|Wednesday, September 27
2:15 PM - 3:30 PM
Investment and Venture Capital in Broadband: From Incubator of Ideas & Talent to Financier of Operations (Part II)
While the press may dwell and accentuate the recent failures in entertainment Net start-ups, the technology industry has gotten into the habit of going its own ways, defying odds, and reinventing entire industries. That is the beauty of convergence: it holds the possibility of inventing new ways of seeing things never imagined. Broadband will bring new forms of delivery, whole new categories of content development, as well as yet to be understood models of commerce. The incubators of these new ideas are the barometers of where the industry stands today and how it is apt to progress.
Jim Kiles, Director, Strategic Investments, Intel Capital
Jay Beaghan, Principal, Robertson Stevens
Michael Roberts, Executive Vice President, KPE
Michael Montgomery, co-CEO, Digital Coast Partners
Dr. Dana Ardi, Human Capital Partner, Flatiron Partners
Allen Z. Sussman, Of Counsel, Brobeck, Phleger & Harrison, Moderator
Additional speakers to be announced
Michael Roberts is Executive Vice President of <kpe>. He oversees all aspects of <kpe>s Los Angeles operations including the financing, development, production and launch of interactive entertainment and media businesses. He reports directly to <kpe>s CEO, Mark Patricof. Most recently, Roberts worked as a Senior Vice President of Walt Disney Pictures. During his ten years of overseeing production of feature films for the studio, Roberts was involved in all aspects of filmmaking from conception to release. Prior to his tenure at Disney, Roberts spent two years as a Vice President of Weintraub Entertainment Group and three years as a Creative Executive at Paramount Pictures. Amongst the films Roberts has worked on are "Top Gun," "Children of a Lesser God," "Beverly Hills Cop II," "Three Men and a Little Lady," "Simon Birch," and "Mighty Joe Young." He received his Masters of Business Administration from Stanford Graduate School of Business and his Bachelor of Arts from Harvard College. He is an Appointed Director of the Harvard Alumni Association, a Co-Founder of the Entertainment Industry Foundation Task Force and a volunteer fundraiser for the Los Angeles 2012 Olympic Bid Committee. Roberts brings a unique combination of creative expertise, production experience and business training to the <kpe> roster. The depth of his relationships across multiple industries enhances <kpe>s position as the premiere entertainment-oriented Internet incubator in the country.
Michael Montgomery, co-CEO, Digital Coast Partners: After a successful career in the finance sector of the entertainment industry, Michael Montgomery joined his brother, James Montgomery, as co-CEO of Digital Coast Partners, a merchant bank targeting Internet ventures. Under their leadership, Digital Coast Partners provides strategic planning, private placement funding, merger and acquisition services, and business incubation primarily to Internet and high technology companies. For the past three years, Montgomery was the president and chief executive officer of Sega GameWorks, a joint venture between Sega, Universal Studios, and DreamWorks. The company operates a chain of upscale entertainment centers featuring video games, music, and a restaurant and bar. In three years, Montgomery built the company to a sales level of approximately $100 million with over 1600 employees. Prior to joining Sega GameWorks, Montgomery was the senior executive with DreamWorks SKG who structured and led their successful efforts to raise $1 billion in private equity financing. Montgomery came to DreamWorks after an eight-year tenure at the Walt Disney Company (1986-1994), during which he first served as assistant treasurer, and then vice president and treasurer. At Disney, he was responsible for conceiving and executing numerous innovative financing arrangements including film financings, overseas royalty financings, and investments in leasing and derivatives. In 1994, Montgomery relocated to Paris, France to serve as the executive vice president and chief financial officer of EuroDisney, where he played a key role in the fiscal and operational re-structuring of that company. Before joining Disney, Montgomery was with ARCO, where he held a number of positions of increasing responsibility in its treasury organization and also served as president of ARCO Solar in Europe, located first in Milan and then London. He was the point person for the $650 million sale of the Arco Plaza as well as the financings associated with the company's $4 billion restructuring in 1985. Montgomery received a master of business administration from the Amos Tuck School at Dartmouth College, where he also received his bachelor of arts with honors (magna cum laude).
Jim Kiles facilitates and manages Intel Capital's investments in Media, Delivery Technologies, Solutions and Services. In this role Jim interfaces extensively with the sports and entertainment industries, facilitating Intel's investments in those areas. In the most recent past, Jim has been focused on investments in the development of high quality media distribution in digital environments and enabling pay per view, subscription and e-commerce business models for branded digital media content. Additionally, Jim has worked closely with Intel's emerging internet services businesses to identify opportunities and business models for Intel's role as a building block supplier to the Internet. Under Jim's guidance, Intel Capital has invested in numerous companies focused on Internet Media Content and Technologies. Prior to working with Intel Capital, Jim developed Intel's Corporate Satellite/IP Communications Network. Before joining Intel, Jim was managing partner of Resource Strategies, an east coast venture fund, and played a significant role in the launch of the Arena Football League. Jim received a BS and JD from Syracuse University where he was a member of the varsity football team.
Allen Z. Sussman is an attorney with the law firm of Brobeck, Phleger & Harrison, LLP. He specializes in corporate and securities law, with particular emphasis on high technology companies. Allen's practice includes public and private financings, venture capital, mergers and acquisitions, corporate partnering and strategic alliance arrangements, joint ventures, franchising, licensing and start-up and emerging company business transactions. Prior to joining Brobeck, Allen was a Partner of Manatt, Phelps & Phillips LLP, served as Senior Counsel, U.S. Securities and Exchange Commission in Washington, D.C., and Senior Attorney, Office of Thrift Supervision, Department of the Treasury. Allen is a graduate of Boston University Law School (J.D., 1988) and Cornell University (B.A., 1985).