Edwin R. Yeh, Partner, Vice President of Technology for
DragonVenture was invited by Stanford University's Asia Technology
Initiative (ATI) program to kick off ATI's 2002 opening session on
Monday, April 8, 2002. Every Monday for the remainder of this
quarter, a different speaker will be invited to discuss issues
related to Asia and Technology. Mr. Yeh presented to the audience
the current state of the venture capital industry in China. He also
provided comparison on the aspects of entrepreneurship in China that
are different from Silicon Valley.
"Because DragonVenture is in the business of bridging
entrepreneurs and investors across the pacific", said Mr. Yeh, "it
is natural for us to volunteer our times to assist the students at
Stanford in their endeavor to be more educated not only about the
exciting opportunities but also some of the challenges they might
encounter."
On the evening of April 9, Mr. Yeh was invited by the Asia
Business Forum (ABF), a group formed by MBA students of Stanford
University's Graduate School of Business (GSB), to participate in a
panel discussion with several prominent experts in private equity
investment in Asia pacific.
Topic: The Evolving World of Venture Capital in Asia Pacific
Time: Tuesday, April 9th, 5:15pm - S 150
Featuring panel speakers:
Mark Hsu (Vice President, H&Q Asia Pacific)
Koji Osawa (Managing Principal & Co-Founder, Global
Catalyst Partners)
David Williams '96 (formerly Partner at Draper
Fisher Jurvertson ePlanet)
Edwin R. Yeh (Partner, DragonVenture)
Moderators:
Robert E. Grady (Managing Director, The Carlyle Group)
William K. Reilly (CEO, Aqua International Partners)
Come learn about the current state of the venture capital
industry in Asia Pacific What are the unique challenges investing in
Asia?
How to pursue a VC career in Asia?
Speakers' Bios:
Mark Hsu (Vice President, H&Q Asia Pacific)
Mr. Hsu is the Vice President at H&Q Asia Pacific, a private
equity firm with 10 offices throughout the Asia Pacific region and
$1.8 billion under management. Before joining H&QAP, Mr. Hsu was
Director of Business Development at Sina.com, a leading
Chinese-language internet portal, in which capacity he directed the
development of Sina's wireless and media strategies. Prior to Sina,
Mr. Hsu was a securities and Mergers/Acquisition attorney at Simpson
Thacher & Barlett in New York City, specializing in the private
equity industry.
Koji Osawa (Managing Principal & Co-Founder, Global
Catalyst Partners)
Mr. Koji Osawa has over sixteen years of experience in investment
and management of high-tech companies in Japan, U.S. and Asia. He
co-founded Global Catalyst Partners, L.P. (GCP-I) in 1999. Prior to
GCP he was at Mitsubishi Corporation for 14 years. Mitsubishi is the
largest trading firm in the world with sales of over $120B.
David Williams '96
Currently working part-time consulting start-ups seeking VC
funding. Previously Head of Merrill Lynch's Asia Venture Banking
Group (2001); Partner, Asia Pacific with Draper Fisher Jurvetson
ePlanet Ventures
(2000) and Head of Merrill Lynch's Asia Pacific Internet
Investment Banking Group (1999-2000). Before that VC-related
activity, David was an investment banker with Salomon Brothers for
almost a decade.
Edwin R. Yeh (Partner, Vice President of Technology,
DragonVenture)
Edwin, along with his partners, runs the venture capital operation
at DragonVenture. He is also advisor to three successful Bay Area
entrepreneurial associations: 'Stanford University's Asia Technology
Initiative Program <http://www.stanford.edu/group/ati>, Silicon
Valley Chinese Wireless Technology Association
<http://www.svcwireless.org>, and Monte Jade Association Asian
Americans Entrepreneur Workshop <http://www.mtjade.org>. He
co-founded two high-tech companies and participated in the
operations of four additional startup including (successful NetIQ
IPO, Infowave, and ASAP). Currently, he also serves as a Board
Director for Covault Corporation, a provider of billing
infrastructure software for wireless data service providers and
carriers.
Moderators' Bios:
Bob Grady is a Managing Director in Venture Capital at The
Carlyle Group. He is the managing partner of the firm's flagship
U.S. venture funds, Carlyle Venture Partners I and II, which make
investments in growing early-stage private companies, with a
particular focus on technology infrastructure for enterprises;
software applications, technology and services for communications
networks; and healthcare information technology and devices. In
addition, Mr. Grady coordinates Carlyle's global venture capital
operations, which are composed of over $1.6 billion under
management. He sits on the Investment Committees of Carlyle Venture
Partners, Carlyle Europe Venture Partners, Carlyle Asia Venture
Partners and Carlyle Japan Venture Partners.
