Rock Stars of Innovation Present: Have You Ever Seen the Rainmakers?

Rock Stars of Innovation Summit Xconomy Connect

Not everyone who goes into the biopharmaceutical business gets to catch lightning in a jar. It took Carol Gallagher only about 28 months to experience one of those life-changing moments as the CEO of Seattle’s Calistoga Pharmaceuticals—and she has a story to tell.

So does Tom Lee, a professor of electrical engineering at Stanford University, entrepreneur, and innovator who has worked in semiconductor design and wireless technologies for more than 25 years. He wrote the textbook on designing wireless integrated circuits with conventional silicon technologies—and he had a Ben Franklin moment of his own when Microchip Technology of Chandler, AZ, acquired the wireless company he founded. Lee is especially interested in peering into the future of the wireless communications.

Gallagher and Lee are just two of the rainmakers who will be speaking at the 2014 Rock Stars of Innovation Summit—San Diego’s showcase for new ideas and companies developing innovative technologies. The half-day summit will be held April 4 at the Andaz Hotel in downtown San Diego, and will be preceded on the evening of April 3 by a jam session and networking event at the San Diego House of Blues, featuring the Left4Dead band.

Gallagher, the opening act for this year’s summit, said earlier this year that she’s becoming more and more convinced that innovation is a team sport. She sees a need for both diversity and experience on a startup’s board of directors as well as the founding team, and she’s spent time thinking about women entrepreneurs and gender equity.

After earning her doctorate in pharmacy from the University of Kentucky, Gallagher worked for eleven life sciences companies—if you don’t count her current status as a San Diego venture partner for Frazier Healthcare. Her résumé includes stops at San Diego’s Agouron Pharmaceuticals, CancerVax, and Anadys Pharmaceuticals. Some of those jobs turned into gigs at Big Pharma (Pfizer) and Big Biotech (Biogen Idec). She joined Calistoga as its first CEO in late 2008, and the success of the Calistoga team in developing a new cancer drug for certain lymphomas and leukemias resulted in a 2011 buyout that could ring up to $600 million.

Lee will be closing out the show. He has spent much of his career thinking about the future of the chip industry, the rapid growth of wireless infrastructure, and the Internet of Things. In the past few years, Lee was a founder of Sunnyvale, CA-based ZeroG Wireless, acquired in 2010 for an undisclosed amount by microcontroller vendor Microchip Technology. In 2011, Lee took a leave of absence from Stanford for a tour of duty at DARPA, the Defense Advanced Research Products Agency, as director of the Microsystems Technology Office. He’s now back at Stanford and a co-founder of Ayla Networks, a Sunnyvale, CA-based startup developing technologies that enable manufacturers to turn appliances, heating and cooling systems, and other devices into intelligent devices that can be managed in the cloud.

Between the beginning and the end is everything else:

Who’ll Start the Rain? With a drought of venture capital afflicting many parts of the country (outside Silicon Valley), summit organizers are bringing together some local rainmakers with some pioneering ideas in

Author: Bruce V. Bigelow

In Memoriam: Our dear friend Bruce V. Bigelow passed away on June 29, 2018. He was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Bruce Bigelow joined Xconomy from the business desk of the San Diego Union-Tribune. He was a member of the team of reporters who were awarded the 2006 Pulitzer Prize in National Reporting for uncovering bribes paid to San Diego Republican Rep. Randy “Duke” Cunningham in exchange for special legislation earmarks. He also shared a 2006 award for enterprise reporting from the Society of Business Editors and Writers for “In Harm’s Way,” an article about the extraordinary casualty rate among employees working in Iraq for San Diego’s Titan Corp. He has written extensively about the 2002 corporate accounting scandal at software goliath Peregrine Systems. He also was a Gerald Loeb Award finalist and National Headline Award winner for “The Toymaker,” a 14-part chronicle of a San Diego start-up company. He takes special satisfaction, though, that the series was included in the library for nonfiction narrative journalism at the Nieman Foundation for Journalism at Harvard University. Bigelow graduated from U.C. Berkeley in 1977 with a degree in English Literature and from the Columbia University Graduate School of Journalism in 1979. Before joining the Union-Tribune in 1990, he worked for the Associated Press in Los Angeles and The Kansas City Times.