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Forming companies within a company: VIC Tech’s Calvin Goforth

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Manage episode 356844214 series 2907646
Content provided by Carol Schultz. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Carol Schultz or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Calvin Goforth founded VIC Tech in order to help commercialize new technologies invented by university researchers.

VIC Tech began as a consulting firm for tech startups. After noticing that many professors with new technologies didn’t want to quit their roles to develop them, Calvin decided to shift.

The company screens new technologies brought to them from various universities and analyzes the risks in moving forward and commercializing them. Few companies have made it to the funding stage where the startup is founded and functioning.

In this episode, Carol and Calvin delve into his first startup and the journey to eventually selling it. Calvin walks us through how his current business model works and why professors are willing to give up equity.

Calvin also talks about the talent pipeline and startup pipeline he’s formed alongside VIC Tech.

Learn more about Calvin Goforth and VIC Tech.

You can find more information on all our episodes at Vertical Elevation, and you can find Carol on LinkedIn, Twitter, and Instagram.

  continue reading

137 episodes

Artwork
iconShare
 
Manage episode 356844214 series 2907646
Content provided by Carol Schultz. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Carol Schultz or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Calvin Goforth founded VIC Tech in order to help commercialize new technologies invented by university researchers.

VIC Tech began as a consulting firm for tech startups. After noticing that many professors with new technologies didn’t want to quit their roles to develop them, Calvin decided to shift.

The company screens new technologies brought to them from various universities and analyzes the risks in moving forward and commercializing them. Few companies have made it to the funding stage where the startup is founded and functioning.

In this episode, Carol and Calvin delve into his first startup and the journey to eventually selling it. Calvin walks us through how his current business model works and why professors are willing to give up equity.

Calvin also talks about the talent pipeline and startup pipeline he’s formed alongside VIC Tech.

Learn more about Calvin Goforth and VIC Tech.

You can find more information on all our episodes at Vertical Elevation, and you can find Carol on LinkedIn, Twitter, and Instagram.

  continue reading

137 episodes

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