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Charles Moldow, a general partner at Foundation Capital, shares his remarkable journey from being a Wall Street analyst to becoming an entrepreneur and eventually transitioning into his current role as an investor over two decades ago. His captivating anecdotes leave you eager for more, whether he's recounting stories about his father's wisdom on the internet or recalling a memorable encounter with an exceptional entrepreneur. Charles also delves into the exciting market trends within insurtech and offers valuable insights into the areas to focus attention for fruitful opportunities.In this episode, you'll learn:[2:20] Charles Moldow's early entrepreneurial ventures during the dynamic evolution of the internet.[7:58] The role of a VC in sometimes discouraging founders to protect them from their own pitfalls.[13:01] The revealing nature of a founder's personal life story, showcasing their unique abilities.[19:54] "Don't prepare to impress me. Just share your authentic truth." - Charles Moldow[23:43] The importance for entrepreneurs to explore the vast array of promising opportunities for leveraging technology in the insurance industry.The non-profit organization that Charles is passionate about: safespaceAbout Charles MoldowCharles Moldow is a general partner at Foundation Capital. At Foundation, he identifies technology trends and new user experiences that will change the financial services landscape. His thesis investing has him focused on fintech, insurtech and proptech opportunities with a crypto overlay to everything he evaluates. Since he joined Foundation Capital in 2005, he's made seventeen successful investments, five of which have gone public and twelve have been acquired. Charles' public portfolio includes early-stage investments that have led to notable IPOs with DOMA (IPO 2021), Rover (IPO 2021), LendingClub (IPO 2014), OnDeck (IPO 2014) and Everyday Health (2014). Fun fact: Charles moonlights as AAA Little League coach and family vacation planner.Learn more about Charles here.About Foundation CapitalFoundation Capital is a Silicon Valley-based early-stage venture capital firm that's dedicated to the proposition that one entrepreneur's idea, with the right support, can become a business that changes the world. The firm is made up of former entrepreneurs who set out to create the firm they wanted as founders. Foundation Capital is currently invested in more than 60 high-growth ventures in the areas of consumer, information technology, software, digital energy, financial technology, and marketing technology. These investments include AdRoll, Beepi, Bolt Threads, DogVacay, Kik, ForgeRock, Lending Home, Localytics, and Visier. The firm's twenty-six IPOs include Lending Club, OnDeck, Chegg, Sunrun, MobileIron, Control4, TubeMogul, Envestnet, Financial Engines, Netflix, NetZero, Responsys and Silver Spring Networks.Subscribe to our podcast and stay tuned for our next episode. Follow Us: Twitter | Linkedin | Instagram | Facebook
Hugh McDermott is the senior vice president for business development and sales for ESS Inc., a provider of long-duration energy storage (LDES) solutions for commercial and industrial (C&I), utility, microgrid, and off-grid applications. In today's podcast, he explains the critical issue of energy storage, which he warns could impede our quest for a clean, green future."We can build and have all kinds of generating technologies that can be carbon-free, but we can't go through the night without energy storage," he said.He suggests LDES — defined by the U.S. Department of Energy (DOE) as a system that can store energy for more than 10 hours —is the lynchpin for solving intermittency issues with renewable energy production. ESS, founded in 2011, aims to accelerate global decarbonization by providing safe, sustainable LDES that can power clean, renewable energy anytime and anywhere it's needed. LDES supports reliable and resilient electric grids even when the sun goes down and the wind grows still, he said.Hugh has a long history in the energy industry and shares many deep insights today. Before joining ESS, he was a VP for Silver Spring Networks, where he led the company's market-building presence and partnership development for Smart Grid and Smart City business across the Asia-Pacific region. Before that, he was global head of business development at Better Place, leveraging networked electric vehicle charging infrastructure to provide dynamic load management and energy storage services to utilities, grid operators and energy traders. He's been on the forefront of the energy transition for more than 20 years, and has helped pioneer some of the technologies that have changed the way we work & live. And today, we get an inside view of exactly how he navigated the twists and turns of his career to get there.Join us to learn how ESS Inc is revolutionizing LDES and creating a firm foundation for the growth of renewable energy.If you want to connect with today's guest, you'll find links to their contact info (linked, twitter, etc) in the show notes over on the blog.SunCast is presented by Sungrow, the world's most bankable inverter brand.You can learn more about all the sponsors who help make this show free for you, here: www.mysuncast.com/sponsorsRemember you can always find the resources and learn more about today's guest, recommendations, book links, and more than 559 other founder stories and startup advice at www.mysuncast.com.You can connect with me, Nico Johnson, on Twitter, LinkedIn or email.
