Elect the best candidate

I will bring to the Board of Regents a unique background, qualifying me to lead the board in academic and business decisions.

Business Experience:

I have served as a board member for five companies, both local and international: OptoElectronic Data Systems, Multi­wave Networks, Network Photonics, DataPlay and KMLabs.

I founded two companies, taking ONI Systems public, and serving as Chief Technology Officer at Network Photonics.

I have sponsored University Research:  my company, Network Photonics, sponsored R&D contracts supporting multiple professors at CU.

Academic Experience:

Member of the Graduate Faculty, CU Boulder: 2008-2011

I secured University Research Funds, serving as Co-Principal investigator at CU for over $1.5 million in research contracts  funded by the NSF and Rome Labs

My teaching experience includes serving as a guest lecturer in engineering and science and ongoing service as a guest lecturer in intellectual property.

My service experience includes acting as a representative to CU UGGS where I brought in union organizers, and secured health care for Graduate Student Employees.  I currently serve in Technology Transfer, commercializing CU inventions.

Vision:

I want to share my vision with the Board of Regents on saving money in Capital Construction.  We must build for longevity to save future generations rebuilding costs and we must scrutinize capital expenses more closely in our housing for students.

Grants for low income students cover most of tuition expenses.  We need to hold down room and board expenses to keep the institution accessible to all of Colorado’s next generation.  We can manage this by building more modest living quarters

Credibility:

My PhD. and my background in industry and academia give me the credibility with CU’s academic and business drivers.

Don’t pit the adjunct against the next tier

The hierarchy in academic pay needs a full examination.  This article addresses issues with the lowest paid and pits them against the next tier.  Let us address the full spectrum of those who serve us and note that their are many in the tenured and tenure track who aren’t sufficiently rewarded for their service.

We are here for the Long Term. We are environmentalists.

We are an institution founded 137 years ago.

The long standing Universities have histories dating back hundreds of years.  Among the them all, the University of Colorado’s 137 years is not outstanding.  But it’s best to plan for longevity which rivals them all.  We put ourselves forth as a University which can rival the best and the longest lived.

Like the ranchers standing next to us in Colorado, we strive to be stewards of our land.  Our footprint, our impact, and our legacy are the foundation for our next generation.  We seek a long term vision which sustains our academic strength.  That vision encompasses environmental standards.

It is with our broader impact in mind that we must examine our campus development.  I will post further contributions on the specifics of our development goals.

I am pledged to abide by constitutional spending limits

I am the only candidate who has agreed to comply with the voluntary campaign spending limits called for in the Constitution of the State of Colorado.

CONSTITUTION OF THE STATE OF COLORADO

ARTICLE XXVIII CAMPAIGN AND POLITICAL FINANCE

Colo. Const. Art. XXVIII, Section 1. PURPOSES AND FINDINGS:

The people of the state of Colorado hereby find and declare that large campaign contributions to political candidates create the potential for corruption and the appearance of corruption; that large campaign contributions made to influence election outcomes allow wealthy individuals, corporations, and special interest groups to exercise a disproportionate level of influence over the political process; that the rising costs of campaigning for political office prevent qualified citizens from running for political office; that because of the use of early voting in Colorado timely notice of independent expenditures is essential for informing the electorate; that in recent years the advent of significant spending on electioneering communications, as defined herein, has frustrated the purpose of existing campaign finance requirements; that independent research has demonstrated that the vast majority of televised electioneering communications goes beyond issue discussion to express electoral advocacy; that political contributions from corporate treasuries are not an indication of popular support for the corporation’s political ideas and can unfairly influence the outcome of Colorado elections; and that the interests of the public are best served by limiting campaign contributions, establishing campaign spending limits, providing for full and timely disclosure of campaign contributions, independent expenditures, and funding of electioneering communications, and strong enforcement of campaign finance requirements.

Colo. Const. Art. XXVIII, Section 4. VOLUNTARY CAMPAIGN SPENDING LIMITS

(1) Candidates may certify to the secretary of state that the candidate’s candidate committee shall not exceed the following spending limits for the applicable election cycle:

…(d) Sixty-five thousand dollars for a candidate for the state house of representatives, state board of education, regent of the university of Colorado, or district attorney.

…(6) Only those candidates who have agreed to abide by the applicable voluntary spending limit may advertise their compliance. All other candidates are prohibited from advertising, or in any way implying, their acceptance of voluntary spending limits.

Divest from Fossil Fuels: Take CU Foundation Endowment money out of Oil

Every way I argue this comes to the same conclusion. Get our money out of oil.

Our president has argued that our oil investments are good. He didn’t say if he meant this in terms of investment returns or something other. The efficient market hypothesis tells us they are priced about right for their risk. We can find other investments that are also prices right. Fossil hydrocarbons are about 10 percent of our economy. We can invest our endowment well without having to keep anything in this sector.

Benson dismissed divestment in oil. “It’s a great industry.” he said. http://www.dailycamera.com/ci_23101610/cu-president-benson-not-moving-forward-divesting-fossil
But there is nothing good or bad inherent in an industry.

We must look at what it means to put our money into companies who extract fossil hydrocarbons. The value of these companies is that which investors have set, assuming that the companies will extract most of their proven reserves. If we extract all the proven reserves, we set ourselves on a path towards overheating the planet. By holding our money in these companies, we have a vested interest in overheating the planet.

Divestment means we move away from our vested interest in overheating the planet.

Lets get the University of Colorado Foundation money out of oil. Lets call on all instituional and foundation investors to do the same. Divest in oil.

2 Year Law School

Obama called for our law schools to consider granting the degree in two years. The third year in law school is one where the students pay tuition and get little in return.
Law schools across the nation have been run as profit centers for our universities, and a change to collecting only two years of tuition instead of three will cut in to our revenue.
What should we do with the third year? Let’s consider minimizing tuition for this year of service. In this third year our students typically serve and unpaid internship. Let’s keep a third year where our professors will engage practicing lawyers to supervise student service to those in need. Our students need not pay for the privilege of serving others. A third year of service should have only nominal registration and oversight fees, while financial aid covers living expenses during a supervised year of service.

Let’s take the cut. Our law professor, Paul Campos, has written a blog on law schools, which tells so much about to where the nations law schools have devolved. Let’s set an example for law schools nationwide.

Health Insurance for Graduate Students

In the ’90s I worked on organizing the University of Colorado Graduate Students. I was my department representative to UGGS, the United Government of Graduate Students. We were seeking a better deal for TAs in the Humanities and Social Sciences.
An old friend of mine had unionized the graduate students at SUNY. I applied for CU student government funds to fly him out to talk to us about unionizing. He gave an inspiring talk, and before long we were negotiating with the Dean of the Graduate School to have the school cover health insurance.

University Research – leg 1 of funding

University Funding includes student payments, research, and donations. I address research funding in this blog entry.

I am asking you for your support. I will bring a diverse range of experiences to the board of regents if elected. I want to tell you about my extensive background in University research and show you why that background will serve the University well.
I have a bachelors in Applied Physics from Caltech and a Doctorate from the University of Colorado in Electrical Engineering.
I was a researcher at CU. I brought money in as co-principal investigator on research contracts valued at over a million dollars. I started my first company based on my work at CU. I won contracts for federal dollars bringing money and research jobs to Boulder. I left Colorado to join the founding team of a successful telecom startup and returned here to start Network Photonics where I raised over 100 million dollars in venture capital and I employed hundreds of people here in Boulder. As the chief technology officer, I lead the intellectual property effort and I engaged researchers at the University of Colorado both with sponsored research and with inclusion of professors as members of my technical advisory board.
Ten years ago I decided it was time to use my skills for the benefit of others. I researched alternative energy and found it is difficult to construct a good business case competing with cheap oil. So I chose instead to serve the University and the local technology community.
I joined the University of Colorado Technology Transfer Office, serving inventors on all campuses. I license University inventions to US companies promoting our economy and our returning value to the school. And I provide guidance on starting companies to those members of the University who wish to spin off companies.
I am uniquely qualified to serve as Regent. I have the business background, the academic background and the entrepreneurial experience. The current Board has mostly lawyers and business people. The Regents have power over the professors and it important to have insight into the needs of and the demands on the academic. My academic background gives credence the Boards decisions, to the tenure decisions that come before the board and to the program directives our Board hands down. My experience with business and finance not only qualify me to weigh in on our budget, but my extensive experience gains the confidence of the other members of the Board. I have the background to sway members on the right, to in doing so to get done what we need done.
Our University system is a research and education institution. Our funding comes from sponsored research, tuition and donations. We have raised tuition as much as we can bear and now our efforts turn to increase our research income. We need a Regent with my understanding of both sides of this chase for dollars as well as the middle. As an academic, I have won such funding when I did research for the university. In my business endeavors, I have sponsored University research. And currently I broker deals between industry and academia from the technology transfer office. The University gets funds through grants for scientific research, and the leadership needs to know how to bring together academia with the local technological community. The leadership needs to know how to provide resources to attract the best faculty to secure these grants and to effectively teach our sons and daughters.
The University is not going to thrive without the strong guidance of people who actually know the inner workings of a university. I ask you to do what is best for the University. I ask for your support.
Thank you
Teddy Weverka

My Background

After a successful career as an entrepreneur, Teddy Weverka has dedicated his work efforts to serving the University of Colorado.  Teddy is a licensing associate at the CU Technology Transfer office.  He specializes in Engineering and Science for the Boulder and Colorado Springs campuses. Teddy was previously founder and CTO of Network Photonics where he raised $117 million in venture capital to develop his MEMS based wavelength switching invention. Before founding Network Photonics, Teddy was involved in a number of startup companies. He was on the founding team of ONI Systems, a Metro-area DWDM communications company that went public in 2000. Teddy helped set the initial direction for DataPlay and served on its advisory board. Teddy also founded Optoelectronic Data Systems in Boulder

Teddy Weverka has worked for the Democratic Party in Colorado since 1992, acting as delegate to the State Assembly as well as doing precinct work and serving as House District Vice Chair for Jack Pommer’s district.  Teddy managed Mike Miles campaign for Boulder County and ran for State Party First Vice Chair alongside Pat Waak in 2005.  He helped manage the Register Renters effort in Boulder county, which distributed over 40,000 voter registration forms.

Teddy Weverka earned a B.S. in Applied Physics from Caltech and a Ph.D in EE from the University of Colorado. He has authored dozens of publications and patents.

Why I Run

I am running for Regent to serve the University.  The Board of Regents has no one with the qualifications I bring to bear.  I have a Doctorate in Engineering and dozens of publications to my name.  I understand what it means to have a doctoral granting program.  I have dozens of patents to my name as well as a number of startup companies under my belt.  I understand the members of the Board with background in business.  I can bring together differing perspectives and honor the traditional strengths of the University.

I believe in academic freedom.  In H&SS this is the freedom to explore the controversial ideas and to make the controversial statements.  In STEM, this is the room to explore the long shots, and invest in that which won’t see commercial relevance in less than the length of a patent term.

I currently serve the University, writing licenses to commercialize inventions.  I understand the growing push to make the University the engine of growth for Colorado jobs and to turn the research engine more towards commercial endeavors.  With that understanding I appreciate the import of reserving the room for exploration beyond what is envisioned in commerce.

I am uniquely qualified to promote  these core principals.  I ask for your support in my campaign for Regent of the University of Colorado.  And I invite you to read up on my further positions.

thank you,

Teddy Weverka

 

The doctoral degree

It is important to bring to the board the proper respect for the highest degree that the University offers. Our system of Universities offers education at the Bachelors, Masters, professional degree and PhD.  When our faculty present to the board the case for an offering of a doctoral degree, we must judge the program on a basis appropriate for a doctorate.  The measures the Board has offered have been tailored to the lessor degrees. The doctorate promotes the exploration of new ideas.  The program should be judged on how it can contribute to expanding the forefront of knowledge.  This degree, unlike the others, should not be judged on how it prepares the candidate for a job.  The criteria for a Doctorate is whether the candidate can improve upon the base of information and ideas that make up the body of knowledge known to mankind.