Episode 75: A Unlocking Skills for Tech Equity: How David Banks Leveraged 3 IPOs
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Host: Christopher Nelson
Guest: Davids Banks
In this episode of Tech Equity and Money Talk, host Christopher welcomes David Banks, a seasoned sales executive with over 40 years of experience in technology companies like Interwoven, VMware, and Splunk.
David had a 40 year career in software sales that saw him through three IPOs, Interwoven, VMware, and Splunk.
David built valuable skills in Tech Sales that allowed him to work in sales and sales management roles in companies like VMware and Splunk.
After Splunk David continued building his financial company, Addison Financial LLC which is the vehicle for managing their real estate investments and hard money lending portfolio.
Connect with David Banks
https://www.addisonfin.com/
https://www.linkedin.com/in/davidlbanks/
Episode Timeline:
[00:01:33] Equity compensation and personal wealth.
[00:05:06] Rapid IPO and equity experience.
[00:08:36] Financial market volatility and decisions.
[00:15:39] History rhymes in investing.
[00:18:31] Trading skills for equity opportunities.
[00:21:09] Virtualization technology opportunities.
[00:27:01] Stock options and company success.
[00:30:16] Risk of concentrated stock investment.
[00:34:11] Startup decision-making mistakes.
[00:37:16] Evaluating Pre-IPO Companies.
[00:41:16] Sales leadership evaluation criteria.
[00:48:01] Retirement and investment transitions.
[00:49:36] Managing yourself as an asset.
[00:53:19] Differentiating skills in AI.