This episode was produced remotely using the ListenDeck standardized audio & video production system. If you're looking to jumpstart your podcast miniseries or upgrade your podcast or video production please visit www.ListenDeck.com. You can subscribe to this podcast and stay up to date on all the stories here on Apple Podcasts, Google Play, Stitcher, Spotify, Amazon and iHeartRadio. In this episode the host John Siracusa chats remotely with Zach Noorani, Partner at Foundation Capital. Foundation Capital is a venture capital firm made up of former entrepreneurs who set out to create the firm they wanted as founders. Foundation Capital has invested in companies like LendingClub, Sunrun and Netflix, among many others. Foundation Capital is currently invested in more than 60 high-growth ventures. The firm's twenty-six IPOs include Lending Club, OnDeck, Chegg, Sunrun, MobileIron, Control4, TubeMogul, Envestnet, Financial Engines, Netflix, NetZero, Responsys and Silver Spring Networks. Tune in and Listen. Subscribe now on Apple Podcasts, Google , Stitcher, Spotify, Amazon and iHeartRadio to hear Thursdays episode with Login Allin from Fin Capital . About the host: John is the host of the ‘Bank On It' podcast which is produced by ListenDeck podcast & video production.
Eric Dresselhuys, CEO, ESS (Energy Storage Systems), the leading provider in long-duration energy storage, a key to enable the decarbonization of the energy system, and a catalyst for a sustainable planet. He was a Co-Founder of Silver Spring Networks.
Ryan Zauk brings you one of the most impactful, information-dense, and fun episodes to date with Chad Beyers, Partner & Co-Founder of Susa Ventures. Susa is a sector-agnostic early-stage VC investing in areas like Enterprise Software, Fintech, Logistics, Healthcare, Consumer & Frontier Tech. Notable investments include Robinhood, Fast, Flexport, PolicyGenius, Okra, LendUp, Nova Credit, Railz, Treasury Prime, and Expanse. Chad was named to the Forbes 30 Under 30 for VC in 2015. Prior to Susa Ventures, Chad was the senior director of platform at Integrate.com and held various marketing and product roles at Silver Spring Networks, Bloom Energy, and Electronic Arts. They discuss: - His unusual path to venture and the critical tools he used to become an incredible cold-emailer, meeting a16z's Chris Dixon and BoxGroup's David Tisch - The wild story of turning a Jon Stewart taping into an internet phenomenon! - Susa Ventures and the exciting, Wharton Fintech exclusive release of their upcoming opportunities fund - Critical advice for starting your first fund (or angel investments) - His seed Robinhood investment, including the moment the lightbulb went off - Fintech trends he's most excited ]for - And much more! Mentioned in the Episode: Jon Stewart Tweet Thread: https://twitter.com/chadbyers/status/1273726486973804545?lang=en Robinhood COO: https://bit.ly/3AGEHdi Atom Finance CEO on PFOF: https://bit.ly/3hK0EzI For more Fintech insights, follow us below: Medium: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech Ryan's Twitter: twitter.com/RyanZauk LinkedIn: www.linkedin.com/company/wharton-fintech-club/
Jackie DiMonte is a Partner at Chicago Ventures, an early-stage Venture Capital firm based in Chicago. She began her career at Accenture as a consultant. She then worked for an IoT startup named Silver Spring Networks while receiving her MBA at The University of Chicago Booth School of Business. Jackie entered Venture Capital at Hyde Park Venture Partners prior to becoming a Partner at Chicago Ventures.In this episode, we cover: The maturation of Venture Capital in Chicago A recap of seed investing in 2020 Prognosis for seed investing in 2021 The impending Series A crunch NFT's You can find Jackie on LinkedIn & on Twitter and Chicago Ventures at their website.Resources discussed: Jackie's newsletter Day by Jay, Seeding the Exception article Her NFT - Floating Houses. Manifold Group is a venture holding company based in Chicago with offices in Dallas, Los Angeles, and soon Atlantic Canada. Early stage private investments represent an extraordinary investment opportunity, but existing investment models in the space leave much to be desired.Manifold is a new model for growth in the new economy, designed to create and capture value at the early stage through synergies across its venture fund, incubation and acceleration studio, and advisory firm. Learn more about Manifold at https://www.manifold.group.zg1LRLBZYzJ5XvU2fuwJ
