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    Sumay Parikh

    Sumay Parikh

    Venture Capital/General Management /Strategic Planning/Fund Raising /Ops/Strategic Partnerships

    Building/Scaling Companies

    Venture Capital New York City Johnson & Wales Unive...
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    Experience
    Marqii
    Marqii
    Board Member 2018 - Present (almost 8 years)
    Ride Kleen (Acquired by COX Automotive)
    Ride Kleen (Acquired by COX Automotive)
    Board Member
    N Spire Hospitality
    N Spire Hospitality
    Founder, Founding Partner 2013 - 2015 (almost 2 years)
    - Boot Strapped Real Estate Investment Fund deploying capital into the construction of Marriott and Hilton Properties
    - Worked closely with city and personal architects/engineers... more to build blue prints of the properties
    - Raised $10m of international funds through EB-5 Program, to bridge outside investments into existing construction.
    - Raised $10m of domestics funds to roll over new construction through out the Austin and San Antonio area
    PK Hospitality
    PK Hospitality
    Director of Operations 2013 - 2015 (almost 2 years)
    - Worked with GMs of each property to set yearly direction of hotels, and effectively execute on strategy
    - Increased customer service scores from 40% to 80% in a 2 year... more time frame
    - Increased rev in underperforming properties 20% Year over Year
    - Successfully completed 70% of portfolio renovations
    - Assisted in establishing a new culture and vision to boost employee morale
    - Restructured corporation with legal team and decreased overall expenses by 10-15% Year over Year
    Founder
    N Spire Hospitality
    Employee
    PK Hospitality
    Investor
     
    Incubator
     
    Advisor
     
    Attorney
     
    Board Member
    Ride Kleen (Acquired by COX Automotive), Marqii
    Mentor
     
    Member
     
    Acquired
     
     
    Projects
    The Unsexy Startup (Podcast)
    Podcast focused on Resiliency
    Podcast Host / Co Founder, Zencaster, Hubspot, Crunchbase · Interviewed over 20 Founders who have collectively raised $500m + in Venture… · More Capital

    Sourced Founders, Hired Production Team, Produced Episodes
     
    Education
     
    Q&A
    What's the most useful business-related book you've ever read?

    Managing a Small to Mid Sized Company (Stanford Textbook) , The hard thing about hard things, Business Model Generation, these are just a few, the list goes on....

    What's your favorite non-business book?

    Ego is the enemy by Ryan Holiday

    If money were not an issue, what would you be doing right now?

    Venture Investing, Running Companies, Helping Founders, Helping Younger Business Professionals Graduating College.

    What words of advice would you give your younger self?

    Patience Patience Patience Patience.....

    What's the most creative thing you've ever done?

    I've created a podcast interviewing top founders about resilience, and the journeys of building a company at the seed stage :)

    Which founders or startups do you most admire?

    Gainsight
    Marc Benioff
    Greenhouse.io
    Box
    GoMoment (Powered by Ivy)
    Quake Capital Partners
    Sequoia Capital
    Just to name a few.....

    What's the best way for people to get in touch with you?

    Email ([email protected] / [email protected])

    What words of wisdom do you live by?

    Happiness is a byproduct of Usefulness

    What's something you wish you had done years earlier?

    Started meditating and exercising at a younger age...

    What's an obstacle you've overcome?

    Obesity, Depression, Pivoting my career path

    What's your super power?

    Kindness

    SEE MORE
     
    About
    Achievements

    Bootstrapped a real estate investment fund - $20m deployed, developed blue prints for Marriott and Hyatt products. Co Founded a seed startup, scaled operations and revenue leading to another round of $1.5m in funding. Fifth hire at Quake Capital, Deployed over $30m in capital, while scaling over 100 pre seed investments (managing over 15 teams at a time). On track to raising our 3rd fund. Crunchbase and Forbes has labeled us Top 4 Seed Investors Globally. Launched a successful podcast around startup resilience, 80% of the Founders I interviewed have raised another round or have successfully exited. Attended to various board roles as an observer and director, with a successful exit for 1 company.

    Describe the most impressive thing you've done.
    Skills
    Business Development Business Operations Customer Relationship Management English language Microsoft Excel Planning Product Development Product Management QA Salesforce Strategic Planning Venture Capital Wordpress General Management
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