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Announces President Elect and 2016 initiatives
by Shobana Muratee
HOUSTON – TiE Houston held its Charter Member meeting at the elegant McCormick & Schmick’s Seafood & Steaks in the UpTown Park Blvd. on Friday, January 23, 2016 which had 71 attendees. Aruna Viswanathan, President since Jan 2013 presented an overview of TiE Houston activities and accomplishments in 2015.
In 2015, TiE Houston held over 25 events with 225 Entrepreneurs or team members participating. Nine companies had assisted in the annual investment forum and raised $5M, she reported. As TiE most significant achievement of the year 2015, Viswanathan said, it was the successful launch of Energy Special Interest Group across CA, Colorado.
Earlier Shri Iyer, Past President welcomed the members and guests and shared his thoughts on Viswanathan who he said had taken TiE to the next level. He also made a brief introduction of John Reale ‘JR’ the President Elect who would take charge in May 2016. Iyer livened the mood a bit by jesting on how JR resembled a noted villainous character of the Indian cinema by the name ‘Shetty.’
Viswanathan will be handing over charge to an equally competent Incoming President. John Reale who moved from New York City to Texas. He holds BS, Degree in Finance from Babson College. He is the Founder of Arête Ventures, an investment and advisory platform that helps launch and grow early stage technology companies. He is also the Co-founder of Station Houston, a co-working platform and venture fund to support the startup ecosystem in Houston Mentor at Surge, Owl Spark & Red Labs, active with Rice Alliance. A Former Operating Partner for Fraser McCombs Capital, a venture fund based out of Red McCombs family office and worked with four different startups in various roles. He served in the Financial services at Morgan Stanley & JP Morgan, Founding Member of Avalon Advisors, a wealth management company in Houston.
Four Charter Members Kemal Farid, Blake Burnette, Ram Shenoy and Philippe Flichy shared their experiences with TiE locally as well as in Silicon Valley regional conference TiECon and global retreat Dublin, Ireland. Each had very commendable and promising words for TiE’s leadership and goals.
TiE will continue to focus on its goals that are:
To grow number of entrepreneurs reached from 225 to 350
To grow membership by 40%
Women in tech focused mentorship
TiE RBPC Angels – group investment in Rice Business Plan Competition teams
Part of the presentation also focused on Why TiE Matter? Because it set high goals, for its diversity into Technology, Sales, Business, apart from their other strengths like being connected with Rice University Business Plan and resourceful investors.
Viswanathan recognized Executive Director, Sehar Javed for her contribution and dedication to the organization. Arun Pasrija, board member made the Closing remarks.
About The Indus Entrepreneurs (TiE) Global:
TiE is a global network of successful entrepreneurs with presence in 61 cities in 18 countries that focuses on startup success through mentoring, education, networking, incubation, and funding.