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Monday, July 12th, 2010

Kostman

How Does VC Create Value
 in the Current World Environment?

Speaker: Dr. Henry Kressel, Managing Director, Warburg Pincus LLC

 




The financial returns of the venture capital industry have decline for several years.  Is the basic model which has worked well for decades broken?

 
Dr. Henry Kressel is a senior partner of Warburg Pincus, a private equity giant that has invested $35 billion in 600 companies in more than 30 countries. He's the author of several books, most recently "Investing in Dynamic Markets: Venture Capital in the Digital Age". Dr. Kressel led many of Warburg's investments in Israeli technology, including the creation of NESS. 

 

He has been responsible for many investments in high technology industries, including software, communications, financial and professional services, solar energy and semiconductors. These investments have been in Europe, Israel, United States and China. Dr. Kressel serves on the board of directors of Enstorage, Inc., MACH Group, Sarnoff Corporation, SRI International, Suniva, Telcordia Technologies, and Yeshiva University
 
He began his career as a researcher in electronics and lasers at RCA Laboratories, where he devoted 24 years and attained the position of staff vice president responsible for electronic device research.  During his career, he led the development and commercialization of many semiconductor device breakthroughs in light sources, detectors, and integrated circuits.  His work pioneered the first practical semiconductor lasers and the first epitaxial silicon solar cell.
 
Dr. Kressel  holds 31 US patents and has published more than 120 papers and four books, including, Semiconductor Lasers and Heterojunction LEDS (Academic Press, 1977); Competing for the Future: How Digital Innovations are Changing the World (Cambridge University Press, 2007) and Investing in Dynamic Markets: Venture Capital in the Digital Age (Cambridge University Press, July 2010).  As the founding president of the IEEE Photonics Society, he was instrumental in founding the Journal of Lightwave Technology, and has received many scientific awards and honors, including the David Sarnoff Award from the IEEE.  He is a fellow of the IEEE and the American Physical Society, and was elected to membership   of the National Academy of Engineering. 
 
A graduate of Yeshiva College in Physics, he earned an MS in Applied Physics from Harvard, a PhD in Material Science from the University of Pennsylvania and an MBA from its Wharton School. He received an honorary doctorate from Yeshiva University.

Download the PowerPoint Presentation(1 MB)