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.
