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Private Market Liquidity – What the Hell is Going On?!

A dearth of IPOs from the tech sector this year, and some high-profile disappointments, bring many questions.  Is it best to stay out of the harsh cold of the public markets and snuggle up for winter? Throw another bundle of venture capital money on the fire.  There’s been just 23 tech IPOs, compared with 62 last year.  Yet.. the overall performance has not been as dire as widely believed.  Why would any tech company think that 2016 or 2017 is going to be any better?

With about 150 private tech companies with a valuation of more than $1B, the pipeline is bizarre.  Is it true – something’s got to give? Either more investors, less supply or lower valuations?  Come hear from our panelists – what the heck is going on with private market and long term liquidity strategies!

Nils Erdmann

Nils Erdmann

Jeff Thomas

Jeff Thomas

Peter Oey

Navid Alipour

Moderator Navid Alipour

Join our panel of experts including Nils Erdmann, Managing Director of Scenic AdvisementPeter Oey, CFO at LegalZoom, and Jeff Thomas, Head of Liquidity Solutions at at NASDAQ Private Market. With Navid Alipour from Analytics Ventures as moderator.

 

Wednesday, January 20, 2016 | 7:00 a.m. | Hyatt Regency La Jolla
This event is FREE to SDVG Members.
Non-member fee is $50.

 

Register 

 

Sponsored by

CBIZ

with Skyriver  lockton

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PitchFest Gala 2015

 

Be the judge! Who gets the money?

Four companies will pitch YOU, the audience, at this year’s annual PitchFest dinner! Two healthcare, two tech. You pick the winners!

Join SDVG for cocktails, dinner, and fun as the audience votes for the winning company at PitchFest 2015.

Finalists will make their pitch to the dinner audience, who will cast their votes! Bring a friend – this event is a celebration!

Last year’s winners, Portfolium and Companion Medical, each went on to raise $3M in capital in 2015!

 

PitchFest 2015 Annual Dinner
Wednesday, December 16, 2015
5:30 PM – 8:30 PM
3777 La Jolla Village Dr. San Diego CA 92122

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Since last year’s PitchFest, Portfolium raised 3.1 million and Companion Medical raised 3.3 million:

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CompanionMedical

 

Graciously Sponsored By

Davenport

 

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Building a Multi-Billion Dollar Company in San Diego.

 

Unicorns On Paper Are Nice. But Billion Dollar Exits From San Diego Are Real.

 

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Faheem Hasnain

Featuring Faheem Hasnain.

Mr. Hasnain has served as Receptos President, CEO and a director since November 2010. Prior to joining Receptos, he was the President and CEO and a director of Facet Biotech Corporation, a biology driven antibody company with a focus in multiple sclerosis and oncology. He held that position from December 2008 until the company’s acquisition by Abbott Laboratories in April 2010. Previously, Mr. Hasnain was President, CEO and a director of PDL BioPharma, Inc. from October 2008 until Facet Biotech was spun off from PDL BioPharma in December 2008. From October 2004 to September 2008, Mr. Hasnain served at Biogen Idec Inc., a biotechnology company specializing in neurological disorders, autoimmune disorders and cancer.

 

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Dr. Patrik Shah

With Pratik Shah, Ph.D., who brings more than 15 years of entrepreneurial and leadership experience in the biopharma industry. He is also a partner in the venture capital firm Thomas, McNerney & Partners. Dr. Shah previously worked at various biotech companies after serving at McKinsey & Company where he focused on biotechnology and venture capital projects. Dr. Shah is a board member of Cebix, Ocera Therapeutics, and SG Biofuels.

 

 

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Carin Canale

And Carin Canale as the moderator. Ms. Canale is Founder and CEO of Canale Communications, a public and investor relations firm focused exclusively on life science companies.

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Wednesday, October 28, 2015 | 5:30 p.m.
Johnson & Johnson Innovation, JLabs – 3210 Merryfield Row, San Diego, CA 92121
FREE to members | $50 non-members

 

 

Sponsored by:


Canale
avalon_resizedsquare 1 bank - rectangular logo color wo tagdomain-associates-logo

 

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One night. 20 downtown companies. Epic UTC location.

ONLINE REGISTRATION TO THIS EVENT IS CURRENTLY CLOSED – please email Ariel with any last-minute questions!

Tuesday, June 30, 2015 | 5:30 p.m. – 8:30 p.m.

