BABC Northern California Events Calendar
2018 Funding, Exits and IPO's Presented by HSBC
Please plan to join us for the 7th Annual Funding, Exits and IPO's event on Wednesday, February 28th, 2018 at the Quadrus Center in Menlo Park. This event typically sells out quickly and seating is limited so REGISTER TODAY!
2017 was an interesting year for technology companies and the Silicon Valley Venture Capital community. In terms of companies funded and total funds deployed it was the biggest year since the dotcom boom with $84bn invested in almost 12,000 deals.
While the global IPO market celebrated its? biggest year since 2007, US technology company IPOs struggled with just 11 technology going public through Q3 including Snap!, OKTA, Cloudera and Roku. It seemed that a lot of companies were finding ways not to go public but a solid push in Q4, with a further 19 IPOs, gave a more respectable look to the year.
With the stage looking set for a year of confidence and growth in 2018, the markets took a dive in early February. Does this change anything for the Venture Capital and Technology Company community in Silicon Valley? Will it impact any plans for companies to go public this year?
Join us for an evening of lively, engaging and fun discussions and hear more about how things might work out for the technology community in 2018 and get a chance to ask questions to our panel of Venture Capitalists. We will see how accurate their 2017 forecasts were and will try to pin them down to some 2018 predictions too!
|BUSINESS CARD DRAWING:
With thanks to Air India and Taj Hotels, you could win two round trip tickets on Air India to New Delhi and onwards to Mumbai, plus two nights at the Taj Mahal New Delhi and Taj Santacruz Mumbai
Our Thanks to:
Partner, Canvas Ventures
Ranked #23 out of 100 top tech investors on Forbes’s 2015 Midas List, Rebecca Lynn is a General Partner at Canvas. She focuses on early-stage venture investments in AI, FinTech, digital health, SaaS, and mobile. Rebecca led Canvas’s investments in Casetext, CrowdFlower, HealthLoop, Roofstock, and Vida Health, and currently sits on the boards of each. She also led Canvas’s investment in Luminar, 11 Honore, as well as, FutureAdvisor which was acquired by BlackRock.
In 2007, Rebecca joined Morgenthaler Ventures and continues to serve on the boards of that firm’s portfolio companies. She led an early-stage investment in Lending Club (NYSE: LC), which was the largest US technology IPO of 2014 and the fourth largest US Internet IPO since 2001 behind Facebook, Twitter, and Google. She also led investments in Check (acquired by Intuit), RelateIQ (acquired by Salesforce), Doximity, Practice Fusion, and Convo. Rebecca is a board member of Lending Club, Doximity, Convo, and a board observer of Adara Media and Socrata.
Rebecca is a native of the Midwest, born and raised in Missouri and worked in Ohio for her first job out of college. She began her career at Procter and Gamble’s corporate headquarters in Cincinnati where she launched new products internationally.
She then joined NextCard in the San Francisco Bay Area as employee number 30, and rose up the ranks to become VP of Marketing and head of customer acquisition. During her four years at NextCard, Rebecca led product development efforts and managed one of the top-five largest online marketing efforts of that time. NextCard was the first online credit card company, and it went public in 2000 with a $1.3B market cap. After NextCard, she ran her own consulting business focused on online marketing for financial services and affiliate marketing.
Rebecca is a member of the California Bar Association and a member of the US Patent Bar, with a focus on intellectual property litigation and corporate law. She was published in the Berkeley Law and Technology Journal. Rebecca is also an inventor on several issued patents. She has a chemical engineering degree from the University of Missouri and a JD/MBA from the University of California at Berkeley.
She is active on the boards of the Economic Innovation Group (EIG), UC Berkeley’s SkyDeck, and Signature Innovation Fellows.
Managing Director, Garage Technology Ventures
Bill Reichert has over 30 years of experience as an entrepreneur and operating executive. Since joining Garage in 1998, Bill has focused on early-stage information technology and materials science companies. He has been a board director or board observer at CaseStack, WhiteHat Security, ClearFuels Technology, Simply Hired, MiaSole, D.light Design, ThermoCeramix, and VisaNow, among others.
Prior to Garage, Bill was a co-founder or senior executive in several venture-backed technology startups, including Trademark Software, The Learning Company, and Academic Systems. Earlier in his career, he worked at McKinsey & Company, Brown Brothers Harriman & Co., and the World Bank. Bill earned a B.A. at Harvard College and an M.B.A. from Stanford University. He was a founding board member and a Chairman of the Churchill Club, and a Board Member of the Silicon Valley Association of Startup Entrepreneurs. Currently he is the Chairman of the Small Fund Roundtable of the VC Taskforce and a member of the Council on Foreign Relations in New York.
Mitchell served as President of the Massachusetts Software Council from 1994 to 1996 and was 1990 chairman of the American Electronics Association. He is founder and former chairman of the Massachusetts Institute for a New Commonwealth (MassINC), a think tank focused on issues related to the standard of living and quality of life of America's middle class. He served on the New York State Commission on Industrial Competitiveness and chaired its task force on industrial policy.
Mitchell was awarded an honorary doctorate of humane letters from the University of Massachusetts, Lowell. He currently sits on the Boards of ASpireIQ, Five9, Flite, HubPages, NuoDB, and Palamida.
Managing Director, Sapphire Ventures
Jai is a managing director at Sapphire Ventures who invests in startups he believes are developing ground-breaking products and services in the areas of pervasive analytics, next-gen AI, software defined infrastructure, cloud and mobile computing, IoT and AR/VR. He has more than 15 years of experience helping companies innovate their product and marketing strategies in order to scale and become market leaders.
Jai is a member of the board (director or observer) at Alteryx (AYX), CloudHealth, JFrog, Narrative Science, Netskope, Portworx, PubNub, Socrata and Sumo Logic. His exits and IPO?s include Alteryx (AYX), Apigee (acquired by Google), Box (BOX), Control4 (CTRL), Cyphort (acquired by Juniper Networks), ExactTarget (acquired by Salesforce), Five9 (FIVN), GroundWork (acquired by Parallax), Jaspersoft (acquired by TIBCO Software), JustDial (JUSTDIAL), Mulesoft (MULE), MySQL (acquired by Oracle), Nutanix (NTNX), One97, Tealeaf (acquired by IBM) and Square (SQ). He is also closely involved with Catchpoint, Mirantis, Newgen Software, OpenX and Splashtop.
Prior to joining Sapphire Ventures in 2006, Jai worked at Intel Capital, Agilent Ventures (formerly Hewlett Packard) and MVC Capital (a Draper Fisher Jurvetson affiliate). He began his career as a software engineer at Oracle and then moved into product management. Jai has a BS in electrical engineering from Brown University and an MBA from University of Chicago?s Booth School of Business, where he received the George Hay Brown Prize for academic excellence.
West Coast Editor, The Financial Times