AZ Tech Roundtable 2.0

Matt Battaglia

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/

  1. 12/12/2024

    Best of Bitcoin, Blockchain & Crypto Revisited - AZ TRT S05 EP44 (260) 12-1-2024

    Best of Bitcoin, Blockchain & Crypto Revisited AZ TRT S05 EP44 (260) 12-1-2024    Best of Clips on Bitcoin, Blockchain & Crypto from previous shows…… Exchanges w/ John Denza of ErisX Crypto News + Blockworks on Blockchain & Bitcoin w/ Jason Yanowitz Bitcoin, Bonds, Credit Markets and Reserve Currencies w/ Greg Foss Blockchain Mass Adoption thru Casper Labs w/ Mrinal Manohar     Seg. 1  Clips from Tech on the Rise from A.I. to Blockchain - BRT S01 EP 40 11-08-2020   Link to Full Show: Here   Things We Learned This Week AI w/ Naru of Aptus AI AI - artificial intelligence is used daily by the world in - search, big data, speech recognition, V/R, security, robotics, etc. AI helping in healthcare, assist Doctors Blockchain & Crypto w/ John Denza of ErisX Blockchain is a cryptography database Bitcoin is a store of value that operates on the blockchain network   Guest: John Denza, Chief Commercial Officer w/ ErisX  https://www.erisx.com/ https://www.erisx.com/about/investors/ https://www.linkedin.com/in/john-r-denza/     John Denza has 15+ years as a successful Exchange and Financial Technology Sales Professional with a strong desire to leverage these skills in the Cryptocurrency space. He has a passion  to build new Disruptive Markets while fostering relationships with Clients and Hedge Funds. Avid researcher of Cryptocurrency market structure, long term enthusiast and investor across multiple venues. He is focused on applying his Exchange and Electronic Trading experience to the Cryptocurrency Trading community.   ErisX: With in-depth experience in delivering and operating a fully regulated market place at Eris Exchange, ErisX has ventured into the digital asset space with a broad offering of both spot and futures contracts on one platform. ErisX integrates digital asset products and modern technology into reliable, compliant and robust capital markets workflows. Starting with Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH) and Litecoin (LTC), the ErisX solution provides trading, deposits and withdrawals on a stable, proven capital markets technology infrastructure.         Seg. 2 Clips from Blockworks on Blockchain & Bitcoin w/ Jason Yanowitz of Blockworks - BRT S02 EP21 (68) 5-23-2021     Link to Full Show: Here     What We Learned This Week: Blockworks is a Financial News Site about Digital Assets - ie: Blockchain & Crypto Bitcoin is bigger than Elon Musk What is a token? Ethereum = Blockchain, Ether = token crypto Ethereum move to Proof of Stake for better payment speed Crypto Exchanges (ie - Coinbase) and future of investing and ETF creation     Guest: Jason Yanowitz of Blockworks Media Co. https://blockworks.co/about-us/ https://www.linkedin.com/in/yanowitzjason https://twitter.com/JasonYanowitz   Jason Yanowitz background is in finance and VC work. He started Blockworks with his partner in 2018 to be the premiere source for blockchain and crypto news and information. The site has blogs, webinars, news stories and a podcast. Jason discusses all things Bitcoin, Crypto and the Blockchain form what each is, to Mining, and energy & the Elon Musk comments (and validity). We break down Web 3.0 on tokens, NFT, and the alternate crypto coins. Understanding the creation of Ethereum, the founders, the protocol, and the difference vs Bitcoin. How will the Ethereum upgrade roll out, and if payments will be transacted faster with proof of Stake. Then we expand to the Crypto Exchanges, and Investing, funds / ETFs, and the future of the industry.       Seg. 3 Clips from Bitcoin, Bonds, Credit Markets and Reserve Currencies w/ Greg Foss - BRT S02 EP24 (71) 6-13-2021     Link to Full show: HERE   What We Learned This Week Bitcoin is Digital Energy Bond and Debt Markets cannot hold up, way too much debt with Governments worldwide Bitcoin could become Reserve Currency as Fiat currencies like the Dollar collapse Credit Markets need to be monitored as an Investor $900 Trillion Total Global Debt   Guest: Greg Foss Links:  https://twitter.com/FossGregfoss   /    https://ca.linkedin.com/in/greg-foss-a553ab32 Bitcoin as Portfolio Insurance Paper - https://bitcoinmagazine.com/markets/executive-summary-why-every-fixed-income-investor-needs-to-own-bitcoin-as-portfolio-insurance http://www.worldgovernmentbonds.com/cds-historical-data/   Greg Foss is a former credit trader, who has worked in finance and the bond markets for nearly 30 years. This talk is a breakdown a paper Greg recently wrote entitled – ‘Why Every Fixed Income Investor Should Needs to Own Bitcoin as Portfolio Insurance’. He gives an overview of the credit markets, how bonds work, interest rates and inflation and US Treasury historical rates. Greg ties this to the overall market, currencies (fiat and hard assets), stocks and the effects current Government deficits have. Greg tells every investor to pay attention to credit markets as they are indicators of what is going on with stocks. His belief is the US Dollar is dwindling as the reserve currency, and Bitcoin (not Gold) is the better hedge vs inflation. Greg thinks Bitcoin will one day replace the US dollar as the reserve currency of the world. He goes further to give his insights on Bitcoin, the intrinsic value and where it will be in 10 to 20 years.      Seg. 4 Clips from Blockchain Mass Adoption thru Casper Labs w/ Mrinal Manohar - BRT S03 EP20 (119) 5-15-2022   Link to Full Show: HERE   Things We Learned This Week Casper is designed to accelerate enterprise & developer adoption of blockchain technology today and evolve to meet user needs in the future. Blockchain: key features are missing in the industry, that hinders enterprise adoption, ease of use + speed Blockchain – best form of copy / data / IP protection (Smart Contracts) Blockchain will cost more because the security, and copy protection is better Fees in Blockchain are expensive & inconsistent, there is a need to standardize and make predictable   Guest: Mrinal Manohar, Casperlabs CEO https://www.linkedin.com/in/mrinal-manohar-84422a9/ https://casperlabs.io/ https://casperlabs.io/company/meet-our-team https://www.youtube.com/results?search_query=Casperlabs+CEO%2C+Mrinal+Manohar   Mrinal Manohar is co-founder and CEO of CasperLabs. Mrinal Manohar has an extensive career as both a computer programmer and a finance professional. Before founding Casper, Mrinal was a principal and the technology/media/telecom sector head at Sagard Capital, a ~$1b long-only hedge fund. Mrinal also previously served as a private equity associate at Bain Capital in Boston, and as an associate consultant at Bain & Company. Mrinal has been personally investing in the blockchain industry since 2012 as a seed investor in Ethereum, Blockstack, Basis, Maker, Filecoin, and more. Mrinal holds a Master of Science degree from Carnegie Mellon University.     BRT 3.0 - Best Of Bitcoin, Blockchain, & Crypto 2021 w/ Greg Foss, Blockworks & Swan Bitcoin - BRT S02 EP22 (69) 05-30-2021 Clips from past show segments of BRT talking Crypto & Blockchain topics in 2021 from the exchanges,  legal, smart contracts, Bitcoin investing, & Blockchain / Crypto news service. https://brt-show.libsyn.com/brt-s02-ep22-69-05-30-2021-brt-30-best-of-bitcoin-blockchain-and-crypto-2021 Tech Topic: https://brt-show.libsyn.com/category/Tech-Startup-VC-Cybersecurity-Energy-Science Bitcoin / Blockchain / Crypto Shows: HERE   Biotech Shows: HERE     ‘Best Of’ Topic: https://brt-show.libsyn.com/category/Best+of+BRT      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: http://aztrtshow.com/ ‘Best Of’ AZ TRT Podcast: Click Here Podcast on Google: Click Here Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/azpodcast/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/   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.

