Note: This event is in-house and is not being broadcasted nor recorded. No media will be present and speaker or attendee attribution, in any form, is a violation of CFANY’s code of conduct.

Keynote
Joseph L. Dowling III, Chief Investment Officer, Brown University

Keynote Q&A
Carole Crawford, CFA, Founder and Managing Partner, fincap360

Moderator
Kris Thiessen, CFA, CAIA, EA, Founder and Managing Partner, Helix Management

Panel
Christopher Dawe, Co-Head, Venture Capital and Growth Equity, Goldman Sachs Investment Partners
John Frankel, Founding Partner, ff Venture Capital
Alex Zisson, Managing Director, H.I.G. Capital

Program Overview

In this conference, we will bring together leading venture capitalists and investors in venture-backed companies to learn how they pick winners, add value and deliver returns.

Venture capital has been a top performing asset class over the long run.  Our speakers will address a key question:  how can this outperformance be sustained?

Hear from a seed- and early-stage venture capitalist about his experiences leading investments in more than 80 companies, including Cornerstone OnDemand, Indiegogo, Ionic Security and Plated.

Hear from a late-stage venture capital investor about his experiences investing more than $3.5 billion in private capital transactions – including two of the largest private internet investments globally – in venture-backed companies such as Uber, Facebook, Pinterest and Spotify.

Learn how venture capitalists source their investments by developing relationships with entrepreneurs, collaborating with other venture capitalists, and even from Shark Tank!

Venture capital returns have often outperformed public market indices.  US venture capital generated 13.2% IRR over the past 5 years and 25.8% IRR over the past 25 years, according to Cambridge Associates.

Investments outpaced exits by 11X in 2016 – the highest level in a decade.  According to the National Venture Capital Association and PitchBook, more than $69 billion was invested across 7700 venture-backed companies in 2016: however, only $47 billion was exited in 726 VC-backed exits, the lowest exit count since 2010.

Venture capital funds have raised $112 billion in committed capital over the past 3 years.  2016 saw the highest amount raised in at least a decade at nearly $42 billion across 253 vehicles.

Our speakers will discuss their experiences investing in venture-backed companies, raising venture capital funds, how they manage their portfolios and their expectations for the future.

Sources

https://www.cambridgeassociates.com/press-release/weak-first-quarter-private-equity-venture-capital-funds-u-s-rebounded-q2-2016-according-cambridge-associates/

http://nvca.org/pressreleases/peaking-2015-venture-investment-activity-normalizes-2016-according-pitchbook-nvca-venture-monitor/

http://reports.pitchbook.com/4q-2016-pitchbook-nvca-venture-monitor/

Features, Benefits, Values

Attendees will understand the perspectives of venture capitalists as well as allocators who invest in venture capital funds.

Learning Objectives

1. How venture capitalists make investment decisions and choose which companies to back
2. How venture capitalists help create value in their portfolio companies
3. How venture capitalists raise venture funds to invest
4. How venture capitalists develop syndicates and collaborate with other investors
5. How venture capitalists source their investments

Who Should Attend

Partner; Managing Director; Chief Investment Officer; Vice President; Entrepreneur-in-Residence; Associate; Founder; Chief Executive Officer; President.