Brian Malarkey’s Green Acre at the Alexandria Center for Life Science at Campus Point

 

 

Participating downtown companies include:

Brainlike | ChatMeter | Classy

CloudBeds | Cordial.io | Cursive Labs

Cyberflow Analytics | DeskHub | Email CoPilot

GoFormz | LoanHero | Portfolium

Posiba | Saambaa | Soci

StockTwits | Take Lessons | Webble

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Come have some fun.
See 20 of Downtown San Diego’s best companies.

In one of UTC’s hottest food, drink and scientific venues.

The venue is awesome.
This is going to be a very fun, cool, loud, social gathering.

Downtown is growing, and we’re bringing the cool companies to you. Parking is easy. The bar is open, and the first drink is on us. Come see 20 companies you should know about.

 

 

Sponsored by

Alexandria_web

 

 

barneysponsor-logo-wellsfargo

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The Series A Crunch: You’ve Raised Your Seed, Now What?

You’ve raised your seed and are looking for Series A funding. What do you need to do, when and how, to get that Series A investor hooked!

Join our all-star panel of investors and savvy entrepreneurs: Masood Tayebi, PhD, Adam Harris, CEO of Cloudbeds, and Mike Alfred, CEO of Brightscope, as they share their insight and experiences about what investors are looking for, and how they raised capital in this environment!

Brian Mesic of Anthem Ventures is our moderator!

 

Tuesday, February 24, 2015 | 7:00AM 
FREE to members | $50 otherwise

 

Thank you to our sponsors!

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haskell
square 1 bank - rectangular logo color wo tag

 

 

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Join us Jan 22nd for Venture Outlook 2015!

 

Start the New Year with SDVG!

What is hot – what is not – and where should you look for funding in 2015? 

What does the 2015 market look like for both investors and companies?  Have accelerators and incubators reached their peak?  What does the abundance of micro-funds mean?

Come and get the outlook for San Diego in 2015.

Join SDVG and a distinguished panel as they take you through a forecast of the coming year. Our panelists include:

111JonathanMacQuittywebJonathan MacQuitty, Abingworth cackCack Wilhelm, Scale Ventures
coatsDavid Coats, Correlation Ventures OienAnd moderator Derrick Oien, CEO of ScoreStream

 

Don’t delay – register today!

Venture Outlook 2015

Thursday, January 22, 2015
7:00 a.m. – 9:00 a.m.
Marriott La Jolla

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This event is FREE for SDVG members, non-member registration is $50.

Thank you to our sponsors:

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sponsor_logo_wsgr

lockton

 

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Companion Medical and Porfolium WIN!

 

Announcing the winners for PitchFest Dinner 2014……….they are………!

 

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portfolio

 

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SDVG and VC PitchFest are generously sponsored by:

 

Please note:  PitchFest is an event for educational and entertainment purposes only and no company’s presentation should be construed as an offer to sell or a solicitation to buy any security.  

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IPOs and M&A – San Diego Poised for More Successful Exits

Registration closed 9/22 at 12pm, walk-in registration available at the door for $60

The biotech IPO market has been open – will it stay that way or is it too late for this party?

Just how do you sell your small software company? Are there buyers other than Google, Yahoo, and Facebook?

Join us as we explore the current state of the market for getting a payoff for all your hard work.

 

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With Jordan Glazier of Eventful, Inc.,

 

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Mark Kapczynski, VP Corporate Development & Strategy, Experian Consumer Services,
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and Brad Weekes of Software Equity Group.

 

 

 

Moderator: Jon Belmonte, former CEO, ACTIVE Network   belmonte headshot

 

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Wednesday, September 24, 2014 – 7:00 AM

Hyatt Regency La Jolla at Aventine

Members: FREE – Non-Members: $50

 

Sponsored by

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sponsor_logo_pillsbury

 

 

 

 

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Mike Krenn Assumes SDVG’s President Role

Long Time San Diego Business Supporter Mike Krenn Assumes San Diego Venture Group’s President Role

 

SAN DIEGO – August 28, 2014 The San Diego Venture Group announced today that the founder of both Tech Coast Angels and CommNexus, Mike Krenn, has succeeded Dave Titus as its full-time President.

“Mike has been passionately invested in the San Diego tech community, having helped found both the Tech Coast Angels and CommNexus,” said Bob Holmen Chairman of the San Diego Venture Group’s Board of Directors. “He’s the right person to continue expanding our impact in fostering the region’s innovation economy, and we’re excited at bringing him aboard as our President.”

