SVASE VC Breakfast Club with Howard Hartenbaum of August Capital, focus on Communications, Internet, Semiconductor, Software and Storage
Start: 06/26/2008 - 8:00am
End: 06/26/2008 - 9:30am
WHAT:VC Breakfast Club with Howard Hartenbaum of August Capital, focus on Communications, Internet, Semiconductor, Software and Storage
WHEN:Thu June 26th from 8:00am – 9:30am
1900 University Avenue, 5th Floor, East Palo Alto, CA 94303
CONTACT: Jai Kumar, Program Chair, [email protected] Cell: 408-406-4693
COST: $25 SVASE Members; $39 Affiliates; $49 Non-members. This event is for ENTREPRENEURS ONLY, BY PREREGISTRATION ONLY.
This event is co-sponsored by Greenberg Traurig, www.gtlaw.com.
VC Breakfast Club with Howard Hartenbaum of August Capital, focus on Communications, Internet, Semiconductor, Software and Storage
August Capital was founded in August of 1995 by David Marquardt and John Johnston, both formerly of Technology Venture Investors (TVI). The firm currently has over $1.3 billion under management and focuses on investing in early stage technology companies.
Early stage investments of the firm's partners include Microsoft, Adaptec, Compaq, Sun Microsystems, Seagate, Intuit, Sybase, Visio, Actel and ViewLogic. In addition, members of the August team have been founders of numerous companies including Wired Digital, MMC Networks, Cobalt Networks and Transmeta. Together, the partners bring over 60 years of investment experience and their investments have created in excess of $400 billion dollars in equity value.
August takes a relatively unique approach, even within the early-stage venture community, by focusing on long-term deep technology bets driven by visionary entrepreneurs. Every venture capital firm makes tradeoffs when it establishes its investing priorities. Our priorities include
Great entrepreneurs: Although recruiting a good management team is often a prerequisite for long-term success, the firm's approach is to first and foremost work with visionary, passionate entrepreneurs who can drive the company and its products.
Deep Technology: Identifying the right product and market are essential components of any business plan. However, August specifically looks for companies that have deep technology and a sustainable advantage. We do not use consultants for our due diligence and attempt to understand our companies' products and technologies thoroughly.
Long-Term, Large Bets: Great companies are not created overnight, and much of the early years are spent sowing the right seeds in culture, strategy, and technology. The majority of the wealth created by our partners' investments is created after the companies go public. Due to the early-stage, hands-on focus, the partners make relatively few investments, and serve on an average of five boards each.
Howard Hartenbaum focuses on investments in enterprise and consumer software and services, wireless network solutions, and peer-to-peer technology. His current directorships include LucidPort, NearbyNow and Zimbio. He led the founding investment in Skype (acquired by eBay), and was also a former member of the board of directors where his achievement resulted in his joining the Forbes Midas List of top venture capitalists for the years 2006-2007. Prior to joining August Capital, Mr. Hartenbaum was a General Partner with Draper Richards. He also held positions at Hughes Electronics, where he was responsible for supporting business development, marketing and sales of satellite, information security and automotive technologies developed by HRL Technologies. He has also worked in engineering positions at Honda Motor Company and Teledyne Relays. Mr. Hartenbaum has worked overseas for a total of ten years in Luxembourg and Japan, is professionally fluent in Japanese and a graduate of M.I.T.
Official Website: http://www.svase.org/?q=node/1483
Added by svaseinfo on May 29, 2008