change and what incumbents can do to secure their market leadership for a long time. Innovator’s Dilemma – how can big companies stay up with tech changes and pivot without hurting core business? All businesses (including tech companies) have trouble with disruption. Example: Blockbuster – rented movies, DVDs, lost market share to Red Box (vending movie rental), then both disrupted by streaming movies. Music industry went from records to cassettes to CDs to streaming (Napster). MySpace taken out by Facebook in social networks. Yahoo search taken out by Google (controls 75% of the search market) Kodak afraid to get out of film business and passed on digital film, lost market share. To solve the Innovator’s Dilemma, big companies acquire smaller tech companies; have in house R&D to be ready for next tech wave. Steve Jobs of Apple was very influenced by Innovator’s Dilemma and took this idea seriously. If you do not try to put your company out of business (w/ disruption / new tech), someone else will. Jobs was not afraid to innovate, and cannibalize his own company and products to stay relevant. Apple created iPhone, and now computer is in your pocket Peter Thiel – “Zero to One” book - Great innovation is not A to B to C, it is vertical, jumps curves. Current smart phones have more computing power than a computer 20 years ago. Guy Kawasaaki (former Apple) Talk - “12 Lessons From Steve Jobs” Full Show: Tech Topic: Best of Tech: Investing Topic: ‘Best Of’ Topic: Thanks for Listening. Please Subscribe to the BRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: ‘Best Of’ AZ TRT Podcast: Podcast on Google: Podcast on Spotify: More Info: KFNX Info: Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
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Leaders Teach us the Why, Playing Infinite Games & A Bit of Optimism w/ Simon Sinek - AZ TRT S05 EP10 (225) 3-10-2024
03/15/2024
Leaders Teach us the Why, Playing Infinite Games & A Bit of Optimism w/ Simon Sinek - AZ TRT S05 EP10 (225) 3-10-2024
Leaders Teach us the Why, Playing Infinite Games & A Bit of Optimism w/ Simon Sinek AZ TRT S05 EP10 (225) 3-10-2024 What We Learned This Week Best Selling Author & Speaker Simon Sinek talks Leadership & creating safe environments New Podcast A Bit of Optimism - inspiring stories Start With the Why - tell people the Why, before the What & How Playing Infinite Games - long term over short term Leaders Eat Last - Empathy, care about employees Guest: Simon Sinek, Best Selling Author & Speaker Simon is an unshakeable optimist. He believes in a bright future and our ability to build it together. Described as "a visionary thinker with a rare intellect," Simon has devoted his professional life to help advance a vision of the world that does not yet exist; a world in which the vast majority of people wake up every single morning inspired, feel safe wherever they are, and end the day fulfilled by the work they do. A trained ethnographer, Simon is fascinated by the people and organizations that make the greatest and longest-lasting impact. Over the years, he has discovered some remarkable patterns about how they think, act, and communicate, and also the environments in which people operate at their natural best. Simon may be best known for his TED Talk on the concept of WHY, which has been viewed over 60 million times, and his video on millennials in the workplace-which reached 80 million views in its first week and has gone on to be seen hundreds of millions of times. He continues to share inspiration through his bestselling books, including global bestseller Start with WHY and New York Times bestsellers Leaders Eat Last and The Infinite Game, as well as his podcast, A Bit of Optimism. In addition, Simon is the founder of The Optimism Company, a leadership learning and development company, and he publishes other inspiring thinkers and doers through his publishing partnership with Penguin Random House called Optimism Press. His unconventional and innovative views on business and leadership have attracted international attention, and he has met with a broad array of leaders and organizations in nearly every industry. He frequently works with different branches of the US Armed Forces and agencies of the US government, and is an adjunct staff member with the RAND Corporation - one of the most highly regarded think tanks in the world. Simon is also active in the arts and with not-for-profit work, or what he likes to call the for-impact sector. In 2021, he founded The Curve: a diverse group of forward-thinking chiefs and sheriffs committed to reform modern policing from the inside-out. Their purpose is to build a profession dedicated to protecting the vulnerable from harm while advancing a vision of a world in which all people feel justice is administered with dignity, equity, and fairness. A BIT OF OPTIMISM Podcast The future is always bright.if you know where to look. Join Simon Sinek each week for A Bit of Optimism as he talks to inspiring people who teach him more about life, leadership and generally interesting things. Simon’s Books: Start with Why - how great leaders inspire action | Simon Sinek | TEDxPugetSound - The Infinite Game - Leaders Eat Last | Simon Sinek - Notes: Seg. 1 Host Matt talking 3 Key Simon Sinek Concepts – Start with Why, Infinite Game, Leaders Eat Last Start with Why 'German philosopher Frederick Nietzsche once said, ‘He who has a why, can endure any how.’ Knowing your why is an important first step in figuring out how to achieve the goals that excite you and create a life you enjoy living (versus merely surviving!). Indeed, only when you know your ‘Why’ will you find the courage to take the risks needed to get ahead, stay motivated when the chips are down, and move your life onto an entirely new, more challenging, and more rewarding trajectory.' - excerpt from article People buy why you do it, so start with the why. Most business know the what, and how they do it - but rarely understand the 'Why'. This is what your mission statement should be. Starbucks does it for customer connection, to make interaction unique for the customer, make it an experience, more than just buying a cup of coffee. People believe Starbucks cares about them so they buy more coffee and keep coming back. It helps that customers enjoy the coffee, but there are lots of places to get good coffee. They go for the experience. Starbucks feels different than the other stores. The Starbucks is: "Our mission: to inspire and nurture the human spirit – one person, one cup and one neighborhood at a time." People wonder about the future of Apple after Steve Jobs. Their is about products and how much better they are than competitors. This is very different than what Jobs believed, and maybe that is why they have hit a bump recently. I pulled an excerpt from an investing article - 'It is radically different from original ideals, which are encapsulated in his mission statement: "To make a contribution to the world by making tools for the mind that advance humankind." This reflects Jobs' ethos and statements from his family members after his death – that what satisfied him most was watching kids use Apple products in the classroom.' The most fundamental difference between Apple's current ideals and Jobs' vision is that Jobs saw Apple products as a tool to improve the for mankind.' (You can read more .) There is a great called 'Start With the Why'. He explains perfectly this point. He even gives a good summary of Apple's marketing and what makes it so effective. The rise of social media has taught us a lot about ourselves. One thing is the need for more connection, to feel important, and often to be a part of something bigger. That is why the 'Why' is so important in business. People can get a bottle of water anywhere. But they would rather buy a brand that is environmentally friendly and trying to help the world. And they will pay more that bottle of water. Do you know your 'Why' in life? What motivates you to work so hard during the week? How well we do at our career is often affected by what our motivations are. It is more than just passion (though that helps also). It can be your family, or life mission, or some core belief. Whatever it is , it is always personal. No one else can tell you your 'Why'. When you are making a plan and it seems like it will be too difficult to carry out, the 'Why' can help. Even if you enjoy your job, relationship, or hobby, there will be tough times. Knowing the 'Why' will carry you through those tough times, and keep you believing. If you know the 'Why, you will find the 'How'. The Infinite Game There are two types of games: finite and infinite games. Finite games have clear rules, well-defined beginnings and endings, and clear winners and losers. Infinite games have fuzzy rules, no clearly defined "win," and players can change the way they play anytime. The objective is to keep playing for as long as possible. Finite games work when both participants understand the game and rules – like sports, football or basketball. Infinite Games also work when both players have the same objective – The Cold War, just survive and do not kill each other. Confusion happens when the opponents are playing different games. The example Sinek uses is the Vietnam War. USA was trying to kill the enemy and win the war thru military combat. Vietnam was just trying to survive and outlast the Americans, no matter how long it took. Another example is the rivalry of Microsoft vs Apple. Per Sinek’s experience speaking at events run by each company – Microsoft talked and focused on beating Apple. Apple focused on making better products. Microsoft was short term and short sighted. Apple was long term and had a vision. Companies that operate with a finite mindset are designed for stability. While they might produce quarterly results, they are not prepared to handle disruptions. In contrast, companies that play the infinite game are designed to embrace unpredictable situations and adapt to them. Infinite minded organizations think in terms of generations, not quarters. The five essential principles for the infinite mindset are: 1) exist to further a just cause, 2) build trust in teams, 3) find worthy rivals, 4) display existential flexibility to make extreme strategic shifts, and 5) find the courage to lead with an infinite mindset. A Just Cause is a clear future vision that is bigger than the organization that it serves to further. The Just Cause provides the long-term motivation, direction, and purpose required to play the infinite game. It creates customer loyalty, brings out the best in employees, and gives the organization both strength and longevity. The core task of a CEO is not to manage operations. The CEO should be the Chief Vision Officer who communicates the Just Cause to the team and ensures that C-level executives direct their efforts to advance it. The best-run organizations have a CEO who focuses on the long-term and a COO who focuses on business plans and operations. In an infinite game, competitors are not opponents to be defeated but "worthy rivals" who continuously push the organization to do better. In an Infinite game, more than one organization can simultaneously do well. Build a company with a culture and good product development that lasts….. Leader Eat Last: Why Some Teams Pull Together and Others Don’t Real Leadership is about empathy, and a circle of safety for employees Long term leaders focus on people, work as a team, & help each other Build an Environment of happy employees who feel inspired - happy chemicals Employees who are not afraid to fail, not concerned they will be punished for mistakes Simon does not like the modern capitalist picture created in the 1980s by GE CEO Jack Welch – aka The Welch Way or the Wrong Way per Simon Sinek’s argument that leading for long-term is better than leading for the short-term by comparing GE & Welch vs Costco — · The short-term leader: Jack Welch, former CEO of General Electric The long-term leader: Jeff Sinegal, former CEO of Costco Sinek compares GE vs Costco by measuring profits via the rise and fall of their stocks, and then connecting those price moves to the decisions made by the leadership. GE / Jack Welch / Short-term leadership: Profits at GE were like a roller coaster ride due to irrational decision making without regard for long-term implication Every year Jack would fire the bottom 10% of his managers at GE to balance the books GE did indeed make profit, but it was more like rolling the dice and gambling with lives of employees for selfish gain — this is not strategy, this is a man on high on dopamine Costco / Jeff Sinegal / Long-term leadership: While Welch was striking fear into the hearts of his managers, Jeff Sinegal was concerned about giving his employees a raise — at a time when the US was in an economic crisis… Sinegal would say that they should be helping the employees in bad times, not letting them go. Costco’s stock was (and still is) stable and predictable — nothing exciting about it, just great, clean, predictable progress, performance and profit… when you’re the 2nd largest retailer in the country, predictability is better than spontaneity. Seg. 2 Interview With Simon Sinek discussing his concepts, leadership, creating a safe and optimistic culture, and his new podcast – A Bit of Optimism Business Topic: Investing Topic: Tech Topic: ‘Best Of’ Topic: Thanks for Listening. Please Subscribe to the BRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: ‘Best Of’ AZ TRT Podcast: Podcast on Google: Podcast on Spotify: More Info: KFNX Info: Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
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SciFi Movies & Edward Zwick Hollywood Director - AZ TRT S05 EP09 (224) 3-3-2024
03/08/2024
SciFi Movies & Edward Zwick Hollywood Director - AZ TRT S05 EP09 (224) 3-3-2024
