SDForum Quarterly Venture Breakfast with PWC
Pre-registration is closed; please register at the door.
In this second Quarterly Venture Breakfast Series in collaboration with PWC, we will discuss the role of corporate venture capital in the tech ecosystem and how these investments foster innovation and transform technologies into scaleable businesses. The panel will discuss and debate the subject, explain what how their corporate strategy is, how they have developed it and what the trends are in terms of technologies and funding levels(from seed through series C+).
Moderator: Allison Leopold Tilley, Pillsbury Winthrop
- Steve Bengston from PWC
- Jai Das, SAP Ventures
- Lisa Lambert, Intel Capital
- Deborah Magid, IBM Venture Group
- Ray Wu, HP Venture Group
About the Speakers
Steve Bengston 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.
Jai Das from SAP's Venture Team spent seven years designing and building software applications as a lead architect, as a product manager and as an entrepreneur before focusing on investing in technology start-ups. He was most recently a director at Agilent Ventures (formerly part of Hewlett-Packard), where he led investments in semiconductor, semiconductor testing and networking systems companies like Infinera Systems and Touchdown Technologies. Prior to working at Agilent Ventures, he was employed at Intel Capital where he was responsible for strategic equity investments in software and data-center system vendors. Das was also a principal with MVC Capital, a Draper Fisher Jurvetson affiliated venture fund where he led investments in software, business services, storage, and data-center systems. Das received his MBA from the University of Chicago's Graduate School of Business where he was awarded the George Hay Brown Prize for academic excellence. He earned his Bachelor of Science degree in Electrical Engineering from Brown University. Das manages SAP Ventures' investments in GroundWork Open Source, Ignite, MySQL, Selero, Sonoa, and Tealeaf. He is responsible for SAP's investment strategy in India and for evaluating new investment opportunities in Open Source and in platform and infrastructure software that enable next generation SOA and SaaS based applications.
Lisa Lambert of Intel Capital’s Computing Technology Sector , who manages Intel's Enterprise Software Investment Group. Lisa is responsible for enterprise software equity and M&A investments in support of Intel’s desktop, mobile, server, and tools products with oversight responsibility for approximately 69 portfolio companies in North America. Her specific focus areas include enterprise applications, middleware, platforms, tools, mobile software, web services, open source/Linux, vertical markets, business intelligence & 64-bit Intel Architecture investments. Lisa's group completed twenty-seven new and follow-on equity investments in 2001-2002. Lisa personally completed five separate investments and follow-ons in 2002-03 in the following companies: Demantra, iSpheres, Feedroom, Black Pearl (Acquired by One Channel), and Intertainer. Lisa manages the $253 million Intel 64 Investment Fund. The original Fund participants included HP, Compaq, SGI, Dell, NEC, and Morgan Stanley who represented 14 Fortune 500 end-users.
Deborah Magid is Director of Strategic Alliances in IBM's Venture Capital Group, representing IBM’s software business. Deborah builds ecosystems for IBM by sharing insights about emerging markets, technologies, and business models with venture capitalists and entrepreneurs. As a member of IBM’s software strategy team, she also brings insight form the venture community into the development of IBM’s growth strategies, identifies new business opportunities with portfolio companies, and shares views on innovation and growth areas of the market. Deborah is a frequent spokesperson on topics of relevance to entrepreneurs and investors, and is on the board of SDForum, the Silicon Valley emerging technology network. Previously, Deborah held various positions in marketing and product design and development at IBM, Taligent, GE and AT&T. Deborah holds degrees in cognitive Psychology from the University of Pennsylvania and the University of Connecticut.
Allison Leopold Tilley, a partner at 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-head of the Firm’s Information Technology Practice Team, Head of the Silicon Valley Business and Technology Group and co-head of the Southeast Asia Specialty Team.
Ray Wu currently leads HP's New Business Ventures organization to drive value through venture partnerships and transactions. Prior to HP, he spent more than six years with Cisco Systems, and held several senior positions leading internal incubation, software investment and M&A, technology and business consulting in both North America and Asia Pacific. He uses this blog to discuss interesting venture and technology trends and startups. Please feel free to insert your thoughts into this to make it more interactive. He has a personal blog on Non-HP related discussion topics: http://blog.boundaryfree.com.
$20 for SDForum members
$30 for non-SDForum members
No Charge for SDForum Platinum Pass Members
Pillsbury Winthrop Shaw Pittman LLP
2475 Hanover Street
Palo Alto, CA 94304