Kauffman Fellows Program Selects New Members of Class 12 Representing Quality Lineup of Top-Tier Firms

Press Release

Wednesday, May 23, 2007

Menlo Park, CA (May 23, 2007) -- The Kauffman Fellows Program at The Center for Venture Education announced today the members of the Program’s 12th class. The members of the new class, who represent a highly diverse spectrum of backgrounds spanning the globe, include Fellows at firms located in Australia, India, Japan, Sweden, Switzerland, the UK, and Vietnam, as well as in the United States.  This new class of Fellows formally begins the two-year program at the annual Affinity Conference in the San Francisco Bay Area this July.

Class 12 adds an impressive group of firms new to the Kauffman Fellows Program including Charles River, Ascend, ATV, Bridgescale, Flagship, IDG (via their India and Vietnam affiliates), ProQuest, Radius, and Safeguard Scientifics. Returning to the program once again are other significant players in the industry, including: Sofinnova, Vantage Point, Canaan, Highland, Intel, Kleiner Perkins, Novartis, and USVP. Five Kaufmann Fellows from previous years – Brent Ahrens, Steven Bloch, Staffan Helgesson, Risa Stack, and Nelson Stacks - have also decided to return as mentors for Class 12. "The Kauffman Fellows Program has been grooming the future leaders of top-tier venture firms since 1994. The commitment from such a large number of Kauffman Fellows to return as mentors is a testament to the benefits they received from the program and the value they see for new participants," said Patrick Von Bargen, CEO of the Center for Venture Education.

The quality of the Fellows continues to advance.Fellows in the new class have significant operating experience, ranging from two to 16 years, including 22 MBAs, 9 MSs, 3 MDs, 1 JD, and 1 PhD. During their fellowships, 14 Fellows will specialize in information technology, 10 in the life sciences, and 2 as generalists. These fellows hold 115 patents and have been on the founding teams of 19 start ups.

The Fellows in Class 12 were selected from a rich pool of applicants from all over the world. The program has two selection channels: the "affiliate" channel, whereby venture firms nominate a current employee for the program, and the "matching" channel, where candidates apply individually to the program and interview with firms interested in hiring a new venture professional. To provide more flexibility to both venture firms and applicants, the Kauffman Fellows Program this year introduced a new year round recruiting process. Applicants interested in participating in the new fall recruiting process should submit their applications by June 15, 2007.

Here are the Class 12 Fellows, the venture firms at which they will work, and their firm mentors:

Fellow Name

Firm

Mentor

Lakshmikanth Ananth Bridgescale Partners Rob Chaplinksy
Alessandro Araldi CSK Ventures Makoto Kaneshiro
Manik Arora IDG India Sudhir Sethi
Amy Belt ATV Mike Carusi
Jay Boddu Sofinnova Eric Buatois
Fredrik Cassel Creandum Staffan Helgesson
Michael Diem SR One Philip Smith
Simone D'Souza Ascend Darryl Wash
Graham Gardner Highland Robert Higgins
Kevin Greene Flagship Jim Matheson
Florent Gros Novartis Reinhard Ambros
Victor Hwang T2 Ventures Brad Jones
Dimitri Laskoski ProQuest Jay Moorin
Michael Madison Angels Forum/Halo Fund Carol Sands/Phil Schlein
Matthew Morgan QBF/QIC Nelson Stacks
Ted Maidenberg USVP Arati Prabhakar
Koichiro Nakamura Mitsubishi Koichi Komatsu
James O'Connell Safeguard Scientifics Gary Kurtzman
Jessica Owens Kleiner Perkins Risa Stack
John Pacifico Canaan Brent Ahrens/Stephen Bloch
Sanuj Ravindran Radius Ventures Jordan Davis
David Rolf Vantage Point Eric Ver Ploeg
Robert Rueckert Intel Capital Keith Larson
TJ Rylander In-Q-Tel Steve Bowsher
Brian Trelstad Acumen Fund Hunter Boll
James Vuong IDG Vietnam Henry Nguyen
Susan Wu Charles River Bill Tai

The 24-month Kauffman Fellowship is designed to develop and network emerging leaders in the venture capital industry globally. The program provides a rigorous learning and development experience connecting the best of adult learning theory with the needs of contemporary venture capitalists and features interactivity through case-based activities.  The Fellowship features a structured educational curriculum, with an individual development plan, development coaching, facilitated mentoring, peer learning and networking, and a focus on giving back and one's responsibility as a leader in VC.

Ninety Fellows have graduated since the inception of the Kauffman Fellows Program. Close to eighty percent of them still work in venture capital, with 70% as general partners. Eleven have founded their own firms with more in the process. In addition, another 21 Kauffman Fellows will graduate at this year’s Affinity Conference at the Westin San Francisco Airport in the San Francisco Bay Area, July 12th. Their graduation will coincide with the official start of the Fellowships of members of Class 12.

 

About The Kauffman Fellows Program

Founded in 1994, the Kauffman Fellows Program is an educational program designed to identify, develop and network future leaders of the venture capital industry globally. In July 2002, the Program was spun out from the Kauffman Foundation and placed under the aegis of the newly created Center for Venture Education. The Center, a non-profit, post-graduate educational institute, has expanded the program nationally and internationally to fulfill its mission of identifying, developing and networking the future leaders of the venture capital industry globally. During the first ten years of the program alone, Kauffman Fellows led investments of more than $3.6 billion in 417 companies, sparking $10.8 billion in annual revenues and the creation of 42,000 jobs, and since then those numbers have continued to grow exponentially. For more information, visit www.kauffmanfellows.org.