Scaling Companies to Exit or Legacy – What’s the Magic?
Thursday, May 17, 2018
Silicon Valley Innovation Center
425 National Ave.
Mt. View, CA 94043
Companies go through three phases according to Cringely. In the first phase, early employees are like commandos establishing a beachhead – special forces who take on impossible tasks. In the second phase, companies grow rapidly and take on ambitious yet less extreme employees – more akin to infantry than commandos. In the third phase, companies stabilize and take on more peaceful, risk-averse staff who are more like police than infantry.
Few companies make it to the finals, can we define and quantify the steps along the way? How important is leadership? How important is funding? Where does all the discussion of knowing when to pivot come into play? What about advisors and employees? What can companies in different phases learn from each other?
Please join ACG Silicon Valley for an exciting evening as our decorated panel of veterans share their experience.
Our Distinguished Panel
Dr. Charles M. Geschke
Chairman of the Board
Adobe Systems, Inc.
Dr. Charles Geschke co-founded Adobe in 1982 with Dr. John Warnock, driving technology innovations that forever transformed how people create and consume content across every screen. A respected and inspiring industry leader, Geschke was instrumental in developing some of the software industry’s most pioneering technologies. Through his vision and passion, Geschke helped build Adobe from a start-up into one of the world’s largest software companies. Today, he and Warnock are co-chairmen of Adobe’s board of directors and continue to shape direction for the company with more than $4 billion in annual revenue. Geschke has served as chairman of the board with Warnock since September 1997. He was chief operating officer of Adobe from December 1986 until July 1994 and president from April 1989 until his retirement in April 2000.
Prior to co-founding Adobe, Geschke formed the Imaging Sciences Laboratory at Xerox Palo Alto Research Center (PARC) and was a principal scientist and researcher at Xerox PARC’s Computer Sciences Laboratory.
Among many awards, Geschke, along with Warnock, was the recipient of the National Medal of Technology and Innovation, one of the nation’s highest honors bestowed on scientists, engineers and inventors. Geschke holds a Ph.D. in computer science from Carnegie Mellon University as well as a master’s degree in mathematics and an A.B. in classics, both from Xavier University.
CEO & President
Peaxy CEO and President Manuel Terranova is a technology veteran with a long track record of bringing emerging technologies to market. He has a broad range of P&L and technical leadership experience in oil and gas, subsea equipment, software application development, pipeline inspection robotics, telemetry systems and IT infrastructure.
Before co-founding Peaxy, Terranova was a Senior Vice President at General Electric’s Drilling and Production business, where he led a $5.2 billion portfolio. In that role he managed the company’s commercial and regional resources worldwide, which included the creation of a $200 million subsea equipment joint venture in sub-Saharan Africa. During his 13 years at GE, he led a number of successful software development efforts, including a GIS software business, remote pipeline monitoring and SupportCentral, a knowledge-based portal he co-founded that grew to become the company’s second most used application worldwide. Terranova served as CIO of GE’s Oil & Gas division from 2002 to 2006. In that role he led efforts to migrate the entire business from legacy applications to ERP and a contemporary application stack.
Jeff Immelt awarded him the Chairman’s Award for Technology and Innovation in 2010. That year—as head of GE’s subsea portfolio—he led a series of successful product launches, including a remotely enabled subsea control system that set industry records for market-share gains in a single year.
Sanjiv is an active angel investor with a successful high-tech portfolio. Sanjiv has been pivotal in mentoring promising new entrepreneurs and has won awards for several of his innovations; most note-worthy, is the location based contesting platform. Every single bottle of Heinz ketchup served in restaurants is labeled with it. He has architected first automatic vehicle location system of Singapore in 1996, since then he is focused on Innovation.
As Angel Investor, he is looking for startups leveraging mobile in Digital marketing, Retail, Healthcare, Gaming, Hospitality. He has invested in Vriti, Fanminder, Admaxim, Appgravity, Gameloot, Raffity, Ebsavvy, Pregame, Mobifusion, Edseva, Demars Group, Mobiglue, Pyxa, SampleUP, iShopthrifty, Mobiglue, and Direct 401K.
He believes in supporting our youth and focuses his philanthropic duties on children’s charities.
Sanjiv holds Master’s degree in Technology from Indian Institute of Technology (IIT) in Delhi, India.