Strategic Venturing

The Strategic Venturing Panel will bring together VC experts across industries who are making venture investments on behalf of a large corporation.  Investments may be strategic in nature or may allow an entity to invest in new opportunities for growth that are not available organically.  Innovation and new business creation drive this market.  This panel will discuss how corporations approach these types of investments: what are their objectives, where do they find new opportunities, how do they build partnerships and what is the process of transitioning venture businesses into the corporate environment?

Moderator


 

Andrew Cleland - Partner, Comcast Ventures

Andrew sources, evaluates, and executes investments on behalf of Comcast, NBC, and Universal Pictures in early-stage media and technology companies.  Andrew has initiated and/or managed investments in Trion, Simulmedia, PlaySpan (Visa), Gaia Online, Iddictive, Tumri (Collective Media), Entropic (ENTR), and BigBand Networks (BBND).

Before joining Comcast Ventures, Andrew was a Managing Director at Time Warner Investments.  Previously, Andrew was the Chief Operating Officer of TrustTheDJ.com, a UK-based music company which he helped to build to profitability from inception. He started his career in Booz Allen & Hamilton’s Media and Entertainment Group in London.

Andrew holds an MA in Economics (1st of his class) from Edinburgh University, and received his MBA from INSEAD in France.

Philip Wickham - CEO, The Kauffman Center

Phil serves as the President and CEO of the Kauffman Fellows Program at the Center for Venture Education in Palo Alto, CA. The mission of the Kauffman Fellows Program is to develop the next generation of leaders in venture capital. Success for Phil means that entrepreneurs are building more enduring companies and investors are achieving superior returns. Overseeing all aspects of the CVE, Phil continues to push the program’s international expansion. He also has a special passion for venture capital’s opportunities globally in helping to meet societal needs.

Phil is a veteran venture investor and startup entrepreneur. Early in his career Phil co-founded the publishing company Reference Media in Tokyo, Japan, grew it to scale and sold it to the Princeton Review. Phil has also served as a General Partner at JAFCO America Ventures and at Copan, based in Munich, Germany and has shepherded more than 30 investments, including Ikanos, Web Methods, Com21, Emergent, and Trilibis. Phil currently serves on the board of S2 Technologies, Trilibis, and Silicon Valley Association of Startup Entrepreneurs (SVASE), and is an advisor to TL Ventures and the Creandum fund in Stockholm.

Phil holds a BS from the Aerospace Mechanical Engineering School at the University of Arizona, and an MBA from Rensselaer Polytechnic Institute.
 

Panelists


 

Taylor Davidson Senior Associate, kbs+p Ventures

Taylor Davidson is a Senior Associate at kbs+p Ventures, the thematic early-stage venture investment arm of the advertising agency kbs+p. He is an advisor to a range of early-stage ventures and a mentor with Launch Pad Ignition, a New Orleans-based TechStars accelerator. Over 6,000 entrepreneurs have downloaded one of his Excel template financial models for startups.

Scott Levine – Managing Director, Time Warner Investments

Scott Levine is a Managing Director at Time Warner Investments, where he is focused on digital media investment opportunities that have a strategic fit with Time Warner’s operating divisions.   Prior to joining Time Warner, Scott was the Senior Vice President of Business Development of myYearbook, where he launched the company’s social gaming platform, led its mobile M&A efforts, and helped structure & negotiate its $100mm sale to Quepasa.    Previously, Scott was Senior Vice President of Corporate Development at Sony Music, where he led its venture investments, joint ventures and M&A.  He was also a Vice President at General Atlantic, a private equity firm which manages $17 billion in capital.  Scott is a graduate of Stanford University, where he earned a Ph.D. in Electrical Engineering and is also a graduate of Columbia Business School where he earned an MBA as well as a B.S. in Electrical Engineering.  Scott lives in Manhattan with his wife and two children. 

Andrew Siegel – Senior Vice President Strategy and Corporate Development, Advance Publications

Andrew Siegel was named to the newly created position of Senior Vice President, Strategy and Corporate Development for Advance Publications, Inc. in January 2011. Advance Publications, Inc. is a diversified media company with leading positions in national and international magazines through Condé Nast and Parade Publications, daily and weekly newspapers, business journals through American City Business Journals, internet sites, cable television systems through Bright House Networks, and a significant interest in Discovery Communications.

Mr. Siegel joined Yahoo!, Inc. in October 2009 to lead its 14-person corporate development team, which is responsible for M&A, large partnerships and investments. During the period Mr. Siegel was with Yahoo!, the company divested Hot Jobs and Zimbra, and acquired Koprol, Citizen Sports, Maktoob, Associated Content and Dapper.

Prior to joining Yahoo!, Siegel was an executive of the General Electric Company, serving as General Manager of Global Business Development at its headquarters in Fairfield, CT and most recently as Senior Managing Director for Sponsor Business Development at GE Capital in Norwalk, CT and New York City.  Previously, he was Senior Vice President of Corporate Development at InVision Technologies in Newark, CA, a maker of advanced homeland security technology that GE acquired in December 2004. Siegel was previously a member of Merill Lynch’s technology investment banking group in Palo Alto, CA and an M&A lawyer at Skadden, Arps, Slate, Meagher & Flom in New York.

Siegel graduated from the Newhouse School of Communications at Syracuse University and has a J.D. from New York University School of Law.