SciFi Movies & Edward Zwick Hollywood Director AZ TRT S05 EP09 (224) 3-3-2024 What We Learned This Week Ed Zwick Hollywood Director & Producer with 40 years in the industry ILM - Industrial Light & Magic is the premiere special fx company created by George Lucas SciFi Movies predicted the Future – what has become reality? The Internet & Choice – How the Martix movie showed us a new reality of virtual worlds that seem too real AI Man vs Machine – Blade Runner and The Terminator movies give terrifying scenarios of AI run amok Guest: Edward Zwick, Hollywood Director ED ZWICK BIO (FROM TRIBUNE.CA) More Bio Info from IMDB: Ed Zwick first hit the Hollywood radar screen as the producer/writer/director of the award-winning drama series Family, starring James Broderick (Matthew Broderick's father). Zwick landed the job after his short film, Timothy and the Angel, won first place in the student film competition at the 1976 Chicago Film Festival, catching the attention of the Family producers. He began as a story editor, then moved on to become a director and producer of the show, which ran from 1976 to 1980. Zwick went on to work on other critically-acclaimed series, including thirtysomething (for which he won an Emmy), My So-Called Life and Once and Again. In 1984, he won an "Outstanding Directorial Achievement in Dramatic Specials" Directors Guild of America award for the TV movie Special Bulletin. His first venture into feature film directing came with About Last Night (1986), starring Demi Moore and Rob Lowe, then received a Golden Globe nomination for "Best Director -- Motion Picture" for the Academy-Award® winning Glory (1989) starring Matthew Broderick and Denzel Washington. He has also directed the major motion pictures Leaving Normal (1992), Legends of the Fall(1994) starring Brad Pitt and Courage Under Fire (1996) starring Meg Ryan and Denzel Washington. Zwick worked with Washington yet again in The Siege (1998), then directed The Last Samurai (2003), starring Tom Cruise. In 2006, Ed directed the Oscar-nominated Blood Diamond and followed that up with the 2008 drama Defiance, which also earned an Oscar nomination. Two years later, he helmed Love and Other Drugs. In 2014, Ed brought the story of American chess prodigy Bobby Fischer to the screen in Pawn Sacrifice. Ed's latest film reunited him with Tom Cruise. The men worked together on Jack Reacher: Never Go Back (2016). Ed was also executive producer of the TV series Nashville from 2016-2018. As a producer of the 1999 Best Picture winner Shakespeare in Love, Zwick won an Academy Award®. He is also the recipient of the American Film Institute's Franklin J. Schaffner Award, a Lone Star Film & Television Award Best Director award, the Humanitas Award and a Writers Guild of America award. ABOUT ED ZWICK AND HITS, FLOPS AND OTHER ILLUSIONS: My Fortysomething Years in Hollywood This heartfelt and wry career memoir from the director of Blood Diamond, The Last Samurai, Legends of the Fall, About Last Night, and Glory, creator of the show thirtysomething, and executive producer of My So-Called Life, gives a dishy, behind-the-scenes look at working with some of the biggest names in Hollywood. "I'll be dropping a few names," Ed Zwick confesses in the introduction to his book. "Over the years I have worked with self-proclaimed masters-of-the-universe, unheralded geniuses, hacks, sociopaths, savants, and saints." He has encountered these Hollywood types during four decades of directing, producing, and writing projects that have collectively received eighteen Academy Award nominations (seven wins) and sixty-seven Emmy nominations (twenty-two wins). Though there are many factors behind such success, including luck and the contributions of his creative partner Marshall Herskovitz, he's known to have a special talent for bringing out the best in the people he's worked with, especially the actors. In those intense collaborations, he's sought to discover the small pieces of connective tissue, vulnerability, and fellowship that can help an actor realize their character in full. Talents whom he spotted early include Brad Pitt, Matt Damon, Denzel Washington, Claire Danes, and Jared Leto. Established stars he worked closely with include Leonardo DiCaprio, Anthony Hopkins, Tom Cruise, Julia Roberts, Anne Hathaway, Daniel Craig, Jake Gyllenhaal, Bruce Willis, Demi Moore, and Jennifer Connelly. He also sued Harvey Weinstein over the production of Shakespeare in Love-and won. He shares personal stories about all these people, and more. Written mostly with love, sometimes with rue, this memoir is also a meditation on working, sprinkled throughout with tips for anyone who has ever imagined writing, directing, or producing for the screen. Fans with an appreciation for the beautiful mysteries-as well as the unsightly, often comic truths-of crafting film and television won't want to miss it. Notes: Seg 1 Special FX ILM George Lucas Company, industrial light and magic Built the company with money made from Star Wars, on Skywalker Ranch Revolutionized, special effects, and movies first with Star Wars, then beyond, use of green screen and practical effects with models miniature creatures Disney bought Lucas film and ILM Studios in 2012 long history for special effects with many famous directors using IM from George Lucas to Ron Howard to Steven Spielberg to James Cameron Digital effects and computer graphics On famous movies like the abyss, Jurassic Park, Star Wars movies, Conan, ET, Star Trek movies, poltergeist, Indiana Jones, movies, back to the future, Spaceballs, ghost, and for October, T2, etc. TV Amazing stories, the Mandalorian, Big Bang theory, Star Trek, the next generation, tales from the crypt Animation Wall E Many famous special effects, people, and even some future directors like Joe Johnson, started at industrial light and magic studios, also much of the cast of MythBusters worked there Eras of Special Effects Practical Effects Wizard of Oz SciFi movies in 1950s 2001: A Space Odyssey in 1969 Star Wars in 1977 ILM Studios of 1980s to 1990s T2 in 1991 Jurassic Park in 1993 The Matrix in 1999 Modern Marvel Movies – computer digital effects / green screen movies More on ILM from Wikipedia: Seg 2 Interview w/ Hollywood Director Ed Zwick Ed joins the show to promote his Hollywood book on his 40 year career as a writer, producer and director in both movies and TV. Seg 3 & 4 Did Sci Fi Movies predict the Future? Talking AI, Internet and Choice Guest: Eric Almassy LinkedIn: Eric is a regional sales director, & also a part time Actor Eric joins the show to discuss sci-fi movies, and what predictions about the future have come true. Seg 3 - Internet & Choice The Internet has created a connected world through cyberspace. Now virtual reality and relationships online exist through dating websites and social media. The irony is people may be less social, as they still have trouble connecting despite more access to technology. An example is people text more than they talk. The Internet has added new types of addictions, like just staying home and being online all the time, pornography & gaming addictions, where people get lost in virtual world. The Matrix - virtual reality & the internet People in the movie choose a fantasy ‘comfortable’ world (blue pill) vs a harsh and tough reality world. They would rather just plug into the Matrix and be in denial. The problem of choice, as there are consequences with choices in the real world. The Matrix world provides all of your needs. Matrix in the current modern world, a world where people would not leave their house and just build an entire alternate life online. You can work from home, and get anything you need delivered. Another movie about tech and internet connection is Minority Report. This is government surveillance to extremes. It also discusses the choices we make, and control of our lives. Freedom vs danger is another theme. All themes that apply in a dangerous modern world. Totalitarian governments like China are literally spying on their people, through what they search for on the Internet, their social media, and surveillance of cameras Many western governments use surveillance through drone, satellites, and cameras. Also, sometimes protecting people, and sometimes intruding on their rights. Seg 4 - AI Man vs. Machine Blade Runner - staying human in AI & tech dependent world. Blade Runner is a movie about androids and what constitutes being a human. The android characters seem to have more soul than the humans, as the world of Blade Runner is cold and depressing. Androids or AI life forms have been created to do the dirty work, mining, prostitution and fighting wars, then, when not needed they are terminated. The Terminator - AI and drones Terminator movie came out in the 1980s and was an allegory about the fear of nuclear war. Will advanced weapons kill everybody? Cyberdyne Systems uses sentient AI machines who take over and build robots who try to exterminate the human race. The irony is the humans initially created the AI to have more technology and better weapons, and it winds up wiping them out. Raises questions about - just because we can, should we be building the weapons. With the same themes, as Jurassic Park, Wargames, or any biological type movie, basically science run amok. Modern armies, have drown and surveillance equipment, and can hunt down people and kill them from a great distance. An operator of a drone could literally be on the other side of the world. The morality of these weapons is an issue today. People choose technology out of laziness, and often give little thought to how it affects their lives. They do not want to do the task, make it easier. Past AZ TRT Shows on AI: Software Delivered AI w/ Brian Stevens of Neural Magic AZ TRT S05 EP08 (223) 2-25-2024 Full Show: Artificial Intelligence (AI) – how the Algorithm Connects Us All - BRT S02 EP43 (90) 10-24-2021 Full Show: Tech Themed Show: If you enjoyed this show, you may like: BRT Sports: BRT Hollywood: BRT Marketing: BRT Business: More - BRT Best of: Thanks for Listening. Please Subscribe to the BRT Podcast. Business Roundtable with Matt Battaglia The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving. Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more… BRT Podcast Home Page: ‘Best Of’ BRT Podcast: BRT Podcast on Google: BRT Podcast on Spotify: More Info: KFNX Info: Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
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Software Delivered AI w/ Brian Stevens of Neural Magic - AZ TRT S05 EP08 (223) 2-25-2024
03/01/2024
Software Delivered AI w/ Brian Stevens of Neural Magic - AZ TRT S05 EP08 (223) 2-25-2024
Software Delivered AI w/ Brian Stevens of Neural Magic AZ TRT S05 EP08 (223) 2-25-2024 What We Learned This Week Neural Magic Deepsparse software helps B2B Clients incorporate AI into their tech stack Large Language Learning Models of AI can be costly & require massive computing power Their clients now control their AI Model Opensource AI Foundation Models for training AI uses a Recommendation Model Guest: Brian Stevens Chief Executive Officer of Neural Magic Brian Stevens is chief executive officer of Neural Magic. A tech veteran with more than 30 years of experience, Brian has a rich history of building/advising high-impact companies and driving disruptions that transform the industry. In his role at Neural Magic, Brian aims to democratize Generative AI for enterprises and make it more accessible and affordable to all. In his career, Brian has served in a variety of executive roles at world-renowned companies including VP and CTO of Google Cloud, and CTO and EVP of Worldwide Engineering at Red Hat. Brian currently serves on the board of directors of Nutanix and Genpact, and is a former member of the board of directors of the American Red Cross, IEEE, OpenStack Foundation, Data Gravity, and Pentaho. Brian holds a master’s degree in computer systems from Rensselaer Polytechnic Institute and a bachelor’s degree in computer science from the University of New Hampshire. In his personal life, Brian is an accomplished carpenter and woodworker with a passion for refurbishing old homes. NEURAL MAGIC About: Neural Magic is an AI company, born out of the Massachusetts Institute of Technology (MIT), on a mission to help customers innovate with machine learning, without added complexity or cost. While pursuing research at MIT, founders Nir Shavit and Alexander Matveev launched Neural Magic, a software-delivered AI solution, to address their frustration with the constraints of GPUs and existing hardware. Using Neural Magic’s DeepSparse Inference Runtime, customers can easily deploy deep learning models on commodity CPUs with GPU-class performance. For more information, including all of Neural Magic’s offerings, visit or follow @neuralmagic on Twitter, LinkedIn, and YouTube. Open Source AI for Business-2024 Is the Year to On Ramp Brian Stevens, CEO of is at the helm of this growing trillion-dollar industry (proper source) As enterprises prepare for 2024, the growing demand for AI optimization is top of mind. is fulfilling that need with software-delivered AI. Enterprises use Neural Magic's runtime and open-source sparsification tools for maximum CPU speedups of NLP (including LLMs) and computer vision models. “It is my goal to democratize AI using optimized CPUs as the onramp to generative AI, making it faster, affordable and agile for enterprises.” – Brian Stevens, CEO, Neural Magic Neural Magic has created a software architecture for the future of machine learning with an open-source LLM (Large Language Models) approach that enables enterprises to leverage existing commodity hardware (x86 and ARM). The net result demonstrates the power of software and model optimization across different computing platforms to enhance the scalability and efficiency of AI workloads. Neural Magic was founded in 2017 by MIT professors and research scientists. The company has raised more than $55M from blue chip investors including a recent $35M Series A led by NEA, with participation from Andreessen Horowitz, VMware, Verizon, Amdocs, Comcast, Pillar, and Ridgeline Ventures. Neural Magic has strategic partnerships with CPU manufacturers like AMD and Intel, cloud providers like AWS and Google Cloud, and software vendors like Red Hat and Ultralytics. These partnerships allow Neural Magic to provide value at all levels of the development lifecycle, from the models themselves down to the silicon. Notes Seg 2 AI you’ve been around since the 1950s and retail businesses have been using AI for years now. Wayfair out of Boston has incorporated AI. They understand the shopper experience. In its simplest form, AI uses the recommendation model - presents back to you similar things you’ve been searching for. If you like this, you’ll like something similar. This is now a very large part of business revenues, while also helping to better the user experience. There are large language, AI models, which involve more math in the program and need more computing power. Harder to run this larger AI model. Businesses need an AI division in their tech stack now. Many large companies have an dedicated AI Lab. This is similar to how they had built out a cloud model in the past. Nowadays though, business understand their models need more integrated. You train an AI model with company data. Lots of data. Seven data set to start using reference material like Internet sites or Wikipedia. It does cost a lot to change this model. There are options to build on an existing model open source AI programs. What is used now is called a foundational model, and then you train it on your company product catalog. Seg 3 Brian‘s background is a computer science degree and software developer. He worked in New England. He’s a technologist, solve the problem in use case for tech product manager. Worked at Redhat through 2001, and the.com crash. Also worked in open source in Linux platforms. Then