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David LoVerme

Lifelong Learner, Product Leader, Citizen of the World

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davidloverme

What a Techie can learn from Warren Buffett

Warren Buffett is famous for saying that he does not invest in Tech companies because he doesn’t understand them and cannot predict what they will do in ten years.  He may be a whiz with stocks and insurance companies, but can a Techie like myself really learn a lot of value from him?  Recently, I had the opportunity to attend the Warren Buffett Experience with a group of MBAs from BC and five other schools.  I met the Oracle himself and we had a 2 hour Q&A (with a tasty chicken parm thereafter).  It turns out the answer to my question is a resounding YES!  Buffett spoke very little about investing in particular and more about general business and life lessons as applicable to Tech as they are to Textiles (the business from which his Berkshire-Hathaway holding company gets its name).  I have pages upon pages of notes but will do my best to summarize some of the highlights here.

BC MBA group with Warren Buffett
BC MBA group with Warren Buffett

The Biggest Mistake You Can Make Is Not Using Your Skills And Talents To Their Full Potential

Buffett spent a lot of time highlighting the fact that we had all won the ovarian lottery just by virtue of having the minds, opportunities, families, etc. that allowed us to be in that room.  In light of this, he told us he never really worries about mistakes–that it would be a mistake to complain about anything when you’ve already won on 80:1 odds at birth.  He highlighted a failure to use your skills and talents to their full potential as one of the few real mistakes you can make.  In today’s tech world especially, there are almost limitless free resources out there to make any idea a reality.  Likewise, we have developed a culture that encourages trying, failing, and learning, over the safer routes.  With opportunities like this, the biggest mistake we can make is not following our passions and starting a company, joining a startup, or otherwise following our passion.  Buffett suggested taking the job you would choose if money were not a concern–for many of us, that means the startup world.

Continue reading “What a Techie can learn from Warren Buffett”

Catching Up with BC MBA and Entrepreneur Ryan Traeger

davidloverme's avatarBC Grad Tech

Last week I had the chance to catch up with Double Eagle Ryan Traeger, CEO and co-founder of ACHVR.  Ryan received a BA from BC in 2003 and an MBA from the Carroll School in 2012.  I have always believed that BC is a great place to start a business, yet our MBA program is not always viewed as such from the outside.  One of the goals of the Grad Tech Club is to change that perception and create opportunities for plenty of future businesses to come out of the walls of Fulton Hall.

Even before his MBA, Ryan was no stranger to entrepreneurship, running a small web design firm out of college before taking on some marketing agency firm jobs.  While he loved marketing, Ryan started to feel the entrepreneurial itch again and decided to go back to BC for an MBA.  He hoped in the time to either…

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TechStars Boston: the Right Place, the Right Time

davidloverme's avatarBC Grad Tech

Last Friday, members of the Grad Tech Club joined forces with our undergrad counterparts to visit TechStars Boston in their headquarters downtown.  The visit was a great experience where we learned a lot about one of the most prestigious accelerators out there.  Like most accelerators, TechStars provides space, resources, and mentorship for the 1% of applicants it accepts as well as some upfront capital and the promise of more in a convertible note should the company get funded later on.  More than just great companies, however, Techstars is committed to producing great ecosystems.  One way they do this, which I found to be particularly interesting, is by bringing on not only startups but also coders and young business professionals as Hackstars and Associates.  These people serve as floaters so to speak, and resources available to the different Techstars companies.  This gives an on demand labor force for the companies and…

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Today, Tomorrow, and the Future: Navigating the Tech Landscape

davidloverme's avatarBC Grad Tech

We all know Tech Startups have many differences from traditional businesses but identifying them and how to navigate these differences to build a successful career can be challenging.  That is why we were so fortunate to have industry veteran and NDT VP of Recruiting Larry Kahn visit the Heights last Tuesday!  With more than 20 years experience recruiting for high tech, he brings a great perspective on how to break in and make it in the industry.  I have done my best to summarize some of his key insights here.

A huge thank you to Larry for taking the time to share his knowledge and experience with us!

