Click on the Video Below and Sample a Session from a previous Digital Hollywood event. For Additional Video Sessions, Click Here Digital Hollywood Events at CES 2010 Friday, January 8th 10:30 AM - 11:30 AM Track II – DH6 Venture Funding, Investment & Mergers - Leadership in the Entertainment & Technology Space: Broadband, Social Networks, Mobile and Games The VC and strategic investment community has always led the way in recognizing the newest opportunities in the technology and entertainment space. In this era of economic flux, boom and bust, there are as many interpretations of value, opportunity and investment as there are investors and analysts in the industry. In this session, we bring together a number of the formative players in the Media, Entertainment, Technology finance world who have played a part in the investments, mergers, acquisitions and takeovers over the past few years. At the moment there is more money chasing fewer ready resources, but as the market predictably shakes out, how the relationship between the traditional and new media companies settles will create a fascinating foundation for the next step in growth for our industry. Are we building toward another bubble or are we laying the groundwork for a period of hypergrowth in the convergence space? Media companies are making nine and ten figure bets in this new arms race and what the future holds is anyone’s guess. Todd Chaffee, General Partner of Institutional Venture partners (IVP) Ross Levinsohn, Founding Partner, Fuse Capital Len Rand, Managing Director, Granite Ventures David Siemer, founder, Siemer & Associates, Inc. Mark Jensen, Managing Partner, National Venture Capital Services, Group, Deloitte Services LP John Balen, General Partner, Canaan Partners Schuyler M. Moore, Partner, Stroock Joey Tamer, President, S.O.S. Inc., Moderator Todd Chaffee, General Partner of Institutional Venture partners (IVP): Todd Chaffee joined Institutional Venture Partners (IVP) in March 2000. He focuses on venture capital and growth equity investments in rapidly growing media, travel and technology companies. He has more than 25 years of operating and investment experience. Todd was recognized by Forbes Magazine as one of the top 100 venture capitalists in the world by inclusion in the 2009 Midas List. Todd has led investments in Akamai (AKAM), ArcSight (ARST), Ariba (ARBA), ComScore (SCOR), CyberSource (CYBS), Digital River (DRIV), Epiphany (EPNY), Extensity (EXTN), H5 Technologies, HomeAway, LoopNet (LOOP), Mobile 365 (SY), Netflix (NFLX), Nuance Communications (NUAN), Omniture (OMTR), Open Market (OMKT), Trintech (TTPA), Twitter, VeriSign (VRSN), Verisity (VRST) and Yahoo (YHOO). Todd has also actively participated in IVP’s investments in Advent Software (ADVS), Artisan Components (ARTI), At Road (ARDI), Business.com (RHD), CafePress, Concur Technologies (CNQR), Danger (MSFT), MarkMonitor, Quigo Technologies (TWX), Tripwire, Websense (WBSN) and Yodlee. Prior to IVP, Todd was Executive Vice President of Visa International. His responsibilities included overseeing the Advanced Technology, Strategic Planning, Corporate Development and Equity Investment divisions for Visa. He was also the President of Visa Marketplace, Inc. (Visa’s investment subsidiary) and managed Visa’s global technology investment portfolio. Under Todd’s leadership, Visa’s venture capital operation generated more than $1 billion in gains and produced a 33x multiple of capital invested with an IRR of 243%. Todd joined Visa in 1994 as Senior Vice President of Advanced Payment Systems. After establishing and growing Visa’s highly successful venture capital business, he was promoted to Executive Vice President of Visa International, becoming the youngest EVP in Visa’s history. Prior to Visa, Todd held management positions at Fortune 500 companies such as American Express, Wells Fargo/Norwest and TRW Information Systems Group. During his career, he also founded Grand Expeditions, Inc., a global luxury and adventure travel company with revenues in excess of $200 million. Todd earned a B.S. with honors from the University of Minnesota Carlson Business School. He also completed the Stanford Graduate Business School Advanced Management Program and the Harvard Business School Venture Capital Program. Ross Levinsohn, Founding Partner, Fuse Capital: Over the past 20 years, Ross had been on the forefront of media innovation and transformation and is a Managing Partner of the firm. In 2004, he was tapped by News Corporation Chairman Rupert Murdoch to devise the digital strategy for the company. In executing that plan, he helped transform the company to become the global leader amongst its investments and strategic management, including the acquisitions of Myspace and IGN.com, which helped vault the company to create a digital powerhouse. He also oversaw the acquisitions of Askmen.com, Scout.com, Newroo, KSolo, amongst others. As President of Fox Interactive Media, Ross managed all day-to-day operations for the company from its inception until December 2006. Under his leadership, the FOX Network of sites became one of the largest on the Internet with record setting growth with more than 140 