was at Google cloud, working onsite in Mountain View, California. This was no remote jobs back in 2014. He was there for 5 years and helped with the company going from $50 mil to $10 bil revenue. Move back to New England. Connected with a professor from MIT, who had started a company on AI software and Brian joined as CEO. Company is called Neural Magic, and the website is neuralmagic.com. Deepsparse is their software stack which runs deep AI learning model that you deploy on servers. They fine-tune the model and adapted it to customer stack. This is for businesses to optimize AI for customers. It is similar to an interface with company software. AI language model that is large needs. Lots of infrastructure. What neural magic does is? It makes the model faster and more efficient. Seg 4 ChatGPT has changed things with AI. AI interface is similar with API codes with response and language size. Need a model that meets needs with a data set that makes the models run more efficiently on lots of hardware. Neural magics deep sparse is an inference server and training to deploy in production and could be days to train. There are 3 challenges with AI for businesses. First is expensive and enterprise does not control things when they use a hosted model or a hosted service like open AI. Second, they have to feed data to the host to train the AI model and there are privacy and security issues. Third you have a lifecycle , which must qualify and test the text stack with each time you update. Neural Magic allows enterprises to own the AI model. Now they have security, privacy and updates are all handled. This is AI on their own terms and gives them options. Full control and it looks like just another application. Open source AI machine learning model in the cloud and can work on servers like Oracle, Amazon - AWS, the Google cloud, or Microsoft Azure. Client has liability with software, and they still need to protect it. More info go to neural magic.com can learn about the product, the marketing as well as the community. Seg 1 - Clips from: Artificial Intelligence (AI) – how the Algorithm Connects Us All - BRT S02 EP43 (90) 10-24-2021 5 Things We Learned This Week: AI is inter-connected with so many technologies & you use AI often on a daily basis AI is a part of almost all industries from Healthcare, Finance to Defense Human in the Loop - humans will always be needed to Interpret the Data, but AI will assist Software Teams must be managed so the product is integrated properly in the bigger picture Moore’s Law – Each year computing power grows 2x as fast, but cuts the cost in half Naru and his team are working on document management, where their AI program will be able to read documents and determine what the info is. Rising Cloud is another project they are building that manages a company cloud usage to improve costs. Moore’s Law – Each year computing power grows 2x as fast, but cuts the cost in half Cloud Computing happens in the cloud and internet for your programming vs Edge Computing that happens right on your phone and does not need to go out to the cloud. Bigger the data request or process determines if Cloud or Edge is the best choice. People interact with AI (Artificial Intelligence) daily on their phone, email, internet search and beyond. User Agreements in your phone or websites you use say they can take your search data and use it to enhance your experience. AI Search uses past searches by you, vs what are the popular other searches by other people on the internet. It happens so fast and has the best / popular search options loading before you are even done typing. This is called a Recommendation Engine, just like Netflix or Amazon find shows or products you may like. These recs are similar to what you have watched or bought previously, or in similar genres. The downside is you may not see different options, just more of the same. AI determines what you see daily on the internet, and can create a silo effect. Inventives uses a common solution, called Human in the Loop to review what the AI is doing. Then the searches or recommendations are reviewed to see how accurate they are. Full Show: Best of Biotech from AZ Bio & Life Sciences to Jellatech: Biotech Shows: AZ Tech Council Shows: *Includes show from 2/12/2023 ‘Best Of’ Topic: Thanks for Listening. Please Subscribe to the BRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: ‘Best Of’ AZ TRT Podcast: Podcast on Google: Podcast on Spotify: More Info: KFNX Info: Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
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IT Setup & Cybersecurity w/ Luciano Aguayo of Redgear - AZ TRT S05 EP07 (222) 2-18-2024
02/22/2024
IT Setup & Cybersecurity w/ Luciano Aguayo of Redgear - AZ TRT S05 EP07 (222) 2-18-2024
IT Setup & Cybersecurity w/ Luciano Aguayo of Redgear AZ TRT S05 EP07 (222) 2-18-2024 What We Learned This Week RedGear provides turnkey IT solutions for clients. Outsource IT to shift liability IT often an afterthought, when it should be a major priority - lifestyle of tech in a business Data is lifeblood of a company, need security Cybersecurity is just one part, need to monitor physical location, who has access, email, etc Guest: Luciano Aguayo of Redgear Luciano Aguayo is a Texas native, and an active member and contributor to the Southwest Technology community. His professional career spans a diverse industry portfolio and has held various titles and certifications at the senior engineering and senior management levels. Luciano specializes in designing and implementing turnkey complex infrastructure solutions. For the past 20 years Luciano has designed and implemented numerous infrastructures for regional and local school districts, has a diverse portfolio of local and international businesses, including the federal government, and key Southwest landmarks and attractions. After several years in the private sector and after building a loyal customer base, Luciano launched RedGear in 2016. RedGear is a regional business to business technology solutions company. Since its inception, RedGear has quickly grown to 4 locations, 50+ employees, and recently opened a regional office in Phoenix, Arizona. Luciano remains active in the technology industry helping oversee the portfolio of one of Southwest's largest developers. He also is an active member of El Paso Community College ITSC Advisory Committee He also owns and operates El Paso’s newest carrier neutral datacenter. He brings effective and proven leadership and mentoring qualities and has an eye for detail when managing projects. He has a passion for technology, giving back to the community, and mentoring the future generations of Engineers. 20+ years experience in: Cisco CCNP Routing and Switching, Cisco Nexus Datacenter, CCNP Voice, CCDA, Cisco Security, Cisco WLAN, Cisco Unified Communications (VoIP), Citrix CCA, Citrix Xen Desktop, Citrix XenApp, MCSE, MCSA, Operating Systems Troubleshooting, Hardware/Software Troubleshooting, Advanced Windows Server Configuration and Troubleshooting, VM Ware, Enterprise Design, Implementation, solutions, IT Consulting, and much more. RedGear RedGear provides professional technology services, equipment, and consulting in the Southwest US region. Our entire culture is built around supporting business infrastructures, while building relationships and delivering an exceptional customer service experience and always keeping our customers best interest a top priority. We’ve built our success by reputation, quality of work, professionalism, and always being there for clients every step of the way whenever they need us. Our services, certifications, experience, and expertise cover the entire spectrum of Information Technology that no other regional technology service provider can match. We manage all aspects of Technology so the customer can focus on running their business. Our company vision is based on delivering premier customer service by employing and retaining top talent that believes in our mission, we work hard to provide trusted, honest, immediate, and excellent IT services to every client, no matter how big or small. No more wondering what kind of support you will receive. Our staff is certified in numerous fields, to offer the upmost reliable support. Our experience is vast covering all sizes of organizations and industries. Notes: Seg 2 Redgear IT company responsible for security of their clients. IT is a lifestyle. RedGear value proposition is turkey solutions. They are your smart friend to help with tech. Support IT for small businesses. They also have larger enterprise type clients. They act as a consultant, and can screen for a CTO or a CIO for a company. IT should be a priority of companies yet, it is often an afterthought. Need to understand how to secure an IT room, not just in software, but also the actual room itself. Who has access? RedGear works in the tech and security industry which is the backbone of all organizations and compliance. People hire RedGear to outsource and shift liability. IT in its simplest form is anything that you plug into the wall and connect to the Internet. It can also mean security. Trust of your IT provider, and keeping business contingency. Question, businesses always have to answer is how long can they stay down with an interruption and survive. Plus what is their plan for data retention. IT can be about network, connections, computers, hardware, and the actual Physical IT room. Can also deal in cyber security and password resets. IT has both software as well as hardware like servers and programming applications. Luciano has 20+ years of experience working in IT and technology. Information Technology not always the priority of many companies but it really should be. Need a plan going forward to manage security and data in all businesses. You have to determine what’s going to be your budget based on the size of the business. Not uncommon to outsource to companies like RedGear. Also need to think about the physical aspects of IT, like is your room secure? What type of energy your BTU air conditioner usage are you using? Who has control, how cool is it. Who has access to the room? What is your electrical circuit set up? Do you have redundancy? Or electrical circuit separate and dedicated to the IT. What is your data or cloud storage like? Seg 3 IT is the backbone of many organizations and should be a priority. Need to hire trustworthy people, as well as outsource IT to trustworthy companies. There’s no perfect set up. Unfortunately, security breaches are more question of When, and not if. One of the worst stories about IT Luciano ever heard of was the janitor storage closet was the same as the IT room. Another issue with a lot of IT rooms is they don’t have good cooling. IT should be a separate room with good security. You want to also have video security and badge access. Physical access of an IT room is very underrated. Security is the biggest threat to the end-user. You have to know when a breach happens. How did it happen? It could be software but often it’s actually the employees as a threat. They need to pay attention to what is going on and types of emails they get. Also, sometimes security breaches are an inside job. Companies need to test and educate their staff about IT. Once Malware gets in to the system it can take over accounts and send email as the person. Phishing scams unfortunately are still very popular with emails. Good email security typically will filter out malicious emails. Then you waitlist your contact, so you know who it’s OK to email. All these need to examine emails. Seg 4 IT reviews & monitors compliance, so a company must determine a budget. Data is the gold of companies now. Data contains the companies processes, industry secrets, and private employee and customer info. It is crucial to have a backup of company data, typically onsite and secured, plus offsite in the cloud. You’ll always want to build in redundancy and have backup servers for data. Good IT set up will have disaster recovery. As for the physical set up and protecting data, you want to be aware of how your sprinkler system is set up. You always have to guard against disgruntled employees, who could steal or delete company data. Your IT provider needs to know the industry and have good experience to engineer the proper solution. RedGear has worked with some top level clients, including the DEA in Washington DC on a federal level. Their cyber security needs to be top-of-the-line. It is not in common for the average big company to deal with corporate attacks where hackers try to steal data, and then even hold it hostage for ransom. Common practice nowadays is for a business to have cyber security liability insurance. The application for the insurance will ask about the physical environment and the set up of the IT and data. The medical industry has updated cyber and HIPAA compliance. It is essential to have good IT, hospitals and any major medical office. RedGear is your IT smart friends. They will always give you recommendations of good better and best. Seg 1. – Related IT Clips from: Phishing, Malware & Cybersecurity - Try Not to Get Pwned - BRT S02 EP47 (94) 11-21-2021 What We Learned This Week: Have I been Pwned? Means have I been breached / hacked – did someone hack my email or website Phishing – most common type of email threat, like when you receive a strange email with a link – Do Not Open – DELETE (and alert other office staff of the email) Ramsonware – hack your website, or data – hold it hostage for an extortion ‘ransom’ payment Dark Web – where stolen data, & info is being bought & sold VPN Connections – direct and secure Guests: Vince Matteo, Seven Layer Networks, Inc. There are many different types of cyber attacks from a password breach, website hack to email phishing scams. Vince Matteo of Seven Layers (.com) gives advice on what to be on the lookout for, tips for protection, and some reference sites for more info. We discuss Email Phishing scams, spearphishing attack, password breaches, website hacks, data breaches, ramsonware, software and VPNs. Full Show: Cybersecurity, Disruption, Blockchain & Terrorism w Ari Redbord of TRM Labs - BRT S02 EP31 (78) 8-1-2021 What We Learned This Week Cybersecurity is extremely important industry for national security TRM Labs startup in cyber-security, monitors blockchain OFAC - Gov’t administers economic and trade sanctions Ransomeware – specific breach, takeover of a computer system, holds data hostage Programatic Money Laundering – bad guys create new addresses, create ‘shell’ companies Guest: Ari Redbord, Head of Legal and Government Affairs w/ TRM Labs Ari is formerly a US Attorney, and worked in the Treasury Department, now advises the Government on cybersecurity, and Blockchain. Cybersecurity is a fast growing and extremely important industry for national security, and corporate interests. There are Nation States acting as bad players in the cyber realm and targeting the US Government and US business. We discuss the advancements in technology on cyber crime, blockchain, crypto, and online fraud. How is the FBI dealing with Ransomware, and other cyber attacks on prime targets like the Colonial Pipeline, or other big corps. What Regulations are coming in banking, and Fintech, with KYC (Know Your Customer), plus the big banks like JP Morgan Chase and Goldman are on board. What the blockchain ledger can help solve in security, to monitor criminal activity in real time with the help of crypto exchanges like Coinbase. Lastly, what TRM Labs does for clients, how they advise, operate, and who they work with. Notes: TRM Labs – blockchain security biz, works with law enforcement and businesses. Financial exchanges and Regulators. Monitor cyber-security - TRM – startup, 3 yrs old, Ari joined 2021. Monitor risk in crypto currency. Full Show: Best of Biotech from AZ Bio & Life Sciences to Jellatech: Biotech Shows: AZ Tech Council Shows: *Includes show from 2/12/2023 ‘Best Of’ Topic: Thanks for Listening. Please Subscribe to the BRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: ‘Best Of’ AZ TRT Podcast: Podcast on Google: Podcast on Spotify: More Info: KFNX Info: Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