Interview begins: 7:15Debrief: 55:14Jackie DiMonte is a partner at Chicago Ventures.Prior to joining Chicago Ventures, Jackie was a principal at Hyde Park Venture Partners, working with portfolio companies such as RoadSync, Podchaser, Fixer, FactoryFix, and PartySlate. Before that, she worked at Silver Spring Networks (now Itron), an IoT company for critical infrastructure, driving development and pilot projects for emerging smart city technology. She is also a member of the Board of Directors for Starting Block Madison and Chicago:Blend and a Venture Partner at Republic.We discuss: Feedback Loop 13:54 Evolution in a Venture Firm 17:14 What Level is a Deal Flow Done? 21:46 Get a Deal Through 24:17 Programmatic Venture 26:35 Working Virtually from Austin 31:13 Partner at Chicago Ventures 35:27 Inbound Pitches 42:43 Fragmenting Markets 48:53 Personal Goals for the role 50:26 Chicago Ventures was founded in 2012.Learn more about Chicago VenturesFollow Jackie on TwitterThis episode is sponsored by SavvyCal. SavvyCal is the most intuitive and powerful scheduling tool on the market. In fact, we just started SavvyCal to book interviews with our guests! You can create personalized links in seconds and even allow recipients to overlay their calendar on top of yours. You really gotta see how this works, and you'll wonder why it wasn't always this easy.Sign up to create a free account at savvycal.com/upside and when you're ready to test out a paid plan, use the code UPSIDE to get your first month free.Follow upside on TwitterAdvertise with an upside classified--This episode of upside is also sponsored by Ethos Wealth Management. Managing wealth with an eye toward the future demands vigilance and skill in today's global economy. Over the years, Ethos Wealth Management has worked with clients and their other professional advisors – including attorneys and accountants – to create comprehensive wealth management plans designed to make the best use of their wealth today and help ensure its endurance for future generations.They can do the same for you. Visit upside.fm/ethos to learn more
Meet: Jon Volk is the Director of Recruiting at Unusual Ventures focused on delivering the first critical hires for our portfolio companies, while establishing the recruiting process along the way. An experienced recruiting leader, Jon started his career in Silicon Valley working for tech giants Google and Amazon, before moving on to the hyper-growth startup, AppDynamics. There, he helped grow the company from 180 to over 300 people. He then moved on to run global recruiting for internet-of-things company, Silver Spring Networks, where he completely rebuilt the recruiting function to support their global needs, all while making key leadership hires critical to the company’s growth. Jon returned to AppDynamics to run engineering recruiting in 2016, helping to grow the company to over 2,000 people, leading recruiting efforts through its acquisition by Cisco, and establishing an AppDynamics-first engineering arm in Prague. He’s very excited to help CEOs and entrepreneurs take their companies to the next level by establishing processes and hiring great people. Jon graduated from the University of Arizona with a BA in political science. If you would like to get in contact with Jon, please reach out to him via: https://www.linkedin.com/in/jonvolk/ https://twitter.com/jonv1919
Marina Donovan is VP of global marketing and public affairs at Itron, one of the leading technology firms in the smart grid business, even more so for having acquired Silver Spring Networks at the very beginning of 2018, which is where Donovan worked previously and how she came to Itron. Donovan spoke to us about the impressive findings in a massive survey that demonstrated how utility customers see their relationship with their energy providers changing, and the kind of smart city, or as Donovan likes to call it, “smart community,” customers and their utilities want to create. She also spoke about how the Wi-SUN networking standard fits into the movement of open standards that has included Wi-Fi and Bluetooth, and how many of the people behind those now classic standards are comitted to Wi-SUN.