    50 min
  2. 11/22/2024

    Tech Marketing - Build a Brand like Steve Jobs & Apple to Elon Musk & Tesla + PT Barnum’s Impact - AZ TRT S05 EP43 (259) 11-17-2024

    Tech Marketing - Build a Brand like Steve Jobs & Apple to Elon Musk & Tesla + PT Barnum’s Impact  AZ TRT S05 EP43 (259) 11-17-2024    What We Learned This Week: PT Barnum the original Greatest Showman who understood the power of brand & advertising Apple Iphone release in 2007, big event w/ 1st smartphone Apple commercial Think Different, celebrate change Tesla EV Car is a marvel of tech, customer support & service + order online only Tesla $0 ad budget - use social, word of mouth, referrals, clean energy mission, & the following of an iconic Founder   Seg 1 - Tech Marketing - Apple PT Barnum is considered the original entrepreneur and showman. He was all about hype and creating big spectacles. He understand very early on the power of PR and the press. He knew he had to capture the public in interest with his posters and advertising. He promoted the extraordinary to arouse people’s curiosity to go see his shows. Truly understood the audience and how to create a hook. His infamous museum, with the Fiji mermaid and Tom Thumb and the dog man. Barnum was  adaptive and innovative, changing his show from the museum to the circus. He was not afraid to be outspoken or controversial. He just wanted press and promotion.  Power of brand and Apple was able to build a $3 trillion company because people identify with their brand.        Steve Jobs - Unique and outspoken founder who believed it was all about the product, and making the best products. He also believed in simplicity, easy to use customer centric product. Knew how to demo a product. Apple was all about the presentation and their events were covered yearly by the press. Key moment was in 2007 with the introduction of the iPhone. Steve Jobs talked about having a phone, I pod and the internet. What if this could all be in one device and then introduced the first smart phone. Apple built their brand as the young cool hip company for creatives. It was the McIntosh graphics card that originally attracted people to their products in the 1980s. Jobs was all about ease of use making a product simple. He would literally have kids test the products to see if it was too complicated. Jobs stressed simplicity, and focus. Make the best looking and sleekest products . He himself was also very simple, wearing the same black shirt and jeans every day so you didn’t have to think about what to wear. This was an Einstein trick. Understood the power of advertising. The original 1984 Super Bowl ad was a play on the book 1984 and smashing the status quo with a sledgehammer to introduce the Apple Macintosh They had a big ad campaign in 1997 with thanking and  celebrating all the eccentric rebel misfits, the change people like Einstein and Picasso and Gandhi. This positioned Apple with these iconic figures.  Apple had the ‘Shot on iPhone’ campaign with a show versus tell method. People could see the videos and how good they were and how good the camera was on the iPhone.  Then the early 2000 ‘I am a PC, I am a Mac’ campaign. Where the PC was seen is an old stuffy guy with glasses wearing a suit vs the young hip Mac. Apples products cost more but the customers who are actually fans do not care. It’s almost like a cult with diehard fans just loving the brand and wanting to be part of the community. They identify with the Apple brand.  There are actually more Android phone users, 3 billion users vs Iphone users of 1 billion. In the US iPhone is more popular with a 60% share, vs a 30% share in the entire world. Apple is concerned with how good their products are spending billions on R&D, but also the look and design of products. Even the un-boxing of a Apple product. Constantly clean and simple. Even the Apple stores are very clean and easy to walk about. Steve Jobs set the tone in Apple with the product, focus on the customer, be product centric. Keep it simple and build a great brand. Ironically, Jobs did not work with consultants, nor did he ever do a survey to customers for product ideas. It’s like he knew his customers better than them, and gave them the next generation hottest product.     Seg 2 – Tech Marketing - Tesla https://www.tesla.com/we-robot   Tesla company with a $1 trillion valuation that spend $0 on their ad budget. It is pretty amazing that they are the biggest EV car maker in the world with a 50% market share in the US and 20% market share worldwide. Tesla actually had a 75% share in 2022, it has dropped a little. They sell 1.8 million cars worldwide per year, and the total EV car sales in the world is 14 million.  There is some smaller EV car makers who are considered rivals - Rivian, Lucid and Volvo / Polarstar, and they only have a 5% market share. Car makers, GM, Honda Nissan, Volkswagen, and Hyundai combined have like a 30% market share in the US. 1 in 4 new cars sold in 2023 was an EV, and currently EV is about 6.8% of US cars. Tesla is all about brand and identity. Just like Apple, their customers connect with the brand. Tesla is obsessed with customer experience and service Their cars are a marvel of technology and easy to use. They’re also connected to your phone and send you alerts when you need service on your car. Tesla is consistent in their messaging.  They have a zero dollar $0 ad budget, and spread the word about their online promotion, word-of-mouth, and social media. Their founder Elon Musk is outspoken and not afraid of controversy. He has millions of followers online and tweet from him can change the Tesla stock price. Tesla owns all distribution, they have no franchises. You cannot go into a dealership for buy your car. You have to shop online and order the car. One huge advantage of this is people do not like buying cars at dealerships. Tesla also has a big referral system for promoting and selling cars. They use huge launch events and promotions to create hype. They are also on a mission to be a clean energy company, not just the EV, but solar and the battery energy. Customers of Tesla have an identity with this brand and their mission of clean energy.  Tesla future plans involve AI and autonomous vehicles AKA the Robo taxi. As well as the Robo van to deliver goods.They also have the Tesla bot a robot that is expected to cost $25 grand, and be a serving around the house. Tesla has done stunts and promotions, even creating a flamethrower that was sold. Tesla is all about the software, open source so even their competitors can look at what they’re doing.         Best of Biotech from AZ Bio & Life Sciences to Jellatech: HERE   Biotech Shows: HERE   AZ Tech Council Shows:  https://brt-show.libsyn.com/size/5/?search=az+tech+council *Includes Best of AZ Tech Council show from 2/12/2023     ‘Best Of’ Topic: https://brt-show.libsyn.com/category/Best+of+BRT      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: http://aztrtshow.com/ ‘Best Of’ AZ TRT Podcast: Click Here Podcast on Google: Click Here Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/azpodcast/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/   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.

    24 min
  3. 11/13/2024

    AZ Tech Council on 2024 Innovation & Governors Celebration w/ Steve Zylstra - AZ TRT S05 EP42 (258) 11-10-2023

    AZ Tech Council on 2024 Innovation & Governors Celebration w/ Steve Zylstra   - AZ TRT S05 EP42 (258) 11-10-2023            What We Learned This Week Arizona Technology Council, in partnership with the Arizona Commerce Authority, honors technology leaders and innovators from across the state with the Governor’s Celebration of Innovation Awards. AZ Tech advocates for the entire tech industry New committee on Space, Satellites & Rockets for launches Major Investment$ in AZ for Semiconductor & Battery factories     Guest: Steve Zylstra, President / CEO AZ Tech Council https://www.aztechcouncil.org/   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.     The Arizona Technology Council, in partnership with the Arizona Commerce Authority, has announced the winners of the 2022 Governor’s Celebration of Innovation awards. Winners of this prestigious annual award program represent the best of the best in Arizona’s technology, science and education ecosystem. This year’s recipients were recognized tonight in a ceremony at the Phoenix Convention Center. “The Governor’s Celebration of Innovation award winners represent the pinnacle of innovation and cutting-edge problem solving throughout the state,” said Steven G. Zylstra, president and CEO of the Council and its foundation, SciTech Institute. “It was a pleasure to celebrate our winners, as well as the many outstanding finalists, at tonight’s awards show. Each year we are so proud to see how far Arizona has come as a leader in technology, science and STEM education.” “Each year, the Governor’s Celebration of Innovation awards showcase Arizona’s vibrant technology community,” said Sandra Watson, president and CEO of the Arizona Commerce Authority. “This year’s winners and finalists certainly carry on that tradition. We are proud to partner with the Council to highlight the entrepreneurs and local leaders making Arizona a magnet for innovative technologies.”     Notes:     Steve Zylstra of the AZ Tech Council joins the show to preview the upcoming Governor’s Celebration of Innovation     Seg 1   AZ Tech Council operates statewide with offices in Phoenix in Tucson. They do public policy advocacy for the technology industry in Arizona. Host events 3x a week, have a newsletter, and numerous programs members.   Council has 14 committees, with the prominent one being public policy.   Link: https://www.aztechcouncil.org/committees/   Tech Impact Report: https://aztc.eimpactv3.com/dashboards/6/techimpact/aztc   Tech industry is booming in Phoenix and Arizona with over $102 billion invested in the semiconductor industry alone. There are four Giga battery factories being built in Arizona.   Company looks selfish if they advocate to politicians in the state direct. Arizona Tech Council acts as a go-between to advocate for the whole technology industry. They also help with legislation through legislative reps. They’ve gotten priorities past like tech credits R&D invest plans and also lower corporate taxes. They review candidates to see who votes and how the candidates info align with technology goals.   Tech Council committees include AI with 95 companies involved. One of the biggest industries in technology and also Arizona is Optics and Photonics. This deals in light, lasers, lenses or managing light through devices like a telescope to a microscope. University of Arizona and Tucson is the No. 1 school for optics.   Some companies involved are Synapse Labs and Mercurio.   Consultants help companies to transform business on how to use AI. Can either use AI current tools like ChatGPT, or create your own large language model. AI can improve all aspects of a business, really upgrade efficiency.   The AZ Tech Council has added an AI bot called Ada named after Ada Lovelace (early computers) to their website. Over time, AI learns and grows. The company that helped the council with the AI bot is called Skilly.AI.     Seg 2   Clean Energy is a big topic and technology in Arizona. With the passing of the inflation reduction act during Covid,  $12 billion has been invested in Arizona, which created 18,000 jobs.   Four Giga factories being built by companies like Kore Power, LG, and American Battery Factory. Deals in Transportation and energy storage for batteries.   You also got major EV car makers in Arizona ike Llucid and Nicola. Estimated over the next 7 years Arizona will have 40% more power needs. Arizona also number one and number two in data centers and growth.   Data Centers use lots of power and cost a lot. You also have a life science industry with organizations like AZ Bio. This is one of the fastest growing sectors. Another one is semiconductors.   Early discussion about mini or modular nuclear facilities for data centers. This could produce renewable power on site. This is long-term planning and might be 10 years away. An example of something being worked on as a nuclear plant loaded on a semi truck.   