Before joining Carlyle, Mr. Grady was Managing Director at
Robertson Stephens, the San Francisco-based technology investment
bank. He served on both the firm's Management Committee and its
Commitment Committee, and was integrally involved in the sale of
Robertson Stephens, L.P., to BankAmerica Corporation in 1997 and the
subsequent sale of BancAmerica Robertson Stephens to BankBoston
Corporation (now FleetBoston
Corporation) in 1998.
Prior to joining Robertson Stephens, Mr. Grady served in the White
House as Deputy Assistant to President George Bush and as Executive
Associate Director of the Office of Management and Budget (OMB). He
had previously served as Associate Director of OMB for Natural
Resources, Energy and Science (1989-1991); Chief Speechwriter and
Senior Advisor for the successful 1988 Bush/Quayle Presidential
Campaign (1988); Director of Communications for New Jersey Governor
Thomas H. Kean (1983-1986); and Legislative Assistant and then Chief
of Staff to U.S. Congresswoman Millicent Fenwick (1979-1982).
Since 1993, Mr. Grady has served on the
faculty of the Stanford Graduate School of Business, where he
teaches a course focused on the challenges of investing and managing
in highly regulated environments. Mr. Grady is a graduate of Harvard
College and of the Stanford Graduate School of Business.
William K. Reilly, CEO of Aqua International Partners,
brings a wealth of international, political and industry experience
to the Aqua team. Mr. Reilly is the former Administrator of the U.S.
Environmental Protection Agency (1989-1993). He has served as
president of World Wildlife Fund (1985-1989), the largest private
international institution financing and managing environmental
projects in Asia, Latin America and Africa. During his tenure at
EPA, Mr. Reilly also had responsibility for the largest program of
finance of water supply and wastewater treatment by the U.S.
government, overseeing more than $8 billion in water investments.
Aqua International Partners, L.P., a $232 million investment fund,
was established in 1997 to make private equity investments in
companies providing water and water-related products or services to
emerging market economies.
About Stanford Asia Technology Initiative
The Asia Technology Initiative (ATI) seeks to promote the Silicon
Valley spirit of technology and entrepreneurship in Asia by engaging
Stanford and its peer institutions across the Pacific in real-world
high-tech ventures. The driving motivation behind ATI is the belief
that Asia will come into its own as a developer of advanced
technologies in the decades to come. To this end, Stanford--with its
longstanding ties to the Silicon Valley and its diverse Pan-Asian
student body--is well positioned to play an influential role in
shaping Asia's future.
Corporate Sponsorship Opportunity for Stanford ATI Program is
currently available. In addition, the 2002 program is seeking
high-tech companies in the cities of Shanghai, Tokyo, and Bangalore
to host students. Please contact stanford@dragonventure.com for more
information.
About Stanford Asia Business Forum
Asia Business Forum's mission is to build Stanford GSB's brand
equity in Asia by leveraging our unique partnership with the Silicon
Valley, our reputation as the leading business school in the New
Economy, and our prominent alumni network.
One of our main goals is to assist students who wish to establish
careers in Asia by helping to create a resume database aimed at
companies in the Asia-Pacific region and trying to attract more of
these companies to recruit at Stanford. As our career development
initiatives, we will help our members build lasting business network
and professional relationships through our Speaker Series and Panels
Discussions featuring top business leaders from Asia. We will also
work with the Global Management Program and other Stanford
University resources such as APARC, student organizations, and the
Center for East Asian Studies to draw in their knowledge and
network.
About DragonVenture, Inc.
DragonVenture, Inc. is a premier cross-Pacific
venture capital, consulting and soft incubation company specializing
in bridging the U.S. and Greater China marketplaces. DragonVenture
manages funds that invest in emerging companies in the areas of
telecommunications, Internet infrastructure, IC & Semiconductor, and
Linux. The company provides cross-Pacific consulting services and
facilitates cross-Pacific strategic alliances and/or partnerships,
and mergers and acquisitions through DragonVenture's M&A Fund.
DragonVenture, Inc. is headquartered in Silicon Valley and also has
a branch office in Beijing, China. DragonVenture is working closely
with numerous U. S. firms on their China strategy while assisting a
handful of Greater China companies to expand business horizons into
North America.
For more information visit
www.dragonventure.com.