Amy Cappellanti-Wolf: How to Instill a Culture of Mutual Respect (Ep. 161) Symantec’s Chief Human Resources Officer Amy Cappellanti-Wolf joined Joe Miller to discuss Symantec's efforts to instill a culture of mutual respect on diverse teams. Bio Amy Cappellanti-Wolf (@amycappellanti) is CHRO at Symantec in Mountain View, CA. As CHRO, Amy leads the Global HR, Workforce Planning and Real Estate organizations. With more than three decades of experience leading companies across high tech, entertainment and consumer products industries through complex transformations, Amy is a proven organizational design and development leader and executive coach focusing on talent as the key driver of business growth. Amy specializes in helping businesses survive and thrive while undergoing deep transformation. Her focus areas include Business Transformation and Change Management, Organizational Design and Process Management, Business Partnership, Communication Strategy Facilitation, and Diversity in Tech. As CHRO at Symantec, Amy has successfully led the global organizational operating model, structure, change management and integration strategies for large scale acquisitions and divestitures. She has led effectiveness strategies related to organization and people optimization, and delivered systemic program and metrics related to structure, workforce planning, talent, and real estate consolidation. Amy has deep experience in architecting HR Operating Models in support of the business with her most recent emphasis on building Talent Development and HR Solutions capability. She has delivered high-impact automation and predictive data analytics and reporting, reducing operating expense, while improving operational effectiveness. In the real estate space, she has integrated workforce planning with real estate optimization, significantly reducing operating costs while also delivering award-winning workspaces for better collaboration and productivity, among other successes. Prior to joining Symantec, Amy was CHRO at Silver Spring Networks, where she led Global HR, Real Estate, and Technical Education organizations. Amy helped to deliver a successful IPO in March 2013. She established HR infrastructure, programs, and technology to drive global scale for the fast growing hardware, software, and services business, and she led several organizational companywide restructures. Amy built and ramped a professional talent acquisition team, doubled the employee population in less than eighteen months, implemented various automation and information systems, and opened up the European, South American, and Asian offices. From 2001 to 2009, Amy held key human resources roles at Cisco Systems, where she developed innovative leadership development programs and processes. She directly contributed to Cisco’s globalization efforts by developing workforce planning and global mobility practices to resource new and emerging capabilities outside of the US. Specifically, Amy led HR for the U.S. Enterprise Sales team; Worldwide Marketing; Business Functions; and the Decision Support, Services and Operations Businesses. Prior to Cisco, Amy also led HR teams at Sun Microsystems, The Walt Disney Company, and Frito-Lay. Amy provides ongoing support of children and foster children as a Board member of the non-profit Silicon Valley Children’s Fund. She was recently named one of the top 50 most influential women tech leaders by the National Diversity Council. Amy holds an M.S. in Industrial and Labor Relations and a B.S. in Journalism and Public Relations, both from West Virginia University. She is a frequent speaker and lecturer at industry-related conferences. Resources Symantec News Roundup Supreme Court declines to overturn ruling to uphold the 2015 net neutrality rules The Supreme Court has declined to overturn the D.C. Circuit Court of Appeals’ ruling to uphold the 2015 net neutrality rules. Although the F.C.C. overturned the rules itself, and another lawsuit is working its way through the court’s, the Supreme Court’s denial to hear the original case preserves the FCC’s ability to regulate the internet like a public utility. Harper Niedig reports in the Hill. Google employees stage worldwide walkouts for company’s handling of sexual harassment; Sundar Pichai supports Thousands of Google employees staged walkouts around the world in protest of Google’s handling of Android creator Andy Rubin’s exit from the company, which was mired in sexual harassment allegations which he denies. In a bombshell report, The New York Times had reported that Google paid Rubin some $90 million after he left, even though an internal investigation at Google found the allegations against him to be credible. Protesting staffers are demanding