The Center for Venture Education Home of the Kauffman Fellows Program FELLOWS 12 RECRUITMENT PRESENTATION www kauffmanfellows org Program Goals

							        The Center for
        Venture Education

Home of the Kauffman Fellows Program
  FELLOWS 12 RECRUITMENT
       PRESENTATION

        www.kauffmanfellows.org
             Program Goals

• Educate, develop and network the next generation of
  leaders in the Venture Capitalist process
• Cultivate future leaders of venture-backed companies



“Enhancing the Human Investment in the Venture
          Capital Process Globally”
    Kauffman Fellows...
Making a BIG Impact Globally
          Enhancements to the Program


• International applicants

• Affiliated application process

• Extended selection process

• Negotiated salary
           Enduring Components of
                the Program
• World class fellows, firms, and mentors

• Rigorous selection process

• Full immersion educational experience

• Incomparable network

• Mentoring by a seasoned and successful partner
          Kauffman Fellows Alumni
• 80% of Fellows Alumni have remained in Venture
  Capital or Private Equity – large percentage with
  their Fellowship firm
   – 75% are General Partners
   – 7 have founded VC Firms; many others in
     process
• 8 Growth Company CEOs
• 1 Hedge Fund Founder
• 1 Academic
           Program Description
• 24-month, full-time commitment with a
      venture capital firm
• Fellow is: employee of the firm & student of the CVE
• Industry targeted experience-based learning
   – Includes “Best Practices” for VC industry
   – Customized leadership development
• Mentoring by seasoned partners and program
      faculty
• Fellows network for shared learning
            Structured
      Educational Component

• Mentoring by seasoned partners

• Individually tailored learning plans

• Industry-targeted learning modules

• Field project
 Kauffman Fellows Faculty
– Steve Kaplan
– Neubauer Family Professor of Entrepreneurship and
  Finance –
    University of Chicago Graduate School of Business



– Brian Dovey
– General Partner, Domain Associates
– Teaches Entrepreneurship Class at San Diego State
  University
         Benefits for VC’s

• Top caliber talent
• Inclusion in a premier emerging leadership
  network
• Enhanced syndication & deal flow
• Use of KFP leadership tools within firms
• Planning for succession
                   Fellows 1-11 Mentor Firms

                                           Creandum
    Accel                                  Stockholm,
   Amadeus                                  Sweden
      3i
London,England                           Wellington
                                      Partners Ventures
                                      Munich, Germany

       EMBL
      Ventures                           Novartis
     Heidelberg,                        BioVenture
      Germany                        Basel, Switzerland
                   Fellows 1-11 Mentor Firms

 Delta Private
                                                  Itochu Corp.
    Equity
                                                  Tokyo, Japan
Moscow, Russia
                                RUSSIA
Gemini Israel
    Funds,                                        Granite Global
Tel Aviv, Israel




                                         JAPAN
                                                     Ventures
                                                  Shanghai, China
                                CHINA
  Sequoia
Capital India,
 Bangalore,             INDIA                     HSBC Private
    India                                         Equity Limited
                                                 Hong Kong, China
         Fellows 1-11 Mentor Firms
                  (Africa)




Databank Private
  Equity, Ltd.
 Ghana, Africa
                                  Fellows 1-11 Mentor Firms
                                                        MIDWEST
                                                                                                     BOSTON
                          NORTHWEST              ARCH        KC Equity Partners
                                               Blue Chip        Morgenthaler                     3i             Seaflower
                           Accelerator                                                        Advent         SV Life Sciences
                             ARCH              CID Equity        RiverVest
                                              EDF Ventures         Sprint                     Battery        Spectrum Equity
                            Olympic                                                    Fidelity BioScience         TVM
                                                              Venture Investors
                                                                                           OneLiberty        VIMAC Ventures
BAY AREA                                                     Wind Point Partners          MPM Capital        Weston Presidio
Aberdare Ventures                                                                         Morgenthaler       Highland Capital
Angels Forum/Halo Funds
                                                                                       Novartis BioVenture
Applied Ventures
Alta Partners                                                                                 Prism

