John Doerr: Seeking salvation and profit in greentech

2006-2007 Print

Thursday, 15 May 2008 09:39


Star Investors Heidi Roizen and Ann Winblad in Monaco

 

 

Friday, 02 March 2007

It was a special afternoon at the Yacht Club as the Monaco Venture Capital Association was honored to have both Ann Winblad and Heidi Roizen address members and their guests. Their wealth of experience was evident as they shared their insights on the industry, the opportunities and its challenges. Intuition never goes without rigorous analysis. Picking the right people and building the best teams never goes without intuition.

From the impact of Sarbanes Oxley to the importance of partnerships, the two speakers built on each other's presentations to offer a complete picture of Silicon Valley's investment landscape. And beyond, as Heidi Roizen had attended a Board meeting of the NVCA just the day before.

Winblad who cofounded Hammer Winblad Venture Partners is one of the most successful venture investors in Silicon Valley. With over 25 years of experience in software as an entrepreneur and investor, she built a phenomenal track record. From founding Open Systems, a top selling accounting software firm to building Hummer Winblad, she has created stellar financial value. Ann shared many insights on both her entrepreneurial and her investment carreer with our MVCA members.

Heidi Roizen became Managing Director of Mobius Venture Capital in 1999. Mobius financed such household names as Yahoo, Verisign and Etrade. Roizen also preceded her carreer as an investor by building successful companies. She co-founded the software company T/Maker, was financed by her friend Winblad and served for over a decade as CEO.

The key to the success of Winblad and Roizen lies in their consistency. Year after year they are able to connect with the winners and help them build the companies that often effect change and create superior value. It was a privilege to have them as our guests.


MVCA hold its first Best Practice Seminar with Co-investment Opportunities for its Members

 

Thursday, 22 February 2007

The session started with a discussion on “best practice” in initial sourcing and pre-screening deals. Seventeen Members were participating and sharing their experience in this regard.

As the title implies, this event is a chance for Members to be introduced to entrepreneurs offering co-investment opportunities and seeking capital. We had the pleasure to have two companies presenting.

Information on those co-investments opportunities are posted in the Members area section only as this event is exclusively for Members.

Next Best Practice Seminar with Co-investment Opportunities is taking place on 26 March 2007.


MVCA New Year Meeting

Monday, 15 January 2007

 

MVCA hosted its New Year Meeting in the evening of 15 January 2007 in Monaco. Twenty eight members participated.

Mr. Barend van der Vorm, President of MVCA, started his speech by welcoming the new members and introducing the MVCA board and team members.

He continued with presenting the 2007 activities plan. A target of ten to fifteen events was announced for 2007: from best-practice conferences including co-investment opportunities, to trend events in specific industries, lunches with guest-speakers as well as round tables on Private Equity.

In his speech, the president underlined MVCA’s goal to create tangible value for investors, associate members and Monaco at large through a thriving Private Equity and Venture Capital industry.


This was the first opportunity for MVCA members to meet and get to know each other, and for the MVCA board members to receive feedback from all members on the planned activities.

Many ideas and views were exchanged which will contribute the MVCA calendar of events and activities for the coming months. A very fruitful meeting!

The evening took place in a very pleasant atmosphere leaving everybody “with lots of food for thought”

For more information on MVCA up-coming events please kindly check our quarterly calendar or contact Ms. Messaouda DJOHER.


 Inaugural Event

5 December 2006

MVCA hosted its inaugural event on the evening of December 5 with a cocktail dinatoire. A large number of active investors based in Monaco joined. They came to critically listen if MVCA can in fact contribute to the growth of private equity in the Principality and in joining as a member if the Association would respond to their needs. Their backgrounds are diverse in nationalities and investment interests: from seed money, venture capital to buy-out transactions.

Present among the ninety guests were representatives from the Cabinet and the Government of Monaco, Mr. Castellini, Conseiller du Cabinet Princier, Mrs. Thévenoux, Directeur Général du Département des Finances et de l'Economie, and Mrs. Rosabrunetto, Directeur du Budget et du Trésor.

The Board of MVCA was happy with the participation of advisors, accountants and lawyers based in Monaco as these professionals play such an important role in the success and development of private equity in the Principality. Private equity can also contribute to their success. During one of the speeches it was noted the European private equity firms in 2005 alone had paid 2,5 billion Euro in fees to advisors and investment bankers.

Also notably present from the Monegasque banking and financial services community were HSBC, ING, Merrill Lynch, and Monaco Asset Management who all indicated their wish to join the Association.

With thirty-three expressions of interest gathered at the inauguration, a total of thirty-nine organizations and individuals will join the Association and contribute to the vision of HSH Prince Albert II to develop an active and thriving private equity community in the Principality. A good first step of an ambitious journey.

For further questions about the event or about membership, please contact Ms. Messaouda DJOHER.

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