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Monday, July 12th, 2010
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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.
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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.
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Download the PowerPoint Presentation(1
MB)
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