Krenn is also the founder of VenturePipeline.com, a service that matches emerging growth tech companies with venture capital sources. He has helped more 50 companies raise funding, in the hundreds of millions of dollars, with leading firms around the country. Over the years, Krenn has also counseled hundreds of technology companies on various aspects of their business plans, including management issues, market development, strategic partnerships and financing strategies.

“I’m very excited about the opportunity. It’s important to note, and thank my predecessor, Dave Titus, for all that he has done and will continue to do as an active member of San Diego Venture Group,” said Krenn. “I’m looking forward to working with our very active and highly regarded Board of Directors alongside our supporting sponsors and committed members. Collectively, we will prominently showcase what this region has to offer in terms of the next great business investment opportunities. I’m looking forward to working with the entire emerging growth community here and helping drive access to capital, whether it is here, Silicon Valley, or elsewhere. We want to continue to grow San Diego as a leading technology center in this country. ”

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Summer Social Beer Bash!- online registration closed, walk-in registration available!

 

Fourth Annual Summer Social Beer Bash!

Wednesday, August 27 – 4:00 to 7:00 p.m. – Scripps Seaside Forum

BeerBash3 copyJoin the party to end the summer with 500 of your SDVG friends! Spend an afternoon at the beautiful Scripps Seaside Forum for our Summer Social Beer Bash! Sample some of San Diego’s best craft brews, along with plenty of great food, wine, spirits, a live band, and a La Jolla sunset.

You work hard, so take a couple hours off! This is a purely fun networking event with food, drink, and entertainment. The past 2 years sold out so register now!

 

 

Location and Directions:

EVENT VENUE ADDRESS (please note parking here is strict and requires a permit from UCSD!) – Scripps Seaside Forum – 8610 Kennel Way (formerly Discovery Way) La Jolla, CA 92037
http://scripps.ucsd.edu/About/Venue_Rentals/Scripps_Forum/General_Information/parking.php

PARKING IS AVAILABLE AT BIRCH AQUARIUM with a FREE shuttle provided by SDVG – 2300 Expedition Way, La Jolla, CA 92037; http://aquarium.ucsd.edu/Plan_a_Visit/Directions/

Dress/Attire:  Don’t forget to wear a hat! This year we are kicking off our Hat-Extravaganza! Dust off those opening day at the races hats and wear them to our summer social! Business Casual is suggested. The event takes place outside on grass and cement so please dress accordingly.

Breweries: Belching Beaver, Coronado Brewing Co., Karl Strauss,  Lightning Brewery, Stone, and Ballast Point!

 

Thank you Sponsors!

sponsor-logo-wellsfargo   sponsor_logo_knobbe   VPA_Logo2

 

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You’re Invited to “Building Better Boards”

Registration closed 7/22 @ 9am.

Walk-In Registration available for $60.

 

Sponsored by

B&B MMA LogoAlexandria_web
sponsor_logo_wsgr

 

Join us to find out how to put together a Board of Directors that works for your company!

Who are the right people? How do you get them involved? How do you leverage their expertise? Join us as some of our most experienced CEOs and board members share their insights!

We will be joined by:

David Hale, Hale BioPharma Investments
Jeff Lunsford, Tealium

Ken is both an experienced VC and former executive who built boards.

 

And with Moderator Rob Kornegay from WSGR

and more to come!

Building Boards
Thursday, July 24, 2014
7:00 AM – 9:00 AM
Hyatt Regency La Jolla 

Registration closed 7/22 @ 9am.
Walk-In Registration available for $60.

 

About David Hale:

Mr. Hale is chairman and CEO of Hale BioPharma Ventures LLC, a private company focused on the formation and development of biotechnology and specialty pharma, diagnostic and medical device companies. He serves as Executive Chairman of Biocept, Inc., a cancer diagnostic company focused on the detection and analysis of circulating tumor cells. Mr. Hale was formerly president and CEO of CancerVax Corporation, a biotechnology company focused on the development of novel biological products for the treatment of cancer, from October 2000 until its merger with Micromet, Inc. in 2006 when he became chairman of the combined companies. Mr. Hale has previously led some of San Diego’s premiere biotech companies, including as president and CEO of Hybritech, Inc. before it was acquired by Eli Lilly & Co.; and as chairman, president and CEO of Gensia, Inc., through its merger with SICOR to form Gensia Sicor; and as a co-founder and chairman of Viagene, Inc. prior to its acquisition by Chiron Corporation. Mr. Hale also was a founder and currently serves as chairman of Somaxon Pharmaceuticals and serves as chairman of Santarus, Inc., which are publicly held companies. and of the private companies, SkinMedica, Inc., Ridge Diagnostics, Intrepid Therapeutics, Inc and Advantar Laboratories, Inc.