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Risky Business in Rising China w/ Mark Atkeson - AZ TRT S05 EP06 (221) 2-11-2024
02/15/2024
Risky Business in Rising China w/ Mark Atkeson - AZ TRT S05 EP06 (221) 2-11-2024
Risky Business in Rising China w/ Mark Atkeson AZ TRT S05 EP06 (221) 2-11-2024 What We Learned This Week Mark worked in many industries in China - Aircrafts, EV Cars, Mobile Phones, Internet Co. & Aircraft Parts Mark first worked in Japan w/ Sony, China must be careful, not to repeat Japan‘s Lost Decade of 1990s China has a lots of investment in EV Car & Solar Market US v China Rivalry is not dying down, two most important Tech countries, who must learn to co-exist Guest: Mark Atkeson Mark Atkeson is an international business leader, investor, entrepreneur, and author. A foremost expert on doing business in China, Mark managed, partnered in or provided services to Chinese-based companies for more than three decades in industries ranging from machine tools to aircraft engines, automotive manufacturing, mobile technology, startup venture investing, and aviation asset trading. Most recently, Mark wrote and released Risky Business in Rising China: Deals, Ordeals and Lessons Learned as an American Entrepreneur in a Surging Superpower Grappling with Growing Pains, chronicling his real-life experiences managing joint ventures and startup companies in China. Now living in California, Mark continues participating in the Chinese economy as founder and managing partner of China Aviation Partners LLC, which provides software services, market research and other consulting for China-related businesses. Mark is a graduate of Yale University and the Massachusetts Institute of Technology with master’s degrees in Electrical Engineering and Business Administration. For more than 30 years, American entrepreneur Mark Atkeson found himself in the trenches of the Chinese economy managing joint ventures and startup companies. His new memoir, RISKY BUSINESS IN RISING CHINA: Deals, Ordeals and Lessons Learned as an American Entrepreneur in a Surging Superpower Grappling with Growing Pains, chronicles Atkeson’s real-life experiences as the world’s most populous nation transformed itself into a global economic and military superpower. Over his three-decade career, Atkeson worked across a variety of industries ranging from aircraft maintenance to electric-vehicle production, mobile internet to venture capital. In addition to Atkeson’s behind-the-scenes business dealings with entrepreneurs and government officials, the book offers an unprecedented glimpse into Chinese society, its economy and its governance into the near and distant future. RISKY BUSINESS IN RISING CHINA has received high praise from readers. Here’s what people are saying: “Atkeson is a talented storyteller whose diverse and adventurous China business career winds along the path of China’s progress and setbacks.” – James McGregor, American author, journalist and businessman, and three-decade resident of China “Mark Atkeson's China business memoir recounts his peripatetic career from the early days of the Open Door Policy to the Modern China of 2023 in an honest, humorous and detailed way. This book will be valuable for anyone seeking to understand the often messy ‘inside story’ of China's rise in the late 20th Century, and the role that foreign managers and investors played in the process.” – David G. Brooks, former chairman, Coca-Cola Greater China and Korea “If you want to understand today’s China, and the forces changing it, you need to read Atkeson’s book.” – John Clasen, former director of China business development, Magellan Aviation Group Notes: Seg 1 Marc worked in China from the late 1980s to just after 2010. He saw the country go through their reform phase, and then capitalist rise. For nearly 20 years the political ideology took a backseat to market forces. An astounding 800 million people came out of poverty. Mark worked with lots of companies in his career, dealing in venture capital, mobile phones, Internet, companies, EV cars, machines, and aircraft. China is the 2nd most advanced nation in the world in technology, behind the US. Chinese Internet company TikTok is just one example of the Chinese advancement in AI and tech. Products that people use on an average day usually have some connection to China, like manufacturing. Giant US corporations like Walmart, Amazon and Apple are all very dependent on China. China is the 2nd largest economy in the world. The modernization of China was like a tidal wave from the 1970s to the early 2000s a 30+ year run. It seems though that in 2023 we’ve seen the crust of the wave with China slowing down. GDP in China is no longer 10% a year but more like 2 to 5%. Both property and consumer sales are down. China has a middle class of 400 million people and most of their net worth is in their real estate. Real estate has been down in China the last few years, so millions of people have taken a hit. Mark worked in Japan for Sony Corp. from 1988 to 1989. Japan in the 1980s was the rising superpower to challenge the US. It was number 1 in growth. Then in 1990, the dual economic bubble burst (stock mkt & real estate) in Japan and they entered their lost decade. It took 30 years for the real estate in stock market to get back to the 1989 levels. China may be facing some of the similar problems of Japan, dealing with too much growth, leverage, debt, and possibly demographics. China will need decades to de-leverage from their current debt situation. Seg 2 Mark’s grandfather was stationed in China in the late 1930s. This was during the start of the conflict with Japan and pre-World War II. Mark‘s father worked in Far East banking circa 1970s – 19080s. Mark actually took Chinese in college. In 1982 he took his first trip to China. He remembers the country being poor with small buildings and very few cars. During the 1980s foreign businesses were investing more in China. In the early 1990s, Mark got his first job in China working the aircraft industry. They were maintaining airplanes for a Chinese airline. Regulations were lax and implementation was lacking. He ran a factory in China in the Szechuan province. They installed the Toyota production system, for more efficiency, collaboration, built and grew the factory. Factory dealt with diesel and fuel. Unfortunately, corruption and theft mafia style was very common. Example of the corruption was the sales force would take bribes. This was a state owned auto group and corruption. Scams were not uncommon in the business world in communist type countries. Seg 3 In 2001, Mark got involved in a venture capital company. He was being replaced by the local population and younger managers to run the factories he had built up. He decided it was time to transition to a new industry. Him and some partners created an investment fund. They were investing in products in mobile tech and the Internet. He could see the upcoming Internet business on phones which were very popular in China. Consumer products like payments, info services and entertainment. The idea was to build an incubator - set up to invest in Chinese entrepreneurs. Then raise Series A funding and strategic buyers over the long term for an exit. They were paying 8 Chinese engineers for 12 months in an angel investing deal for just $100,000. It was a Portfolio of 10 businesses, involved in things like gaming and payments. Result: 8 out of 10 of the businesses return 0%, 1 did OK, and 1 was a home run. The home run company made a deal with China mobile for an exit and sale to a NASDAQ listed company in 2007. After that he represented US companies that acquired Chinese Internet businesses and Mark was a liaison to the US company in China. Mark actually worked in Internet entertainment. They put on a singing contest which acquired 800 million votes from audiences with cell phone text voting. At the time, this was a major example of democracy - voting through Phone. This was regulated out of existence. Seg 4 BYD EV car company was a mobile phone company and supplied to Apple. China makes good low-cost cars and has a lot of electric vehicle development. In 2008 Tesla was building electric vehicles, when oil was priced at $140 a barrel. Circle back to US with US engineers going to China to build the EV cars. Design was localized in China. EV cars has 3 challenges – tech, then US safety requirements, then fit & finish of the car. Produce cars in China and then sell in California. 2012 was the end of the road for Mark working in China. He was working in Hong Kong with an AR financing leasing and appraisals type airline business. They would buy an old A23 or A3 aircraft, disassemble and sell the parts. It was like a high-end junkyard business. These were Chinese aircraft models. Mark connected with a company in Florida, who had a business partner in Air China. They moved on to buy 747 and disassemble them in the Chinese Beijing airport. Now Mark’ career came full circle in Aircrafts, with salvaging aircraft 20 years later. What is the future of China? US v China rivalry not dying down. They are the two most important tech innovators on AI batteries and solar and must figure out how to coexist. Tesla makes more cars in China versus the US. They have a big factory in Shanghai. Apple outsources to China in their supply chain. Chinese economy has slowed from 10% growth per year to 3%. China may not be 10 feet anymore but it’s still 6 foot four. The Chinese private economy and services could ultimately come to the US. BYD EV car company as an example, that could become the face of a Chinese company in the US. BYD US - Business Topic: Investing Topic: More - BRT Best of: Thanks for Listening. Please Subscribe to the BRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: ‘Best Of’ AZ TRT Podcast: Podcast on Google: Podcast on Spotify: More Info: KFNX Info: Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
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EV Charging at Home w/ Broc TenHouten of Intrinsic Power - AZ TRT S05 EP05 (220) 2-4-2024
02/10/2024
EV Charging at Home w/ Broc TenHouten of Intrinsic Power - AZ TRT S05 EP05 (220) 2-4-2024
EV Charging at Home w/ Broc TenHouten of Intrinsic Power AZ TRT S05 EP05 (220) 2-4-2024 What We Learned This Week Intrinsic Power - Next Gen EV Charger EV Charging in your home will be standard Electrical Panel upgrade to handle new tech Electric Grid not prepared for consumer demand & EV charging needs EV Infrastructure for charging stations as EV Cars w/ longer range are the Future Guest: Broc TenHouten of Intrinsic Power Broc TenHouten, Co-founder and CEO, Intrinsic Power, Inc. Broc is an experienced technical leader with a general management background in the commercialization of EV technology. Broc was COO and chief engineer of Divergent 3D, developer of the 3D-printed 21C hybrid hypercar. He served as director of technology development at EnerSys Advanced Systems and led the engineering and industrialization of multiple electric vehicle and energy storage companies. Broc began his career at General Motors, where he held various positions in vehicle development. Broc has more than 50 vehicle technology patents issued or in process. He holds an MBA from the University of Michigan-Ross and a BS in Mechanical Engineering from UC Berkeley. Intrinsic’s innovation has positioned the company to become the leader in distributed energy management–and one to watch. · The compact Intrinsic Power charger is more powerful than the competition, 11kW charging reduces charging time by up to 830%. Perfectly optimized for your current electric vehicle, and your next one · Web and mobile apps allow you to review charger use and syncronise useage across a portfolio of charging stations · Advanced connectivity enables real-time information and grid demand response, helping to avoid local power outages · Machine learning enables automatic time of use management, continuously optimizing to lower power bills over time HISTORY Intrinsic Power was founded in 2015, as a Los Angeles based internally-funded startup dedicated to delivering better EV charging solutions. Today Intrinsic is conducting field demonstrations, collecting data in preparation for mass production. TEAM Managed and staffed by a team of technical leaders in the EV space. The Intrinsic Power team is dedicated to improving residential charging though a combination of improved hardware and machine learning based algorithms for better charging performance. Notes: Seg 2 Broc has 15 years working in the EV car industry. In 2015, Broc and his brother were working out a plan to start a company. They realized the electric grid was not prepared for EV charging needs at home. Their goal was to build the next generation EV charger, which got a patent in 2020. 