Smith joins GBAN from her position as Chairman of the Board of the Angel Capital Association (ACA) which represents more than 14,000 accredited investors in the United States, Canada and Mexico. ACA is a founding member of GBAN, an inclusive community of early-stage investor networks seeking to increase angel investor capacity in burgeoning entrepreneurship ecosystems across roughly 50 countries on all six major continents.
Ms. Smith has accepted the position of member of the board of Global Business Angel Network (GBAN), effective July 1, 2019. This internationally-esteemed organization is an inclusive community of early-stage investor networks seeking to increase angel investor capacity in rapidly expanding entrepreneurship ecosystems in nearly 50 countries on all major continents.
As Chairman of the Angel Capital Association (ACA), Ms. Smith has spearheaded a nationwide grassroots organizing and implementation program to gain successful passage by the U.S. Congress of critical tax legislation to encourage and expand access to capital for innovative, start-up firms. She has also been at the forefront of efforts to develop formal linkages between ACA and angel networks in Europe, Mexico, New Zealand, Australia, and Latin America. Most recently she has overseen a multi-year strategic planning initiative to enhance ACA’s educational offerings and data analytics to significantly benefit angels and entrepreneurs.
Ms. Smith was Managing Director of Pacific Allied Products for 13 years, a diversified plastics manufacturing company located in Hawaii and specializing in compression molding, blow molding, and injection molding products for the South Pacific. During her tenure, the firm’s revenues increased over 130%. The company entered into a joint venture to develop and patent cutting edge technologies for the plastics industry and the Smiths successfully sold the firm in 2003.
Additionally, Linda Smith had an outstanding 22 year public career that included serving three U.S. Presidents, two Congressmen, one mayor, and the Governor of Hawaii. Her accomplishments included being appointed as director of Finance for the City and County of Honolulu, responsible for a budget exceeding $900 million serving over 800,000 resident and visitors to the city. She also was the Senior Policy Advisor to the Governor, covering issues ranging from agriculture, energy, education, transportation, natural resources, and veterans.
Ms. Smith moved to Lake Tahoe, Nevada in 2011 with her husband, former World Bank staffer Paul E. Smith. They are both active members of Sierra Angels and have experienced several positive exits, as well as a few “duds” in their portfolios. She enjoys hiking, snowshoeing, boating, architecture, and fine wine.