an end to forced arbitration for discrimination and harassment claims, a commitment to pay and opportunity equity, a publicly-disclosed sexual harassment transparency report, a clear and uniform way to report sexual harassment, and a promotion of the Chief of Diversity Officer to direct-report status to the CEO. CEO Sundar Pichai wrote in support of the protests. Amazon commences paying workers $15/hour minimum wage Amazon has commenced paying workers a $15/hour minimum wage. It began on November first, and Amazon called on its competitors to follow suit. None of the big box retailers have set a minimum wage of $15 per hour. Google’s Susan Molinari to step down Susan Molinari—who has served at the head of Google’s Washington office for nearly seven years—will be stepping down from her post. The former Republican representative will remain on board as a Senior Advisor. Molinari sites family changes as the reason for stepping down. Facebook, Twitter fail to respond to aftermath of Pittsburgh massacre Facebook and Twitter both failed to adequately respond to the aftermath of the Pittsburgh massacre that left 11 Jewish congregants dead. The Intercept reports that Facebook allowed advertisers to use “white genocide” as a target keyword, and Twitter found itself apologizing for allowing “Kill all Jews” to be a trending topic. An uptick in hate speech on Instagram Columbia University media researcher Jonathan Albright found an uptick in hate speech appearing on Instagram. He found numerous instances of hashtags like #soros49 #maga #libtards and others associated with hate speech. Ali Breland reports in the Hill. Sens. Klobuchar/Warner: Facebook’s political ad transparency tools are ‘unacceptable’ Senators Amy Klobuchar and Mark Warner – both Democrats -- sent a letter to Facebook last week urging them to improve their political ad transparency tools saying they’re ‘unacceptable’ since they’re still capable display the wrong sources of funding for ad campaigns. The letter followed Vice News’ successful, experimental attempts to purchase Facebook ads posting as Mike Pence, the Islamic State in Iraq and all 100 Senators. U.S. charges 10 Chinese intelligence agents with commercial hacking The Trump administration has unsealed charges against 10 Chinese intelligence agents the U.S. accuses of engaging in a persistent campaign to hack into American aviation companies in Arizona, Massachusetts, Oregon, and elsewhere. The Chinese embassy in Washington denies the allegations. Back in 2015, former U.S. President Barack Obama and Chinese President Xi Jinping signed an accord to refrain from conducting cyber operations against the other. But now some experts are saying that the Trump administration’s aggressive stance towards China has led the world’s second largest economy to stop enforcing the accord. Aruna Viswanatha and Dustin Volz have the report for the Wall Street Journal. 56 major companies oppose Trump administration’s efforts to erase legal protections for transgender people Fifty-six companies, including Airbnb, Amazon, Apple, Cisco, Facebook, Google, LinkedIn, Lyft, Twitter and others issued a business statement opposing the Trump administration’s plans to remove legal protections for transgender people. The statement calls for “respect and transparency in policy-making, and for equality under the law for transgender people.” HBO and Cinemax go dark for first time in 40 years AT&T’s HBO and Cinemax went dark last week after they couldn’t reach a carriage deal with Dish Networks. HBO said it’s the first time in 40 years they’ve gone dark. Dish accuses AT&T of preventing other carriers from accessing HBO. The dispute involves subscriber guarantees Dish would have to meet in order to carry HBO. Hackers continue to target U.S. elections Hackers have ramped up efforts to target the United States’ election infrastructure, according to the Department of Homeland Security. Attempts have largely been thwarted. But the agency is seeing as many as 10 hacking attempts per day. Atlantic: Democrats significantly outspent Republicans on Facebook Democrats have significantly outspent Republicans on Facebook with 63.5% of political spending on the platform, compared to just 17.8% for Republicans, according to the Atlantic. Democrats spent $9.4 million while Republicans have spent just $2.7 million. Alexis Madrigal reports in the Atlantic. California gives Waymo green light to test on public roads Finally, the state of California has given Waymo the green light to conduct tests of robot cars without human drivers on public roads. Waymo is the first company to which California has granted the privilege. The permit allows Waymo to test 40 cars on roads with speed limits up to 65 miles per hour.