2022 of the electric grid saw a year over year growth of 12% energy usage. There is a need to change the net meter storage of energy used through solar and battery storage. Currently there are many consumer incentives for installing more clean energy type devices. EV cars at home need to share the breaker and most homes do not have the proper amps to charge car. The way new homes are built, they have larger panels and are EV capable. Current legacy homes cannot support EVs. Can get rebates to install a new electrical system. The current available power house would use 1 kW power per day. EV cars though use 11 kW. The transformers on the current grid are not ready for this. EV charge time, with 100 kW battery would take 10 hours. Intrinsic power works with the panel and other devices in your home to take into account usage of the vehicle charging. This is done through a Wi-Fi connector between your charger and the house. Seg 3 Intrinsic power expects to deliver their charging units to channel partners in Q2 of 2024. It’s taken 2 1/2 years to build and test their product in Los Angeles. There is a standard charging plug for EVs (see below), and if different, there are adapters. NACS – North American Charging Standard The North American Charging Standard (NACS), currently being standardized as SAE J3400 and also known as the Tesla charging standard, is an (EV) charging connector system developed by It has been used on all North American market Tesla vehicles since 2021 and was for use to other manufacturers in November 2022. Between May and December 2023, many other vehicle manufacturers have announced that starting from 2025, their electric vehicles in North America will be equipped with the NACS charge port. Several electric vehicle charging network operators and equipment manufacturers have also announced plans to add NACS connectors. See More: Rate plans and usage need uniform regulations between states, which is the direction the process is going – similar rules in California, Arizona, & Texas where Intrinsic is doing business. EV charger for the smart that has been tested with multiple types of vehicles. EV batteries are becoming more efficient in the energy capacity and will have 2x growth in next 7 years. There are some range issues - where some EV‘s get less than 200 miles, but this is becoming less of an issue. The next 7 years, EVs will be more efficient with energy, have a smaller battery and could travel as much as 400 to 500 miles on a charge. Projected Market for EV chargers is $16 billion, with $6 billion in the US residential charging market. There are also destination charging stations, a growing industry. Most people want to charge at home and over time the charging rates will drop. Obviously traditional energy methods like ooil and gas will be reduced in the next 10 years, as demand drops. Seg 4 Oil companies are actually investing in charging companies, and charging stations to diversify operations. Intrinsic Power is concerned with charging your EV car at your home. They expect homes to be all electric in the future with battery packs and distributed solar. This will even take over traditional natural gas type products like lawnmowers which will also go electric. Electric Grid saw the EV wave coming. A California Report in 2018 estimated the growth of the EV industry. New technologies coming for EV at home. Solar will help the grid long term, but not that efficient in the near term. Only 4% of homes have solar and this needs to be pushed up to 30%. There are still issues with energy storage on solar. There is a need to improve the fluctuated use of the energy with time shifts when needed. Most EV car owners must charge at night. There are currently many regulations and standardization of home electric and EV charging. It’s expensive with EV charging at home now, but in the future they’ll be one electrical panel on the backend. Need a 40 Amp panel to charge a EV Car. Intrinsic Power works with home builders and solar installers. Keep the installation & maintenance cost down. Investors include: Plug and Play, Hatcher +, Building the CR50 Charging Station for homes: Related Notes: BRIDGING THE ELECTRIC INFRASTRUCTURE GAP - ENABLING THE FUTURE OF ELECTRIC VEHICLES - California Reaches 7.84% EV Market Share for 2018; US Hits 1.97% 2018 was the best year in history for sales of electric vehicles in the US with a total of 328,118 BEVs and PHEVs and an increase of 74.5% over 2017 (187,985), according to data from the . (Note: These numbers differ somewhat from the sales numbers from the that we have based 2018 data on previously.) Sales of BEVs in the US reached 203,625 units, an increase of 112% over 2017’s 96,261 units. For the first time in the US, BEVs and PHEVs (328,118) outsold regular hybrids (323,912) in 2018. Hybrids had lowest sales in the US since 2011. Sales of fuel cell vehicles declined slightly to 1,735 from 1,862 in 2017. From 3/2019 - Article Link: Electric Vehicle Charging Infrastructure Assessment - AB 2127 AB 2127 (2018) requires the California Energy Commission to biennially assess the electric vehicle charging infrastructure needed to meet the state’s goals of putting at least 5 million zero-emission vehicles on California roads by 2030 and reducing greenhouse gas emissions to 40% below 1990 levels by 2030. Report: Seg 1. – Related Energy Clips from: Kenmore is Home Electricity Made Easy - Modernize the Smart Home from Appliances to the Electric Grid w/ CEO Sri Solur - BRT S04 EP19 (181) 5-7-2023 What We Learned This Week · Kenmore is home electricity made easy. Kenmore is on a mission to modernize the home. Live More & Live Better. Also need to make it Affordable. · Clean Tech goes w/ the smart home, smart appliances (that connect to the home) and the electrical power grid for better living · Electrical Grid needs to be modernized – cannot handle the current & future power demands · Homes built Pre-1990 run on Electric Panels that are outdated – costs of $40K + to modernize to handle charging EVs at home · Design of the Future House would have a Battery in it that could recharge your appliances and electronics during down hours. · Solving problems in electricity and energy also have the same issues with working on better water and clean food. It is more than just an energy and electric issue. Guest: Sri Solur, CEO, Kenmore / Brands Sri Solur, CEO, Brands Sri Solur is chief executive officer of brands for Kenmore at Transformco. An industry veteran with 25+ years of experience, Sri has a rich history of success leading high tech products and businesses. He previously served as CPO and GM at Berkshire Grey, a leader in industrial robotics, and was a member of the leadership team that took the company public. Sri also served as CPO at SharkNinja, and was instrumental in bringing the Shark IQ Robot vacuum and NinjaFoodi products to market, while also holding a leadership role to take the company public. Sri spent 20 years at Hewlett Packard, serving as founder and CPO of CloudPrint, the company’s wearables and IOT business. In his career, Sri has created products for world-renowned brands including Hugo Boss, Movado, Ferrari, Juicy Couture, and more. Sri holds a bachelor’s degree in Engineering from NIT and an MBA from Boston University. Full Show: Clean Energy & the State of AZ Tech in 2022 w/ Steve Zylstra of the AZ Tech Council - BRT S03 EP55 (154) 10-30-2022 What We Learned This Week Chips & Science Act is good for Semiconductors & the U.S. Supply Chain Clean Energy - many Tech Co's working on zero emission plan Semiconductor – big Tech Co’s building plants in AZ Nuclear Power tech is vastly improved & viable in the future Guest: Steve Zylstra, President / CEO AZ Tech Council Steve Zylstra of AZ Tech Council joins BRT to talk all things technology in the Valley. The Arizona Technology Council is one of the largest technology-driven trade associations in North America, with over 850 members and growing, the only organization specifically serving technology companies statewide. They protect innovators and truly believe that technology moves all of us forward; and are dedicated to the future of Arizona. Steve Zylstra advocates for AZ tech, as well as his recurring writing about the industry. Steve, and the Council are a major source for updates on technology, business growth, and what legislation is being drafted. We talk about AZ as a great technology hub in the U.S., and how it compares to Silicon Valley, Boston, etc. Also the Future tech Co’s moving to the valley, influx of people moving to the valley from CA, NY, etc. How high tech jobs help the valley, and surrounding business plus VC and Angel Investing. The importance of semiconductors and Aerospace, two of the most prominent industries in AZ. Full Show: Best of Biotech from AZ Bio & Life Sciences to Jellatech: Biotech Shows: AZ Tech Council Shows: *Includes show from 2/12/2023 ‘Best Of’ Topic: Thanks for Listening. Please Subscribe to the BRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: ‘Best Of’ AZ TRT Podcast: Podcast on Google: Podcast on Spotify: More Info: KFNX Info: Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
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Angel Investing Revisited - Arizona Tech Investors w/ Bob DeLean - AZ TRT S05 EP04 (219) 1-28-2024
02/02/2024
Angel Investing Revisited - Arizona Tech Investors w/ Bob DeLean - AZ TRT S05 EP04 (219) 1-28-2024
Angel Investing Revisited Clips from - Arizona Tech Investors w/ Bob DeLean (from 11/2023) AZ TRT S05 EP04 (219) 1-28-2024 What We Learned This Week ATI - Arizona-based investors committed to supporting capital needs of early stage high growth technology driven companies within Arizona Applicants for Funding need to Answer many Q’s What Problem does your Product Solve? Who is your Competition? How Big is the Market? Who are Your Advisors? What is the Business Plan? Sales Plan? Building a Company takes longer than you think, & costs more $ than you expect Guest: Bob DeLean, Executive Director of Arizona Tech Investors LKIN: Bob DeLean has been an investor with ATI for more than 11 years and currently serves as the organization’s Chairman. He spent eight years as a Senior Equity Analyst with Morgan Keegan & Co., Inc., a wealth management and capital market firm. It’s now part of Raymond James Financial Inc. Since moving back to Arizona in 2004, Bob has made 28 angel investments in early-stage and startup companies, the majority being based in Arizona. Bob is an outdoors enthusiast who enjoys road trips and spending time in nature. In the summer of 2022, he and his life-partner Maria took a five-week driving trip through various National Parks, including Arches, Grand Tetons, Yellowstone, and Glacier National Park. They love wildlife and were fortunate enough to see a handful of black bears during the trip. Locally, Bob enjoys hiking through the Phoenix Mountain Preserve and seeing the occasional rogue coyote. He is also an avid mountain biker, but it never feels like he gets out enough. Bob loves to read (although the nightstand book pile is always growing), and is an expert coin collector. Arizona Tech Investors (ATI) was founded in 2007 by Arizona-based investors committed to supporting capital needs of early stage high growth technology driven companies within Arizona and neighboring states. ATI members have invested in over 90 companies, and, today, is comprised of over 100 men and women dedicating their time, knowledge, and resources to deliver the advantages that angel support can provide. ATI seeks opportunities where new capital can move young businesses to the next level of growth and success. To maximize the probability of a successful company, ATI goes beyond just making investments. Members also participate in support of portfolio companies through advisory roles, strategic guidance, as well as resource and partner referrals and more. Members of ATI invest individually, collectively through dedicated LLCs, and through sidecar, or pooled investment funds allowing for best alignments of investor objectives and portfolio company needs. What advice do you have for founders or companies looking for funding? Clearly communicate your business plan. It’s surprising how many pitches we receive that fall flat simply because we can’t decipher “what” the business actually does. Explain the business to me as if I'm four years old…especially if your organization is a highly technical product/service. You might be an astrophysicist with incredible accolades in your field, however I am not. During the pitch, the questions you receive from the group will illuminate how well your audience understands your field. And, your answers will allow you to dive deep into your area of expertise when appropriate. Second, understand what investors are looking for. What problem are you solving? Is it a real problem? Yes, you think you have a better solution, but can you really convince others that are going to risk their own capital that it's better? Do you really understand your competition? How big is the market? How much of your personal money is in the company? (This gives investors an idea of your walk-away pain.) Wait, you want me to fund your dreams, but you have no personal stake in the business? Yes, every company has sweat-equity, many of us want to see your own hard-earned cash invested in the business as well. Clips from the Full show - Arizona Tech Investors w/ Bob DeLean AZ TRT S04 EP46 (209) 11-19-2023 Full Show from 11/2023: Notes: You want to see what the coachability is of the founder. Are the investors messages resonating. You don’t want the company staff to have group think. What is their business plan over the short and long term? Do you understand your product? Is the business a product or just an add on feature. You must do market research to really understand your competition. When the founder believes they have no competition, they usually have two possible types and just don’t realize it. The first type is they just don’t even know who their competition is. The second type is their market may be too small so other businesses are not interested. You have to understand the size of the market or the TAM - total addressable market. There’s also the sales attainable market or SAM. If the market is too big then the founder needs to niche down with who they’re going to market their product to. Create an initial vertical. You cannot have the shotgun approach and think everybody is your customer. Need to focus. When an investor writes a company a check, now they are partners, and the investor may even want a seat on the board. Arizona Tech Investors does not invest too much in VC deals as you have limited control and are just along for the ride. They typically invest only in Angel only type deals. VC’s care about their limited partners, and the people with the most money in. They don’t usually care too much about the GPs or general partners. All deals in business always take twice as long as you think, and cost two times as much money or capital. A tech company over the long term, if they need a larger raise they’re probably going to bring in a VC to invest money. In this instance they may cash out the early angel investors. Software businesses are very good businesses in the tech industry. Good opportunities with high margins. They tend to be very capital efficient and scalable. Software businesses can create recurring revenue on an annual basis, or ARR. Valuations tend to be higher, not only because of the product but also because of the data they collect. Understanding valuations are very important, and typically a valuation of the business is based on a multiple of cash flow. In the current environment the cost of capital is up, interest rates are up and it is tougher to raise money. The current valuations for technology companies need to reflect what the market is. What’s actually going on or down rounds where there is a cut in valuations. It’s very competitive to raise money. When the founder borrows money whether it’s from VCA or a bank they are the partner. This can lead to CEO turnover if the investors are not happy. Angel investors want to be out of a deal in five years are not looking for a company to go public or an IPO. It takes a long time for a company to go public and that’s not what Angel investors want to hear. Public companies that file a 10 K or liquid and you can buy the stock or sell the stock within the same week. Angel investors invest in deals in the early stage and typically the money is illiquid and tied up for a long time. Founders also need to understand how important their product is and what type of IP or moat that you have. Typically a patent is not going to protect your IP. Arizona Tech Investors have a series of screening questions for Founders looking for money. Sample questions are: What is the problem? And what is your solution? What is the commercial viability of your product? What’s the sales cycle to town to sell your product? What is your cash burn rate? Cash flow? What is your go to market plan? Who is your competition? What is your market series? What is your competitive position? What is your management team? Tech Topic: Business Topic: Investing Topic: More - BRT Best of: More - BRT Best of Tech: Best of Biotech from AZ Bio & Life Sciences to Jellatech: Biotech Shows: AZ Tech Council Shows: *Includes show from 2/12/2023 ‘Best Of’ Topic: Thanks for Listening. Please Subscribe to the BRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: ‘Best Of’ AZ TRT Podcast: Podcast on Google: Podcast on Spotify: More Info: KFNX Info: Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