million monthly users. He also oversaw a partnership with Google, which will yield the company nearly $1 billion in advertising from the search and monetization leader. Previously, Ross served as Senior Vice President and General Manager of Fox Sports Interactive Media. In this role, he oversaw the online, wireless and broadband presence for Fox Sports. Earlier in his career, Ross held senior management positions with AltaVista Network, an early pioneer and leader in search, CBS Sportsline, where he oversaw all content and development for the top rated sports site and pay cable giant HBO. He also spent time in advertising at Saatchi and Saatchi and in sports management and marketing with ProServ and Lapin and Rose Communications. Len Rand, Managing Director, Granite Ventures: Len Rand joined Granite Ventures in 2002 after spending nearly three decades in the technology sector. Prior to Granite, Len was General Manager of Strategic Marketing and Global Alliances for Intel Communications Group (ICG) at Intel Corporation. He joined Intel following its acquisition of NetBoost Corporation, where Len was CEO and founder. Len was a co-founder of Internet Middleware, Inc., acquired by Network Appliance; CEO of The Whitewater Group, acquired by Symantec; and CEO of the Rand Group, acquired by Intergraph Corporation. He was Vice President and General Manager at both Intergraph Corporation and Autodesk, Inc. Len serves on the Boards of Directors for Aspen Avionics, Ozmo Devices, Plato Networks and PowerGenix. He holds several degrees including a B.S. degree in Building Sciences, a B.S. degree in Engineering, a BArch degree in Architecture, and an M.S. degree in Structural Engineering from Rensselaer Polytechnic Institute. David Siemer, founder, Siemer & Associates, Inc., a firm specializing in online media and technology Investment Banking. Siemer was previously with Montgomery & Co. where he served as a key member of the Digital Media Investment Banking Group. At Montgomery, Siemer led sales to major media companies such as News Corp, Sony, Hearst, Viacom, and Disney, and managed private investments from tier one venture capital and hedge fund firms. Prior to his work with Montgomery, Siemer spent eight years at Desco Corporation. In 1997, Siemer joined Desco Capital Partners, the venture capital arm, where he analyzed early stage software, online media, and biotech opportunities. Investments made during his tenure included Total Control Products, sold to GE; Conquest Communications, sold to SmarTalk (now a division of AT&T); Enact Software, sold to Sage SalesLogix. In 2000, Siemer duties were expanded to Desco Corporation's business development group, where he participated in and led several acquisitions, including MDT Software, Emergitech, Medical Indicators, Inc., Tek-Air Systems, Alnor Sensors, and Diversified Electronics. In 2003, Siemer was appointed to Director of Operations of Marsh Bellofram Instrumentation with the oversight of 110 employees. In this role, Siemer successfully launched Desco's first Chinese manufacturing facility and opened foreign sales offices in the United Kingdom and India. Siemer received his MBA in Finance and Economics from the University Of Chicago Graduate School Of Business, graduating with high honors. He completed his undergraduate work at Lehigh University with degrees in Management Information Systems and Accounting. Mark Jensen, Managing Partner, National Venture Capital Services, Group, Deloitte Services LP: Mark Jensen brings a diverse background to his dual role as Managing Partner for Deloitte's U.S. Venture Capital Services Group and as U.S. Audit & Enterprise Risk Services (AERS) Technology Industry Sector Leader. Prior to joining Deloitte, Jensen was the CFO for Redleaf Group Inc., a venture capital firm providing services and capital for pre-seed and seedstage technology companies. He joined Redleaf after serving as the Silicon Valley office managing partner and global high-technology industry leader for another professional services firm and, in that capacity, was responsible for building that firm's technology-industry program worldwide. Jensen has worked on numerous initial public offerings (IPO) and other security offerings and has also served an as audit partner for numerous companies in the venture capital, life sciences and information technology industries. Jensen is well known in the technology and venture capital industries and has more than 30 years of experience providing audit and consulting services to venture capital firms and their portfolio companies. He is a frequent speaker on issues impacting the Technology Industry and early-stage venture capital backed companies. His speaking engagements have included the annual meeting of the International Limited Partners Association (portfolio valuation issues) and the Dartmouth Foster Center for Private Equity (Valuation issues and Model Form Limited Partnership Agreements). He served on the Securities and Exchange Commission (SEC) Advisory Committee on Smaller Public Companies, which had a charter to review the impact of regulation on smaller public companies and companies going public. Active in the community, Jensen