The Kauffman Fellows Program FELLOWS 13 RECRUITMENT PRESENTATION www.kauffmanfellows.org
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To Identify, develop, and network emerging leaders in the venture capital industry globally Program Mission
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Kauffman Fellows... Making a BIG Impact Globally
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Changing the Face of Venture Capital
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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 companies 11 have started their own funds Fellows Track Record of Success Continues
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Kauffman Fellows Program Continues to Accelerate
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Industry Leadership 250+ 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
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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
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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
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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
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An Incomparable Network of Fellows, Mentors, and Strategic & Affinity Partners Current Network: 164 Fellows and 165 Mentors Addition of Strategic & Affinity Partners DLA 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
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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 HSBC Private Equity Limited Hong Kong, China Granite Global Ventures Shanghai, China C H I N A INDIA JAPAN Itochu Corp. CSK Venture Capital Mitsubishi Tokyo, 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 ARCH Blue Chip CID Equity EDF Ventures KC Equity Partners Morgenthaler BAY AREA Aberdare Ventures Angels Forum/Halo Funds Applied Ventures Alta Partners ATV BA Ventures Blueprint Ventures Bridgescale Partners Charles River CMEA Draper Fisher Jurvetson Emergence Capital Partners Gabriel Granite Global Intel Capital In-Q-Tel Kleiner Perkins Morgenthaler NEA Skyline Sofinnova Ventures Spectrum Equity SV Life Sciences TL Ventures Unilever Tech. Ventures USVP VantagePoint Venrock Weston Presidio Woodside Fund 3i Advent Battery Fidelity BioScience Flagship Ventures Highland Capital OneLiberty MPM Capital Morgenthaler TX, CO, NM, AZ ARCH Austin Ventures Centennial Ventures Flywheel Ventures RCT-Arizona Sequel Venture Partners NORTHWEST Accelerator ARCH Olympic CT/NY/NJ/ Acumen Apax Ascend Battelle Ventures Canaan Cardinal Domain Flatiron J.P. Morgan L Capital Partners Oak ProQuest Radius Sprout Group Tullis-Dickerson Venrock Whitney & Co. SOUTHEAST Alliance Tech Intersouth Kitty Hawk SOUTHERN CAL Clearstone Domain Sofinnova Novartis BioVenture Prism Seaflower SV Life Sciences Spectrum Equity TVM VIMAC Ventures Weston Presidio Highland Capital BOSTON RiverVest Sprint T2 Venture Capital Venture Investors Wind Point Partners MIDWEST PA/MD/VA Gabriel Global Environment Fund MASA LS Mid-Atlantic NEA Safeguard Sci. S.R One Red Abbey Valhalla
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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
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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
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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.
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Class Selection Process Class is made up of a w ide variety of diverse professionals from around the world Class selected to create optimum learning community
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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, 2007Considered for Spring Matching Event Fall Semi-Finalist InterviewsSeptember 25 th, 2007 Spring Semi-Finalist InterviewsJanuary 29 th, 2008 Fall Matching EventOctober 24 th - 25 th, 2007 Spring Matching EventMarch 5 th 6 th, 2008 Leadership Development/ Affinity ConferenceJuly, 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 Event If submitted by Oct. 31, 2007Considered for Spring Matching Event Fall Semi-Finalist InterviewsSeptember 25th, 2007 Spring Semi-Finalist InterviewsJanuary 29th, 2008 Fall Matching EventOctober 24 th 25 th, 2007 Spring Matching EventMarch 5 th 6 th, 2008
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Fellows Mentor Firms 3iWaltham, MA/Menlo Park, CA Aberdare VenturesSan Francisco, CA Accel PartnersLondon Accelerator CorpSeattle, WA Acumen FundNew York, NY Advent InternationalBoston, MA Alliance Technology VenturesAtlanta, GA Alta PartnersSan Francisco, CA Angels Forum/ Halo FundsSan Francisco, CA Amadeus CapitalLondon Apax VenturesNew York, NY / Palo Alto Applied VenturesSanta Clara, CA Archangel InformalEdinburgh, Scotland ARCH Venture PartnersChicago, IL / Seattle WA AscendNew York, NY
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Fellows Mentor Firms ATVPalo Alto, CA Austin VenturesAustin, TX Battelle VenturesPrinceton, NJ Battery VenturesMenlo Park, CA/Wellesley, MA Bridgescale Menlo Park, CA Blue Chip Venture CompanyCincinnati, OH Blueprint VenturesSan Francisco, CA Canaan PartnersRowayton, CT Cardinal PartnersPrinceton, NJ Centennial VenturesDenver, CO Charles RiverMenlo Park, CA Clearstone Venture PartnersSanta Monica, CA/Menlo Park, CA CMEA VenturesSan Francisco, CA CID Equity PartnersColumbus, OH CreandumStockholm, Sweden
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Fellows Mentor Firms CSK Venture CapitalTokyo, Japan Databank Private EquityAccra, Ghana Delta Private EquityMoscow, Russia Domain AssociatesPrinceton, NJ / Laguna Niguel, CA Draper Fisher JurvetsonMenlo Park, CA EMBL Ventures Heidelberg, Germany Emergence CapitalSan Mateo, CA Enterprise Development FundAnn Arbor, MI Fidelity BioSciencesCambridge, MA Flagship VenturesCambridge, MA Flatiron PartnersNew York, NY Flywheel VenturesSanta Fe, NM Gabriel Venture PartnersAnnapolis, MD/Redwood Shores Gemini Israel FundTel Aviv/Menlo Park, CA Global Environment FundWashington, DC
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Fellows Mentor Firms Granite GlobalMenlo Park & Singapore Highland Capital PartnersLexington, MA HSBC Private Equity (Asia)Hong Kong IDG IndiaBangalore, India IDG VietnamHo Chi Minh City, Vietnam Intel CapitalSanta Clara, CA In-Q-TelMenlo Park, CA Intersouth PartnersResearch Triangle Park, NC Itochu CorporationTokyo, Japan J.P. Morgan Capital PartnersNew York, NY/San Francisco, Kansas City Equity PartnersKansas City, MO Kitty Hawk CapitalCharlott