Bloomberg, Cornell Tech, & Tech:NYC invite you to join us for the latest installment of the CornellTech@Bloomberg series,featuringNew York-based venture capital investors Eric Hippeau of Lerer Hippeau Ventures, Naveen Selvadurai of Expa, Catherine Ulrich of FirstMark Capital, & Josh Wolfe of Lux Capital. The group will join Scarlet Fu of Bloomberg Television for a conversation about the state of venture investing in New York City.
Since 2006, venture capital investment in New York City has increased from $2 billion to over $12 billion, & the region accounted for more than 20% of the growth in U.S. venture investment during that time period. For the first time, New York City surpassed San Francisco in the third quarter of 2017 in terms of total dollars invested. While it hasn't continued to surpass the Bay Area, New York City beats every other region of the country, having firmly established itself as an engine of growth for venture capitalists.
We'll be joined by four top local investors from some of New York's most notable funds, representing a range of investment areas - from cutting-edge science to consumer technology & media. Their approaches include both traditional venture capital funds, as well as the startup studio model, in which Expa co-creates new companies with entrepreneurs. Together, their funds manage more than $3 billion in investment capital.
The conversation will cover the current landscape of venture investing in New York, emerging trends & technologies, & what each investor looks for in their entrepreneurs, companies, & investments. It will be followed by a Q&A session with you, our audience.
Bloomberg L.P. Headquarters731 Lexington AvenueNew York, NYMonday, May 21, 20185:30 PM: Cocktail reception begins6:00 PM: Doors close, conversation starts6:45 PM: Audience Q&A with Cornell Tech students7:00 PM: Networking andhors d'oeuvresto follow**PLEASE NOTE: Seating is limited & registered attendees will be seated on a first come, first served basis. Doors close promptly at the top of the hour. Individuals arriving late may be turned away from the building.No walk-ins allowed**
Eric Hippeau is a Managing Partner at Lerer Hippeau Ventures. Previously, Eric was the CEO of The Huffington Post, in which he had invested as a Managing Partner at Softbank Capital. Eric has also served as Chairman & CEO of Ziff-Davis, a former top publisher of computer magazines. Eric sits on the board of BuzzFeed, a portfolio company, & Marriott International. He was educated at the Sorbonne University in Paris.
Naveen Selvadurai currently serves as a partner at Expa. He also serves on the advisory board at FuturePerfect Ventures. In 2009, Selvadurai co-founded Foursquare with Dennis Crowley. Earlier in his career, Selvadurai was a lead architect at Socialight & a senior software architect with the Global Digital Business Group at Sony Music Entertainment. He holds a master's degree in computer science from Worcester Polytechnic Institute.
Catherine Ulrich, a managing director of FirstMark Capital, invests in a broad range of consumer & enterprise start-ups. She has a deep passion for & expertise in health & wellness, consumer AI, & behavior change. Prior to joining FirstMark, she was the chief product officer at Shutterstock, which she joined after serving as chief product officer of Weight Watchers. Catherine holds an AB in engineering & a certificate in public health policy from Harvard College.
Josh Wolfe co-founded Lux Capital to support scientists & entrepreneurs who pursue counter-conventional solutions to the most vexing puzzles of our time in order to lead us into a brighter future. Josh is a director at Shapeways, 3Scan, Lux Research & Kallyope & helped lead the firm's investments in Planet, Echodyne, Clarifai & Authorea. He is a founding investor & board member with Bill Gates in Kymeta, making cutting-edge antennas for high-speed global satellite & space communications. He previously worked in investment banking at Salomon Smith Barney & in capital markets at Merrill Lynch. In 2008 Josh co-founded & funded Kurion, a contrarian bet in the unlikely business of using advanced robotics & state-of-the-art engineering & chemistry to clean up nuclear waste. He graduated from Cornell University with a B.S. in economics & finance.
Seats are limited. Please RSVP promptly at:https://ctblpmay21.eventbrite.comQuestions: email@example.comWatch previous CornellTech@Bloomberg events:
CornellTech@Bloomberg is a series that convenes leading figures in global technology for monthly, onstage conversations to produce new insights & raise compelling questions. Hosted at Bloomberg's worldwide headquarters in Manhattan, the series is a collaboration between Cornell Tech & Bloomberg that brings together Bloomberg employees & members of the Cornell Tech community with members of New York's greater technology community to hear from entrepreneurs, investors, & thinkers.About Tech:NYC
Tech:NYC is a nonprofit member organization that represents New York City's technology sector. Leveraging the power of its network of member companies, it supports not only its community, but also New York City as the world's capital of culture & innovation. Tech:NYC speaks as the voice of technology in NYC & advocates for the policies that underscore a regulatory environment that supports the growth of technology companies & technology talent in NYC; promote inclusive technology education policies; & create access for all New Yorkers to connectivity, technology tools, & training. More info is available attechnyc.org. We hope you can make it!Cheers,Bloomberg L.P.
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