Silicon Valley Gemologist and Diamonteer Stephen Silver Appears as Guest Judge on Meet the Drapers, Pledges $75,000 Investment in Three Feature Tech Startups
|New York, NY (February 26, 2017) – Bay Area gemologist, diamonteer, and philanthropist Stephen Silver has always done business with an enterprising approach, investing in projects with a risk-taking ethos reflective of his Silicon-Valley home. Having developed relationships with key players in the tech industry over thirty years in business, Stephen Silver has repeatedly crossed paths with one of the leading capitalists in the world, Tim Draper, founder of DFJ Capital.
Tim Draper invited Stephen Silver to appear as a guest judge on the February 25th season finale of Meet the Drapers, joined by co-hosts Bill Draper and Polly Draper. Meet the Drapers, broadcast on Sony Entertainment Network, provides a window into some of tech world’s most innovative startups as well as how these premiere venture capitalists consider and select their next investments.
As a guest judge, Stephen Silver brought his expertise as a self-made businessman to the show, offering relevant expertise to the startups vying for funding. He could be called a high-stakes investor in his own right, given his history of investments in important color gemstones, recutting them at great risk using revolutionary tech-powered techniques that were unimaginable just a few years ago. Investing millions of dollars into these recutting projects has paid off lucratively for Mr. Silver, as evidenced by the November 2017 auction of The Pink Promise Diamond at Christie’s Hong Kong (a world-record pink diamond sale of over $32 million).
In the February 25th season finale, guest entrepreneurs pitched the Drapers and Guest Judge Stephen Silver to fund their startups. To participate, each startup must have met certain criteria, such as being tech-centered, based in the United States, and having already demonstrated some traction. In a twist, show viewers were also invited to invest in each startup venture via the equity crowdfunding platform Republic, which allows everyone to become investors, right from their homes.
After a round of critiques by the Drapers and Stephen Silver, Mr. Silver was inspired to personally pledge an investment of $75,000 towards the top three finalists, investing $25,000 each to Vacayo, specializing in vacation rental management; Farm from a Box, providing smart farm technologies to enhance agricultural productivity; and Pigeonly, a tech company which enables people to stay in touch with prison inmates at significantly lower costs than market rate. Remarking on the experience, Stephen Silver remarked:
“I found the experience of judging Meet the Drapers to be as interesting as it was inspirational. After seeing these entrepreneurs’ impressive appetite for risk as well their demonstrated abilities, I felt it was not only proper to offer a helping hand, but that making an investment was a wise decision.”
About Stephen Silver:
Stephen Silver is a Silicon-valley based gemologist, geologist, diamonteer, and philanthropist. As Chief Executive Officer of S. H. Silver Company, a premiere timepiece and jewelry house located in Menlo Park, California, Stephen Silver has established an international reputation amongst elite collectors for his expertise in diamond and color gemstone cutting, jewelry design, and fine timepieces, while his business acumen has earned widespread acclaim in the watch and jewelry industry.
Silver founded an estate jewelry firm in Menlo Park specializing in antiques and precious stones.
Silver studied geology at the Gemological Institute of America, going on to found an estate jewelry firm in Menlo Park specializing in antiques and precious stones and gaining access to a number of history’s most important colored gems.
Mr. Silver is widely recognized for his donation of the storied “Cullinan Blue Diamond Necklace” to The Smithsonian Museum of Natural History in Washington D.C. Silver has also recut and improved important color gemstones which have sold for hundreds of millions of dollars at auction or to private collectors, such as “The Pink Promise Diamond,” sold for over $32 million in 2017.
Stephen Silver has since expanded his business into a vertically integrated wholesale manufacture and retail operation of international reach, with two locations based in and around Menlo Park, California. Beyond his renown as a gemstone and jewelry expert, Stephen is also recognized in Silicon Valley for his extensive philanthropic work and community involvement, having donated millions in recent years to causes in his community and investing in emerging technologies.
For more information, visit http://shsilver.com/
Republic launched in 2016 with a mission to democratize investing.
A leading equity crowdfunding platform and sister company of AngelList, Product Hunt and CoinList, Republic is part of one of the most prominent startup ecosystems in the world.
On Republic, anyone can invest in breakout early-stage startups for as little as $10 in just a few minutes, using their credit card or bank account.