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Magnificent 7 & Tech Stocks – Wealth for Life - AZ TRT S05 EP03 (218) 1-21-2024
01/26/2024
Magnificent 7 & Tech Stocks – Wealth for Life - AZ TRT S05 EP03 (218) 1-21-2024
Magnificent 7 & Tech Stocks – Wealth for Life AZ TRT S05 EP03 (218) 1-21-2024 What We Learned This Week: Magnificent 7 - new hottest tech stocks all should own: FB, APPL, AMZN, NVDA, TSLA, MSFT, GOOG FAANG Stocks - *past hot list: FB, Apple, Amazon, Netflix & Google Top Tech Stocks were 30% of the S&P Index Weighted Average Tech Stocks - AI, Cloud, Chips Zombie Co‘s - too much debt service, no growth Interest Rates - how this affects stock prices Co-Host: Denver Nowicz, President - Wealth For Life Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing’. Notes: Here are some reference notes for the topics about the market being discussed in this podcast. Indexes – over the last year Dow - 38K, up from 33K Jan. 2023 – up 12% S&P - 4900, up from 4000 Jan. 2023 – up 18%+ NASDAQ – 17.5K, up from 11.9K Jan. 2023 – up 30%+ Top 25 Components by Market Cap by Because the exact weightings of the top 25 components are not available from S&P directly, the weightings below are from the (). SPY is the oldest that tracks the S&P 500 and holds $406.6 billion in assets under management (AUM) as of Sept. 20, 2023, and is highly traded.9 As a result, the SPY's portfolio weightings provide a good proxy for investing in the underlying S&P 500 index, although the two may not be exactly the same. As of Sept. 21, 2023, the following are the 25 largest S&P 500 index constituents by weight: Top10 = est. 30% of S&P Apple (): 7.05% Microsoft (): 6.54% Amazon (): 3.24% NVIDIA (): 2.79% Alphabet Class A (): 2.13% Tesla (): 1.95% Alphabet Class C (): 1.83% Berkshire Hathaway (): 1.83% Meta (), formerly Facebook, Class A: 1.81% UnitedHealth Group (): 1.28% Magnificent Seven Stocks Performance – Company Name Symbol 2023 YTD Performance Alphabet () +50% Amazon () +79% Apple () +52% Meta Platforms () +178% Microsoft () +55% Nvidia () +235% Tesla () +106% Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon.com, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. The Magnificent Seven stocks are among the best stocks to buy and watch in the .s Ali Coram Justin Niel Due to their outsized market capitalizations, Magnificent Seven stocks hold a disproportionate influence on the market-cap weighted Nasdaq composite and S&P 500 indexes. What are FAANG Stocks? – FAANG stocks are the stocks of U.S. technology giants Facebook, Amazon, Apple, Netflix, and Google. They are among the best-performing technology and most well-known companies in the world. Currently, the combined market value of FAANG exceeds $3 trillion. It accounts for almost 10% of the U.S. stock market’s total market capitalization of $31 trillion. The price movement of FAANG stocks impacts the entire market, affecting even investors who do not own FAANG stocks. All the companies are traded on the NASDAQ Stock Market. In addition, the FAANG stocks are part of the S&P 500 Index, which includes the 500 largest publicly-traded companies by traded on the NYSE or NASDAQ. Tech Stock examples by field – AI Stocks Nvidia - NVDA Cisco - CSCO Arista Networks - ANET Google - GOOG Microsoft - MFST Amazon - AMZN Cloudfare NET Broadcom - AVGO Palantir - PLTR Chip – Semi Stocks SEMICONDUCTOR STOCK IMPLIED UPSIDE AS OF JAN. 9 CLOSING PRICE NXP Semiconductors NV () 22.8% Qualcomm Inc. () 14.4% Monolithic Power Systems Inc. () 26.3% Taiwan Semiconductor Manufacturing Co. Ltd. () 9.9% Nvidia Corp. () 21.7% ON Semiconductor Corp. () 42.8% Advanced Micro Devices Inc. () 8.5% Cybersecurity Stocks - HACK – ETF of Cybersecurity Stocks Crowdstrike - CRWD Palo Alto - PANW Fortinet - FTNT Zscaler - ZS Checkpoint - CHKP Cisco - CSCO More from Investors.com: 'Zombie' Companies already make up 11.5% of U.S. listed stocks Oct 31, 2023 By Joy Wiltermuth Investors should brace for more bankruptcies About 11.5% of listed U.S. stocks already belong to a large network of "zombie" companies that have consistently earned less than they owe in interest costs, according to a tally from Glenmede. While that might not sound ideal, higher bond yields or a recession could make a potentially ugly situation for investors even worse. "The combination of rising borrowing costs and heightened recession risks could begin to tip zombie companies into bankruptcy," a team led by Jason Pride, chief of investment strategy and research at Glenmede, wrote in a Tuesday client note. Stocks, unlike bonds, often are at risk of seeing their entire value wiped out if a company files for bankruptcy. Recessions also tend to shake out smaller and weaker companies with high debt loads, in part because funding from Wall Street can dry up. The Glenmede strategy team arrived at their zombie figure by looking at the share of companies in the Russell 3000 index RUA whose earnings before interest, taxes, depreciation and amortization didn't meet their interest costs in the past three years. While off peak levels in the wake of the pandemic, the chart suggests an elevated risk of public U.S. companies vulnerable to collapse. Dogs of the Dow – The 2024 Dogs of the Dow STOCK DIVIDEND YIELD RANK IN 2023 Walgreens 7.21% 4 Verizon 7.13% 1 3M 5.52% 5 Dow Inc. 5.03% 2 IBM 4.06% 6 Chevron 3.98% 9 Amgen 3.14% 7 Coca-Cola 3.13% - Cisco Systems 3.09% 8 Johnson & Johnson 3.04% - Data source: DogsoftheDow.com The basics of the Dogs of the Dow strategy Many investors love the Dogs of the Dow because it's so easy to follow. All you have to do is look which 10 stocks among the 30 Dow Jones Industrials components have the highest dividend yield on the last day of the year. Then, invest an equal amount in each of those 10 top-yielding stocks, and hold those investments through the end of the subsequent year. When the end of the year comes, you can either abandon the Dogs of the Dow strategy entirely, or you can repeat it for the following year. If you choose to stick with the Dogs of the Dow, you'll just need to rebalance to account for relative performance of the 10 stocks, along with replacing any stocks whose yields have fallen below the threshold for Dogs of the Dow eligibility with those whose yields have risen sufficiently to take their place. More Info on WFL and Tax Free Matching: Wealth For Life Topic: Link to Taxes Show on 10/31/2021 w/ Denver: Link to Offense / Defense Show on 6/6/2021 w/ Denver: Link to Shows, Denver was a Guest: Investing Topic: Tech Topic: ‘Best Of’ Topic: Thanks for Listening. Please Subscribe to the BRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: ‘Best Of’ AZ TRT Podcast: Podcast on Google: Podcast on Spotify: More Info: KFNX Info: Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
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Building the Amazon Everything Store – Business Lessons from Jeff Bezos - AZ TRT S05 EP02 (217) 1-14-2024
01/19/2024
Building the Amazon Everything Store – Business Lessons from Jeff Bezos - AZ TRT S05 EP02 (217) 1-14-2024
Building the Amazon Everything Store – Business Lessons from Jeff Bezos - AZ TRT S05 EP02 (217) 1-14-2024 Things We Learned This Week: Customer Focus - Focus on internal product vs external & competition Decision Making – 70% Rule Think Long Term - withstand the pressure of $ Meetings & 2 Pizza Rule for meetings size Manager Mindset - Focus on Outputs Disruption - Embrace Change & Experiment Regret Minimization - See your life at 70 Notes: Lessons 1: Customer Focus / Obsession Focus on internal product vs external & competition Fear the customer as they are the ones that give you money. The competition does not give you money. If the product is good enough and easy to use, the customers will keep buying it. Always Day 1 – do not get complacent, that’s what happen on Day 2, then death Lesson 2: Decision Making – 70% Rule If you have 70% of the info, you can decide. If you wait for 90% of the info, then you are too slow in business. 3 Good Decisions per day vs 100, inspired by consultant Peter Drucker, be effective Lesson 3: Think Long Term Think in terms of decades, not the next quarter. You need to able to experiment with process until you get it right. It took years (& lost $ revenue) to build the supply chain Amazon has that dominates the business landscape. Amazon also lost $ on AWS, the Kindle, Prime for a while before turing a sustaining profit. Resist the pressure of investors looking for quick profit. Lesson 4: Meetings & the 2 Pizza Rule The meetings size should be no bigger than how people can be fed with 2 pizzas. If bigger than that, too many people in the meeting and chaos happens. Avoid power-points, as they are a summary of info and can be confusing. Take a moment to start the meeting with everyone reviewing a detailed memo of what the meeting will be about. Clarity to make the meeting count. Lesson 5: Manager Mindset Think in terms of outputs. If you work 3 hours (smart) but get your objective done, it is a good day. The Worker Mindset is to think in terms of effort (work hard) for 8 hours. It is based on how much you work vs production. Lesson 6: Disruption – Embrace Change Be willing to disrupt divisions in your own business to make progress and create new better products. Amazon moved forward with the Kindle E Reader, despite the fact it would hurt their hardcover book selling division. Lesson 7: Regret Minimization What do you want your career (life) to look like at 70? Make decisions today based on following work passions. If it does not work out, then shift to the next thing. Bonus – Bezos 3 Book Recs for his Executives – From FS Blog Link: Jeff Bezos Had His Top Execs Read These Three Books In an interview that aired on CNBC1, Jeff Bezos shared some of the details about books that he’s shared with Amazon’s top executives. These books, it turns out, are frameworks for shaping the future of the company. Here they are: 1. by Peter Drucker 2. by Clayton Christensen (Interestingly, Steve Jobs ever liked was , by the same author.) 3. by Eliyahu Goldratt Bezos is not the only one to nudge execs to read. Tim Cook, CEO at Apple, gives copies of to his colleagues. Reference Info on Amazon / Jeff Bezos: Lessons Learned – “The Everything Store” by Brad Stone Link: 10 Things I Learned Reading Brad Stone’s The Everything Store: Jeff Bezos and the Age of Amazon FS Blog: 3 Effective Meeting Rules Of Amazon CEO Jeff Bezos Link: The Secret Business lessons from Amazon's Jeff Bezos Video Link YT: From: Best of Biotech from AZ Bio & Life Sciences to Jellatech: Biotech Shows: AZ Tech Council Shows: *Includes show from 2/12/2023 ‘Best Of’ Topic: Thanks for Listening. Please Subscribe to the BRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: ‘Best Of’ AZ TRT Podcast: Podcast on Google: Podcast on Spotify: More Info: KFNX Info: Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
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Habits, Who You Associate With, Focus, & the Trick – Best of Host Matt on Business Topics Part 2 - AZ TRT S05 EP01 (216) 1-7-2024
01/13/2024
Habits, Who You Associate With, Focus, & the Trick – Best of Host Matt on Business Topics Part 2 - AZ TRT S05 EP01 (216) 1-7-2024
