In 2014, he partnered with Jay Adelson to form Center Electric, an early-stage technology venture capital firm designed to leverage the growth of the Internet of Things.
Center Electric was an outgrowth of Smith and Adelson's passion project, Point Option, which develops next generation devices for in-home use.
After graduation, he began his career in the high tech industry, working at Dolby Labs, Intel, Analysis Group, Liquid Wit, and Polaroid, among others.
With a title inspired by the dragonfly’s unique ability to propel itself in any direction when its four wings worked in concert, the book examined the manner in which synchronized ideas can be used to create rapid transformations through social media.
In 2013, along with Barbara McCarthy, Smith and Aaker published, The Power of Stories, a companion to The Dragonfly Effect, which further explored social media through psychological insight and provided a hands-on tool to help companies put the model to work.