Mike Dillon has seen a lot change over his career as general counsel to some of the nation’s largest technology companies. Working for Silver Spring Networks, Sun Microsystems and, most recently, Adobe Systems, he witnessed firsthand how digitization and globalization affected the operation and practice of a general counsel’s office. In this episode of the Legal Rebels podcast, he speaks with the ABA Journal's Jason Taschea about his work. Special thanks to our sponsor, Answer1.
Mike Dillon has seen a lot change over his career as general counsel to some of the nation’s largest technology companies. Working for Silver Spring Networks, Sun Microsystems and, most recently, Adobe Systems, he witnessed firsthand how digitization and globalization affected the operation and practice of a general counsel’s office. In this episode of the Legal Rebels podcast, he speaks with the ABA Journal's Jason Taschea about his work. Special thanks to our sponsor, Answer1.
President-elect Donald Trump visits Silicon Valley to meet with some of the biggest names in technology and that got me to thinking… what will come of the expanded White House Smart Cities Initiative that was announced in September, which allocates more than $80 million in new federal investment and a doubling of the participating cities and communities to more than 70. The initiative makes it easier for cities, federal agencies, universities, and the private sector to all work collaboratively to research, develop, deploy, and testbed, new technologies designed to help make our cities more inhabitable, cleaner, as well as more equitable. For example – developing new data and analytics tools to help buildings reduce their energy footprint. Creating an entire urban network of connected and autonomous vehicles that can automatically cooperate to improve safety and travel efficiency, such as the one being funded in Chattanooga. And most importantly, implementing more effective warning systems to help first responders act more rapidly to save lives. It’s all about connectivity! One of the companies at the heart of the Smart City is Silver Spring Networks. This company has deployed nearly 25 million ‘smart’ enabled devices across five continents – deployments of which are enabling smart cities, smart utilities, iOT, and industrial internet of things applications. To tell us what this means, who better than the Chief Technology Officer, or CTO of Silver Spring Networks, Don Reeves, who joins us to talk about why our cities are behind the times in implementing new technologies and what's being done to expedite adoption and impact.
Michael Bell is an accomplished global executive with a demonstrated history of innovation, having spent more than 24 years in leadership and product development positions with Intel, Palm, and Apple. He's had an incredible career in the tech industry and someone I could speak with for hours. He's armed with a wealth of stories from his days at Apple and even has a great tale about the space shuttle. BUT, do not be fooled into thinking this is all about Michael's past, just like any tech veteran he only looks forwards. Michael is now Silver Spring’s President and Chief Executive Officer. Silver Spring Networks enables the Internet of Important Things by reliably and securely connecting things that matter. Cities, utilities, and companies on five continents use the company’s cost-effective, high-performance IoT network and data platform to operate more efficiently, get greener, and enable innovative services that can improve the lives of millions of people. With more than 24.9 million devices delivered, Silver Spring provides a proven standards-based platform safeguarded with military grade security. To top it all, Silver Spring Networks has also been Named a Visionary in Gartner Magic Quadrant for Managed Machine-to-Machine Services, Worldwide. I invited Mike bell onto the show to find out more.
In this episode of the Irish Tech News podcast, Ronan talks to Rachel Eyres the UK and Ireland director of Silver Springs Networks. Rachel talks about the new trial in Crossmalina County Mayo, involving a network of smart devices which include intelligent street lighting which aims to make Crossmalina more energy efficient. Rachel also talks about why Ireland is a major focus for them in Europe, their app store, their plans to increase the 23.6 million devices over five continents using their platform and why they see their future in IoT devices.