Governor Celebration of Innovation is a joint awards event between AZ Tech Council and AZ Commerce Authority. Celebrating startups, and small and large companies. Awards to stem students and teacher of the year.   Lifetime achievement award for execs in Boeing, and Phantom Launch (in Tucson) rocket company.   Link to Event: https://www.aztechcouncil.org/event/2024-governors-celebration-of-innovation-awards/   CEO Jim Cantrell of Phantom Launch (formally of SpaceX). rocket expert building a launch system for micro satellites or small satellites. He’s competing with SpaceX, his former boss, Elon Musk, and their Falcon satellite.   Satellite and rocket launch technology is a fast growing industry and technology. Future goals to see man return and colonize the moon, as well as mine meteors for resources.   AZ Companies involved in the space industry are Honeywell, Northrup, Grumman, Raytheon, Paragon Space, Viasat, Blue Origin, and Virgin, all operating in Arizona   Steve’s son works for Space Force, and also Steve worked in the Aerospace industry prior to the tech council. Arizona Tech Council 2024 is forming a committee on the space industry the end of 2024.           Biotech Shows: https://brt-show.libsyn.com/category/Biotech-Life+Sciences-Science     AZ Tech Council Shows:  https://brt-show.libsyn.com/size/5/?search=az+tech+council *Includes Best of AZ Tech Council show from 2/12/2023   Tech Topic: https://brt-show.libsyn.com/category/Tech-Startup-VC-Cybersecurity-Energy-Science  Best of Tech: https://brt-show.libsyn.com/size/5/?search=best+of+tech     ‘Best Of’ Topic: https://brt-show.libsyn.com/category/Best+of+BRT      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: http://aztrtshow.com/ ‘Best Of’ AZ TRT Podcast: Click Here Podcast on Google: Click Here Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/azpodcast/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/     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.

    24 min
  4. 11/11/2024

    Best of Tech Investing - Venture Capital & Angel Investing - AZ TRT S05 EP41 (257) 11-3-2024

    Best of Tech Investing - Venture Capital & Angel Investing  AZ TRT S05 EP41 (257) 11-3-2024    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? Startup Founders need to research VCs Startup Founders need to learn how to Tell Their Story, then work on the Pitch Deck   Seg 1 Clips from: How do Startup Founders Raise Venture Capital? w/ Chris Smurthwaite of VC Insider - AZ TRT S04 EP05 (167) 1-29-2023                      What We Learned This Week EX VC or ‘Recovering’ VC who now works with Startup Founders to help them raise $ money & build their business. Startup Founders need to research VCs to understand what type of fund they have, do some research on the fund, industry & and who they work with What VCs do not appreciate - How to Contact a VC, do not spam, make the email personalized, this is a commitment, build a relationship Startup Founders need to learn how to Tell Their Story, then work on the Pitch Deck with Problem / Solution Model What is the Exit Strategy? Exit by Acquisition, or by IPO (go public)       Guest: Chris Smurthwaite of VC Insider https://www.linkedin.com/in/csmurthwaite/ https://vcinsider.net/ Chris Smurthwaite is an ex-venture capitalist. He consults with & advises Startups on navigating the complex world of Venture Capital. He spent the last decade in corporate strategy, business development and growth operations on both the investor and innovator sides of the table. At age 30, was hired to run a corporate venture capital fund for a $1.4 billion company.   Among other accomplishments, the fund made: A Seed level investment in a health tech company in 2018 which sold for $425M in 2021 An early stage investment in a company that was acquired for $106M — 7x valuation gain over initial investment. Since 2013, I have: Advised ambitious Founders whose companies are valued from $500K to $250M Established multi-million dollar business development partnerships with emerging companies Made early stage, on-and-off balance sheet investments   FULL Show: HERE         Seg 2 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: HERE https://arizonatechinvestors.com/about-us/leadership/ 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: HERE       Best of Biotech from AZ Bio & Life Sciences to Jellatech: HERE   Biotech Shows: HERE   AZ Tech Council Shows:  https://brt-show.libsyn.com/size/5/?search=az+tech+council *Includes Best of AZ Tech Council show from 2/12/2023     ‘Best Of’ Topic: https://brt-show.libsyn.com/category/Best+of+BRT      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: http://aztrtshow.com/ ‘Best Of’ AZ TRT Podcast: Click Here Podcast on Google: Click Here Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/azpodcast/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/   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.

