Building for an Exit
Thursday, May 28, 2015
Venue: Stubbs Alderton & Markiles, LLP
1453 3rd Street Promenade, Suite 300
Santa Monica, CA 90401
Entrepreneurs are driven by a passion to build companies. Inherent in this drive is the desire to create products or services that are superior to their predecessors, so that they make business more efficient, elevate the customer experience, or improve the quality or longevity of life. Of course, underpinning all entrepreneurial endeavors is the goal for profit and the maximization of enterprise value. While such value may be realized in many forms and through various mechanisms, it is the corporate “exit” with which most are keenly familiar. But, is it ever too early to plan for an “exit”? Should every CEO have an exit in mind when building a business? Does building for an exit conflict with the goal of entrepreneurship, which is to build great companies? Please join us for a lively breakfast discussion, where panelists will debate the merits and pitfalls of building early-stage companies for a corporate sale. Panelists will include seasoned entrepreneurs, investors, and bankers, with a range of perspectives on the topic at hand.
Kevin DeBré, Partner, Stubbs Alderton & Markiles, LLP – Kevin D. DeBré leads the intellectual property and technology transactions practice at Stubbs Alderton and Markiles, LLP, a corporate, securities, M&A and intellectual property law firm in Los Angeles and Santa Monica. Kevin is a business lawyer, a registered patent attorney and a former engineer. He advises entrepreneurs and companies that use intellectual property to build their businesses and also counsels clients on compliance with data security and privacy laws and regulations. Kevin received his J.D. degree from Hastings College of the Law and his B.S. degree from the University of California, Davis.
Roberta Jacobs, CEO at FANATTAC – Roberta Jacobs is a C-level executive who earned her global expertise in consumer technologies working for American and Japanese companies in Asia, Europe and Latin America. She was the decision-making executive for Viacom’s new media assets including Star Trek, Mission Impossible and SpongeBob. In between corporate positions she worked with well-known start-ups helping them to launch, get funded and/or acquired including Craigslist, WIRED, Hewlett Packard’s “portable music platform,” Sega, First Data Corporation and JVC Electronics. She has been instrumental in the sale of four different companies in part or in whole to First Data Corporation, eBay, Conde Nast and Forstmann Little.
Kambiz Aghili, Managing Partner at K2 Capital Partners – Kambiz Aghili is a Managing Partner and a co-founder of K2 Capital Partners. He has more than a decade of experience in product strategy, management consulting, market and competitive positioning, intellectual property and operational advisory services. Prior to co-founding K2 Capital Partners, Mr. Aghili served as a managing partner at Eton & Stallion Capital, offering strategy consulting, capital formation, M&A and private to public structured products to family offices and lower/middle market firms. Mr. Aghili has served as a senior fellow for UCLA Anderson School of Management’s entrepreneurship center since 2009. In this capacity, he managed consultants and advised 100+ lower/middle market companies on growth and business strategy formation including business plan development, competitive positioning, sales/channel expansion, capital formation and post-merger integration. Previously as the managing director of the AFH Holding and Advisory family office in Beverly Hills, he led the placement of strategic private and public equity/debt investments. In his prior role as a director of product strategy and intellectual property for Teradata Corporation, Kambiz actively contributed to M&A engagements and strategic partnerships. He also led and contributed to numerous buy vs. build product roadmaps in emerging technologies, database management and big data analytics and managed large development teams across the U.S., India and China. Mr. Aghili earned executive training in business strategy from Harvard Business School, an M.B.A. from UCLA Anderson School of Management in business strategy and finance, as well as PhD and M.S. degrees in computer science from the University of California at Santa Barbara.
Brett Parker, Co-Founder & COO of Cargomatic, Inc – Brett Parker is Co-Founder and COO of Cargomatic, Inc., a technology platform that connects shippers and truckers in real-time (“Uber for Trucking”). Previously, as Managing Partner of The Triangle Group, Brett oversaw large national accounts, such as Dillard’s, Belk and Perry Ellis and was instrumental in Levi Strauss and Co.’s launch into Target and Walmart, considered one of the largest apparel launches in history. At Triangle, Brett was directly responsible for the strategic growth, as well as financial and operating performance of West Coast operations. Brett serves as a Board Member of the CSCMP, Southern California, earned a BA from University of Colorado, Boulder, and a JD from The Pepperdine University School of Law.
Jon Kraft, Managing Partner at LiftOff – Jon Kraft has over 20 years of experience as an entrepreneur in software and consumer digital media, and is currently Managing Partner at LiftOff, a Business Accelerator, and an advisor for several early stage companies. He was most recently Chief Operating Officer and a member of the founding team at UberMedia, Idealab’s prominent Internet start-up which he helped build into the world’s leading independent developer of mobile social apps. Before that, he was Co-founder and Chief Operating Officer for Big Stage Entertainment, Inc., an advanced avatar platform company recognized by Forbes in 2009 as one of America’s 20 Most Promising Companies, and sold to Image Metrix (IMGX:OTC) in 2010. Jon previously served as Co-founder and CEO of Pandora Media, the largest and fastest growing online radio product in the world with over 150M registered users in the U.S. (NYSE: P). Jon was also a Co-founder of Stanford Technology Group, an innovator in the relational OLAP market, funded by Sequoia and Hummer Winblad, and acquired by Informix Corporation in 1995. Jon served four years as Chairman of the Technology Council of Southern California, and currently sits on that organization’s Board of Directors. Jon holds a B.A. from Stanford University.