David I. Epstein
High Tech Start-up, Venture Capital, Executive Management
All aspects of business: Board of Directors, Executive, Engineering, Operations, Marketing, and Finance
- Venture Capital Investing, Partnership
- Funding, Strategic, Corporate and Technical Analysis and Direction
- Financing and Building of a Team, Company or Division
- Business Development, Contract Negotiation and Relationship Building
- Executive Level Communication, Internal and External Presentations, Team Communication
- Teaching, Workshops, Lecturer in Entrepreneurship, Finance and Venture Capital
- Angel Investor, advisor and mentor
MBA, High Honors; Finance Concentration; Boston University 1984
MSEE, University of Wisconsin, Madison 1978
- Masters Thesis: Controlling Multiple Process State Machines with a PLA”, Prof. C.R. Kime
- Held continuous computer programming and technical jobs throughout college and summers.
BSEE, University of Wisconsin, Madison 1976
Associations : IEEE, ACM, Eta Kappa Nu, Beta Gamma Sigma
Publications. Patents, Miscellaneous:
Book: Advice Work If You Can Get It: How to sell and manage a professional consulting engagement
- 2015 Kindle Edition by David Epstein and A.C. Ross
University of Wisconsin Department of Computer and Electrical Engineering
- Distinguished Alumni Lecture and one of 125 People of Impact for its 125th anniversary, 2016
- Member of Visiting Advisory Board, 2015 – current
- Started an Ethics in Engineering initiative, focused on raising awareness on the ethical and social consequences of modern technological trends and how engineers can responsibly affect it; with my wife, Sarah Epstein, Dean John Booske, and the UW Foundation. 2016 - current
Authored several articles and served on the Microprocessor Report (In-Stat) Editorial Review Board. 1998-2011
Named on 13 issued Patents in computer and system architecture design.
Named in the Pulitzer Prize winning book, The Soul of a New Machine
, 1981 by Tracy Kidder
Epstein Advisors: Jun-08 – current
- Advisor and frequent investor for client companies to develop and refine strategies, build companies, prepare the team for initial or follow-on rounds of private funding, attract, retain and coach executive management, sit on boards of directors and advisors, and ongoing advisory services post funding. Consistently busy helping two to five companies at a time.
- Recent Investments: Orbital Technologies, Swap.com, MyDream Interactive, Crowd Optic, Watty, Left Lane Network, Pakal Technologies and Neurametrix
- Recent operational role: US Operations Director, Orbital Technologies – a Swedish company maing recirculating showers that save 90% of the water generally used. Set up the US company, opened an office, ushered the shower through regulatory certifications and seeded the market.
Sol Voltaics, Lund, Sweden: Jun-12 – Nov-13
- Recruited to Sweden to transition a nanotech solar photovoltaic startup from a research company to a development company in the style of Silicon Valley startups. Created operating plans, recruited key employees, focused the company on product development, raised >$15M in 2013. Outstanding team, founders and resources at Lund Universtiy, the company is poised to exploit the use of III-V nanowire materials in several potential fields of use.
Instructor, Adjunct Faculty, Guest Lecturer, Coach, Advisor
- University of San Francisco: 2003-current
- Hult International Business School: 2011 – 2012
- University of California, Berkeley, Lester Center for Entrepreneurship and Innovation
and UC Berkeley Extension: 2006 - present
- Silicon Valley Academy of Start-up Entrepreneurs (SVASE): 2011 – 2012
- Teach Entrepreneurship, finance, basic economics, and small business formations to graduate and undergraduate business students as a sole instructor, co-teacher and guest lecturer. Guest lecturer at Peking University in 2005. Ran workshop for the New Zealand Foundation for Research Science and Technology in 2008. Various lectures for USF Silicon Valley Immersion program. Have been active in advisory capacity and judging for the USF and Berkeley Business Plan Competitions. Previously, Member of the Entrepreneurship Advisory Board for the Masagung Graduate School of Management. Several radio interviews on Public Radio, Clear Channel and KMTV.
Crosslink Capital: Sep-01 – Dec-08
General Partner, Venture Partner
- General Partner (senior partner) in private investments for technology companies. Focused on solar, clean tech, semiconductors, systems, hardware and software. Lead or back up partner on 17 deals at the seed, early and mid stage investing approximately $150M over 7 years. Notable exits were BlueArc personally, and Pandora Media for the funds. Partnership also invests in Internet, software and business services at all stages of funding, including public entities. Very active board member, CEO coach, strategic advisor and occasional temporary operational role.
Self Employed: Mar-99 – Sep-01
- Independent Management Consultant, Private Investor, Advisor for start-up companies, Venture capital work. Focused on Internet, Wireless, Semiconductors, Microprocessors, and Electronic and Computer Systems arenas. Interim CEO for Adaptive RF, a Mayfield Funds and Tallwood Venture Capital portfolio company, strategic consulting technologist with Transmeta Corporation.
