Nuri Otus

With over 25 years’ experience of professional sales, marketing and business development Nuri Otus is a recognized global leader in the sale of used capital assets. They have sold over US $2 billion of capital assets through over 2,200 auctions and liquidations worldwide since 1988.

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A tenacious executive credited with identifying growth opportunities, opening new markets, and driving financial performance. A creative thinker who delivers on commitments with strong business acumen and demonstrated ability to develop relationships and design innovative solutions to complex business issues. Experience crafting growth and market strategies for private companies, high growth start-ups, and government entities. A trusted advisor to the executive team, founders and employees alike. Nuri has a proven track record of providing measurable value in Fortune 1000 companies as well as technology start-ups. Global Executive | Strategic Advisor | Market Evaluation & Development | Partnerships & Alliances| SaaS Enterprise Sales | Branding | Marketing Automation | Business Investment & Economic Development | Software Development | Start Up Advisor | Public Speaker \ Charity Auctioneer and MC Nuri has been featured on CNN and on ABC, CBS and NBC Broadcast Television News, and in Computer Reseller News, Business 2.0 Magazine, The New York Times, Los Angeles Times, USA Today, Washington Post and Time Magazine. Nuri served on the Boards of the San Mateo Babe Ruth Baseball, Hillsborough Little League, West Bay Rams, all Bay Area non-profit organizations benefiting children. Nuri has conducted fund raising events for the following non-profit organizations: Make a Wish Foundation, Special Olympics, PARCA, Camp Okizu, Avalon Academy, Burlingame Community Education Foundation, Hillsborough Schools Foundation, Hillsborough Family Service Agency, NFL Alumni Association, San Mateo Foster City School District, Pacific Autism Center, Nativity School, Nueva School, Kara, Gentry Magazine, CORA and many others. He has assisted National Non-Profits on a pro-bono basis for many years.

CEO/Founder at txtsmarter, Inc.

2013 - Present | Redwood City, CA

Nuri founded txtsmarter, a venture capital funded company currently in stealth mode. Nuri has successfully developed relationships at SalesForce, Samsung, Apple and Google from ground zero in his role at txtsmarter. He conceptualized the application and lead the team that designed, developed, patented and produced the technology that will change the face eGRC. The first product of the company will address an issue currently in national and international news. The iOS and Android applications are nearly complete. Stay tuned....

CEO/Founder at ARH Group, Inc.

January 2005 - 2012 | Burlingame, CA

Founded consulting organization to advise troubled companies and their advisors. Sold patents and other types of intellectual property. Conceptualized and implemented Remarketing plans to Fortune 1000 companies, banks, private equity groups and US Bankruptcy Court. Acted as a professional witness in Bankruptcy cases in New York, California, Delaware, Washington, Nevada, Texas, and Georgia. We specialize in Services include auction sale value analysis, inventory relocation, leased equipment analysis and reconciliation, onsite auctions, bid casts, orderly liquidations and sealed-bid sales.

CEO/Founder at AuctioNet.com, Inc.

October 1999 - November 2005 | Redwood City, CA

Nuri Otus founded AuctioNet.com and served as President and CEO where he leveraged his wide range of experience to drive his vision and focused on business development, partner implementation and partner development. His efforts resulted in over 140 partner auction websites, serving over 70,000,000 unique visitors monthly, and over 300 direct product relationships. Investors Included Oracle Corporation, ZDNET, CBS and numerous Silicon Valley Angel Investors.

CEO/Founder at Emerald Asset Management

November 1995 - October 1999 | San Carlos, CA

Nuri founded the Emerald Asset Management in 1995 to leverage a deep knowledge of the live auction and liquidation business and transition it online. The Company was a first mover in the space and raised significant venture capital investments. The company was sold and all investors received a significant return on their capital investments. Clients included Apple, IBM, Compaq, Sun Microsystems, Hewlett Packard, Packard Bell and many financial institutions including the US Bankruptcy Court. Company was profitable within 21 months.

Senior Vice President at Great American Group

November 1993 - November 1995 | Redwood Shores, CA

Opened the Bay Area operations and built a $20M ARR business in two years. Complete P&L responsibility's, hired staff and secured office location.

Vice President at DoveBid, Inc.

June 1988 - November 1993 | Foster City, CA

Hired into a 50 year old family business as the 7th non family employee. Managed Fortune 1000 accounts nationwide including IBM, Compaq, Comdisco, Businessland, JWP, and Sun Microsystems. Other clients included Bank of America, Wells Fargo and Venture Capital firms. 11 Time Million Dollar Club Member from 1989-1993. Million Dollar Club Membership required a single transaction that totaled over $1M in gross sales. Secured first International Transaction in Company history.

University of Missouri-Columbia

Nuri Otus has been featured on CNN and on ABC, CBS and NBC Broadcast Television News, and in Computer Reseller News, Business 2.0 Magazine, the New York Times, USA Today and Time Magazine for his insight as an industry expert. Mr. Otus is a founding member of the Silicon Valley Chapter of the Young Entrepreneurs Organization, a member of the National Auctioneers Association, a member of the California State Auctioneers Association, Commercial Finance Association and a member of the Turnaround Management Association. Nuri Otus served on the Boards of the San Mateo Babe Ruth Baseball, Hillsborough Little League, West Bay Rams, all Bay Area non-profit organizations. Nuri Otus has conducted fund raising auctions for the following non-profit organizations: Make a Wish Foundation, Special Olympics, PARCA, Camp Okizu, Avalon Academy, Burlingame Community Education Foundation, Hillsborough Schools Foundation, Hillsborough Family Service Agency, NFL Alumni Association, San Mateo Foster City School District, Pacific Autism Center, Nativity School, Nueva School, Kara, Gentry Magazine, and CORA.