 

About Jeff Lunsford:

Jeff Lunsford has more than two decades of experience as a technology and Internet executive. Jeff previously served as President, CEO and Chairman at Limelight Networks, which he took public in 2007 as part of a $240M IPO. From 2003-2006, Jeff was the CEO of WebSideStory, a SaaS-based web analytics pioneer that went public in 2004 and is now part of Adobe Systems. Prior to that, Jeff was the CEO of TogetherSoft, a software development tools company that was sold to Borland Software. A former naval aviator, Jeff received a B.S. in Information and Computer Sciences from the Georgia Institute of Technology.

 

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Corporate Venturing

 Please note you don’t have to get up early for this event!

Corporate Venturing is the leading growth segment of the venture capital market.  No longer passive investors, today’s corporate VCs are leading deals, setting terms, and investing at earlier stages than ever before.

Join us for cocktails (really – on us!) and appetizers and then hear some of the leading corporate VCs discuss how they approach deals, work with entrepreneurs and their corporate parents.

REGISTRATION CLOSED, WALK IN AVAILABLE $60

Thursday, April 17th, 2014; * evening time** 5:30 p.m. – 9:00 p.m. 

Location is Qualcomm  Building N: 5775 Morehouse Drive, San Diego, CA 92121

5:30 p.m. –  6:30 p.m. Networking over food and cocktails
6:45 p.m. – 7:55 p.m. Panel
8:00 p.m. – 8:45 p.m. Networking over coffee and dessert

Event is FREE to SDVG Members; non-members $50.

 

Our speaker lineup:

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Nagraj Kashyap

Nagraj Kashyap, Head of Qualcomm Ventures.  Located in our backyard, Qualcomm is one of the most active corporate VCs in the world.

John Somorjai, Sr. VP of Corporate Development & Strategy of SalesForce.com.  SFC is quickly becoming a leading investor in the software segment.

Dave Piacquad, SVP of Business Development of Amgen. Fresh off a big win here with Calistoga Pharmaceuticals, Amgen is on the lookout for more.

 

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Bruce Steel

 

With moderator Bruce Steel, Managing Director of BioMed Ventures and SDVG Board member. Leveraging their nationwide set of contacts, Biomed is an active investor in lifescience companies.

 

 

 

Thank you, sponsors!

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Equity Crowdfunding – Myths vs. Reality- SOLD OUT

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Jon Carder

WE ARE SOLD OUT! REGISTRATION IS NOW CLOSED

STANDING ROOM ONLY $20 (MEMBERS AND NON-MEMBERS)

This ain’t no Kickstarter campaign! Equity Crowdfunding, where you trade shares for cash, is finally here and the clutter in the market can make an entrepreneur crazy!

Join Jon Carder, Founder and CEO of MOGL, as he shares his experiences using two of the leading portals to raise capital. Jon has done it all, from angel money to VCs to crowdfunding. He will share his insights with you as well give Ted Roth of OpenRound the story on his his experiences with both AngelsList and OpenRound.

Thanks to our Sponsors:  Haskell & White, SkyRiverIT, and Wilson Sonsini.

Scott Jordan

Scott Jordan

And it’s not just for consumer internet companies!  Scott Jordan, Founder of HealthiosXchange, will explore how lifescience companies can use equity crowdfunding.

Join us as we present a panel of leading crowdfunding portals, platforms, and investors who have participated, and companies who have been funded. Forget about all the chatter and come hear directly from those who making equity crowdfunding a reality.

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…And a mystery San Diego angel will announce the launch of a new portal affiliation focused upon local companies!

 

 

You will also have the opportunity to attend a breakout session with one of the portals to learn more about how they work and how to invest.  These sessions will be held at the Marriott from 9:15 to 10:00 am.


Equity Crowdfunding – Myths vs. Reality

February 27, 2014 | 7:00AM-9:00AM Del Mar Marriott, 11966 El Camino Real, San Diego, CA 92130

SOLD OUT!!!!!!

STANDING ROOM ONLY $20 (MEMBERS AND NON-MEMBERS)

    Thank you Sponsors!

 

Haskell

SkyriverIT_logo

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PitchFest winner is OnMyBlock!

 THANK YOU SPONSORS! 
PROCOPIO | SILICON VALLEY BANK | PWC 

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Congratulations to OnMy Block CEO Morgan Schwanke, and Team!

All 3 Finalist pitches will be posted as soon as we receive the videos! Stay tuned!