    28 min
  5. 10/30/2024

    Ford Power Promise for EV Cars w/ Becca Anderson - AZ TRT - S05 EP40 (256) 10-13-2024

    Ford Power Promise for EV Cars w/ Becca Anderson   AZ TRT - S05 EP40 (256) 10-13-2024   What We Learned This Week: Ford - Classic Car Company with 100 Years + History EV Car adoption is a growing trend Battery Charging at Home + on the Road Software & Service is part of the Ford Promise on new EVs F150 & Mustang Models are available as EVs   Guest: Becca Anderson Senior Director Ford e Customer Experience LKIN: https://www.linkedin.com/in/becca-anderson-cxdirector/ https://www.ford.com/electric/   In the early days of the personal auto, Americans wanted and needed the convenience, peace of mind and expert service of full-service filling stations. After taking two long all-electric road trips – one through the Western U.S. and the other across Europe – I’m convinced that the new generation of electric vehicle owners and would-be owners are also looking for convenience, peace of mind and expert service. While we’ve been focused on making public charging easier – including giving Ford owners access to Tesla’s Superchargers with an adapter as part of BlueOval Charge Network – we have learned just how important home charging is to overall electric vehicle adoption in the U.S. Nearly 90% of shoppers say they would be more likely to buy an electric vehicle if they knew they could charge at home1. Filling up at home with electricity can be a significant cost save for many owners compared to filling up with gas. Problem is nearly half of them don’t know how home charging works1. Where do you buy the charger? Who installs it? What does it cost?   At the same time, we know many electric vehicle customers want 24/7 support from a real person with expertise if they are going to try new technology. Others want assurance on battery life. Yet our industry seems to want to answer these questions in a time-honored way – cash on the hood. Cheap lease deals on electric vehicles are popping up everywhere. Ford believes it will take more than jumbo rebates to truly break through with the estimated 19 million people in the U.S. interested in electric vehicles. It will take – you guessed it – convenience, peace of mind, and expert service. It will take a modern-day version of the friendly filling station, only this time you “fill ’er up” at home. That’s the idea behind the Ford Power Promise that we are announcing today. Here are the details:      Home is Where the Charge is: It’s simple. Buy or lease a retail Ford Mustang Mach-E, F-150 Lightning or E-Transit and take a complimentary home charger with you or have it delivered, and when you’re ready, an expert comes out to install it at no charge for a standard install. This takes the guesswork out of installation, including costs, to help you save time and money by filling up at home. Less stress, more convenience. If you’re a Ford Pro fleet customer, we have you covered with a commercial charging cash incentive.   On-the-Road Charging: Road trips don't happen every day, but when you are on the road, you need to know where to fill up. Our BlueOval Charge Network automatically searches for chargers across various networks, including Electrify America and Tesla Superchargers and adds charging stops to your route via the Connected Navigation in the vehicle. With Plug and Charge, you plug in when you get there, and the payment is automatically made via your FordPass account. It's that easy.   Battery Confidence: We're confident in the quality of our batteries, and we want you to be confident, too. That's why we provide an eight-year/100,000-mile high-voltage battery warranty for every Ford electric vehicle. Ford has your battery covered.   Ongoing Support and Guidance: We're dedicated to providing you with the support you need whenever you need it, including complimentary roadside assistance if your vehicle's range runs too low. We're also expanding our 24/7 Ford advisor for electric vehicle support, so you'll be talking or texting with real people. We are here when you need us.   Electric vehicles are an excellent choice for many people. They are fun to drive, quiet and smooth on the road. They can help save you time and money on gas. And for the first time in a long time, filling up just got easier. Now, if I can just get one of my kids to squeegee my windshield.       Notes: Ford Power Promise for EVs with 24/7 support and a Battery warranty of 8 years / 100K miles Customers exploring EV car purchase ask about charging, time to charge, battery life, service Qs, and convenience Home Installation of charging station thru Ford Dealer Long range trips are trips of 150+ miles Range can depend on trips, and weather, Ford can give estimates Ford Evs have extended range batteries Tesla Adaptor for charging Ford Evs, can use Tesla charging stations Charging flap for plugin similar to traditional gas valve Ford Dealers train and help customers on using EVs + educational content on Ford University Ford Dealers can service all types of vehicles, including EVs Ford promoting the EV Lifestyle + service for the car and software support with auto updates Customers interest in EVs is growing and new buyers are getting used to the vehicle Range Qs for EVs are being answered with more public charging in major cities and nationwide EVs have a range meter with gives the data for charge status and miles left 0% Charge – Ford has 24/7 roadside support in worst case scenarios         If you enjoyed this show, you may like:  BRT Marketing: HERE BRT Business: HERE    Investing Topic: https://brt-show.libsyn.com/category/Investing-Stocks-Bonds-Retirement     ‘Best Of’ Topic: https://brt-show.libsyn.com/category/Best+of+BRT     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: http://aztrtshow.com/ ‘Best Of’ AZ TRT Podcast: Click Here Podcast on Google: Click Here Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/azpodcast/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/   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.

