Announcement from CoMotion Labs:
Startup Fundamentals: Raising Capital from the Entrepreneurs Perspective with Sailesh Chutani
Friday, May 19, 2017 from 12:00-1:00pm in Fluke Hall, 3rd floor Idea Lab.
Our Fundamentals for Startups series aims to provide our CoMotion Labs Community and UW School of Law Entrepreneurial Law Clinic (ELC) Community with access to leading experts that can close the gap in startup knowledge. These startup sessions will give startups, teams, students and community a chance to learn practical knowledge, as well as provide hands-on training, and networking opportunities with professionals in various branches of business.
Sailesh Chutani is the CEO and a co-founder of Mobisante, Inc., a mHealth company building cell phone based affordable and easy to use Ultrasound systems. These award-winning systems have the potential to democratize ultrasound imaging. Prior to Mobisante he managed $100m worth of exploratory research and development in Microsoft Research in emerging technologies to identify and seed new businesses. The results included the formation of multiple new product and business units within Microsoft such as robotics, technology for emerging markets, education products, and many others, including a startup spin-off, Zumobi. He also led the turnaround of WebTV acquisition into a profitable business launching multiple new product and services, with 62% gross margin and revenues that peaked at $220m.
Sailesh pioneered Microsoft’s engagement in personalized medicine, bioinformatics, and systems biology. He was an early visionary who championed cellphone technologies in healthcare, especially to meet the needs of the under-served segments of society. The research that he initiated starting in 2005 is now bearing fruit and migrating out of research labs into commercial products and attracting extensive interest from foundations and investors. He has co-authored a book “Technology at the Margins” that will be published by Wiley and available in December, that takes a global view of the impact of mobile technologies on health care, education, micro-finance, and resource management. Sailesh’s passion lies in commercializing advanced technologies to serve critical market needs. He was a key player in creating and building a successful startup, Transarc Corp., which was spun off from a research project at Carnegie Mellon University and sold to IBM. Two of the technologies developed at Transarc became billion-dollar businesses for IBM and Microsoft. He has had business and technical leadership roles in companies such as Hewlett-Packard, Oracle, and Microsoft. He has also managed multiple P&Ls and executed successful turnarounds. He has advised several Silicon Valley startups on their business and product strategy, and governmental and non-governmental agencies on their innovation and intellectual property strategy. He has served on the advisory boards of the American Society for Engineering Education and the University of Michigan.
Light refreshments will be served at this presentation. To RSVP to attend this session, please email mluna@uw.edu . Can’t make the presentation but want the lecture slides or recording? Email mluna@uw.edu.