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San Diego Venture Group had three finalists competing at the 14th Annual PitchFest event for up to $25,000 in cash and prizes. The companies were chosen from more than 90 applications from San Diego area start-ups!
We set a record-breaking attendance of more than 350 people! This was the closest PitchFest vote in history…OnMyBlock won by less than 10 votes! Congrats to all our Finalists!
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We had a surprise when SDVG President, David Titus showed up dressed like Ron Bergundy in his white tux jacket!

 

Thanks to EveryoneCounts for conducting the live online voting! The finalists who competed were:

 

 OnMyBlock (putting students in their place)

 Sonrgy, Inc. (blasting away cancer)

TrustEgg (keeping the $ safe for the kids)

 

Procopio SVBBank2

PWC3

Champagne Sponsor:

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PitchFest semi-finalists named!

Semi-Finalists for 14th Annual SD Venture Group’s PitchFest named 

Field of 10 to be narrowed down to three, that will compete for $25,000 within next two weeks; December 12 event to determine winner by audience vote.

Graciously sponsored by….

    sponsor_logo_procopiosponsor_logo_svb PwC

To register for the December 12 PitchFest event, visit www.sdvg.org/pitchfest2013/.

SDVG announces the semi-finalists that are competing to be the final three chosen to present at its 14th Annual PitchFest event on December 12. The 10 semi-finalists were chosen from over 90 applications from San Diego area start-ups. The field will be narrowed down to a final three by a panel of local venture capitalists within the next two weeks.  Those three finalists will compete for over $25,000 in cash and prizes at the dinner event.

The 10 semi-finalists are:

Sonrgy, Inc.

OnMyBlock

TrustEgg

Raynforest Inc.

Nasseo, Inc.

Pangea Pal

Zenhavior, Inc.

Precision Information (Publisher of the Educated Investor®)

Curvo Labs

BidTru

To register for the December 12 PitchFest event, visit www.sdvg.org/pitchfest2013/.

 

PitchFest is made possible through the support of Procopio, Silicon Valley Bank and PriceWaterhouseCoopers.

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VentureLink is back!

Know a software company with revenues that needs expansion capital?

 

SUSQUEHANNA GROWTH EQUITY, LLC LOGO

apply-hereApplications due Friday, October 25, 2013.

What is VentureLink?

SDVG’s VentureLink program connects venture capital firms with local talent and businesses to encourage investments within our region.  We put 4 or 5 qualified companies in front of a VC for a one hour meeting.
Susquehanna Growth Equity will visit San Diego to look for investment opportunities on Thursday, November 7, 2013.

Who is Susquehanna Growth Equity?

Susquehanna www.sgep.com is a growth equity firm, based in Pennsylvania, with numerous portfolio companies on the west coast, primarily Silicon Valley.  The fund is seeking companies currently doing $5-$50M in revenues. Some exceptions will  be made, if the company is doing $400k-$500k a month and on target for a $5M run rate, demonstrating good growth. Their focus is on recurring revenues, and investing for growth.

What is Susquehanna looking for?

Susquehanna seeks to invest in information companies in the software vertical.

Specific areas of interest include:  healthcare IT, big data, consumer internet, financial, payments, security, human resources, and other B2B applications.

 apply-here

 

Applications due Friday, October 25, 2013.        Questions?  Email SDVG.

VentureLink is sponsored by:

Moss_Adams_LLPProcopio

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Venture Summit was a hit! We hope you made it!

Venture Summit 2013 was a HUGE success with more than 600 people in attendance!  An out of this world keynote about venturing to Mars, 30 COOL Companies, and more than 100 VCs.

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We’re providing highlights of the event with a few sample presentations from our awesome lineup of speakers.

To download a copy of the event’s program, click here.
Keynote Speaker Gwynne Shotwell, President and COO of SpaceX, helped build the Falcon vehicle family manifest to more than 50 launches, representing over $5 billion in revenue.

Dave Titus, President of San Diego Venture Group and Managing Director of Windward Ventures, provides an overview of venture activity:

 

Rebecca Beaudreaux, Ph.D., of Oberon Fuels Discusses “Energy, Innovation, and Environment”

Dr. Larry Smarr, Founding Director of the California Institute for Telecommunications and Information Technology (Calit2), covers the future(s) of the internet:

 

Stephen Coggeshall of ID Analytics covers “Big Data. Big Dilemma”:

 

Organovo’s Sharon Presnell, Ph.D., presents “Shaping the Future of Medicine”


Chris Anderson of 3-D Robotics presents “Come Fly With Me”

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