The Kauffman Fellows Program FELLOWS 13 RECRUITMENT PRESENTATION .

The Kauffman Fellows ProgramFELLOWS 13 RECRUITMENT

PRESENTATION

www.kauffmanfellows.org

To Identify, develop, and network

emerging leaders in the

venture capital industry globally

Program Mission

Kauffman Fellows...Making a BIG Impact

Globally

Changing the Face of Venture Capital

Nearly 80% are still in venture capital (vs. 50% for the industry on average)

70% of those remaining in VC are General Partners

9 are CEOs of entrepreneurial companies11 have started their own funds

Fellows’ Track Record of Success Continues…

Kauffman Fellows Program Continues to Accelerate …

6068

76

89

110

135

164

50

70

90

110

130

150

170

2001 2002 2003 2004 2005 2006 2007

Fellows

Industry Leadership250+ Kauffman Fellows around the globe

100+ General Partners

20+ new venture firms formed

20+ entrepreneurial companies founded

200+ Kauffman Mentors

Most quality VC firms globally have participated

By 2010 …

“Matching” Channel 200+ applications reduced to 30+ Finalists Matching Events … Followed by four weeks of additional interviews by

firms

“Affiliate” Channel Firm nominations, application, interviews Most Kauffman Fellows, and many previous

Finalists, join through Affiliate Channel

One Class, formed with domain cohort groups

To Identify potential leaders …

24-month Apprenticeship at a VC Firm

Individually Tailored Development Plans

Mentoring By Seasoned Partners

Industry-Targeted, Active Learning, and Intentional Networking Learning Modules

Leadership: Inter-personal Skill Development

Executive Coaching & Peer-to-Peer Education

Integrated International Components

Capstone Field Project

Developing Leaders

Kauffman Fellows Co-Deans

– 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

An Incomparable Network of Fellows, Mentors, and Strategic & Affinity Partners

Current Network: 164 Fellows and 165 Mentors

Addition of Strategic & Affinity PartnersDLA Piper, Dow Jones, Grant Thornton, VML

Comerica Bank, Entrepreneurs Foundation, PDC, Probitas Partners

And more to come

Trusted, confidential relationships -- and deals from the start …

Networking Leaders

Benefits for VC Firms

• Top caliber talent• Inclusion in a premier emerging leadership

network• Enhanced syndication & deal flow• Development of talent within the firm• Use of KFP leadership tools firm-wide• Planning for succession

Fellows 1-12 Mentor Firms

Creandum Stockholm,

Sweden

EMBL Ventures

Heidelberg, Germany

Wellington Partners Ventures

Munich, Germany

AccelAmadeus

3i London,England

Novartis BioVenture

Basel, Switzerland

Archangel InformalEdinburgh, Scotland

Fellows 1-12 Mentor Firms

HSBC Private Equity Limited

Hong Kong, China

Granite Global Ventures

Shanghai, China

C H I N A

INDIA

JAP

AN

Itochu Corp.

CSK Venture Capital

MitsubishiTokyo, Japan

Gemini Israel Funds,

Tel Aviv, Israel

Sequoia Capital India,

IDG India Bangalore,

India IDG Vietnam

Ho Chi Minh City, Vietnam

Fellows 1-12 Mentor Firms

Databank Private Equity, Ltd. 

Ghana, Africa

Fellows 1-12 Mentor Firms

Fellows 1-12 Mentor Firms

QBF/QICBrisbaneAustralia

Fellows 1-12 Mentor FirmsARCH

Blue ChipCID Equity

EDF VenturesKC Equity Partners

Morgenthaler

BAY AREAAberdare Ventures Angels Forum/Halo Funds Applied VenturesAlta PartnersATV

BA Ventures Blueprint VenturesBridgescale PartnersCharles RiverCMEA Draper Fisher Jurvetson Emergence Capital PartnersGabriel Granite Global Intel Capital In-Q-TelKleiner Perkins Morgenthaler NEA SkylineSofinnova Ventures Spectrum Equity SV Life Sciences TL VenturesUnilever Tech. Ventures USVP VantagePoint Venrock Weston Presidio Woodside Fund

3iAdventBattery

Fidelity BioScienceFlagship VenturesHighland Capital

OneLiberty MPM CapitalMorgenthaler

TX, CO, NM, AZARCHAustin VenturesCentennial VenturesFlywheel VenturesRCT-ArizonaSequel Venture Partners

NORTHWESTAccelerator

ARCHOlympic

CT/NY/NJ/AcumenApaxAscendBattelle VenturesCanaan CardinalDomain Flatiron J.P. Morgan L Capital PartnersOak ProQuestRadiusSprout Group Tullis-Dickerson Venrock Whitney & Co.

