About
As Founder and CEO of The BuildClub, Stephen Forte spearheads a tech revolution in the…
Articles by Stephen
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Have your Startup present to Tim Draper, Unicorn CEOs, Salesforce Execs and YPOers...
Have your Startup present to Tim Draper, Unicorn CEOs, Salesforce Execs and YPOers...
By Stephen Forte
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Get Your Startup Funded on February 12th in Santa Monica, CA
Get Your Startup Funded on February 12th in Santa Monica, CA
By Stephen Forte
Activity
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At this year’s ICSC Las Vegas, I had the pleasure of speaking with several key members of the CRE media. Here is a highlight with Shopping Center…
At this year’s ICSC Las Vegas, I had the pleasure of speaking with several key members of the CRE media. Here is a highlight with Shopping Center…
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Be sure to catch our Big Data webinar next Wednesday! Register today!
Be sure to catch our Big Data webinar next Wednesday! Register today!
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Experience
Education
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Ongoing executive education
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While earning his MBA, Mr. Forte has also worked in the investment banking field, developing several software programs for calculating capital budgeting and sovereign risk analysis for capital budgeting and financing programs in emerging markets at the Overseas Private Investment Corporation. His work ultimately led to the funding of more than $500 million worth of foreign investment projects and foreign loan guaranties.
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Activities and Societies: U.S. Marine Corps NROTC, Varsity Crew
Licenses & Certifications
Volunteer Experience
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Donor
Various charities Globally
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Speaker and Mentor
The LEAP Foundation, Inc.
Education
Proud to be part of this amazing organization dedicated to helping young people worldwide achieve great success through a unique curriculum. LEAP makes a commitment to instill each student or young adult with real-life keys to success such as goal-setting, mentorship, self-motivation, professionalism and advanced communication.
Publications
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8 Headwinds Facing The Global Economy For 2016 And Beyond
www.stephenforte.com
Many of these headwinds are structural and form some longer-term trends than previously observed in the economic cycle. They will gain more attention as deflationary pressures continue globally.
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Bill Gates says that a breakthrough in machine learning will be worth 10 Microsofts
www.stephenforte.com
The Terminator is likely the best-known example of artificial intelligence, but the reality can be even scarier than an automated warrior.
Peter Domingo’s book, The Master Algorithm: How The Quest For The Ultimate Learning Machine Will Remake Our World, may shed some light on this new disruptive innovation that will significantly impact our lives in the coming years. This most profound and impactful innovation, is likely the least talked about in everyday life.
What is machine…The Terminator is likely the best-known example of artificial intelligence, but the reality can be even scarier than an automated warrior.
Peter Domingo’s book, The Master Algorithm: How The Quest For The Ultimate Learning Machine Will Remake Our World, may shed some light on this new disruptive innovation that will significantly impact our lives in the coming years. This most profound and impactful innovation, is likely the least talked about in everyday life.
What is machine learning? As Domingos describes it “I can distill a lifetime of learning into a book, and you can read it in a few hours. But learning algorithms should be able to learn in minutes or seconds. He who learns fastest wins… Machine learning is the latest chapter in the arms race of life on Earth, and swifter hardware is only half the equation. The other half is smarter software… Machine learning is sometimes confused with artificial intelligence (AI). Technically, machine learning is a subfield of AI, but it’s grown so large and successful that it now eclipses it’s proud parent. The goal of AI is to teach computers to do what humans currently do better, and learning is arguably the most important of those things: without it, no computer can keep up with a human for long: with it, the rest follows.” -
Digital Disruption is Continuing to Accelerate .. As the Hunters Become the Hunted
www.stephenforte.com
Walmart is increasingly vulnerable as Amazon continues to accelerate … But, is Amazon becoming vulnerable as jet.com disrupts the market further?
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The next few weeks may be a good time to re-engage your Chinese partners and restart stalled projects, or re-enter the China equity markets.
www.stephenforte.com
No doubt, China has been a scary place to invest, partner and operate a business recently. But all indications are that the Chinese market may be in for a longer sustained growth period ongoing … but you will need courage to survive the air pockets as the economy transitions from the industrial to the retail sector.
