Quarterly Venture Breakfast with PricewaterhouseCoopers and Pillsbury Winthrop
Quarterly Venture Breakfast
with PricewaterhouseCoopers and Pillsbury Winthrop
Event Description: ‘The Current State of the CleanTech Bubble’
We’re excited to deliver the third annual Quarterly Venture Breakfast Series. Our July session will be focusing on ‘The Current State of the CleanTech Bubble’.
After rising to #2 in 2008 in the PwC Money Tree, cleantech investing plummeted 75% in Q1'09 to #4 in the industry rankings, after Software, Biotech, and Med Devices. Many of the cleantech deals that required over $50M in venture financing and hundreds of millions in project finance are either dead or pursuing new strategies that are more capital efficient and require less debt. Scores of companies are applying for government funds to supplement their equity base. Come listen to and quiz our panel of experts to see if the cleantech bubble has burst or if this is simply the pause that refreshes the industry.
8:00am-8:30am Registration and Breakfast
9:00am-9:45am Panel Discussion
9:45am-10:00am Question and Answer
Steve Bengston, PricewaterhouseCoopers
Matt Garratt, Battery Ventures
Mamoom Hamid, USVP
Dan Rubin, Alloy Ventures
Robert Walker, Sierra Ventures
Don Wood, Draper Fisher Jurvetson
Moderator: Allison Leopold Tilley, Pillsbury Winthrop
Steve Bengston, Director, Emerging Company Services, PricewaterhouseCoopers runs the Emerging Company Services (ECS) group at PricewaterhouseCoopers. ECS helps companies informally with referrals to investors and other people that can help startups and more formally with services like audit and tax. Steve also presents the Money Tree data each quarter which summarizes venture capital investment results and trends.
Matt Garratt, Senior Associate, Battery Ventures joined Battery in 2008 and focuses on clean technology and advanced materials. Prior to Battery, he was Vice President of Plymouth Ventures. He has also worked for GE in their Renewable Energy group, and also spent time in Africa monitoring clean energy for a E+Co. He has a BS from Purdue University and MS from the Pennsylvania State University, both in Materials Engineering. He also holds an MS in Natural Resources and Environment and an MBA from the University of Michigan, where he helped to develop a student run cleantech fund and wrote policy paper for the UN on clean energy project finance and policy.
Mamoon Hamid, Principal, USVP joined USVP in 2005. At USVP, he focuses on cleantech, semiconductor and software investments.
Mamoon led USVP's investment in Box.net, and serves on the company's Board. He is also involved with USVP portfolio companies: CFX Battery, Superprotonic, Optichron, Supplyframe and Zannel. He is also an advisor to Yelp.
Prior to joining USVP, Mamoon spent eight years at Xilinx in various engineering and marketing roles. Previously, Mamoon has also worked for Deutsche Bank.
Allison Leopold Tilley, Partner, Pillsbury Winthrop focuses on the representation of technology companies in securities and venture capital transactions, including mergers and acquisitions, private placements, public offerings, venture funds and joint ventures. She has significant experience representing acquirers and target companies. Ms. Leopold Tilley is co-leader of the firm's Emerging Growth & Technology practice, leader of the Silicon Valley Business and Technology Group and co-leader of the Southeast Asia team.
Daniel Rubin, General Partner, Alloy joined Alloy Ventures in 1999 after a 15-year career in business development, marketing and sales at leading technology companies. At Alloy, he focuses on investments in semiconductors, cleantech, and software-as-a-service.
Before becoming a venture capitalist in 1999, Dan was a successful technology entrepreneur and also held a variety of executive-level sales, marketing and business development jobs in the IT industry. In 1991, he was a co-founder of Artisan Components and served as the initial VP of sales and marketing. He was the VP of business development through the company’s initial public offering in 1998. The company was later acquired by ARM Ltd. for $1 billion.
Prior to Artisan Components, Dan worked at semiconductor capital equipment company Ultratech Stepper in many roles, including director of product marketing and managing director of Asian operations. He received a BA in Physics from Pomona College (1982).
Robert Walker, Principal, Sierra Ventures focused on solid state lighting, displays, clean technology, solar energy and semiconductors. He serves as a Board Observer at mSilica and Applied MicroStructures.
Prior to joining Sierra in 2007, Robert was the CEO of BridgeLux, founded YEBY Associates and was a Managing Director at Vincera Capital. Prior to Vincera, he was General Manager of Pacific Rim business at Emcore. He is a 15 year veteran of the solid–state lighting industry with significant experience in Asia. He started his career as a high energy physicist, conducting research at Fermilab, SLAC, and the National Lab for High Energy Physics in Japan, and is an author of the paper announcing the discovery of the “Top” quark.
Don Wood, Managing Director, Draper Fisher Jurvetson leads the DFJ Global Network Funds and is an active member of DFJ's investment team, with a primary focus on Cleantech and IT investing. The DFJ Global Network has grown to include 16 funds managing over $6B on four continents, with 140 professionals, and hundreds of active portfolio companies. Don’s cleantech career began with his first post-college job at the U.S. Environmental Protection Agency in Washington, D.C. working in the policy planning department. Later he was SVP of Sales and Marketing at International Power Technology which designed, financed, installed and operated gas-turbine co-generation power plants. Don also assisted the founders of SunPower (SPWR) in writing their original business plans and raising capital. Don served on the Board and was President of Metricom (MCOM), which provided wireless smart grid systems to utilities and pioneered the first wireless mesh-network Internet service known as Ricochet. Don’s active cleantech investments include Oasys and Konarka.
Price: $20/SDForum Members, $30/non-members, $0/Platinum Pass