Habits, Who You Associate With, Focus, & the Trick – Best of Host Matt on Business Topics Part 2 - AZ TRT S05 EP01 (216) 1-7-2024 Things We Learned This Week: Think Habits, Not Resolutions (vs. Goals) You Are Who You Associate With in relationships, business, & life The One Thing - Why Focus is Critical - Key Results That’s the Trick - Daily Work, the Grind Notes: Seg. 1 Think Habits, Not Resolutions We are often told to make New Year’s Resolutions, but then by February we have all given up on those promises. I am encouraging you today to start the New Year early with looking at how to improve your habits, not make resolutions. Real change does not happen overnight despite what Facebook, and a highlight society has promised. Most successful people have good daily habits, make proper decisions, and are consistent with their follow thru. We know that you probably are not motivated anyway to attack your New Year's Resolutions. So instead of some promise that can only be carried out by will power (or enthusiasm), how about a different approach? The goal is not really to have a Resolution, as so much a lifestyle change that sticks. We are a collection of our thoughts, lifestyle, and daily actions. You can see it when you meet with people all the time. You notice how they look, act, or what they eat. So let's stick to practical, and realistic advice. You want to develop actions (sleep habits, eating, rest, relaxation, meditation, etc.) that you will follow thru on daily. These will turn into habits, which will create that lifestyle change. The popular notion is it takes repetition of an act over 20 to 30 days for it to become a habit. The reality is it is (or more) according to a study by Phillippa Lally is a health psychology researcher at University College London. There are 3 books that have come out the last few years that cover these topics. We are all very busy, so I understand if you do not have time to read every self help or success book that is released. I've actually have only skimmed these books, but instead watched YouTube videos to get the themes. I am a believer in daily self improvement and online videos provide a good resource. Duhigg is a NY times writer who wrote a book that breaks down how we go about our habits, and what cues the brain has that create our habits. What's fascinating about this is if you start understand what rewards you receive from bad habits, you can find substitutes to replace with better habits. The process for a habit goes like this - a Cue happens, then you have your Routine, then a Reward for the Habit. Duhigg's example is he would take a cookie break every afternoon about 3 pm. The Cue was 3pm, the routine was going to get the cookie, and the reward was eating the cookie. This was a bad habit, and he was gaining weight. So he replaced this habit with social time everyday at 3pm. He would wander over to another employee's cubicle and talk to them. His reward would be social interaction, and distraction and he stopped his bad snacking. Psychologically the more you do your habits, the less you think about the action. This is good when you have established healthy habits. Do not underestimate the reward part either. Even if you reward a positive action with a questionable gift. Over time you may not even need the reward, and you just do the action out of habit. This is not the best talk, but her main points about the importance of sleep cannot be overstated. So much of productivity is in society is linked to how much sleep one gets. Also a multitude of health disorders are linked to sleep, and everyone needs at least 7 (to 9) hours of sleep daily. If you choose to ignore this, eventually you burn out or worse. We spend so much time adding things to our schedule, and this usually just makes us too busy. Instead of getting to all the things on your list, your work just suffers. Ultimately this affects your day, adds stress and hurts sleep. Slowing down, prioritizing your health (and sleep) will actually make you more productive over the long run. Hopefully these 3 examples will help you to evaluate your current habits. Then you evaluate what you are working to change in your current routine to improve yourself over the long term. Good Luck with your new habits. Have a good and safe Holiday Season. Article: Atomic Habits by James Clear The Book in Three Sentences 1. An atomic habit is a regular practice or routine that is not only small and easy to do but is also the source of incredible power; a component of the system of compound growth. 2. Bad habits repeat themselves again and again not because you don’t want to change, but because you have the wrong system for change. 3. Changes that seem small and unimportant at first will compound into remarkable results if you’re willing to stick with them for years. The Five Big Ideas 1. Habits are the compound interest of self-improvement. 2. If you want better results, then forget about . Focus on your system instead. 3. The most effective way to change your habits is to focus not on what you want to achieve, but on who you wish to become. 4. The Four Laws of Behavior Change are a simple set of rules we can use to build better habits. They are (1) make it obvious, (2) make it attractive, (3) make it easy, and (4) make it satisfying. 5. Environment is the invisible hand that shapes human behavior. Book Summay: Seg. 2 Clip from Seg. 2 of: You Are Who You Associate With - BRT S01 EP21 6-28-20 + Covid 19 Crisis & the Economy Homeless Population in Phx Struggling and How to Help MB on You Are Who You Associate With - in relationships of business and life Notes: Partner and hire ‘A’ people Relationships Process / Results Strategies Ultimate example – Paypal Mafia and all the tech startups that came from it Steve Jobs died in 2011 years ago – Apple still a Top 10 companies. Bill Walsh – Coaching Tree in football Good manager is not needed - business runs itself Guy Kawasaki on Bozo-itis: A hire A’s, B manager hire C’s – hire better than you. Jim Rohn – average of 5 people you associate with Partners – like a marriage. Pick carefully Rate yourself – would you hire you? Partner with you? If you do not like yourself – conscious choice to change, grow, adapt. Habits / Strategies – like habits vs. diets or fad ideas. Associate with Good People. People smarter than you. Life and business – drop bad associates If you’re the smartest in room – then you’re in the wrong room. Keep learning – associate with people who help you grow. Article: FULL SHOW: Seg. 3 Clip from Seg. 2 of: The One Thing, or Why Focus is Critical... - BRT S01 EP19 6-14-2020 China, Tariffs, Business Marketing MB on Goals, the One Thing, OKR (objective, and key results), and the importance of Focus Business Books – Decision Making and Priorities John Doerr – Measures What Matters Former Intel exec OKR – Objective and Key Results Big objectives Intel goal of overtaking Motorolla in chip making Doerr was advisor to Google founders Decision Making in business is crucial Book Summaries on great business books to save time, and still get key concepts of the book Blogs, YouTube videos, book summaries in detail – 10 pages vs 250 pages Peter Drucker – Effective Executive Managers need to understand their priorities Work on first things first, and second things not at all Goals, priorities, and time management Work on the most important things, and know what to not be working on One Thing – Gary Keller and Jay Papasan The ONE Thing by Gary Keller & Jay Papasan – book summary The Book in Three Sentences The ONE Thing is the best approach to getting what you want. Success is a result of narrowing your concentration to one thing. Success is built sequentially, one thing at a time. The Five Big Ideas Not everything matters equally. Multitasking is a lie. Discipline is a result of habit. Willpower is a finite resource. Big is bad. Book Summary Link: Article: “Anything not worth doing, is worth not doing well.” - Robert Fulghum quote ‘We are the average of the five people we spend the most time with.’ – Jim Rohn "Give me a place to stand (lever), and I will move the world." - Archimedes is said to have promised Related show (Interview w/ Author Jay Papasan) on The One Thing Book: Full Show: Seg. 4 Clip from Seg. 1 of: This is the Trick? The One Thing to Exit Strategy to Moneyball & Business Lessons from Movies - Best of Business Part 2 - BRT S03 EP43 (142) 9-4-2022 What We Learned This Week That's the Trick - Daily Work, the Grind Dominos - Priority in Latin = First, what is your 1st Domino? Knock it down Advisory Team - importance of building a good team (CPA, Attorney, Banker) That’s the Trick – this is the performance What's the Problem? - from Moneyball We Don't Hire Brokers, We Train Them - from Boiler Room That’s the Trick There’s a scene in the movie The Prestige when the 2 young apprentice magicians go to see an older magician to learn his ‘Trick’. When the older magician is on stage he’s doing amazing feats of strength. Then they get a watch him after the show get into a carriage, he seems like a crippled feeble old man who needs help. One magician says the other magician – ‘This is the Trick. This is the performance. This is why no one can detect his method. Total devotion to his art. Lot of self sacrifice.’ The ‘Trick’ is off stage, he’s always acting like a crippled old man. It’s simple, not easy. We often look for something that’s not there, the big secret, when it’s actually just in front of our faces. Always more simple than we think. We’re looking for the big trick, how to get rich in a moment. When the actual trick, is doing the work daily, weekly, monthly, for years. You hone the craft, measure your progress, and adjust over time. Respect the craft, as there is no overnight success. The old line in business, it took him 20 years to be an overnight success. The Malcolm Gladwell book Outliers, says it takes 10,000 hours to master something. The expert has been practicing for 10 years. The professional golfer, the actor, the musician, the chest master, the salesman, or work on their craft. Even the greats like Tom Brady, Buffett, or bodybuilder Schwarzenegger all honed their craft over the decades. It’s Simple, not Easy. You have to show up every day, to the repetitive work, just doing the grind. There is a great story about Sylvester Stallone trying to get auditions, and then trying to sell the screenplay for Rocky. He got thrown out of agents offices over 1500 times in the mid 10970s. Funny as there were only 500 agents in NYC. He actually got thrown out multiple times. There are no success hacks, no magic, no secret sauce. The secret is to just do the work. You work daily and improve 1% a week, leads to 66% improvement in a year. You must be willing to do what others will not. Compounding works with effort day and day out. Magic of Compounding is mass improvement over time, by perfecting the little things. Delay gratification and you see the results slowly. Build a base, not unlike the structure of a building. If someone says it’s easy and you don’t have to work for it…. Then probably selling you something. If it’s easy with no sacrifice, or habit building, then it will not last. When you cook a meal, what doe sit look like if you pulled it from the oven midway thru? You have to let it cook, to get the finished product. Be in it for the Long Term. Let Compunding work for you. Back to the The Prestige: ‘Sacrifice is the price you pay for a good trick.’ Not breaking character, you commit to the craft. Article: Borden and Angier watch Chung Ling So's fish bowl trick The Prestige (2006) – movie clip Full Show: Reference Show: McDonalds, Apple, Disruption, 80/20 - Best of Host Matt on Business Topics - BRT S03 EP10 (109) 3-6-2022 Things We Learned This Week What Business Are You In? - McDonalds is a Real Estate Company Disruption in Business & Tech World - How to Handle The Innovator's Dilemma 80/20 Principle summed up is, 80% of outputs come from 20% of inputs – Focus on the 20% Steve Jobs 1997 Return to Apple – The Power of Focus & Simplify, Say No often, choose wisely FULL SHOW: Business Topic: Investing Topic: More - BRT Best of: Thanks for Listening. Please Subscribe to the BRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: ‘Best Of’ AZ TRT Podcast: Podcast on Google: Podcast on Spotify: More Info: KFNX Info: Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
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Blockbuster, Reality TV, & the Supply Chain - Best of Business 2023 - Part 4 2023 - AZ TRT S04 EP52 (215) 12-31-2023
01/05/2024
Blockbuster, Reality TV, & the Supply Chain - Best of Business 2023 - Part 4 2023 - AZ TRT S04 EP52 (215) 12-31-2023
Blockbuster, Reality TV, & the Supply Chain Best of Business 2023 - Part 4 2023 AZ TRT S04 EP52 (215) 12-31-2023 What We Learned This Week: Alan Payne on the Rise & Fall of Blockbuster Arthur Smith on Reality TV & Sports Trevor Pan of Bidbird on shipping efficiency & container skins Dr. Chuck & Francis of Ally Bio on Cannabis Innovation Chris Owen of J Galt on Commercial Credit Host Matt on Business Assets Seg. 1 – Clips From: Built to Fail: The Inside Story of Blockbuster's Inevitable Bust w/ Alan Payne AZ TRT S04 EP34 (197) 8-27-2023 What We Learned This Week: · Blockbuster started in 1985, and scaled quickly after Wayne Huizenga purchased it in 1987, 10,000 stores at its height, dominant video rental co. · Alan Payne instituted the Video Rental model of HEB to the Blockbuster franchises he ran – segmented movies to rent new ones for more · Wayne Huizenga was a stellar Founder who built 3 fortune 500 companies – Waste Mgmt, Blockbuster, and Auto Nation · Viacom purchased Blockbuster in 1994 for $8.4 billion, and went on to lose 75% of the value over the next decade + · Competition was fierce from Hollywood Video, Redbox and then in 1997 by a new DVD rental by mail company called Netflix · Netflix scaled into the internet company it always wanted to be with streaming in 2009 Guest: Alan Payne Alan Payne spent thirty-one years in the movie rental business, the last twenty-five of those as a Blockbuster retail franchisee. He took over a small group of Blockbuster stores in 1993 and grew it into one of the largest and most successful chains in the company. He finally closed his last store in 2018, more than eight years after Blockbuster filed for bankruptcy. Book: Built to Fail: The Inside Story of Blockbuster's Inevitable Bust From the Back Cover Blockbuster was phenomenally successful in its early years and made thousands rich beyond their wildest dreams. But it was consistently outsmarted and outmanaged by smaller companies. And the challenges began earlier than you think--long before Netflix was even an idea in the minds of founders Reed Hastings and Marc Randolph. Blockbuster became one of the most iconic brands in the history of American business, but it cracked at the first sign of a challenge. From its founding, Blockbuster was a company built to fail. Link: Full Show: Seg. 2 – Clips From: TV Tales of The Unbreakable Jay Glazer to Creating Competition Shows from American Ninja Warrior to Hell's Kitchen w/ Arthur Smith AZ TRT S04 EP28 (191) 7-16-2023 What We Learned This Week: · Jay Glazer’s Unbreakable mindset gets him thru ‘the gray’ of his daily life, working on his mental health · Arthur Smith’s describes Reach as striving for our full potential to create amazing things · Creation of TV Classics like American Ninja Warrior & Hell’s Kitchen Arthur Smith, the chairman of A. Smith & Co. Productions, is a pioneering veteran of nonfiction television, known for creating and producing some of the longest running unscripted series in history, including Hell's Kitchen and American Ninja Warrior. Smith was honored as one of Variety's “Titans of Unscripted TV” in 2022, inducted into the Realscreen Awards Hall of Fame in 2021, awarded Broadcasting and Cable’s “Producer of the Year” in 2020, Nominated for several Emmy Awards, and received dozens of awards, including NAACP Awards, Realscreen Awards, and Critics Choice Awards. Smith embarked on his career in television as a twenty-two-year-old wunderkind, talking his way into sports production at CBC in his native Canada. He quickly distinguished himself as a rising star at the network, where he produced three Olympic Games among countless other high-profile events. At the age of twenty-eight, Smith was named the youngest ever head of CBC Sports. His successful run at the network ended when American broadcasting icon Dick Clark lured him to Hollywood to develop and produce a wide variety of entertainment programming. Then as the head of programming and production at