STARTUPS IN THE NEW ECONOMY
Gerald A. Benjamin
President, International Capital Resources (ICR)
Benjamin is President of International Capital Resources
(ICR), a pioneering capital sourcing firm that links ventures with investors through nine
licensee offices in the U.S., Canada and Mexico. He has over 20 years of experience as a
corporate consultant, including over 400 assignments worldwide.
Mr. Benjamin is the publisher of The
Private Equity Review, a bi-monthly magazine reporting on promising developmental stage
ventures and analyzing the private equity investment market. He also serves as chairman of
the California Venture Forum, executive director of the Private Equity Research Institute
and founder of Angel Lake Capital Partners, the largest nationwide private investor
Mr. Benjamin co-authored Finding
Your Wings: How to Locate Private Investors to Fund Your Venture (John Wiley and Sons,
NY, 1996), which was selected by the Financial Times of London and Booz, Allen &
Hamilton as the best "how-to" business book published in the U.S. in 1996.
Chief Executive Officer, Garage.com
Kawasaki is CEO of Garage.com, a Silicon Valley-based
firm that assists high technology startups in obtaining seed level financing through
mentoring, an investor network, expert advice, research and reference materials.
Garage.com also offers assistance to investors in finding pre-screened investment
opportunities that match the investor's identified interests.
A noted columnist (Forbes),
speaker, Apple evangelist and founder of various personal computer companies, he was one
of the individuals responsible for the success of the Macintosh computer.
Mr. Kawasaki is the author of six
books: The Macintosh Way, Database 101, The Computer Curmudgeon, How to Drive Your
Competition Crazy, Hindsights and Selling the Dream. His next book, Rules for
Revolutionaries, will be published in early 1999.
Ginger Ehn Lew
Managing Director and Chief Operating Officer,
Telecommunications Development Fund
Ginger Ehn Lew is
Managing Director and Chief Operating Officer of the Telecommunications
Development Fund, which currently has $25 million under management. TDF invests in
small emerging communications businesses.
Prior to joining the Fund, Ms. Lew
served as deputy administrator of the U.S. Small Business Administration where she
provided day-to-day management and oversight of the agency's $42 billion loan portfolio.
Previously, she served as general counsel at the U.S. Department of Commerce where she
provided legal guidance on all major agency litigation with a special emphasis on
international trade issues.
Prior to joining the Clinton
Administration, Ms. Lew was an entrepreneur as a member of a startup high technology firm
based in San Francisco. Ms. Lew gained her management, planning and technology
experience during her six years with Ernst & Young, advising technology companies on
market expansion strategies for East Asia, Europe and Africa.
Managing Partner, New Vantage Partners
John May is Managing
Partner and a founder of New Vantage Partners,
a firm that innovatively mobilizes private equity into early stage companies and provides
advisory services to both funds and private investors. Mr. May is managing general partner
of Calvert Social Venture Partners, L.P., a Washington, DC-based venture capital firm
specializing in providing early stage capital and assistance to emerging growth companies.
Mr. May is also an advisor to and a
member of the Investment Committee of the Women's Growth Capital Fund, LP, a Washington,
DC-based $30 million fund, and is the fund advisor to Next Generation Partners, L.P., a
Fairfax, VA, information technology venture fund. New Vantage Partners is also the
mid-Atlantic office for Solstice Capital, a $23 million venture fund headquartered in
In 1991, he co-founded the Investors'
Circle, a national non-profit group of 175 family and institutional investors working to
grow the social venture capital industry.
Additionally in 1996, he co-founded
and became executive director of the Private Investors Network, an angel network sponsored
by the Mid-Atlantic Venture Association, which has grown to over 115 investor members. He
sits on several boards of directors of non-profits such as Students for Responsible
Business, the Capital Region Technology Investors Conference and two university
Chairman, Morino Institute
career spans some 30 years as a business leader, social entrepreneur, and leading advisor
on information technology. Mr. Morino co-founded Morino Associates in 1973, which after
many years of expansion, mergers, a host of acquisitions and one name change became Legent
Corporation. Legent was acquired in 1995 in one of the larger transactions in the computer
software and services industry.
Today, Mr. Morino divides his time
among his commercial interests in the information technology sector as an investor and
advisor, and as chairman of the Morino Institute, a
nonprofit organization he founded to help people and communities use information and
electronic communications to work for positive social change. He is also the founder and
chairman of the Potomac KnowledgeWay Project, an initiative to advance the Greater
Washington region as the global center of the knowledge industries in the 21st
He serves as a Special Advisor to
General Atlantic Partners, one of the premier private investment firms in information
technology and is a Trustee at Case Western Reserve University. He serves on the Boards of
Directors for Mid-Atlantic Venture Association, National Commission on
Potomac KnowledgeWay, Proxicom and Who Cares. He sits on Advisory Councils for Pew
Partnership for Civic Change, Academy of Leadership, Dingman Center for Entrepreneurship
Inner Circle, Smithsonian Washington Council, Northern Virginia Tech Council,
CompuMentor and the Network Solutions Technical Advisory Board.
Co-Chairman and Founder, StarVest Management, Inc.
Sachar is Co-Chairman and Founder of StarVest Management, Inc., a private equity firm that
invests in business services, digital media, and related information technology companies.
She is also Founder and Chairman of the New York New Media Association Angel
Until recently, Ms. Sachar was
responsible for direct venture capital investments at Gabelli Securities, Inc. In January
1992, she founded Sachar Capital, Ltd., a financial advisory firm specializing in digital
media. Its clients included Redgate Communications, an interactive marketing services
company subsequently acquired by America Online; IDT, one of the largest Internet access
companies in the U.S.; and Multex Systems, Inc., an electronic distributor of brokerage
reports and other high-end financial information.
She was a financial analyst in
corporate finance at Prudential Securities from 1984 to 1986 and an associate editor at Financial
World magazine from 1986 to 1989. At Financial World, she wrote approximately
100 articles and was responsible for a special international issue. She was cited as a
journalist to watch in the year 2000.
Ms. Sachar holds a BA
from Barnard College, Columbia University, and an MBA from Columbia University Graduate
School of Business. In 1995, she was selected as a Betsy Magness Fellow by CEA and Women
in Cable and Telecommunications. She is a board member of Ballet Hispanico and the Trail
Blazers Camp, and a Society of Fellows Advisory Committee Member at the Aspen Institute.
Angels & Revolutionaries was presented by: