| Chamber of Commerce International Consortium For Entrepreneurs |
CCICE Events
| To Sell or Not To Sell |
June 29, 2010
Time: 6:00p.m.– 6:30p.m. Registration
6:30p.m. – 8:30p.m. Program begins
Venue:
Fenwick & West LLP, Silicon Valley Center
801 California Street, Room 101, Mountain View, CA. 94041
General Event Information:
FREE for CCICE Members (join CCICE)
Member Register at ccice-event@ccice.org
$30 Members of Affiliate Organizations
$40 Non-Members
$10 Live webcast - (if you can not attend watch the program live)
http://ccice.tv/equityfinance
$50 At the door
M&A or Down Round on New Equity Financing?
As the global economy is recovering, companies are trying to make ends
meet while they wait for their business to deliver on its potential. The
company might own Intellectual Property on a product, or on a process in
the service industry, or have significant future potential. However, their last
quarter results do not look good. At what point should such a start-up
company consider an exit?
Join us to learn more from a panel of experts of when is the best time to
consider selling your company. Hear the view points of the Investor in the
Venture Capital community describe their role in the decision to sell, the
legal insights by experienced lawyers working in this sector, an Investment
Banker who makes the deal, the voice of the seller and the voice of the
buyer that have gone through this difficult decision process.
This panel will discuss areas that include:
• When to sell?
• How do you identify the target buyer?
• Is corporate acquisition the best M&A exit model?
• Deal breakers?
• How to persuade your team to sell?
• And much more.
Introduction: Lois Wong, Business Development VP, CCICE
Moderator:
Investment Banker:
Rudy Burger, Managing Partner, Woodside Capital Partners
Panelists:
Venture Capital:
Henry Wong, Venture Partner, Garage Technology Venture
Voice of the Seller:
Didier Lacroix, CEO, Silicon Clocks (Acquired by Silicon Labs)
Voice of the Buyer:
Jeff Herbst, VP of Business Development, NVIDIA
Legal
Gregory Roussel, Partner, Fenwick & West
Bio's
Rudy Burger is a leading expert in digital technologies and international
business development. Over the past twenty-five years, he has founded
companies in the US, run a European public company, and served as a
senior executive for two global 500 companies - EVP and CTO for NEC
Packard Bell and VP Software for Xerox. He is an effective, dynamic leader
with a proven track record in strategic planning, change management, and
business development.
Prior to Woodside Capital Partners, Rudy led the restructuring of Scipher plc
which involved the sale of all of the company's operating businesses. Prior
to Scipher, Rudy was the founding CEO of Media Lab Europe, a $40M joint
venture between MIT and the Irish government.
Rudy has founded five companies, all in the digital media technologies
sector.
In addition to being a partner of Woodside Capital Partners, Dr. Burger
serves on the boards of several US and overseas companies including
Quester Capital Management and Motorola's Research Board. Rudy has a
BSc and MSc from Yale University and a PhD from Cambridge University.
Henry H. Wong found Diamond TechVentures and a Venture
Partner at GarageTechnology Ventures has resided in China & Silicon
Valley for the last 25 years. From being a Serial Entrepreneur to a
Venture Capitalist, Wong is in a unique position where he can fully utilize
his operational experience, and investment talent to help build
companies with a global vision and encourage entrepreneurship.
In his prior Fund, Crystal Ventures, Wong was active with portfolio
companies including SMIC, LGC Wireless, Infinera, and Exavio. A
seasoned investor and entrepreneur, Wong has succeeded as the
founder, chairman & CEO of SS8 Networks Inc., IP Communications,
XaQti Semiconductor, CNet Technology Inc., and Combinet (ISDN
Systems). His success, experience and leadership are invaluable in his
role as an Investor, Serial Entrepreneur and mentor in Silicon Valley.
In 2002, Wong was the finalist to receive the “Entrepreneur of the Year
Award”. Wong is an Advisor to 6 non-profit organizations and is active
with community events. In education, Mr. Wong received a B.Sc. degree
in Business Administration (Major in Finance and Minor in Marketing)
from University of Utah 1980, and a MBA in Telecom Management from
Golden Gate University 1983. He is also a Mentor in the Stanford
Graduate School of Business GSB S-356 MBA Program, and a Team
Mentor in the Technology Venture Formation course MS&E 273 at
Stanford's School of Engineering.
Jeff Herbst is the Vice President of Business Development at Nvidia
Corporation, the world leader in visual computing technologies (and
inventor of the GPU) with yearly revenues of approximately $4.0 billion USD.
In this role, which he has held since 2001, Jeff leads Nvidia’s worldwide
business development efforts, including overall ecosystem development,
mergers and acquisitions strategy, investments, partnerships and other
strategic business relationships and transactions.
Prior to Nvidia, Jeff was the worldwide head of corporate and business
development at AltaVista, and also served as general manager for a start-
up focused on content delivery infrastructure for wireless networks.
Earlier in his career, Jeff was a partner with the law firm of Wilson Sonsini
where he specialized in corporate finance, joint ventures, mergers and
acquisitions and other strategic business and intellectual property-related
transactions.
Jeff holds a B.S degree in Computer Science from Brown University, and a
law degree from Stanford Law School.
Gregory Roussel is a partner in the Mountain View Office. His practice
concentrates on mergers, acquisitions and other strategic transactions
involving technology companies. He has extensive experience with clients
in the software, video game, social networking and mobile application
sectors. Mr. Roussel also counsels companies on corporate governance
matters and takeover defenses.
Some of Mr. Roussel's representative transactions include: VeriSign's
merger with Network Solutions Macromedia's merger with Adobe Systems;
Data Domain's merger with EMC; TellMe Networks's acquisition by
Microsoft; Lexar Media's merger with Micron Technology; Shopping.com's
merger with Ebay; VeriSign's Jamba! joint venture with News Corp./Fox
Entertainment Group; Micron Electronic's merger with Interland; VeriSign's
sale of its payment processing business to EBay; Photobucket's acquisition
by Fox Interactive Media; BioWare Corp.'s acquisition by VG Holdings (an
Elevation Partners holding company); VeriSign's sale of its registrar
business to Pivotal Private Equity LLC; Facebook's acquisition of
FriendFeed; StumbleUpon's acquisition by EBay; VeriSign's acquisition of
InCode Telecom Group; Glu Mobile's acquisition of China MIG; Electronic
Arts's acquisition of Rupture; Capcom's acquisition of Cosmic Infinity;
Dotspotter's acquisition by CBS Interactive; Numerous other acquisitions
and strategic investments for Electronic Arts and VeriSign.
Mr. Roussel has a J.D. and editor of Vanderbilt Law Review, 1998 from
Vanderbilt University Law School, a B.B.A., in finance, and B.A., in
economics, 1995 from Southern Methodist University. He is also a Member
of the State Bar of California.
6:30p.m. – 8:30p.m. Program begins
Venue:
Fenwick & West LLP, Silicon Valley Center
801 California Street, Room 101, Mountain View, CA. 94041
General Event Information:
FREE for CCICE Members (join CCICE)
Member Register at ccice-event@ccice.org
$30 Members of Affiliate Organizations
$40 Non-Members
$10 Live webcast - (if you can not attend watch the program live)
http://ccice.tv/equityfinance
$50 At the door
M&A or Down Round on New Equity Financing?
As the global economy is recovering, companies are trying to make ends
meet while they wait for their business to deliver on its potential. The
company might own Intellectual Property on a product, or on a process in
the service industry, or have significant future potential. However, their last
quarter results do not look good. At what point should such a start-up
company consider an exit?
Join us to learn more from a panel of experts of when is the best time to
consider selling your company. Hear the view points of the Investor in the
Venture Capital community describe their role in the decision to sell, the
legal insights by experienced lawyers working in this sector, an Investment
Banker who makes the deal, the voice of the seller and the voice of the
buyer that have gone through this difficult decision process.
This panel will discuss areas that include:
• When to sell?
• How do you identify the target buyer?
• Is corporate acquisition the best M&A exit model?
• Deal breakers?
• How to persuade your team to sell?
• And much more.
Introduction: Lois Wong, Business Development VP, CCICE
Moderator:
Investment Banker:
Rudy Burger, Managing Partner, Woodside Capital Partners
Panelists:
Venture Capital:
Henry Wong, Venture Partner, Garage Technology Venture
Voice of the Seller:
Didier Lacroix, CEO, Silicon Clocks (Acquired by Silicon Labs)
Voice of the Buyer:
Jeff Herbst, VP of Business Development, NVIDIA
Legal
Gregory Roussel, Partner, Fenwick & West
Bio's
Rudy Burger is a leading expert in digital technologies and international
business development. Over the past twenty-five years, he has founded
companies in the US, run a European public company, and served as a
senior executive for two global 500 companies - EVP and CTO for NEC
Packard Bell and VP Software for Xerox. He is an effective, dynamic leader
with a proven track record in strategic planning, change management, and
business development.
Prior to Woodside Capital Partners, Rudy led the restructuring of Scipher plc
which involved the sale of all of the company's operating businesses. Prior
to Scipher, Rudy was the founding CEO of Media Lab Europe, a $40M joint
venture between MIT and the Irish government.
Rudy has founded five companies, all in the digital media technologies
sector.
In addition to being a partner of Woodside Capital Partners, Dr. Burger
serves on the boards of several US and overseas companies including
Quester Capital Management and Motorola's Research Board. Rudy has a
BSc and MSc from Yale University and a PhD from Cambridge University.
Henry H. Wong found Diamond TechVentures and a Venture
Partner at GarageTechnology Ventures has resided in China & Silicon
Valley for the last 25 years. From being a Serial Entrepreneur to a
Venture Capitalist, Wong is in a unique position where he can fully utilize
his operational experience, and investment talent to help build
companies with a global vision and encourage entrepreneurship.
In his prior Fund, Crystal Ventures, Wong was active with portfolio
companies including SMIC, LGC Wireless, Infinera, and Exavio. A
seasoned investor and entrepreneur, Wong has succeeded as the
founder, chairman & CEO of SS8 Networks Inc., IP Communications,
XaQti Semiconductor, CNet Technology Inc., and Combinet (ISDN
Systems). His success, experience and leadership are invaluable in his
role as an Investor, Serial Entrepreneur and mentor in Silicon Valley.
In 2002, Wong was the finalist to receive the “Entrepreneur of the Year
Award”. Wong is an Advisor to 6 non-profit organizations and is active
with community events. In education, Mr. Wong received a B.Sc. degree
in Business Administration (Major in Finance and Minor in Marketing)
from University of Utah 1980, and a MBA in Telecom Management from
Golden Gate University 1983. He is also a Mentor in the Stanford
Graduate School of Business GSB S-356 MBA Program, and a Team
Mentor in the Technology Venture Formation course MS&E 273 at
Stanford's School of Engineering.
Jeff Herbst is the Vice President of Business Development at Nvidia
Corporation, the world leader in visual computing technologies (and
inventor of the GPU) with yearly revenues of approximately $4.0 billion USD.
In this role, which he has held since 2001, Jeff leads Nvidia’s worldwide
business development efforts, including overall ecosystem development,
mergers and acquisitions strategy, investments, partnerships and other
strategic business relationships and transactions.
Prior to Nvidia, Jeff was the worldwide head of corporate and business
development at AltaVista, and also served as general manager for a start-
up focused on content delivery infrastructure for wireless networks.
Earlier in his career, Jeff was a partner with the law firm of Wilson Sonsini
where he specialized in corporate finance, joint ventures, mergers and
acquisitions and other strategic business and intellectual property-related
transactions.
Jeff holds a B.S degree in Computer Science from Brown University, and a
law degree from Stanford Law School.
Gregory Roussel is a partner in the Mountain View Office. His practice
concentrates on mergers, acquisitions and other strategic transactions
involving technology companies. He has extensive experience with clients
in the software, video game, social networking and mobile application
sectors. Mr. Roussel also counsels companies on corporate governance
matters and takeover defenses.
Some of Mr. Roussel's representative transactions include: VeriSign's
merger with Network Solutions Macromedia's merger with Adobe Systems;
Data Domain's merger with EMC; TellMe Networks's acquisition by
Microsoft; Lexar Media's merger with Micron Technology; Shopping.com's
merger with Ebay; VeriSign's Jamba! joint venture with News Corp./Fox
Entertainment Group; Micron Electronic's merger with Interland; VeriSign's
sale of its payment processing business to EBay; Photobucket's acquisition
by Fox Interactive Media; BioWare Corp.'s acquisition by VG Holdings (an
Elevation Partners holding company); VeriSign's sale of its registrar
business to Pivotal Private Equity LLC; Facebook's acquisition of
FriendFeed; StumbleUpon's acquisition by EBay; VeriSign's acquisition of
InCode Telecom Group; Glu Mobile's acquisition of China MIG; Electronic
Arts's acquisition of Rupture; Capcom's acquisition of Cosmic Infinity;
Dotspotter's acquisition by CBS Interactive; Numerous other acquisitions
and strategic investments for Electronic Arts and VeriSign.
Mr. Roussel has a J.D. and editor of Vanderbilt Law Review, 1998 from
Vanderbilt University Law School, a B.B.A., in finance, and B.A., in
economics, 1995 from Southern Methodist University. He is also a Member
of the State Bar of California.
| Participants: |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
Event Recording at:
http://ccice.tv/category/to-sell-or-not-to-sell
http://ccice.tv/category/to-sell-or-not-to-sell