XStream Logic: Mar-00 – Sep-00
President and CEO
- Turnaround CEO to refocus the company from architectural and research operation into a development organization dedicated to the delivery of a network processor. Set up a new organization, hired an executive team, raised money, formed partnerships, cast a new marketing and sales strategy, began to set a new public image, doubled the headcount and produced schedules and plans for the announcement of the company and the products.
Raycer Graphics: Sept-96 – Mar-99
Founder, President and CEO
- Startup Company funded by Sevin Rosen Funds, Paul Allen’s Vulcan Ventures, others. Product was a full custom, workstation class3D Graphics subsystems for professional users. Raised $23M and hired 100+ hardware and software engineering, marketing, operations and administrative talent to start one of the most respected technical teams in the valley.
- Founded with the CTO, took a technical invention and created a marketing and business plan, funded it, built the team, created and executed schedules, and developed partners, suppliers, and customers to set the company on its way to be the most ambitious and hottest high tech companies of its time.
- Served as advisor to the board after leaving until Apple purchased the company in November, 1999.
Independent Consultant: Sep-95 to Aug-96
- Management and technical consulting for several companies including IBM, NexGen/AMD, Micro Design Resources and Sevin Rosen Funds. Wrote articles for Microprocessor Report and served on the Editorial Review Board. Spent time with Sevin Rosen portfolio companies; conducted analysis of business plans.
- Various assignments for engineering methodology review and tutorials, business and partnership contract analysis and strategic direction discussions. Technical contributions include multimedia chips and architectures, DSP and display technology review.
NexGen, Inc.: Nov-90 to Sep-95
Vice President of Engineering with operations responsibilities
- Semiconductor startup company, went public in May-95, acquired by AMD in 1996. Built and marketed Intel x86 competitive products. Current AMD products were created from this effort.
- Rebuilt entire engineering organization and delivered all NexGen products: Nx586, VL and PCI chipsets and motherboards. The Nx586 is a full custom, x86, superscaler microprocessor with an advanced architecture, built on IBM 5 layer C4 CMOS process. Engineering responsibilities included new and advanced follow on generation processors and systems including packaging technologies, chipsets, and motherboards with higher levels of integration. At the time, the NexGen had one of the finest microprocessor teams along with outstanding technology, as is evidenced by the AMD purchase of the company for more than $800M.
- Corporate executive contributions included strategic corporate direction, executive and managerial staffing, raising corporate funds through public and private financing, manufacturing and marketing directions, contract negotiations and budget development. Responsible for presentations to customers, suppliers, investors, Board of Directors, and strategic partners. Basically ran the company with the CEO, and later adding a VP of Marketing. Created, staffed and managed operations through introduction and ramp of product, including work flow, inventory management, WIP tracking and order fulfillment.
Kendall Square Research: Jul-87 to Jun-90
Vice President, Engineering
- Semiconductor and MPP Super Computer Startup Company which went public in 1992-3.
- Unique product included “All Cache” memory architecture and innovative custom chips, boards, packaging techniques, power supply and network design.
- Transitioned engineering organization from 12 person research team to full development stage of 36 engineers spanning logic, circuits, CAD, I/O, mechanical, manufacturing and power disciplines.
- Responsibilities included budget, organization, personnel, vendor relations, schedule, and product development. Worked closely with the President and the CEO on company strategies and directions.
- Direct engineering contributions to multi-chip processor, and definition/design of MP memory interconnect.
Data General Corporation: Jan-78 to Jun-87
Section Leader/ Acting Department Manager – Small Systems Development
- Planned, organized, staffed and directed development of a single chip custom CMOS microprocessor. Staff included design teams in Massachusetts, California and Tokyo and required extensive cooperation with Japanese foundry partner. Successful chip was used in several products.
- Prior positions included Project Manager and Principal Design Engineer for the Central Processor Development Department. Full project responsibilities from concept to manufacturing release of a single board computer system including a multiple chip semi-custom processor. Commercialized products included the MV2000, DS7700 and DS7500 Computer systems. Pioneered the use of gate arrays for Data General in a 2 board CPU as part of the MV4000 minicomputer. Direct design responsibility for half the product, as well as managing the lab bring-up. Designed micro-sequencer board for first 32 bit DG minicomputers, the MV8000 and MV6000. Helped out with other design tasks, bring up and product delivery. Tracy Kidder chronicled this “Eagle” project in the Pulitzer Prize winning book, The Soul of a New Machine. Conceived, developed and deployed a set of software tools, which became popular with the engineers for equation minimization, primarily used for programmable devices.