FOX Sports Net, Smith played an instrumental role in the launch and growth of this massive entity, before the biggest reach of his life—the creation of his eponymous production company that has thrived for more than twenty years. He lives in Los Angeles. Full Show: Seg. 3 – Clips From: Cannabis Innovation by Ally Biotech w/ Dr. Chuck & Francis - AZ TRT S04 EP36 (199) 9-10-2023 What We Learned This Week Ally Biotech offers highly bioavailable products to leading manufacturers and dispensaries of cannabis products Cannabis is competitive and it’s all about the product quality. Arizona-based TM brand is an expansive line of easy-to-swallow THC soft gels for the cannabis industry. The goal of the company is to adopt the practices of big Pharma and make high grade products. FDA and DEA are actually working together. The DEA treats cannabis like any other Schedule One dangerous drug, like cocaine or heroin. Yet it does not have the same affects, nor addictive qualities. Many pain medication’s have very serious side effects as well as the potential for problems with overdosing. Cannabis is a good alternative for pain mgmt. Guests: Dr. Chuck Johnson, CSO at Ally Biotech After earning his BA in Chemistry from Northwestern University and PhD in Analytical Chemistry from Virginia Tech, Dr Chuck refined his craft while working The Procter & Gamble Company, Koch Industries, and Danaher, and expanded his scope of knowledge while working and consulting for DuPont, BATF, FBI, Army Corps of Engineers, Chiyoda Engineering, Toyo Engineering, Japan Gas Company, Yamato, Fisher Scientific, VWR Scientific Products, among others. Chuck brings with him experience with FDA regulatory compliance, LEAN (TPS) principles in Product Development and Manufacturing, competitive market analysis, mergers and acquisitions and technical sales. More recently he has provided consultation services and served as the Chief Science and Operations Officer in the Hemp and Cannabis sectors, including industrial farming, extraction, refining, GMP production, nutraceuticals, and FDA compliance. Francis Baczek, V.P. of Business Development at Ally Biotech Francis Baczek serves as Vice President of Business Development at Ally Biotech, a provider of leading-edge bioactive delivery solutions for cannabinoids. Baczek brings significant product development experience in the medical cannabis sector. Since 2013, he has been formulating precision-dosed edibles as lead cannabis chef for Uncle Herb’s Health Center, a licensed Arizona operator. Baczek is credite Full Show: Efficiency in the Supply Chain by a New Container Invention w/ Trevor Pan of BidBird AZ TRT S04 EP41 (204) 10-15-2023 Things We Learned This Week Malcolm McLean was the inventor of the shipping Container, and a key person in trade & globalization BidBird invented a container skin, a smooth panel for the side to reduce wind resistance & improve fuel efficiency Patent process and Patent Cooperation Treaty to register an invention in foreign countries Building a Prototype and doing a road test with a Truck plus a Container on a race track Guest: Tevor Pan, BidBird Principal Architect - February 2018 - Present Undergraduate Professional Degree - Landscape Architecture, Colorado State University, Fort Collins, Colorado 2003 Master Degree - Frank Lloyd Wright School of Architecture, Scottsdale, Arizona 2006 o o THE FIRST CONSTRUCTION MARKETPLACE, AT YOUR FINGERTIPS. Trevor Pan, BidBird Founder & registered Arizona architect. Spending 21 years as an immersed in construction, manufacturing, and design, I’ve built a unique understanding of the construction industry’s constant movements and challenges. I know that construction professionals are exhausted by the RFP game—and the collusion that can come along with it. I’ve seen invasive service platforms that trap users into thinking they’re a lead generating machine, but then unethically charge them thousands with no quality results. When I set off to launch BidBird, I wanted to eliminate the red tape and corruption for suppliers, manufacturers, contractors, and building owners. And when my barber approved the irresistible alliteration of the name, BidBird was born. BidBird is the new way for construction professionals to achieve a constant-but-necessary thing: capture competitive bids for their materials through an efficient process. At its core, our mission is simple. We connect construction industry professionals around the country through an honest platform that doesn’t cost users unreasonable fees, or their dignity. With its simplicity comes big things. BidBird is an opportunity to beat out the “big guys” by just a penny, equalizing the hunt for businesses around the country. We strive to combine high-value jobs + the innovation to evolve with construction professionals’ needs to transform businesses, one bid at a time. Full Show: Seg. 4 – Clips From: Building Commercial Credit w/ Chris Owen of J. Galt AZ TRT S04 EP45 (208) 11-12-2023 Things We Learned This Week J. Galt Helps Small Businesses Optimize Cashflow & Manage Growth Helping Business Owners Access Loans & Credit, Endangering Their Personal Credit & Family Assets Small Business is the backbone of a community, when it thrives, so does the community 3 Types of Credit - Personal, Business & Commercial Credit - Business need to build their Commercial Credit Guest: Chris Owen LKIN: Helping Business Owners Access Loans & Credit Endangering Their Personal Credit & Family Assets When small businesses prosper, then the community also thrives. The passion I have for helping fellow entrepreneurs succeed is something I’ve fostered my entire life. As an advocate and advisor for small businesses I have seen the challenges they face firsthand. When businesses fail, they leave an average of $80K for the business owner and their family. Knowing these daunting stats, it has become my life’s mission to help protect these incredible small businesses that are the bedrock of our economy. Can you imagine what your small business would look like in 12 months if… ✅ You didn’t get turned down for the loan, credit card, or line of credit you needed? ✅ Your access to loans and credit didn’t impact your personal credit or put your family home at risk? ✅ You had the money you needed to expand and meet new opportunities? J. Galt: Full Show: Rethinking What is an Asset AZ TRT S04 EP39 (202) 10-1-2023 What We Learned This Week: · Knowledge as an Asset · Industry You Work in as an Asset · Your Network as an Asset · Leverage as an Asset · Focus as an Asset · Traditional Investment Assets – Appreciating vs Harvesting Full Show: Investing Topic: Tech Topic: ‘Best Of’ Topic: Thanks for Listening. Please Subscribe to the BRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: ‘Best Of’ AZ TRT Podcast: Podcast on Google: Podcast on Spotify: More Info: KFNX Info: Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
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Data Centers, Microchips, Transparency & Angel Investing - Best of Tech 2023 - Part 2 - AZ TRT S04 EP51 (214) 12-24-2023
12/28/2023
Data Centers, Microchips, Transparency & Angel Investing - Best of Tech 2023 - Part 2 - AZ TRT S04 EP51 (214) 12-24-2023
Data Centers, Microchips, Transparency & Angel Investing Best of Tech 2023 - Part 2 AZ TRT S04 EP51 (214) 12-24-2023 What We Learned This Week: Tom Frasier of Redivider on Modular Data Centers Tony Greenburg of Ramprate on Transparency in Tech Rohan on Microchips & their importance in Tech Bob DeLean of Arizona Tech Investors on Angel Investing Seg. 1 – Clips From: The New Modular Data Center by Redivider w/ Tom Frazier AZ TRT S04 EP31 (194) 8-6-2023 What We Learned This Week · Redivider Data centers are smaller modular size like a shipping container vs a standard data center which could be a huge warehouse · The new data centers are mobile, eco friendly, carbon neutral, plus allow for both scale & cost savings · Technology will be used to help the growth of the smart city or cloud and edge computing services · The growing use of AI programs like ChatGPT impacts the water supply as the needed cooling for data centers is massive, and not sustainable long term · Re-divider: Focus on The Three P’s, People, Planet, Profit Guest: Tom Frazier - Co-Founder & CEO Tom Frazier, the co-founder and CEO of Redivider, boasts an impressive 25-year career, driving transformational and disruptive initiatives in future tech, B2B, and public sectors. Committed to prioritizing people, planet, and profits, Tom is devoted to spearheading innovation in the digital economy. Meet Redivider and Tom Frazier Leading with People, Planet and Profits , Tom Frazier and Eric Appelblom are flipping the traditional enterprise data center on its head with hydrogen powered data centers—reducing carbon foot print and increasing jobs. The companies advisory team is a shows who in environmental and ESG. Tom has more than 20 years building infrastructure from Verizon to early data center infrastructure. He is also a Pebblebee advisor. Exclusively focused on the United States, Redivider is a Qualified Opportunity Zone Fund investing in assets related to data center services and specialty computing like Bitcoin, AI, 5G and cloud edge. Full Show: Seg. 2 – Clips From: Transparency in Tech by Ramprate w/ Tony Greenberg AZ TRT S04 EP33 (196) 8-20-2023 What We Learned This Week · Tony and Ramprate work with about 40 companies. · The core mission he wants to see from all companies is what type of impact can they have, how do they create value to help society. · Question: What is the social impact of all technology companies? · We need more transparency by companies with pricing · Service agreements with tech companies are very long and hard to follow. Need a summary of the rights of the end user. Guest: Tony Greenberg, CEO of Ramprate Tony Greenberg, CEO An unstoppable force of connecting great minds and generating ideas, Tony Greenberg spent 20 years pushing against the immovable object of myopia and corruption in how enterprise technology is bought and sold before turning his powers for the good of the blockchain community. As investor and advisor to more than a dozen startups focused on maximizing social impact in blockchain, health care, and emerging markets, he is mentoring executive teams as well as building partnerships and go-to-market strategies to turn good ideas into thriving businesses. As CEO of RampRate, he is saving millions, improving flexibility, and optimizing supplier relationships for more than 100 top brands such as Microsoft, eBay, Nike, and Hearst, while ensuring that corporate social responsibility becomes a bigger part of IT decision making. Prior, he held senior executive-level positions with market-creating technology and digital media innovators including Raindance and Exodus. His clients have run the gamut from traditional broadcasters (NBC, Fox, etc.) to massively multiplayer games (Blizzard / World of Warcraft, Riot Games / League of Legends, etc.) to eCommerce (eBay, Nike, Ticketmaster, etc.) to telecom (AT&T, Verizon, Level 3, Vodafone), high tech giants (Microsoft, Intel, Broadcom), publishers (Hearst, McGraw Hill, Scholastic, Scripps) and new online business models (Sony Crackle, Snapchat). While running RampRate, Tony has supported innovative startups and social impact driven projects, including an artist-focused royalties financial management project with Dave Stewart of the Eurythmics and Universal Music; innovative companies in peer-to-peer delivery; and several major hits in the blockchain arena, such ad Block.one; He is currently an advisor/investor to startups in motion capture / VR/AR (Limitless); innovative networking (Syntropy); blockchain technologies; and several social impact and wellness-related ventures, as well as creating early-stage ventures in IT waste reduction and socially responsible sourcing. Full Show: Seg. 3 – Clips From: The Brains of the Tech Industry - Semiconductors w/ Rohan AZ TRT S04 EP40 (203) 10-8-2023 Things We Learned This Week Semiconductors (Microchips) are in so many of the common everyday devices people use: cell-phones, tablets, laptops, cars, TVs, fridge, etc Valuation of Pay in Tech Jobs - combo of salary, bonus, benefits, stock options & growth potential Carbon Neutral is the eco-goal of many tech co’s & Gov’t by 2050, will require R&D, new materials Tech Talk & the Future.... AI, Turing Test, Recommendation Model, Moore’s Law, & more Guests: Rohan Raghunathan – Product Mgr – Semiconductor Industry Rohan graduated from ASU with a degree in Electrical Engineering, and also attended Cornell Univ for his MBA. Prior to working at On Semi in 2019, he was at Pwc as a Management Consultant in tech, and a Product Engineer at Microchip. He also had his own startup called Bioscope. Full Show: Seg. 4 – Clips From: Arizona Tech Investors w/ Bob DeLean AZ TRT S04 EP46 (209) 11-19-2023 What We Learned This Week ATI - Arizona-based investors committed to supporting capital needs of early stage high growth technology driven companies within Arizona Applicants for Funding need to Answer many Q’s What Problem does your Product Solve? Who is your Competition? How Big is the Market? Who are Your Advisors? What is the Business Plan? Sales Plan? Building a Company takes longer than you think, & costs more $ than you expect Guest: Bob DeLean, Executive Director of Arizona Tech Investors LKIN: Bob DeLean has been an investor with ATI for more than 11 years and currently serves as the organization’s Chairman. He spent eight years as a Senior Equity Analyst with Morgan Keegan & Co., Inc., a wealth management and capital market firm. It’s now part of Raymond James Financial Inc. Since moving back to Arizona in 2004, Bob has made 28 angel investments in early-stage and startup companies, the majority being based in Arizona. Bob is an outdoors enthusiast who enjoys road trips and spending time in nature. In the summer of 2022, he and his life-partner Maria took a five-week driving trip through various National Parks, including Arches, Grand Tetons, Yellowstone, and Glacier National Park. They love wildlife and were fortunate enough to see a handful of black bears during the trip. Locally, Bob enjoys hiking through the Phoenix Mountain Preserve and seeing the occasional rogue coyote. He is also an avid mountain biker, but it never feels like he gets out enough. Bob loves to read (although the nightstand book pile is always growing), and is an expert coin collector. Full Show: Best of Biotech from AZ Bio & Life Sciences to Jellatech: Biotech Shows: AZ Tech Council Shows: *Includes show from 2/12/2023 ‘Best Of’ Topic: Thanks for Listening. Please Subscribe to the BRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: ‘Best Of’ AZ TRT Podcast: Podcast on Google: Podcast on Spotify: More Info: KFNX Info: Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
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