    26 min
  6. 10/25/2024

    Deep Value Investing Using The Acquirer’s Multiple Revisited w/ Tobias Carlisle - AZ TRT S05 EP 39 (255) 10-6-2024

    Deep Value Investing Using The Acquirer’s Multiple Revisited w/ Tobias Carlisle AZ TRT S05 EP 39 (255) 10-6-2024     What We Learned This Week Acquirers Multiple – Enterprise value of the business, mindset of buying the entire business Deep Value Investing – good companies at wonderful prices, looking for companies that are beat down, but not going out of business, will rebound, mean reversion Activist Investors – like Carl Icahn, act as catalyst to push mgmt to unlock value – stock buybacks, spin offs, etc. Value Trap – buy a cheap company (stock) that just keeps going down, but still looks cheap     Guest: Tobias Carlisle – Founder of Acquirers Fund and author of Acquirers Multiple book & blog Website: https://acquirersmultiple.com/   /  https://acquirersfunds.com/ LinkedIn: https://www.linkedin.com/in/tobycarlisle Twitter: https://twitter.com/acquirersx         Investing is broken down with Toby's philosophy on 'Deep Value', the Acquirers Multiple (purchasing the whole company), and value investing from Graham to Buffett. Tobias Carlisle is the founder of The Acquirer’s Multiple®. He is also the founder of Acquirers Funds®. He is best known as the author of the #1 new release in Amazon’s Business and Finance The Acquirer’s Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014), and other books. He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law.     He runs the Acquirers Fund, a Long / Short Fund (ticker symbol – ZIG). Prior to founding the forerunner to Acquirers Funds in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer. As a lawyer specializing in mergers and acquisitions he has advised on transactions across a variety of industries in the United States, the United Kingdom, China, Australia, Singapore, Bermuda, Papua New Guinea, New Zealand, and Guam. He is a graduate of the University of Queensland in Australia with degrees in Law (2001) and Business (Management) (1999).     Notes:   Deep Value – what drives returns in investing, picking stocks is half the battle Concentrated Investing – interviews with fund managers Acquirers Multiple – summary of previous books, giving the best lessons Built Models to back test investing styles and value investing techniques    Warren Buffet is looking for Wonderful Companies at Fair Prices vs a Good Company at a Wonderful price (Deep Value)   Not a great business, but still a good business, that is being priced like it is going out of business. The market will realize this later, as it rebounds and grows slowly over time.   Contrarian’s contrarian like Carl Icahn   Value Trap – buy a cheap company (stock) that just keeps going down, but still looks cheap Corporate Raider or LBO (Leverage Buyout) Activist Investor or Shareholder Activism – forces management to make changes and unlock that value Solutions - Buy back stock, sell assets, spin off a division   Value Investor has to be patient, can take years for the market is too realize the value   Lots of cash $ on the balance sheet, low debt, and business is generating free cash flow Cash Flow is the life blood of a business, without it the business runs out of options   Buffet was a Liquidator in his early days, buy the company and liquidate the assets to make a profit, but decided to change his strategy because of pushback from company employees   Acquirers Multiple: think like an Acquirer (like Private Equity), buying the whole business or the Enterprise Value - what is the equity value of the business, how much debt, how much cash – forensic analysis of the balance sheet, and determine all assets and all liabilities   Enterprise Value = market cap plus debt plus preferred stock plus minority interest minus cash. Enterprise Value compared to the operating income EBITDA – operating income / cash flow of the business   Magic Formula - Joel Greenblatt investing has 2 formulas to calculate:   Return on invested capital (ROIC) = EBIT / (net working capital + net fixed assets) Earnings yield = EBIT / Enterprise value.   Average Small Business gets valuation that is 1 – 2x cash flow multiple, because it is owner centric Big Business gets better Valuation (could be 6 – 12x cash flow) because it is robust and not dependent on 1 or few people    Tech Company with great secular growth, and a Moat could have a multiple of  20x free cash flow Ie - Google, Microsoft, Apple, Amazon, Facebook, Visa , Mastercard   Mean Reversion – companies or stocks go down over time, because completion comes after the main players in a an industry and chip away   13F – follow 13 F of Super Investors for stock ideas, Toby does not use this method, even though he pays attention. Toby likes: Carl Ichan (Catalyst), Warren Buffet, David Einhorn, Dan Loeb (Third Point), Seth Klarman     Baupost Group – Seth Klarman is a deep value investor, buying into distressed companies    I Press – David Einhorn of Greenlight Capital made an activist push at Apple in 2013 to unlock value by creating share levels   Buffet’s buy of Apple stock in 2016, put in $36 Billion   Buy the stock cheap, even when the value is going down to cash in on the opportunity, when the stock is rising again, it’s too late    Howard Marks – no bad stocks, just bad prices, it’s all about what price you pay     Acquires Multiple Checklist – strength to survive short term problems market size of mid cap or bigger ($2 bill +) plenty of cash on balance sheet & cash flow some acknowledgement of undervalue - paying down debt buying back stock, offloading asset, or sell business companies that buy back stock ROI do well, if issuing more shares = bad, look at share base compensation of managers Big Shareholder is engaged and pushing mgmt         Investing Topic: https://brt-show.libsyn.com/category/Investing-Stocks-Bonds-Retirement     ‘Best Of’ Topic: https://brt-show.libsyn.com/category/Best+of+BRT     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: http://aztrtshow.com/ ‘Best Of’ AZ TRT Podcast: Click Here Podcast on Google: Click Here Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/azpodcast/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/   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.

