Richard Malagodi Bio
| In
2003 Mr. Malagodi
co-founded Opus
Venture Group
LLC. Opus acts
as an intermediary
between television
shopping networks,
manufacturers and
inventors to develop
innovative consumer
products.
Early in 2004, after an initial fund raise of $500,000.00, Opus began operations. As co-Managing Director, Mr. Malagodi is responsible for working with QVC and outsource professionals to design and produce products designed to take advantage of emerging opportunities. Opus Venture Group has established itself as a valued partner with QVC and has a number of unique product offers in the pipeline for late 2004 and early 2005.
Mr. Malagodi developed Kid Galaxy's national sales and marketing campaign for the Bendo brand including the management of multi-million dollar accounts with Target and Toys-R-Us. In addition, he negotiated and secured licenses with the National Hockey League, Major League Soccer, and Major League Baseball.
In
the past fifteen
years, Mr. Malagodi
has traveled
extensively
throughout the world
negotiating
international
distribution
agreements and
developing extensive
manufacturing
relationships. Prior
to Kid Galaxy, he
was President and
CEO of a national
athletic footwear
manufacturer which
held the worldwide
license for the
Ashworth brand golf
shoes. To fund
the Company's
growth, he raised
several million
dollars in equity
and debt and in 1998
sold the company to
a group of investors
and overseas
suppliers. |