On Interviewing

  • Companies are increasingly hiring on consensus, with more than just one “decider” you need to pay extra attention to how you come across during your entire time in the office and to anyone with whom you interact.  This can be…

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BC GradTech: A Week in the Life

davidloverme's avatarBC Grad Tech

They come less often these days, but I still occasionally receive emails to the tune of “I’m not a coder, can I still join the BC Grad Tech Club?”  I respond explaining that we are devoted to preparing our members for jobs in the Tech industry but that these include all disciplines including business development, finance, HR, marketing, and more.  While professional clubs such as the Finance Club, the Consulting Club, and the Marketing Club seem to be pretty intuitive, our own is less apparent.  While this ambiguity has allowed us to pursue a wide and meaningful agenda of activities, it has perhaps made it difficult to understand what it means to be a member.  As a result, I thought I would share what one recent week looked like for me.

Monday, Feb 16

It’s President’s day and a BC holiday.  While there won’t be any classes today the Tech…

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Grad Tech Summer: David LoVerme

davidloverme's avatarBC Grad Tech

E-Mail: david.loverme@bc.edu
LinkedIn: www.linkedin.com/in/davidloverme
Twitter: @davidloverme

-Where did I work? What does the company do?
I spent the summer at Continuum Managed Services working on the development and launch of an IT Channel specific file sync and share product called Sync247.  Continuum provides white label IT software and support that allows Managed Service Providers and IT Consultants to provide easily scalable and unparalleled value and support to small and medium businesses.

-What was my role?
As the Product Manager MBA Intern, I worked closely with the Product Manager to help facilitate our Alpha, Beta, and Limited Availability programs.  My duties ran the gamut of Product Management and Marketing writing requirements documents, performing competitive research, drafting a pricing and packaging guide, and most importantly communicating with Beta partners to collect, analyze, and operationalize feedback to provide meaningful value.

-How did I find the internship?
I met the product manager…

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Catching Up with the Product Team: Wireframes, Requirements, and MVPs…Oh My!

davidloverme's avatarBC Grad Tech

When last we saw the Product Team, we were in the midst of testing various concepts to determine the right product direction.  Since that time, we have made a lot of progress and we are excited to report that we are on track for an April release!

Choosing a Concept

After testing a few different concepts and determining market viability, we were left with three that we felt were worth pursuing.  At this point, we weighed the various choices against the criteria of indication of interest, ease of implementation, requirements for outside help, time to impact, and cost.  This helped us to determine which of the concepts made the most sense to pursue.  The one that won out was a crowd-sourced and curated resource about sharing economy opportunities.  The win was driven primarily by the fact that it would need little development effort as it could be done with WordPress…

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BC Visits BU for TechConnect 2015!

davidloverme's avatarBC Grad Tech

techconnect-website

Big props to our friends at BU for putting on an awesome TechConnect Conference this year!  The theme was Digital Crossroads: Products and Ideas and featured an awesome array of speakers that really complemented each other and meshed with the conference theme.  It is a ton of work to pull something like this off so my hat is off to Jaymie and her team for a job well done!  A single post is not enough to do justice to the amazing amount I learned, but I’ll do my best to share a couple thoughts from each speaker I saw.

Bruce McCarthy-Effective Product Roadmapping

I have seen Bruce speak several times now at various Boston Product Management Association events and I am always struck by his enthusiasm and desire to help others.  It’s always a pleasure and I always learn something new.  In this case, Bruce emphasized the importance of your…

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Two Hours at Highland Capital

davidloverme's avatarBC Grad Tech

Anyway you slice it, getting a meeting with a leading VC is tough, and getting to spend an hour plus is almost impossible. Yet as members of the BC Grad Tech Club and the overall BC Community, we have had the great fortune of having it become almost commonplace.  Only a few weeks ago, we were able to spend an hour with Spark Capital’s Bijan Sabet, and a number of our student entrepreneurs recently discussed business ideas 1:1 with Highland General Partner and BC Alum Peter Bell.

Last Friday was no exception as a group of us were fortunate enough to spend almost two hours in Highland’s Cambridge office on the top floor of One Broadway.  BC Alumni Dan Nova and Chris Protasewich hosted us, answered our questions, and dropped some serious knowledge.  While my notebook contains several pages of scrawled notes, I’ll do my best to distill it…

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