RICHARD MALOY

My mission is to transform the world through innovation and entrepreneurship. I believe that starting a company to create value, or joining a startup to further its value is the most important thing in the professional world. Whether you’re working on a Salesforce plugin, a micro-loan app for 3rd world countries, or making a really cool toy: you’re building, you’re creating, you’re bringing something to life. Your work supports your local economy, helps your customers, and solves a problem. You can’t ask for a better mission in life than that. When I read of tragedy and strife in the world, whether corporate graft, government injustice, rising inequality, I see opportunity for people to use technology to shine a light into dark places. For every chart I see about the fall of the middle class in America, I see another dozen about the rise of startups and entrepreneurship. I believe that startups are going to save America from a downward spiral. I believe startups are going to rescue the middle class. I believe startups are going to empower people—regular people like you and me—to once again directly influence government. And I believe that through innovation, startups are going to transform the world, giving the opportunity for all people to grow, learn, and earn. I’m uniquely positioned to offer resources, mentorship, and connections to early stage startups on a personal and professional level. I consider myself very lucky to be in this position. Not only because I can align my personal mission with my professional directive, but because I can do so on a global scale. How can I be of service to you?

IBM SmartCamp: Why your startup should always be pitching

Product, team, customers and funding, the essential elements of a startup. But one more essential piece is missing: the Pitch. The Pitch is arguably the most important non-business piece of your startup. From your elevator pitch, to your public pitch, to your investor pitch, the more successful you are, the more integral these will become to...  Continue reading IBM SmartCamp: Why your startup should always be pitching

A grandmother’s advice for startups: you never know until you ask

Today my grandmother turns 95. She's in amazing shape for someone who's nearly a century old. She drives herself around, does her own grocery shopping, and still goes to the beauty parlor every other week to get her hair set. Growing up less than a mile from her and my granddad, we spent a lot of...  Continue reading A grandmother’s advice for startups: you never know until you ask

To raise capital you need a startup roadshow

In the world of big finance, before a company IPOs, the CEO along with an investment banker(s) go on a global roadshow to pitch their businesses to potential investors, including: hedge funds, major investment funds, and other portfolio managers. The purpose is simple: drum up sales of the forthcoming stock issue. In the startup world,...  Continue reading To raise capital you need a startup roadshow

Mentorship in action: LAUNCH Festival with director of community development, Rich Maloy

We're on our final day of LAUNCH Festival and I'm sure there were a lot of exciting things happening on the stages, but for me and the IBM Global Entrepreneur team, the real action was in the mentor office hours we ran all day long. Mentorship is at the heart of the startup community....  Continue reading Mentorship in action: LAUNCH Festival with director of community development, Rich Maloy

Why your startup team should always be pitching

Product. Team. Customers. Funding. The essential elements of a startup. But one more essential piece is missing: Pitch. The Pitch is arguably the most important non-business piece of your startup. From your elevator pitch, to your public pitch, to your investor pitch, the more successful you are, the more integral these will become to your business...  Continue reading Why your startup team should always be pitching