BA Ventures
Blueprint Ventures
CMEA                                                                                                         CT/NY/NJ/
Draper Fisher Jurvetson                                                                                      Apax
Emergence Capital Partners                                                                                   Battelle Ventures
Gabriel                                                                                                      Canaan
Granite Global
Intel Capital
                                                                                                             Cardinal
In-Q-Tel                                                                                 PA/MD/VA            Domain
Kleiner Perkins                                                                           Gabriel            Flatiron
Morgenthaler
                             SOUTHERN CAL                                                  Global            J.P. Morgan
NEA                                                                                     Environment          L Capital Partners
Skyline                      Clearstone
                                        TX, CO, NM, AZ                                     Fund              Oak
Spectrum Equity              Domain
                                        ARCH                                             MASA LS             Sprout Group
SV Life Sciences             Sofinnova
TL Ventures                             Austin Ventures                SOUTHEAST        Mid-Atlantic         Tullis-Dickerson
Unilever Tech. Ventures                 Centennial Ventures            Alliance Tech        NEA              Venrock
USVP                                    Flywheel Ventures               Intersouth        S.R One            Whitney & Co.
Vantage Point                           RCT-Arizona                     Kitty Hawk       Red Abbey
Venrock
                                        Sequel Venture Partners                           Valhalla
Weston Presidio
            Minimum Application
               Requirements

• Graduate degree (preferably in Business, Medicine,
  Science, Healthcare or Technology)

• Five years full-time work experience

• US citizenship NO LONGER a requirement
                   Fellows Criteria
•   5 years successful operating experience
•   Deep domain expertise in a specific field
•   Demonstrated leadership (people and/or projects)
•   Understanding of, and strong desire to be part of the
        venture building process
•   Maturity, willingness to take risks
•   Strong analytical skills
•   Exposure to entrepreneurship and/or company growth
•   Independent, comfortable with ambiguous
        environments
•   Significant interpersonal skills
•   Unquestioned integrity
           Fellows 8, 9, 10 & 11
Of the 70 Kauffman Fellows in Classes 8, 9, 10 & 11:
• Range of 3-20 years operating experience in IT or Life
  Sciences:
• 52 have MBAs
• 25 have Ph.D.s; 10 MDs; 4 JDs
• 67 different start-up companies are represented in total
• 33 were founders or inventors
• 93 patents held
• 1 received a UN Peace Medal and 1 trained under a Nobel
  Prize Winner.
             Selection Goals

• Class 12 will accept approximately 30 Fellows
• Class is made up of…
   – Wide variety of diverse professionals from
     around the world
• Class selected to create optimum learning
  community
              Fellows 12 Timeline
               Matching Process

• Application Deadline       November 1, 2006

• Semi-Finalist Interviews   January, 2007

• Finalist Selection Event   March 7-8, 2007

• Affinity Conference        July 11-13 , 2007
          Fellows 12 Timeline
           Affiliated Process
• Application Deadline   January 31, 2007

• Interview Process      March/April 2007

• Affinity Conference    July 11-13 , 2007
   Kauffman Fellows Program

       Application dates:

