Charles H. Silver has been building companies and creating liquidity events for shareholders for over 25 years. In the late 1990s, as cofounder of RealAge, Inc., he built the company from scratch, conceived its business plan, raised over $15 million in capital, negotiated key strategic relationships and, most importantly, positioned the company for profitability, which enabled it to survive the dot-com bust. In 2007, RealAge was sold very successfully to the Hearst Corporation.
Prior to RealAge, Charles founded and built the Oil Dispatch franchise in Michigan. It grew to be the largest independent quick-oil-change operator in the state and was successfully sold to Jiffy Lube. After graduating from the University of Michigan, and prior to his entrepreneurial career, Charles served for two years as a member of staff for a United States Congressman.
COO – Rich Benci
Rich Benci has more than 20 years of executive level experience in sales, marketing, and operations in the technology and digital media industries. Rich has been part of five start-ups–with four reaching successful exits: AVCOM (acquired by Rand Worldwide); PersonaLogic (by AOL); MyPoints (via IPO); and RealAge (by Hearst Magazines).
Prior to working with Algebraix Data, Rich was the Executive VP for Sharecare, responsible for creating interactive programs and managing relationships with partners, agencies, and clients. Rich was formerly the president of RealAge, Inc., and he led the RealAge team from the dot-com bust in 2000 through seven consecutive years of profitability and growth. Rich was responsible for the company’s operations including the following: technology, product development, member services, marketing, and sales. Rich has also held senior positions in IBM’s Lotus Development and Hitachi’s AIS group.
Consulting CFO – Steven Kemper, CPA, MBA, MS
Steven Kemper has over thirty years of experience in the financial management of rapidly growing high tech companies. Steven’s expertise includes three successful IPOs, secondary offerings, and private equity and debt offerings totaling over $600 million. He has assisted in over $1 Billion of mergers and acquisitions, successfully completed several restructuring/turn-around situations, and sold two venture backed companies to public entities.
Steven’s substantial transaction experience gives him access to top investment bankers, analysts, and investors worldwide as well as in-depth knowledge of the features that make an entity attractive to public and private investors. His qualifications include a Bachelor’s degree, from the University of California, San Diego; a Masters of Business Administration with an emphasis in finance, from Loyola Marymount University; a Master of Science in accountancy, from San Diego State University; and CPA certification. Steven is currently President of Pacific Financial Consulting and an Adjunct Professor, Finance, at the University of San Diego.
Dr. William A. Rogers (“Bill”) is an expert in software design, hardware design, software quality process, and automated testing. He co-invented Adaptive Automated Testing and co-founded AberroTest. The genesis of AberroTest came from Bill’s previous experience as VP of Research and Development for X.HLP, Inc., a small multinational software company. At X.HLP, Bill found that improving the software quality process is one of the most intractable problem areas in software development.
Prior to entering the business world, Bill was an assistant professor in electrical and computer engineering at the University of Texas at Austin, where he taught hardware and software design. His research specialty is automated test generation and fault simulation algorithms for integrated circuits. Bill’s accomplishments include three Semiconductor Research Corporation awards for excellence, over 30 scholarly publications, graduation of five Ph.D. students, numerous master’s degree students, and two patents. Bill is also a registered professional engineer in the state of Texas and has served on the boards and advisory boards of several Texas software companies.