Raymond Rath, Managing Director at Globalview Advisors, attended the January 25, 2020 Caltech Entrepreneurs Forum Program on “Success and Failure Yield Entrepreneurial Insights”. The event was held on the Caltech campus at the Cahill Center for Astronomy and Astrophysics in Pasadena.
The innovation arena is blessed with founders, investors and others ready to share insights. Their desiderata for startups embrace everything from how to talk to investors to “don’t buy that BMW too soon.” What’s not so often clear is which of the many admonishments was key to a particular venture’s journey. For example, be aware that when co-founders’ visions diverge, for better or for worse, the Board most likely will support the founder who landed most of the investment. Today’s speakers included in their presentations examples highlighting oft-overlooked elements of success (or failure).
Formed in 1984, the Caltech Entrepreneurs Forum is an entrepreneurship resource of Caltech’s Office of Technology Transfer and Corporate Partnerships. The mission of the Caltech Entrepreneurs Forum is to encourage the growth and success of technology-based entrepreneurial ventures in Southern California. Through its monthly programs, the Forum provides advice, support, education and networking opportunities to technology-based ventures in the Southern California area. Programs address a range of key entrepreneurial issues from financing, marketing and business planning to executive leadership and staffing. Case presentations feature companies in emerging technology areas reviewing their business plans with expert panelists. Special sessions examine new entrepreneurial opportunities, in such areas as life sciences, medical technologies, energy, software, communications and entertainment technologies.