SmartEYE (StartUp)
Board Member
Randall Foster
Versatile entrepreneurial executive who can motivate a team and clearly communicate technical and financial information. Founded & sold two global companies.
Versatile entrepreneurial executive who can motivate a team and clearly communicate technical and financial information. Founded & sold two global companies.
There was a problem loading your content.
Experience
Sports Challenge Network
President and CEO
• Managed balance sheet cleanup of $650,000 and repaired key industry relationships.
• Negotiated and signed strategic marketing agreement with US Bowling Congress to access... more 640,000 members
• Signed celebrity endorsement agreement with Jason Belmonte, world’s #1 bowler.
• Launched multi-pronged marketing strategy including email, social media, brand ambassadors, adding 3000+ new accounts in <6 months.
• Raised product and channel profitability from 18% to 35% gross margins
• Negotiated and signed strategic marketing agreement with US Bowling Congress to access... more 640,000 members
• Signed celebrity endorsement agreement with Jason Belmonte, world’s #1 bowler.
• Launched multi-pronged marketing strategy including email, social media, brand ambassadors, adding 3000+ new accounts in <6 months.
• Raised product and channel profitability from 18% to 35% gross margins
Neurotic Media
Board Member
General Partner
Seraph Group, is a technology-focused 13-year-old, nationwide, early-stage, technology venture capital firm that has deployed ~$50M into 80+ investments through 7 raised angel... more funds and coinvestments. As General Partner I am increasing investment deal flow, guiding portfolio company growth, raising additional capital.
FOCUS Investment Bank
Managing Director
Placement Agent for Venture Lending and Venture Debt funds. Sell-side and buy-side advisor to emerging growth technology companies
Exit
Vumii Imaging
Founder, Co-Founder, CEO
Vumii is a long-range night-vision camera and software company, whose products sell globally through security integration companies and were deployed at seaports, airports,... more critical infrastructure, public utilities, military bases, government sites, and borders
Raised more than $10 million in private equity capital
Designed and implemented Salesforce.com
Formed strategic relationship with defense security William Cohen, who chaired advisory board
Negotiated the sale of Vumii to Opgal
Raised more than $10 million in private equity capital
Designed and implemented Salesforce.com
Formed strategic relationship with defense security William Cohen, who chaired advisory board
Negotiated the sale of Vumii to Opgal
Exit
BenchMark Consulting International
Founder, Founder, CEO, President
Conceived and founded Benchmark as a global process measurement and change management consulting firm specializing in operational efficiency and technology optimization for... more consumer and commercial lending financial services operations in North America, Europe and Asia.
Sold software and services to 70 of the top 100 US banks, all 8 Tier 1 Canadian banks, and 4 US captive auto finance entities
Launched a European division in 1999
Negotiated the successful sale of Benchmark to Alltel
Sold software and services to 70 of the top 100 US banks, all 8 Tier 1 Canadian banks, and 4 US captive auto finance entities
Launched a European division in 1999
Negotiated the successful sale of Benchmark to Alltel
Self-Employed Consultant
Board Member
Founder
Employee
Board Member
Education
About
Achievements
Founded, built, and sold data analytics and process improvement consulting company to Alltel Information Services for $15M.
Founded, built, and sold long-range night-vision surveillance hardware and software company to Israeli strategic acquirer for $10M.
Sold six and seven figure engagements to 70 of the top 100 US banks, all 6 Tier-1 Canadian banks, and 14 US auto finance firms, generating over $25M in cumulative fees.
Sourced and sold initial $1M in sophisticated technology to US Dept. of Energy and US Dept. of Defense.
Raised $12M+ in early-stage equity by conducting more than 200 investor presentations and by implementing a rigorous follow-up process.
Advised and negotiated the $29M sale of a digital media company, achieving 9x return
Skills
Locations
Q&A
What's the most useful business-related book you've ever read?
The Art of Profitability by Adrian Slywotzsky
What's your favorite non-business book?
Sharp's Rifles