John E Derrick

Roles available for:
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Fractional
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Consulting
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Contract
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Interim
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Maryville, Tennessee, United States
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http://www.jederrick.com
Achievements


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Expertise
Business model planning and execution. Semiconductor and compute technologies - processors, storage, security, networking, etc.. Storage and cloud-based data systems - content aware storage, application and data lifecycle management Venture, PE, and M&A strategies. -
Services
Strategic planning, Product / Marketing definition and fine-tuning, positioning for fund-raising and strategic events. Market and business development through introductions and channels.
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Employees overseen
250 employees
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Budget overseen
$ 50,000,000
Roles available for:
-
Fractional
-
Consulting
-
Contract
-
Interim
-
Maryville, Tennessee, United States
-
http://www.jederrick.com
Achievements

Why hire me in a fractional role
Experience
Fractional role
- COO
- This is a Fractional role CEO
- This is a Fractional role CEO
- This is a Fractional role CEO
- This is a Fractional role Interim CEO / Independent board member / Advisor
Strengths in this role: Ability to understand and communicate the value proposition of our product offering as it relates to the targeted customers, communicate that to those customers, and close business.
Industry Group: High Tech
Industry: Semiconductors
Years of experience: 15 years
Industry Group: High Tech
Industry: Computer Software
Years of experience: 10 years
Industry Group: High Tech
Industry: Information Technology and Services
Years of experience: 5 years
Company name: MIPS Technologies
Company size: 250 employees
Role in this company: Grew global revenues & drove them from negative cash flow to GAAP profit within 12 months. I restructured the company and repositioned our products setting new high water marks for revenue and leading the company from negative cash flow to GAAP profit. The company was global and I led Product, Marketing, and I proactively assisted Sales and Legal in closing business.
Strengths in this role: Ability to define and communicate the value of a new and unique data processing model yielding order of magnitude benefits to the market. Ability to coach our team through the Intel due diligence process and close the sale of the company within a few months of negotiation and due diligence.
Industry Group: High Tech
Industry: Information Technology and Services
Years of experience: 15 years
Company name: Conformative Systems
Company size: 80 employees
Role in this company: Started, scaled, and sold a server technology company to Intel Corporation providing gains for investors. Drove marketing, sales, and product direction while leading the company, raising capital, and eventually negotiating the sale of the company to Intel Corporation. Targeted customers were primarily financial institutions and insurance companies with substantial data center compute requirements.
Strengths in this role: Deeply technical company licensing and selling semiconductor and software IP into some of the world's largest semiconductor and smartphone manufacturers. Key strength was (1) understanding the value of the product, (2) able to explain unique value proposition for the OEM customer, and (3) create a strong analyst and press following.
Industry Group: High Tech
Industry: Semiconductors
Years of experience: 15 years
Company name: Chicory Systems
Company size: 35 employees
Role in this company: Created a 10X annualized ROI for investors. Founder and leader of the company driving product, marketing, finance, and sales leadership. Created the vision for the company, raised capital, scaled, and negotiated the sale of the company. The company provided software and semiconductor IP for smartphones
Strengths in this role: Able to identify key value proposition and drive that to market to generate / close sales. We secured sales on all continents except for Antartica.
Industry Group: High Tech
Industry: Computer Software
Years of experience: 10 years
Company name: Jelastic
Company size: 50 employees
Role in this company: Recruited as 2nd CEO. Grew revenue at 350% CAGR, secured investor term sheet(s), and led through difficult geopolitical period. The company was based in Ukraine during the 2013-2014 period.
Strengths in this role: Market, Product, and Team. Ability to understand market need, determine how to address that need with technology or service offering, and led teams through that process. This involves a measurable step-by-step strategic plan that ALL team members can engage and thrive.
Industry Group: High Tech
Industry: Information Technology and Services
Years of experience: 25 years
Company name: Intel capital portfolio company, StorSpeed, Ubicom, many others..
Company size: 50 employees
Role in this company: Interim CEO driving a redefinition of a storage appliance company into an enterprise software company (acquired by NetApp). Independent board member for an Intel capital investment & automotive company where I drove patent / technology strategy and scale. Advisor to CEO and Board for Ubicom on GTM and product technology (team acquired by Qualcomm). Many, many more..
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Board membership
Company: Saankhya Labs, Ltd
Position: board member
From: 02/01/2011
To: 01/31/2015
Company: Skywriter Systems, Inc
Position: board member
From: 04/23/2018
To: 04/01/2023
Company: Chicory Systems, Inc
Position: CEO & Board Member
From: 08/24/1999
To: 05/25/2001
Company: Conformative Systems, Inc.
Position: CEO & board member
From: 05/01/2003
To: 10/15/2005
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Degrees & accreditations
BSEE, Negotiation certificate (University of Chicago seminar), various others..
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Success story
Bitfusion.io. I was an early advisor to the company and helped them define their planned product offering, investor materials, introduced them to multiple investors (one of which invested). They were acquired by VMWare last month. AetherBio.com. I was an early advisor and invested in their seed round. Company's valuation far exceeded seed stage "cap". The company raised a highly valued series A round late last year.