Ebetuel (Beto) Pallares
AdVenture Capitalist - Educator - Ecosystem Builder
President/CEO at Joseph Advisory Services
ContactBackground
Beto Pallares founded Joseph Advisory Services (JAS) in 2006. His professional experience spans working for top-tier strategy consulting firms, co-founding start-ups, international business development, nonprofit management, venture capital and military service. In the summer of 2009, he co-founded Cottonwood Capital Partners I, the general partner of Cottonwood Technology Fund I. Late 2014, Beto parted ways with Cottonwood and formed Proficio Capital Management (PCM), which is the exclusive manager of three investments previously managed by CCP. These three portfolio companies, Exagen, FibeRio, and InView, comprise the portfolio of NewPath Venture Capital, whose General Partner is PCM. Beto has a particular interest in seed and early-stage companies with emphasis in the material sciences and nanotechnology areas. He serves on the board of six companies, four of which are material sciences related and two are biotech/med device related. He is also the investor-in-residence at New Mexico State University, identifying sources of capital, best practices, and structuring investment opportunities for university-related technologies. He also serves on the limited partnership advisory committees of several venture funds. In addition to his venture activities, Beto is a Kauffman Fellow and a Cross Sector Leadership Fellow, at the Presidio Institute, an initiative of the Presidio Trust. Beto holds a B.A., and MBA and a PhD. He is a sought after speaker tech trends, incubation and commercialization. Beto is married, and enjoys fatherhood. When not watching his kids while his wife, a professional photographer, is on assignment, he engages in reading, writing and community service, including service in Rotary International and Gideons International. Specialties: Seed/early-stage venture capital; strategic management and planning; non-profit and corporate board service
Job experience
- August 2018 - presentBill and Sharon Sheriff Endowed Chair in Entrepreneurship
New Mexico State UniversityLas Cruces, New MexicoThe chair in entrepreneurship was established by a 2013 gift of more than $1 million from business executive and NMSU alumnus Bill Sheriff and his wife, Sharon, who wanted to help the College of Business attract and reward faculty who would provide leadership and expertise in cultivating a spirit of entrepreneurship in New Mexico and develop resources to advance that goal in the state and region.
- October 2017 - presentMember Board Of Directors
LBAN/Latino Business Action NetworkPalo Alto, CAIn 2013, Stanford Graduate School of Business Professor Jerry Porras and a group of Latino MBA Alumni came together to form a non-profit 501(c)3 organization, the Latino Business Action Network (LBAN), focused on making America stronger through LBAN funded Latino research and education impact programs at Stanford University.
- December 2017 - presentMember Board Of Directors
YaydooMexico City Area, MexicoYaydoo augments, and in some cases replaces, the purchasing department for SMEs. It is the leading, AI-enabled purchasing platform in Mexico, with expansion plans beyond.
- December 2017 - presentMember Board Of Directors
TRIVA INCFt. Lauderdale, FLTRIVA is a next-generation, AR/VR tech company. Its beachhead market is the construction industry. TRIVA has comprehensive technological solutions to help industry-leading companies and individuals achieve greater success. Our platform has a broad range of features that have been developed with an aim to improve performance and ease adoption. TRIVA is continually building upon its technology, to empower our users.
- June 2016 - presentBoard Observer
Camino FinancialGreater Los Angeles AreaOperator of an online credit marketplace. The company provides loans for first-time business borrowers who cannot get a loan from a bank, and offers ongoing credit monitoring and advice to ensure clients improve their business credit in an effort to qualify for a bank loan. www.caminofinancial.com
- April 2016 - presentMember Board of Directors
Paddle Inc.San Francisco Bay AreaPaddle analyzes your motivations and skills to set you up for a successful, non-linear career.
Being aware of your motivations allows you to make purposeful career and life choices. It also helps you better understand your motivational conflicts, and develop relationship building skills.
The Balanced Motivations Assessment helps you take a more fulfilling approach to career and life.
Understanding your skill set allows you to make insightful career and life choices. It also helps you learn how to apply your existing skills in new situations, and identify which sectors align most with your strengths.
The Transferable Skills Assessment helps you lead with their strengths across contexts, both familiar and new. - August 2016 - presentManaging Director and Co-Founder
Cowork OasisEl Paso, Texas AreaCowork Oasis is an innovation community. The vision is to see El Paso transformed into a premier destination for entrepreneurs, tech innovators and investors. Our mission is to encourage and support local entrepreneurs by providing a set of tools, mentors, and access to capital that will enable them to compete on a global basis.
- February 2016 - presentMember Board of Directors
Ares Materials incDallas/Fort Worth AreaAres Materials unleashes a new generation of flexible electronics. Current efforts of the industry have been focused in adapting microfabrication processes to the existing substrate materials; limiting the performance of electronic devices. Ares Materials has created a new materials strategy that adapts to the current processes, enabling large-area microfabrication of thin film flexible electronics that were only possible using glass substrates, until now.
