Archive | June, 2010

June 24th S2S: The New Venture

The venture capital industry in the midst of a dramatic transition as prominent firms have shut down and new ones have risen. What’s going to happen? Does it change how entrepreneurs should work with Angels and VCs? Does it change how they should choose firms?

We’ve asked three great–and outspoken–investors to give help us figure out what it all means. John Malloy (BlueRun), David Lee (SV Angels) and Steve Harrick (IVP) have invested in startups like PayPal, MySQL, Twitter, Spiceworks, Hunch and Slide. They’ll give a candid inside view into what the landscape looks like now for VCs and what has changed–and what has not changed–in the way that startups should raise money and find partners.

Join us for a lively panel and discussion on the new VC at our first dinner of the summer.

Steve Harrick

Steve Harrick joined Institutional Venture Partners (IVP) in October 2001 and has over twelve years of venture capital experience. He focuses on investing in later-stage technology companies with exceptional growth potential. Steve was recognized by Forbes Magazine as one of the top 100 venture capitalists in the world by his inclusion in the 2009 Forbes Midas List. He was also recognized by AlwaysOn as one of the top 100 venture capitalists by his inclusion in the AlwaysOn 2009 VC 100 List.

Steve led IVP’s investments in Aster Data Systems, Business.com (acquired by R.H. Donnelley Corp.), CafePress.com, eHealth (EHTH), MarkMonitor, Motion Computing, MySQL (acquired by Sun Microsystems, Inc.), RGB Networks, Spiceworks, Teros (acquired by Citrix Systems, Inc.), Tripwire, Varolii and WebEx (WEBX). He was actively involved in IVP’s investments in ArcSight (ARST), Danger (acquired by Microsoft Corp.) and Yext. Steve currently serves on the Board of Directors of MarkMonitor and Spiceworks and is a Board Observer for Aster Data Systems, Tripwire and Varolii.

David Lee

David Lee is General Partner of SV Angel, an angel fund that focuses on investments in the consumer Internet, mobile, video and other IT industries. Some current investments include Twitter, Hunch.com, StackOverflow, NowMov and DailyBooth. Prior to SV Angel, he was a partner at Baseline Ventures, a leading seed-stage investment firm with investments in companies like TrialPay, Aardvark (acquired by Google), Heroku and Weebly. He also had business development leadership positions at StumbleUpon and Google, and was an attorney at Morrison and Foerster representing high-tech companies in commercial transactions. He is a graduate of Johns Hopkins, NYU (JD) and Stanford (MSEE), where he was a National Science Foundation Graduate fellow.

John Malloy

John is a General Partner and co-founder of BlueRun Ventures, formed in 1998. John’s commitment to entrepreneurs and their market vision is reflected by his thoughtful, passionate and consistent efforts to help founding teams reach the full potential of their endeavors.

John brings global operations and marketing experience into such investment areas as internet services, digital media and mobile broadband services. He has more than 20 years’ experience as an executive, entrepreneur, investor, and director of venture-backed start-ups, and has served on the boards of more than 20 companies. Most notably, he was the first venture investor and board member in Paypal, for which he was named on Forbes’ Midas List of Top Venture Capitalists.

Some of John’s current investments and boards include Chomp, Slide, Topsy, Varolii and FusionOne.

Prior to founding BRV, John served in management and executive roles with Nokia, Go Communications and MCI. He holds a J.D. from George Mason University and B.A. from Boston College.