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The “equal-weight” S&P 500 has dropped to near 3-year lows versus the cap-weighted version… Sign of a pending stock market correction?
www.stephenforte.com
The recent stock market rally in the US has been led by a relatively small number of stocks that have the highest markets caps. Thus, the regular cap weighted S&P 500 index is back near (within 3%) of its all time high, but the non-cap weighted index (all companies in the index treated equally regardless of size) is at a 2 year low.
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Could the Walmart profit warning signal the early signs of impending recession?
www.stephenforte.com
There’s an increasing risk of a recession driven by a decrease in corporate profits. Walmart is typically a good bellwether as it sells everything and accounts for 10% of US retail outside of gasoline and restaurants.
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How does the new 2-speed Chinese economy affect your business and investing?
www.stephenforte.com
For the first time, the services sector has contributed 50% of GDP. Consumer consumption has reached 58.4% of total GDP growth for the first 3 quarters driven by retail sales that grew 10.9% year-over-year in September. Yet, the old industrial side of China has decreased 10.9% during the same period, lead by the deceleration of the real estate development sector consuming less steel and other building materials. Fixed asset investment also reached its slowest growth rate in 15 years.
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Digital Disruption .. Sometimes you can’t see the tsunami when you are in the middle of the waves.
www.stephenforte.com
Digital Disruption .. Sometimes you can’t see the tsunami when you are in the middle of the waves.
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17-55% of your online marketing budget is getting stolen, and you don’t even know it.
www.stephenforte.com
In 2016 it is expected that online advertising will for the first time exceed television. Online advertising is expected to grow 18% this year to $170b accounting for 30% of the global advertising budget. But billions are being syphoned by bot-nets and kickbacks/rebates.
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Paying Your Dues
Entrepreneur Magazine
On the road to building his telecom technology company, Ascendent Telecommunications, founder and president Stephen Forte thought that finding funding was going to be the easy part.
Patents
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Method and apparatus for selectively establishing communication with one of plural devices associated with a single telephone number
Issued US 2007/0127,680
A system for (and a method of) selectively establishing communication with one of plural devices associated with a single telephone number is provided. In a preferred embodiment, the system includes a wireless connect unit connected between an enterprise private branch exchange (PBX) network and a public switched telephone network. The wireless connect unit preferably serves as a gateway between the PBX and one or more remote communication devices. The remote devices can be used as standard PBX…
A system for (and a method of) selectively establishing communication with one of plural devices associated with a single telephone number is provided. In a preferred embodiment, the system includes a wireless connect unit connected between an enterprise private branch exchange (PBX) network and a public switched telephone network. The wireless connect unit preferably serves as a gateway between the PBX and one or more remote communication devices. The remote devices can be used as standard PBX office telephones for both inbound and outbound telephone calls. Thus, features of the PBX network (e.g., voice mail, direct extension dialing, corporate calling plan, etc.) are available to the remote device even though they are not physically connected to the PBX. When the system receives an incoming call, it can route the call to an office telephone and one or more of the remote devices simultaneously or as desired by the user.
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METHOD AND APPARATUS FOR SELECTIVELY ESTABLISHING COMMUNICATION WITH ONE OF PLURAL DEVICES ASSOCIATED WITH A SINGLE TELEPHONE NUMBER
Issued US 2008/0032,716
A system for (and a method of) selectively establishing communication with one of plural devices associated with a single telephone number is provided. In a preferred embodiment, the system includes a wireless connect unit connected between an enterprise private branch exchange (PBX) network and a public switched telephone network. The wireless connect unit preferably serves as a gateway between the PBX and one or more remote communication devices. The remote devices can be used as standard PBX…
A system for (and a method of) selectively establishing communication with one of plural devices associated with a single telephone number is provided. In a preferred embodiment, the system includes a wireless connect unit connected between an enterprise private branch exchange (PBX) network and a public switched telephone network. The wireless connect unit preferably serves as a gateway between the PBX and one or more remote communication devices. The remote devices can be used as standard PBX office telephones for both inbound and outbound telephone calls. Thus, features of the PBX network (e.g., voice mail, direct extension dialing, corporate calling plan, etc.) are available to the remote device even though they are not physically connected to the PBX. When the system receives an incoming call, it can route the call to an office telephone and one or more of the remote devices simultaneously or as desired by the user.