is the past chairman of the board of directors for the United Way of Silicon Valley; board member and treasurer for the National Conference for Community and Justice; a senior fellow in the American Leadership Forum of Silicon Valley; and is a member of the board of Joint Venture Silicon Valley. John Balen, General Partner, Canaan Partners: John Balen understands entrepreneurs. Since joining Canaan in 1995, John has worked with some of the smartest people in the technology industry to build high-performance companies such as Commerce One, which brought B2B ecommerce to the masses, eStamp, the pioneer of Internet postage, Intraware the leading provider of electronic license delivery and management, and Rightpoint, a real-time customer analytics software provider, acquired by Epiphany. At Canaan, John focuses on investments in communications & mobility, and next-generation enterprise technology companies that are disrupting the balance of traditional markets. His portfolio includes Dexterra, which is helping enterprises reap the benefits of a mobile workforce with innovative tools and software; and ID Analytics, which offers the nation’s only real-time fraud prevention system for enterprises. He also invests in digital media companies that empower the consumer through web-based services, such as Blurb.com, a revolutionary company changing the face of publishing by letting anyone easily create and sell bookstore-quality books. Before joining Canaan Partners, John held a variety of operational and financial roles, where he learned both how to build companies from the ground up and how to fund them. He served as a Managing Director of Horsley Bridge Partners, a multi-billion dollar private equity firm in San Francisco. During his nine-year tenure at Horsley Bridge, John was responsible for a wide spectrum of investments in technology companies, as well as many venture capital and buyout partnerships. Earlier in his career, John was a sales applications engineer at fiber communications startup Codenoll Technology Corp. and an engineer at Digital Equipment Corp. John currently serves on the boards of innovative digital media firms Blurb, Casabi and Silicon Optix, mobile companies Command Audio and Dexterra, and enterprise technology firms Echopass, EZRez, ID Analytics and Soasta. John received a BS in electrical engineering and an MBA from Cornell University. A firm believer in the value of education, John is the Chair of the Strategic Planning Committee, and as a board member serves on the Executive Committee of his children’s school. John frequently donates time and money to educational causes. Schuyler M. Moore is a partner in the corporate entertainment department of Stroock & Stroock & Lavan, LLP. He is the author of (a) The Biz: The Basic Business, Legal and Financial Aspects of the Film Industry, (b) Taxation of the Entertainment Industry, and (c) What They Don’t Teach You in Law School. He is an adjunct professor at both the UCLA Law School, teaching Motion Picture Financing, and the UCLA Anderson School of Management, teaching Entertainment Law. He was listed as one of the top 100 California Lawyers by the Daily Journal in 2009 and is consistently listed as one of the top 100 entertainment lawyers by The Hollywood Reporter. Joey Tamer, President, S.O.S. Inc: is a widely-acclaimed strategic consultant to technology and media CEOs, U.S. and worldwide. Her work helps create wealth for founders and investors of entrepreneurial ventures, and a high return on investment for Fortune 500 in-house ventures. Her capital strategies drive up her clients' valuations and profitability. She has a special expertise in working with emerging and disruptive technologies. She consults to Fortune 500 companies, capitalized start-ups, and investment funds, often serving as a "shadow CEO" to extend her clients' bandwidth. She advises product and service companies and consultants. Her work optimizes her clients' growth, dealflow and profitability. Her clients have included J.P. Morgan Capital, Sony, IBM, Apple, Hearst, Blockbuster, Technicolor, Harper Collins, Discovery Channel, Time-Warner, Agfa and Scitex, and many early stage ventures such as Earthweb and iSuppli. Her clients say she is "a brilliant strategist and a practical, down-to-earth, get-it-done person," "invaluable in understanding the competitive landscape and alternative strategies" and that she "cuts right through the noise, giving a clear vision of the future," "protecting us from liability and cutting our costs." She has consulted since the early days of the PC through to her Web 2.0 and Web 3.0 clients of today. Her clients have been in the business, enterprise and consumer sectors, with companies in technology, hardware and software, media and entertainment, publishing and advertising, distribution, and investment and venture funding. She has worked in the U.S., Europe and China. A strategist, policymaker, dealmaker, and negotiator, her work includes strategies on entry, exit, capitalization, return on investment, growth, positioning, pricing, distribution, risk-assessment, new market and international expansion, due diligence, and intellectual property.