- June 2016 - presentMember
Life Science AngelsPalo Alto, CALife Science Angels, Inc. (LSA) is the premier angel investment group focused solely on healthcare investing, including medical devices, diagnostics, pharmaceuticals, biotechnology, and digital health.
- January 2015 - presentManaging Director
Proficio Capital ManagementEl Paso, TXProficio Capital Management LLC (PCM, is a venture investments management company. PCM is the General Partner of several investments, including Exagen Diagnostics Inc., FibeRio Technology Corporation, and InView Technology Corporation, which were previously managed by Cottonwood Capital Partners, LLC.
- March 2014 - presentCross Sector Leadership Fellow
Presidio InstituteSan Francisco Bay AreaWith anchor partners the White House Office of Social Innovation and Civic Participation, Office of Personnel Management, and the Presidio Trust, the Cross Sector Leadership Fellows program develops leaders that can engage and collaborate to greater effect across business, government and non-profit sectors.
- May 2013 - presentKauffman Fellow - Class 18
Society of Kauffman FellowsThe Kauffman Fellowship is a highly sought-after two-year program with lifetime dividends dedicated exclusively to the world of innovation investing. www.kauffmanfellows.org
- November 2013 - presentBoard Member
AgilvaxAlbuquerque, NMServe as board member of Agilvax. Agilvax develops targeted vaccine therapies based on its proprietory virus-like particle (VLP) platform technology.
- January 2013 - presentInvestor in Residence
New Mexico State UniversityLas Cruces, New Mexico AreaAs the IIR, I assist the Arrowhead Center in the development of their seed fund, evaluation of deal flow and investment monitoring process.
- November 2012 - presentBoard Member
Exagen DiagnosticsAlbuquerque, New Mexico AreaServe on audit committee and board member of Exagen Diagnostics. Exagen Diagnostics, Inc. is a Patient Focused, Discovery Driven, CLIA-certified, CAP-accredited laboratory with a growing menu of proprietary, internally developed tests focusing in the area of Rheumatology and Autoimmune diseases. Committed to Personalized Medicine, our tests are specifically designed to provide objective information to physicians and patients for more accurate, efficient diagnosis and better disease management.
- April 2012 - presentBoard Member
InView Technology CorporationAustin, TXServe as board chairman of Inview Technology Corporation. InView is leveraging the latest advancements in Compressive Sensing and its own patent portfolio to reduce the cost of shortwave IR (SWIR) cameras by an order of magnitude.
- November 2012 - presentMember Board Of Directors
Lotus Leaf CoatingsAlbuquerque, New Mexico AreaLotus Leaf Coatings, Inc. is a New Mexico-headquartered corporation, which manufactures and distributes superhydrophobic (HydroFoe™) and superhydrophilic (HydroPhil™) coatings. All of our coating products are manufactured in the U.S. The company seeks sub-licensing and product supply opportunities with global companies that have demonstrated expertise in marketing products or managing coating processes in industry categories with a need for superhydrophobic or superhydrophillic technologies to reduce cost or improve performance.
- 2009 - presentMember of the Board
RF CodeRF Code’s unique data center efficiency solutions give you real-time visibility into the lifecycle of your most valuable data center assets and the environmental conditions around them. Combining easy-to-deploy wire-free sensors with dedicated and secure infrastructure and powerful data management software, RF Code solutions increase efficiency, eliminate manual processes, ensure regulatory compliance and deliver an immediate return on investment. Ensure uptime, reduce costs, and keep track of what really matters with RF Code.
- August 2006 - presentManaging Director
Joseph Advisory Services LLCEl Paso, Texas AreaJoseph Advisory Services provides strategic advisory and asset allocation research and oversight. Since inception, our core values of integrity, discipline and vision continue to guide our approach. Our firm draws its name from the famed Biblical character, Joseph, whom successfully advised the Pharaoh during one of Egypt’s most challenging asset allocation and management periods.
JAS’s primary activity is advising and investing in early stage technology companies and venture capital funds. - August 2006 - presentPresident/CEO
Joseph Advisory ServicesEl Paso, Texas AreaEarly stage investment and fund advisor. Fund formation and innovation ecosystem development advisor.
Education
- The University of Texas at El Paso
PhD, International Business2004 - 2012Entrepreneurship. Emerging markets research, strategy, qualitative and quantitative methods, economic development. Member of the Academy of Management, the Academy of International Business and the Strategic Management Society. Also, a member of the Management Doctoral Student Association served as the organization's president. - The University of Texas at El Paso
MBA, General2003 - 2005 - Brandeis University
B.A., Economics1991 - 1995