SOUTHEASTAlliance Tech

IntersouthKitty Hawk

SOUTHERN CALClearstoneDomainSofinnova

Novartis BioVenturePrism

SeaflowerSV Life SciencesSpectrum Equity

TVMVIMAC VenturesWeston PresidioHighland Capital

BOSTON

RiverVest Sprint

T2 Venture CapitalVenture Investors

Wind Point Partners

MIDWEST

PA/MD/VAGabrielGlobal

Environment Fund

MASA LSMid-Atlantic

NEASafeguard Sci.

S.R OneRed Abbey

Valhalla

Minimum Application Requirements

• Graduate degree -- preferably in business, medicine, science, healthcare or technology (which, under certain circumstances, can be waived)

• Five years full-time work experience

• US citizenship NO LONGER a requirement

Fellows Criteria

• Entrepreneurship or Venture-Building Experience/Proclivity • Relevant Professional Experience• Domain Expertise• Venture-Building Analytical Skills• Comfort Level with Ambiguity• Demonstration of Calculated Risk Taking• Giving Back to Others/Community• Personal Maturity• Leadership Experience/Potential• Communication Skills• Clear Strategic Thinking• Interpersonal/Organizational Awareness • Confidence and Insight for Self-Directed and Introspective Learning• Unquestioned Integrity

Fellows 8, 9,10, 11 & 12

Of the 97 Kauffman Fellows in Classes 8, 9, 10, 11 & 12:• Range of 3-20 years operating experience (10+ years

average) in IT or Life Sciences• 74 have MBAs • 26 have Ph.D.s; 12 MDs; 6 JDs• 89 different start-up companies are represented in

total • 208 patents held• 1 received a UN Peace Medal and 2 studied under

Nobel Prize Winners.

Class Selection Process

• Class is made up of a wide variety of diverse professionals from around the world

• Class selected to create optimum learning community

Fellows 13 Timeline Matching Process

Application now open year-round

• If submitted by June 15, 2007 Considered for Fall Matching Event• If submitted by Oct. 31, 2007 Considered for Spring Matching Event

• Fall Semi-Finalist Interviews September 25th, 2007• Spring Semi-Finalist Interviews January 29th, 2008

• Fall Matching Event October 24th - 25th, 2007• Spring Matching Event March 5th – 6th, 2008

• Leadership Development/Affinity Conference July, 2008

Fellows 13 Timeline Affiliated Process

• Application Deadline January 31, 2008

• Interview Process March/April 2008

• Leadership Development/Affinity Conference July, 2008

Kauffman Fellows Program

For more details and bios of all Fellows

Visit our website:www.kauffmanfellows.org

If submitted by June 15, 2007 Considered for Fall Matching EventIf submitted by Oct. 31, 2007 Considered for Spring Matching Event

Fall Semi-Finalist Interviews September 25th, 2007Spring Semi-Finalist Interviews January 29th, 2008

Fall Matching Event October 24th – 25th, 2007Spring Matching Event March 5th – 6th, 2008

Fellows Mentor Firms• 3i Waltham, MA/Menlo Park, CA• Aberdare Ventures San Francisco, CA• Accel Partners London• Accelerator Corp Seattle, WA• Acumen Fund New York, NY• Advent International Boston, MA• Alliance Technology Ventures Atlanta, GA• Alta Partners San Francisco, CA• Angels’ Forum/ Halo Funds San Francisco, CA• Amadeus Capital London• Apax Ventures New York, NY / Palo Alto• Applied Ventures Santa Clara, CA• Archangel Informal Edinburgh, Scotland• ARCH Venture Partners Chicago, IL / Seattle WA• Ascend New York, NY

