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Digital Hollywood, Santa Monica
Wednesday, June 13th
3:50 PM - 5:00 PM
Track IV:
Micropayments & MicroEconomies - Establishing a New E-Commerce Gateway to the Future
David A.M. Wallerstein, Senior Executive Vice President, International, Tencent
James Hong, Co-Founder, Hot or Not
Craig Sherman, CEO, Gaia Online
Susan Choe, founder and CEO, Outspark
Teemu Huuhtanen, President, North America & EVP Business Development, Sulake Corporation Ltd.
Susan Wu, Principal, Charles River Ventures, Moderator

David A.M. Wallerstein, Senior Executive Vice President - International , Tencent: David A.M. Wallerstein is the Senior Executive Vice President of Tencent, China's largest Internet community with over 220 million active users. Mr. Wallerstein has been a core member of the Tencent executive management team since 2001, helping to drive the company's growth from the start-up phase to the present. Mr. Wallerstein is responsible for Tencent's international strategic partnerships and helping to formulate the long-term development strategy of the company. Prior to joining Tencent, Mr. Wallerstein was Vice President, Business Development of MIH Asia, overseeing MIH's entry strategy into China's Internet sector. Mr. Wallerstein worked on the establishment of a number of MIH Internet businesses in China, and was responsible for China investment strategy, including MIH’s investment in Tencent Before MIH, Mr. Wallerstein was a management consultant based in Shanghai and Beijing, advising Fortune 500 companies on China entry strategy. Prior to working in China, Mr. Wallerstein worked at SONY Corporation in Tokyo, Japan. Mr. Wallerstein has a Master's Degree in Political Economy from UC Berkeley, and graduated Phi Beta Kappa and magna cum laude from the Jackson School of International Studies of the University of Washington. He is proficient in Mandarin Chinese, and Japanese. He maintains active presences in both Shenzhen, China and Redwood City, California.

James Hong, Co-Founder, Hot or Not: James Hong is best known as the cofounder of the website HOTorNOT.com, where real people submit their photo for others to rate on a scale of 1 to 10. It is also the largest paid dating site focusing on the 25 and under demographic. He also cofounded SaveMyAss.com (a flower delivery service) and <http://10over100.org>10over100.org, an initiative to increase charitable giving. He is a graduate of UC Berkeley, where he earned a BS Electrical Engineering degree and an MBA.

Craig Sherman is CEO of Gaia Online, the largest online hangout for teens. Craig leads the company's strategic planning, management, and technology development with a focus on maintaining Gaia's rapid growth as a company and one of the most popular online destinations for teens. Prior to joining Gaia Online, Craig served as an Entrepreneur in Residence for Benchmark Capital. Craig was also COO of MyFamily.com, where he helped grow the company from $23 Million to $150 Million in sales. During his tenure, Craig helped re-focus the company on its consumer subscription business and grew that from 200,000 to over 2 million subscribers, taking the company from significant losses to profitability.

Susan Choe, founder and CEO, Outspark: Susan Choe draws upon her more than 12 years of international business management in the video game, internet and financial services industries to lead Outspark’s efforts to reshape the US casual games industry. Prior to founding Outspark, Susan most recently served as COO at NHN USA, where she led the US game market entry for Asia’s flagship game portal, NHN/Hangame. Susan also served in many capacities at Yahoo! As director of international operations she supported Yahoo’s 25 international operations, as international director of Yahoo! Games, where she defined and implemented premium games growth strategy, and as director of Corporate Development, where she led investments and acquisitions efforts across games, communities and music. Susan’s other experiences include seven years in financial services working as global Corporate Development lead for CSFBDIRECT’s online broking partnerships in U.K., Japan and Hong Kong, Merrill Lynch’s research group, and American Express’ first online business management team. Susan holds a master’s degree in international finance and business from Columbia University, and a bachelor’s degree in economics and political science from UC Irvine.

Teemu Huuhtanen, President, North America & EVP Business Development, Sulake Corporation Ltd.: As President, North America for Sulake Corporation, Teemu Huuhtanen is instrumental in leading the continued growth of one of world’s most popular online social networking and gaming communities for teens, Habbo.com, Sulake’s top property. Since its launch in 2000, Habbo has grown to over 7.5 million unique monthly users world wide, and has been launched in 29 countries on five continents. Its highly-trafficked North American sites, headed by Huuhtanen, receive almost 2 million unique users per month. In 2003 Huuhtanen was named Vice President, Sales for Sulake, overseeing sales at the company’s headquarters in Finland. He has been an industry leader in developing new immersive advertising opportunities and creating interactive branding techniques that maximize the opportunities offered by social networking and the gaming environment. Prior to joining Habbo, Huuhtanen spent several years in senior posts for several international digital entertainment start-up companies. American Venture Magazine has named him one of the “Top 40 Under 40” executives to watch in the technology industry for 2007. He is based in Sulake’s North American headquarters in Santa Monica, CA.

Susan Wu, Principal, Charles River Ventures: Susan joins CRV with 12 years of operating experience working with early stage technology ventures. Susan is a member and the former CMO of the Apache Software Foundation, one of the world's most influential open source software organizations. Susan's roots in the open source community stems from her long-abiding interest in how technology catalyzes social and economic change. She began her career as the chief architect of an early massively multiplayer online game and has remained active in online gaming. She was the Executive Producer of GXMod, a widely popular, award winning Quake 2 enhancement. Susan also contributed to components of the open source Nebula 3D graphics and game engine. Prior to her work at Apache, Susan was the VP of Strategic Alliances for Predictive Systems, a NASDAQ-listed security services firm that was acquired by International Network Services (INS) in 2003. Susan also served as the VP of Strategic Development for Opus360, a provider of on demand human resources and project management solutions. Susan co-authored Opus360's business plan, led business development activities, and helped steer the company to a public offering in 2000. Prior to Opus360, Susan was the Director of Development at USWeb/CKS, where she led the development and design of some of the world's first community-centric consumer Internet businesses. Susan received her BA from Tufts University and an MBA with distinction from Cornell University, where she was a Park Fellow and a Bristol Myers Squibb Fellow.