    34 min
  7. 10/11/2024

    Taxes Are Going Up - How to Grow Your Wealth using the Right Tax Buckets - AZ TRT S05 EP38 (254) 9-29-2024

    Taxes Are Going Up - How to Grow Your Wealth using the Right Tax Buckets   - AZ TRT S05 EP38 (254) 9-29-2024   What We Learned This Week: Tax Buckets, broken into 3 categories of Taxed (income), Tax deferred (401K), Tax Free (Roth) Taxes are going up – How to Move more $ into a Tax Free Position Advisors should ask Clients – Do you want to pay Taxes now when you know the rate, or Pay Taxes Later at Unknown Rate? You are always partners with the Gov’t / IRS Arbitrage is Powerful in Finance – borrow cheap $ at 3%, then earn 6% controlling more Capital Wealthy like Bezos or Musk use Tax Free Loans to get Money on appreciating stock assets       Guest: Denver Nowicz, President - Wealth For Life http://wealthforlife.net/   Denver Nowicz 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’.       Defense – Why defense is so important, and how Insurance strategies can help. 3 to 1 Matching – one of Denver’s favorite strategies thru insurance, more for upper level earners who have a long term horizon Tax Protection – Tax Buckets, broken into 3 categories of taxed (income), tax deferred (401K), tax free (Roth), understanding the differences, and where your funds are currently, and options thru insurance products to move more $ to a tax free position. We also talk about Executives, and what strategies can they use to handle taxes, investments, & retirement. The standard retirement plans (IRA, Roth IRA, 401K), what is a 401K, and the deferred tax setup in the plan (and recs take company match on 401K). We shift to why business owners have more options and benefits and what are they (Acquire assets, stocks, real estate, invest in business). The 3 Tax Buckets – income, tax deferred, tax free, and understanding the 3, and tax protection  – move more $ to the tax free position. When you have Assets – rental real estate, cash flowing business, IUL, you can use them for tax benefits. Create your own Exit Strategy as if you sold the biz you worked for, and get the benefits of 3 to 1 Linder Match. What is the strategy of Elon Musk or Jeff Bezos with Tax Free Loans?       More Info on WFL and Tax Free Matching: HERE   Previous BRT Shows w/ Denver Nowicz: Link to Taxes Show on 10/31/2021 w/ Denver: Here Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here Link to Shows, Denver was a Guest: Here   BRT S02 EP23 (70) 6-6-2021 – Why You Need Both Offense and Defense in Your Financial Strategy https://brt-show.libsyn.com/brt-s02-ep22-70-6-6-2021-why-you-need-both-offense-and-defense-in-your-financial-strategy           Investing Topic: https://brt-show.libsyn.com/category/Investing-Stocks-Bonds-Retirement     ‘Best Of’ Topic: https://brt-show.libsyn.com/category/Best+of+BRT     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: http://aztrtshow.com/ ‘Best Of’ AZ TRT Podcast: Click Here Podcast on Google: Click Here Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/azpodcast/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/   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.

    25 min
  8. 09/28/2024

    Rockin’ the Kremlin - Russian Music Industry w/ David Junk - AZ TRT S05 EP37 (253) 9-22-2024

    Rockin’ the Kremlin - Russian Music Industry w/ David Junk - AZ TRT S05 EP37 (253) 9-22-2024   Things We Learned This Week Roger Waters performed The Wall – Live in Berlin after the Fall David Junk went to the concert, & was inspired and moved to Russia, got into Diamond business, then Music Industry with Universal Music David had to establish a legal record market, and had to fight corruption with the Local Mob Record Companies and Artists wanted to grow their fan-base in both Eastern Europe & Russia post the Fall of the Soviet Union Western Music had a huge impact on Russian music, culturally & maturing the industry, which created local Rock Bands & Rap Artists     Guest: David Junk Music Business in Russia https://www.linkedin.com/in/david-junk   About David Junk is a seasoned music industry veteran with a career spanning thirty years. After the fall of the Soviet Union, David Junk embarked on an extraordinary adventure by becoming one of the first American record executives to work in the Ukrainian music industry. Early Days and Introduction to Ukraine: In 1999 as a record executive for Universal Music, the world's largest record company, David started an initiative to open the first branch of Universal in Ukraine. At the time, no other Western record label had ventured into Ukraine, allowing Russia to control the Ukrainian music market. David played a pivotal role in the early development of the Ukrainian music industry. This opened the door for more Western labels to engage in business in Ukraine. Championing the Ukrainian Music Industry: As Vice President of Universal Music, David had a significant responsibility in overseeing Eastern Europe, with a specific focus on Ukraine. He was instrumental in defending the rights of Ukrainian songwriters and combating music piracy controlled by criminal groups. Under his leadership, Universal Music soared to become Ukraine's most successful international label. This achievement was largely attributed to the Ukrainian youth's love for Hip Hop and rap music from Universal's premier labels, Interscope and Def Jam Records. The world-renowned Black Eyed Peas and rapper 50 Cent graced the Ukrainian music scene, thanks to David's efforts. In 2005, Universal Music extended its support to the Ukrainian Eurovision entry, Green Jolly, when Kyiv hosted the televised event for the very first time. Contributions to the Reggaeton Genre: In 2006, David took on the role of General Manager at Universal's Machete Records in Los Angeles, where he played a crucial part in transforming it into the #1 Reggaeton label in America. His work involved collaborating with renowned artists such as Don Omar and Wisin Y Yandel, further expanding his experiences in the music industry. Gibson Guitars: In 2013, David began a new career chapter, joining Nashville-based Gibson Guitars and managing a guitar showroom from the iconic Hit Factory recording studios in New York City. In this role, David presented honorary guitars to music legends Tom Petty, Elvis Costello, Nile Rodgers, Steve Miller, and the band Cheap Trick for their inductions into the Songwriters Hall of Fame and the Rock and Roll Hall of Fame. He also provided guitar support for Blondie, Rush, The Roots, and Andrew Lloyd Webber's "School of Rock" Broadway Cast in the Macy's Thanksgiving Day Parade.     Seg 1   David Junk bio, fell into the music business by accident. Most people get into the music business through connections or ex musicians. David worked for universal music, and got into the music business when he was already working in Russia. He was living and working in Moscow and hired by universal music, then called PolyGram for a finance position for the record company.   Record label was big, carried the catalogs of Bob Marley deaf jam artist Bon Jovi and was the first musical label in Russia. David went on to become the first CEO of universal music in Russia.   David is from Ohio, and grew up during the Cold War with fear of Russia. His influenced by Roger Waters of Pink Floyd and his claim that he would not perform the album the wall unless the actual Berlin wall in Germany came down. In 1989 The Berlin wall did come down. Waters staged a concert performing the wall with celebrity ax joining in, called the Potsdam concert.   David went to Europe and attended that concert. He was influenced by the moment and returned to America to study business and the Russian language. He got an NBA in California.   In 1993 he got a job in Moscow working for a diamond mining company, mining raw diamonds. Russia has large supply of diamonds and Siberia. Unfortunately, the company David was working for turned out to be a huge scam with the Russian bosses stealing $200 million and diamonds. David was arrested and thrown in a Russian jail.   Thankfully, the actual criminals were caught and David was let go. The next job we got in Russia was for the music industry.     Seg 2   How the music business and record labels work. Record labels make money by marketing. Their big artist as well as music writes with song catalogues. Company David worked for carried many of the big rap artists like Jay Z and Eminem, as well as big bands, like U2 and the cranberries and also catalogs of Johnny Cash.   Labels are located in both the US and other countries. I band releases a new album and the record label locate in each country would promote and sell. Record labels want to sign artist to promote internationally to make more sales and exposure to the music.   The 1990s both Russia and Eastern Europe were considered one zone and many businesses were trying to expand.throughout. David visited many countries in Eastern Europe as well as former Russian Republic, like Ukraine.   At the time there was no infrastructure to sell records. There were no legal record stores and the Russian mafia controlled 90% of the music industry. There was mass piracy with music and CD. David’s job working for universal music was to create a legal music industry.   Three step process to get the mafia out of the business Legislation - using the Russian Dumba work to create legislation to generate tax revenue off record sales. Country like Sweden was a model with massive revenue from the band ABBA. This failed and corruption issues continued. Police Action - Moscow police raids of piracy locations and confiscate CDs of universal music and other record labels. This partially worked, had some corruption issues. But ultimately it failed to as the pirate factories just moved from the city to military bases. Now they are under protection of the Russian military. U.S. Ambassador - went to the Bush administration to try to block Russia from the WTO world, trade organization. Russia wanted to expand its economy, enjoying the WTO. They leveraged this to push for legal action on music and other industries in Russia. Force the Russian government to protect artist and lessen the corruption.       Seg 3   In the late 1980s and 1990s artist were eager to get their music distributed in Russia. They obviously wanted to work with a record company. Do it legal have promotion that was supportive and understanding of their rights. They also understood that the royalties would be less.   There was big business though in touring. David’s bosses in both Angeles and London cannot understand how powerful mafia was and how deep the corruption was.   When bands were touring in Russia mafia would interfere by selling false concert tickets. At the time in the late 1980s and early early 1990s lots of bands were touring in both Russia and Eastern Europe.   There were issues. An example of this was David Copperfield Magician tour. At one point, he did not pay the bribes and could not get his equipment out of Russia. He had to actually cancel parts of his European tour.   Band sell more records by touring in Russia. 1990s peace festival or Bon Jovi Metallica AC/DC all tour in Russia. Mariah Carey also toured in Russia. Kiss refused in the mid 1990s to Eastern Europe because of the war Yugoslavia.   MTV opened in Russia 1999 and this continue to expand music exposure of the west in Russia. Red Hot chili pop performed in the red square.   Western music had a huge cultural impact in Russia. David and universal signed the Russian band tattoo. This became the biggest selling Russian band in history.   Improved in Russia now that they’ve been introduced to competition from the west. Better music, better, music, videos, and better songwriting. Music is always had a connection to freedom with artist having the freedom of expression.   Hip-hop and rap was introduced to Russia and wound up becoming the most popular music in Russia today. Very much an anti-authority and freedom type music. Russia, creative popular hip-hop band called del. Many acts like Eminem, Snoop Dogg, 2Pac, 50 Cent, Jay Z, Dr. Dre, anime all became big hits in Russia.   David left Russia in 2005 and moved on to work for Gibson guitars which ultimately led to his return in 2013. Often on he lived and worked in Russia for 15 years.         If you enjoyed this show, you may like:  BRT Marketing: HERE BRT Business: HERE    Investing Topic: https://brt-show.libsyn.com/category/Investing-Stocks-Bonds-Retirement     ‘Best Of’ Topic: https://brt-show.libsyn.com/category/Best+of+BRT     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,

    34 min

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    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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