Fellows Mentor Firms

• ATV Palo Alto, CA• Austin Ventures Austin, TX• Battelle Ventures Princeton, NJ• Battery Ventures Menlo Park, CA/Wellesley, MA• Bridgescale Menlo Park, CA• Blue Chip Venture Company Cincinnati, OH• Blueprint Ventures San Francisco, CA• Canaan Partners Rowayton, CT• Cardinal Partners Princeton, NJ• Centennial Ventures Denver, CO• Charles River Menlo Park, CA• Clearstone Venture Partners Santa Monica, CA/Menlo Park, CA• CMEA Ventures San Francisco, CA• CID Equity Partners Columbus, OH• Creandum Stockholm, Sweden

Fellows Mentor Firms

• CSK Venture Capital Tokyo, Japan• Databank Private Equity Accra, Ghana• Delta Private Equity Moscow, Russia• Domain Associates Princeton, NJ / Laguna Niguel, CA• Draper Fisher Jurvetson Menlo Park, CA• EMBL Ventures Heidelberg, Germany• Emergence Capital San Mateo, CA• Enterprise Development Fund Ann Arbor, MI• Fidelity BioSciences Cambridge, MA• Flagship Ventures Cambridge, MA• Flatiron Partners New York, NY• Flywheel Ventures Santa Fe, NM• Gabriel Venture Partners Annapolis, MD/Redwood Shores• Gemini Israel Fund Tel Aviv/Menlo Park, CA• Global Environment Fund Washington, DC

Fellows Mentor Firms• Granite Global Menlo Park & Singapore• Highland Capital Partners Lexington, MA• HSBC Private Equity (Asia) Hong Kong• IDG India Bangalore, India• IDG Vietnam Ho Chi Minh City, Vietnam• Intel Capital Santa Clara, CA• In-Q-Tel Menlo Park, CA• Intersouth Partners Research Triangle Park, NC• Itochu Corporation Tokyo, Japan• J.P. Morgan Capital Partners New York, NY/San Francisco,• Kansas City Equity Partners Kansas City, MO• Kitty Hawk Capital Charlotte, NC• Kleiner Perkins, Caufield & Byers Menlo Park, CA• L Capital Partners New York, NY• MASA Life Sciences Washington DC

• Mid-Atlantic Venture Funds Reston, VA• Mitsubishi Tokyo, Japan• Morgenthaler Ventures Cleveland, OH• MPM Capital Ventures Munich & Boston• New Enterprise Associates Reston, VA / Menlo Park, CA• Novartis Venture Fund Basel, Switzerland, Cambridge, MA• Oak Investment Partners Westport, CT• Olympic Venture Partners Seattle, WA• OneLiberty Ventures Boston, MA• ONSET Ventures Menlo Park, CA• Prism Venture Partners Boston, MA• ProQuest Princeton, NJ• QB F/QIC Brisbane, Australia• Radius Ventures New York, NY• RCT Tucson, AZ

Fellows Mentor Firms

• Red Abbey Lutherville, MD• RiverVest Venture Partners St. Louis, MO• Safeguard Scientifics Wayne, PA• Scale Venture Partners, Foster City, CA

• Sequel Venture Partners Boulder, CO• Sequoia Capital Bangalore, India, Foster City, CA• Skyline Ventures Palo Alto, CA• Sofinnova San Francisco, CA• Spectrum Equity Investors Boston, MA/ Menlo Park• Sprint Overland Park, KS• Sprout Group New York, NY• S.R. One West Conshohocken, PA• Storm Ventures Menlo Park, CA• SV Life Sciences Boston, MA• T2 Venture Capital Chicago, IL

Fellows Mentor Firms

• TL Ventures Wayne, PA• Tullis-Dickerson & Co. Greenwich, CT• TVM Boston, MA• Unilever Santa Barbara, CA/London• U.S. Venture Partners Menlo Park, CA• Valhalla Partners Vienna, VA• VantagePoint Venture Partners San Bruno, CA• Venrock Associates New York / Menlo Park, CA• Venture Investors Madison, WI• VIMAC Ventures Boston, MA• Wellington Partners Munich, Germany• Weston Presidio Capital Boston, MA / San Francisco• Whitney & Co. Stamford, CT• Wind Point Partners Southfield, MI• Woodside Fund Redwood Shores, CA

Fellows Mentor Firms

Strategic Partner Alliance

Affinity Partners

Strategic Partners

QUESTIONS