A Side by Side Comparison of the Two Industries discussing their similarities and differences. How well do high tech experiences transfer to the cannabis industry? How do the obstacles differ? How are they similar?
Rich spent much of his career in high tech and online ventures. The last few years he’s been involved in the cannabis industry. Although all new business startups share significant similarities, he’ll contrast the unique challenges, the future trends, and the possible opportunities.
Rich Rygg started his career at tech giants IBM and Hewlett-Packard gaining big company and big iron experience. Eventually he ended up in the online industry in 1990 well before the Internet was released. He lived through both the rise and deaths of online companies like CompuServe, Prodigy, and AOL, as well as the birth and growth of the Internet and the many companies that have come and gone.
He opened the first AOL office in California, but shortly after joined the early top #3 Internet site GeoCities where they raised multiple rounds of VC funding, went public with a successful IPO, and then were acquired by Yahoo! He moved to Palo Alto, and launched a number of Yahoo! properties. Since then he’s been involved in many startups, ranging from online sites to telephony technology, to hemp oil, to soccer, to licensed dispensaries. He recently returned from a strategic consulting project in China related to its One Belt, One Road initiative.
Always curious, he loves the startup process and opportunities in the early stages of any industry. On Saturday mornings you’ll likely find him watching English Premiere League soccer at Lucky Baldwin’s in Pasadena, YNWA.