From Business Week: “Draper Fisher Jurvetson manages a little more than $4 billion, but it’s spread across 19 funds and run out of 33 offices from Boston to Beijing. Regional managers can often spot opportunities more quickly than those in charge of “monolithic funds” based on Sand Hill Road, says Ravi Belani, an associate at
Continuing on with the interview, Philippe takes charge of cc:Mail.
In this third portion of the interview, Philippe discusses his move to the US, and his progression there. He joins Thompson CGR, and encounters more of the cultural difficulties he thought he had left behind in France. We learn about his successes and the role he played in raising cancer awareness!
In the next portion of the interview, we examine Philippe’s educational background. This is particularly interesting if you recall that this is during the rebuilding phase after WWII, and set in that context. We also examine his initial jobs out of college and the cultural limitations he encountered, which fanned the fire in him.
Interesting post about VCs with 10+ years experience never having received a carry check. Definition of carry: The carried interest is the percentage of profits that a fund earns as a performance incentive – it’s a concept that applies to venture firms, buyout funds, real estate and hedge funds alike, among others. The typical carried
Norwest Venture Partners (NVP) is scouting for buyouts in the Indian IT space, looking to invest $300 million in India over the next three years. NVP is targeting companies in the range of $25-30 million operating in the services and product development space. NVP currently has invested $50 million in four IT companies in India
Charles Moldow of Foundation Capital writes a good piece on when and why entrepreneurs should not look for Venture money. My addendum: There is a glut of good small business opportunities out there right now, especially because the Internet makes it ever so easy to market, generate traffic, etc. I want to also point out
A while back, I wrote a popular series called Concept Arbitrage, about ideas that have been successful in America, and have potential in India. Here is the summary of that series from last June. I want to point you, now, to a set of ideas that have been gaining traction as content-community digital media properties