November 1, 2006              Matching
January 31, 2007              Affiliated
    For more details and bios of all
         Fellows and alums
          Visit our website:
   www.kauffmanfellows.org
             Fellows Mentor Firms
3i                             Waltham, MA
Aberdare Ventures              San Francisco, CA
Accel Partners                 London
Accelerator Corp.              Seattle, WA
Advent International           Boston, MA
Alliance Technology Ventures   Atlanta, GA
Alta Partners                  San Francisco, CA
Amadeus Capital                London
Angels’ Forum/Halo Funds       San Francisco, CA
Apax Partners, Inc.            New York, NY/Palo Alto, CA
Applied Ventures               Santa Clara, CA
ARCH Venture Partners          Chicago, IL/Seattle, WA
Austin Ventures                Austin, TX
Battelle Ventures              Princeton, NJ
Battery Ventures               Wellesley, MA/San Mateo, CA
BA Venture Partners            Foster City, CA
Blue Chip Venture Co.          Cincinnati, OH
Blueprint Ventures             San Francisco, CA
Canaan Partners                Rowayton, CA
Cardinal Partners              Princeton, NJ
Centennial Ventures            Denver, CO
                Fellows Mentor Firms
CMEA Ventures                   San Francisco, CA
CID Equity Partners             Columbus, OH
Clearstone Venture Partners     Menlo Park, CA
Creandum                        Stockholm
Databank Private Equity, Ltd.   Accra, Ghana
Delta Private Equity Partners   Moscow
Domain Associates               Princeton, NJ/Laguna Niguel, CA
Draper Fisher Jurvetson         Redwood City, CA
EDF                             Ann Arbor, MI
EMBL Ventures, Heidelberg       Heidelberg, Germany
Emergence Capital Partners      San Mateo, CA
Fidelity BioSciences            Cambridge, MA
Flatiron Partners               New York, NY
Flywheel Ventures               Albuquerque, NM
Gabriel Venture Partners        Annapolis, MD/Redwood Shores, CA
Gemini Israel Funds             Herzilya, Israel
Global Environment Fund         Washington DC
Granite Global Ventures         Menlo Park, CA & Singapore
Highland Capital Partners       Lexington, MA
HSBC Private Equity             Hong Kong
                Fellows Mentor Firms
In-Q-Tel                           Menlo Park, CA
Intel Capital                      Santa Clara, CA
Itochu Corporation                 Tokyo, Japan
Intersouth Partners                Research Triangle Park, NC
J.P. Morgan Capital Ptrs.          New York, NY/San Francisco
Kansas City Equity Ptrs.           Kansas City, MO
Kitty Hawk Capital                 Charlotte, NC
Kleiner Perkins Caufield & Byers   Menlo Park, CA
L Capital Partners                 New York, NY
MASA Life Science Ventures         Washington DC
Mid-Atlantic Venture Funds         Reston, VA
MPM Capital                        Munich, Germany & Boston, MA
Morgenthaler Ventures              Cleveland, OH
New Enterprise Associates          Reston, VA/Menlo Park, CA
Novartis Venture Fund              Cambridge, MA
Oak Investment Partners            Westport, CT
OVP                                Seattle, WA
OneLiberty Ventures                Boston, MA
ONSET Ventures                     Menlo Park, CA
Prism Venture Partners             Boston, MA
RCT                                Tucson, AZ
             Fellows Mentor Firms
Red Abbey Venture Partners   Lutherville, MD
RiverVest Venture Partners   St. Louis, MO
Seaflower Ventures           Waltham, MA
Sequel Venture Partners      Boulder, CO
Sequoia Capital              Bangalore, India/Foster City, CA
SV Life Sciences             Boston, MA/Menlo Park, CA
Skyline Ventures             Palo Alto, CA
Sofinnova Ventures           San Francisco, CA
Spectrum Equity Investors    Boston, MA/Menlo Park, CA
Sprint Nextel                Overland Park, KS
Sprout Group                 New York, NY
S.R. One                     West Conshohocken, PA
SV Life Sciences             Boston, MA/Foster City, CO
TL Ventures                  Wayne, PA
Tullis-Dickerson & Co        Greenwich, CT
TVM Capital                  Boston, MA
             Fellows Mentor Firms

Unilever Technology Partners    San Francisco, CA
U.S. Venture Partners           Menlo Park, CA
Valhalla Partners               Vienna, VA
VantagePoint Venture Partners   San Bruno, CA
Venrock Associates              New York, NY/Menlo Park, CA
Venture Investors               Madison, WI
VIMAC Ventures                  Boston, MA
Wellington Partners             Munich, Germany
Weston Presidio Capital         Boston, MA/San Francisco, CA
Whitney & Co.                   Stamford, CT
Wind Point Partners             Southfield, MI
Woodside Fund                   Redwood Shores, CA
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  Fellows Program


 www.kauffmanfellows.org