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Wearable Device And Method For Monitoring Biological Parameters And Further Monitoring Physiological Parameters
Filed US 62/313,541
Confidential
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Method and Process for an Extreme Noise Cancellation Microphone System
Filed US 62/311,391
Confidential
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INTERNET FACSIMILE SYSTEM
Filed US WO2000079780 A1
A facsimile system integrated with both standard facsimile functions and Internet facsimile functions includes a server apparatus (22) for receiving an incoming call from a PSTN through a DID trunk (30) or the Internet via LAN (20) and router (26), and which detects an address signal and corresponding message. The server apparatus (22) stores the message, receives a request for the message, retrieves the message, and provides at least a portion of the message to a specific recipient (12a, 12b…
A facsimile system integrated with both standard facsimile functions and Internet facsimile functions includes a server apparatus (22) for receiving an incoming call from a PSTN through a DID trunk (30) or the Internet via LAN (20) and router (26), and which detects an address signal and corresponding message. The server apparatus (22) stores the message, receives a request for the message, retrieves the message, and provides at least a portion of the message to a specific recipient (12a, 12b, 14a, 14b, or 34). A connected standard facsimile machine (12a or 12b) can send Internet facsimiles, adding additional information with the keypad of the facsimile machine to track billing or transaction information. A connected personal computer (14a, 14b, or 34) can send Internet and standard facsimiles by sending an e-mail with or without an attachment, receive incoming facsimile traffic, or remotely retrieve a received facsimile from a remote computer (34) with a web browser.
Courses
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Advanced Business Studies
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Artificial Intelligence
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Cognitive Robotics
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Computer Language Engineering
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Development of Inventions and Creative Ideas
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Inventions and Patents
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Machine Learning
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Projects
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Hosted global video on How Blockchain Is Reshaping Industry and the Global Economy
Hosted a global video presentation to 500 CEOs on how How Blockchain Is Reshaping Industry and the Global Economy.
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Tech Speaker at YPO Personal Investment Talks in 3 cities
Presented a detailed overview to CEOs on the technologies shaping the world today, including Artificial Intelligence, Blockchain, Edge computing, Mobile and autonomous driving. Highlighted the public companies with some of the most interesting technologies and innovations in the space.
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Silk Road Wholesale Trade Center Kazakhstan
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Honors & Awards
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Keynote Speaker
World Retail Congress
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Keynote Speaker
Prime Source Foum
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Vendor Leadership Award
Adidas
Leadership in collaboration with adidas and tier 1 contractors to drive excellence in stitching performance
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Young Global Leader
World Economic Forum
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Commencement Keynote Speaker
The George Washington University School of Business
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CEO of Fastest Growing Company
Los Angeles Business Journal
CEO of one of Los Angeles Business Journal's top 5 fastest growing businesses ranked in 2000.
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Speaker - Singularity University Geneva
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Test Scores
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NA
Score: NA
Languages
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English
Native or bilingual proficiency
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Chinese
Elementary proficiency
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Russian
Elementary proficiency
Organizations
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Chief Executives Organization
Member
- PresentChief Executives Organization (CEO) is the exclusive organization for distinguished leaders of YPO. Membership is by invitation-only and limited to 2,000 worldwide. CEO’s vision is to create life enriching experiences that provoke new wisdom, inspire cross generational friendships and nurture a passion for life.
