Randy Rayess

Cofounder VenturePact

  • Greater New York City Area NY

Cofounder at VenturePact, Tech Entrepreneur, Angel Investor

Contact

Social

Biography

I have worked in venture capital, private equity, machine learning and payments.

A consistent problem my cofounder, Pratham Mittal, and I found in the tech companies we worked at or invested in was in software. Outsourcing software, managing remote and distributed engineering teams and hiring the best software developers full time or as freelancers is difficult. We started VenturePact.com to help businesses better address their tech needs.

Over the last few years we have met software consulting firms around the world (both onshore and offshore) and assessed their portfolio, their programmers, and their previous clients' experiences. Based on their skill set, industry focus and pricing schemes, we connect companies with these trusted prescreened software development firms.

I enjoy meeting and working with passionate people, playing sports and traveling.

Common misspellings: Randy Rayes, Randi Rayess, Randy Reyes

Industry Expertise

Internet
Outsourcing/Offshoring
Information Technology and Services
IT Services/Consulting

Areas of Expertise

Entrepreneurship
Valuation
Remote Work
Software Development
Software Developer Hiring
Outsourcing
Product Development

Accomplishments

Top 20 startups by Philadelphia Magazine

2013-06-01

Ranked top 20 startups of Philadelphia in 2013 by Philadelphia Magazine

Wharton Deans Award for Innovation

2012-11-01

Award given by Wharton to recognize innovators and changemakers

Marcum Innovator of the Year

2014-07-15

The Marcum Innovator of the Year Awards program recognizes businesses that are pioneering new advancements in the fields of Technology, Biotech/Healthcare, Manufacturing and Business Services.

Education

Wharton School, University of Pennsylvania

Bachelor of Science in Economics

Finance and Statistics

University of Pennsylvania

Master of Science in Engineering (M.S.E)

Systems Engineering

Affiliations

  • New York Enterprise Tech Meetup
  • Wharton VIP
  • Beta Gamma Sigma
  • UPenn Alumni
  • Founders Card
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Languages

  • English

Media Appearances

How to network & build relationships

Weiss Tech House  online

2014-10-15

During the talk, Randy discusses the importance of networking and leading with generosity.

He goes into detail about networking events and the best way to think about and act during networking events. He touches on following up. He then closes the talk by explaining the importance of peer and mentor networks and provides some suggestions as to how to build a peer network and a mentor network.

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SiriusXM Business Radio Interview

SiriusXM  radio

2015-03-17

VenturePact Cofounder Randy Rayess appears on the SiriusXM radio show. During the interview they discuss VenturePact's mission, the future of technology and computer science education.

The SiriusXM Business radio show is in collaboration with Knowledge at Wharton. This originally appeared on siriusxm.com and you can find the rest of the interview on siriusxm.com.

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Technology and Entrepreneurship Talk

University of Pennsylvania  online

2014-10-30

Randy discusses the importance of persistence in startups, career decisions, the future of technology, the future of work and http://VenturePact.com.

He provides some unique insights into being an entrepreneur, screening and managing remote teams, outsourced software development and some new technologies including - Internet of Things, 3D Printing, Machine Learning, Decentralized Computing including bitcoin, Drones, Robotics and Artificial Intelligence etc. Randy argues that developers and programmers will work remotely in the future.

Please find a link here to the article he mentions about career decisions - http://www.forbes.com/sites/theyec/20...

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Event Appearances

Outsourcing and Product Development

Wharton and Drexel Founders Club  Wharton huntsman hall

2015-03-18

Tech Marketplaces - The end to the traditional intermediary

Catalyst Creative Downtown Project  Las Vegas Downtown Project

2015-02-28

Starting Technology Companies

Business and entrepreneurship at University of Michigan Ann Arbor  University of Michigan Ann Arbor

2015-04-11

Sample Talks

Entrepreneurial Thinking and Market Entry

How to ask questions and challenge the status quo

Most of the time we get stuck in day to day operations and never have time to challenge what we do. Entrepreneurial thinking is about curiosity and asking the right questions.

Once you get an idea the next key aspect is execution and devising a market entry strategy.

Project Management and Governance

How to manage software projects. Which project management tools and accountability management tools need to be used.

What are the best practices when it comes to using project management tools and allocating tasks between and within teams.

Remote Work - how to build software remotely

We see many people working remotely today and this trend will only grow in the future.

The challenge though is how to work remotely. The main two parts is how to hire and manage remote talent.

This talk addresses some of the best practices when it comes to managing and hiring remote teams.

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Style

Availability

  • Keynote
  • Panelist
  • Workshop Leader
  • Host/MC
  • Author Appearance
  • Corporate Training

Fees

$0 to $25000*Will consider certain engagements for no fee