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USC Marshall Partners Hong Kong
Chairman
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WiderPool Venture Capital
Advisory Board Member
- PresentWPVC provides the bridge between early-state technology companies looking to scale and global corporations looking for disruptive innovation solutions. The WPVC process leverages a curating process that selects and mentors a network of early-stage companies to secure creation of actionable, innovative products & services for corporates. Early-stage technology firms working with WPVC win access to a venture capital program that helps develop technology businesses to meet the needs of global…
WPVC provides the bridge between early-state technology companies looking to scale and global corporations looking for disruptive innovation solutions. The WPVC process leverages a curating process that selects and mentors a network of early-stage companies to secure creation of actionable, innovative products & services for corporates. Early-stage technology firms working with WPVC win access to a venture capital program that helps develop technology businesses to meet the needs of global corporations. WPVC offers scaling, networking, experts, consulting services and venture capital funding to technology business worldwide.
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Young Presidents Organization
Regional Chairman - Technology Network, Founder - Apparel Network, Chapter Chair, Learning Officer
- PresentSanta Monica Bay Chapter Pan Asia Chapter
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Exciting news! As a hobby, since 2017 I've shared my unique public equities investing approach worldwide, yielding a 32.4% annual return – far…
Exciting news! As a hobby, since 2017 I've shared my unique public equities investing approach worldwide, yielding a 32.4% annual return – far…
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One of the best things about being a member of YPO is that you are connected to so many amazing leaders anywhere in the world… there is a sense of…
One of the best things about being a member of YPO is that you are connected to so many amazing leaders anywhere in the world… there is a sense of…
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So proud of my good friend, Kelly Chmielewski - the new Head of Global Marketing and Communications at YPO! 😀
So proud of my good friend, Kelly Chmielewski - the new Head of Global Marketing and Communications at YPO! 😀
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I’m proud to announce that 2023 has been a record year for NewMark Merrill Companies, Inc.! We have acquired six new shopping centers representing…
I’m proud to announce that 2023 has been a record year for NewMark Merrill Companies, Inc.! We have acquired six new shopping centers representing…
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Such an honor to receive this Medal of Honor from the Chief Executive of Hong Kong for my contribution to the innovation and technology development…
Such an honor to receive this Medal of Honor from the Chief Executive of Hong Kong for my contribution to the innovation and technology development…
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Had a great conversation with Jason Fishman on the Test. Optimize. Scale. Podcast!
Had a great conversation with Jason Fishman on the Test. Optimize. Scale. Podcast!
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Next stop on my #Eisenhower fellowship: Bangalore, #India’s Silicon Valley. The theme for my meetings in this tech hub is #MadeinIndia. I got a…
Next stop on my #Eisenhower fellowship: Bangalore, #India’s Silicon Valley. The theme for my meetings in this tech hub is #MadeinIndia. I got a…
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Dear Rana el Kaliouby, Ph.D. It was a true privilege to host you with our #ypo Brussels chapter ! Your energy and outstanding capacity to bring…
Dear Rana el Kaliouby, Ph.D. It was a true privilege to host you with our #ypo Brussels chapter ! Your energy and outstanding capacity to bring…
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Just had an amazing YPO chapter retreat in Sedona Arizona, led by Bart Foster of Business Outside. Who would have thought we could get so much…
Just had an amazing YPO chapter retreat in Sedona Arizona, led by Bart Foster of Business Outside. Who would have thought we could get so much…
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Submit your real estate startup to be featured at Blueprint 2023. My friends at LAB Ventures are searching for the most innovative early stage…
Submit your real estate startup to be featured at Blueprint 2023. My friends at LAB Ventures are searching for the most innovative early stage…
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📣 Exciting News! 🚀 BuildClub just scored BIG with a $5 million blanket purchase agreement from Nellis Air Force Base! 🎉 As a "Prime Contractor" to…
📣 Exciting News! 🚀 BuildClub just scored BIG with a $5 million blanket purchase agreement from Nellis Air Force Base! 🎉 As a "Prime Contractor" to…
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