Haas NewsWire


Haas NewsWire, July 12, 1999


CONTENTS
Annual Fund Surpasses $2 Million Goal
Two Incubator Startups Acquired in Multi-Million Dollar Deals
Class of 1999 Produces Record Number of Entrepreneurs
Dean Tyson Elected to Fox Entertainment's Board of Directors
California Management Review Wins Two Golden Page Awards
Evening MBA Program Launches International Business Course
Staff Member Mike Wilson Joins Entrepreneurial Ranks
Three New Faces Join Haas Staff
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HAAS HEADLINES


ANNUAL FUND SURPASSES $2 MILLION GOAL

The 1998-99 Haas School Annual Fund has exceeded its unprecedented $2 million goal. As of July 1, the Haas Annual Fund reached $2,020,034 in unrestricted, flexible resources.

Over 3,000 alumni, friends, and Corporate Partners invested in the innovative programs under way at the Haas School by supporting the Annual Fund.

This represents an increase of over $300,000 over the 1997-98 Annual Fund in flexible resources available for the dean's initiative, and includes 680 first-time donors to the Annual Fund. Over 80% of Annual Fund dollars were contributed by individuals; nearly 20% were contributed by Haas School Corporate Investors.

Under the leadership of Matt Lempres, chair of the Development Council during the past two years, the Annual Fund has grown nearly 40% or $568,034. Lempres has been instrumental in building a closer relationship with the Haas Alumni Network board and in their increased understanding of the importance of the Annual Fund.

Effective July 1, 1999, the torch for the Development Council chair was officially passed to Rick Holmstrom, MBA 89.

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TWO INCUBATOR STARTUPS ACQUIRED IN MULTI-MILLION DOLLAR DEALS

In the last month, two Haas School startups that hatched in the Berkeley Business Incubator were recently bought in multi-million dollar deals. In late June, The Big Network, founded by Steve Sellers and John Hanke, MBAs 96, was acquired by eUniverse for $17.1 million in stocks. Sellers and Hanke will take on management positions for The Big Network and additional eUniverse ventures as part of the deal. The Big Network is their second startup. The first, Archetype, sold for $7 million in 1997. Both are Internet game software companies.

MySoftware Company announced that it will acquire MarketHome, Inc., in a $15 million all-stock transaction. MarketHome is a e-mail campaign management company founded by UC Berkeley graduate Jim Williams with the help of Haas MBA 99 Jim Moliski. MarketHome provides email marketing to catalog companies like LL Bean, Coach, and Talbots.

Another Haas startup, MyPoints, which was founded by Steve Markowitz, MBA 96, has announced that it will go public within a month. MyPoints, formerly called Intellipost, rewards customers for visiting web sites and reading email messages that contain product information by various advertisers.

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CLASS OF 1999 PRODUCES RECORD NUMBER OF ENTREPRENEURS

Nearly 13% of the 1999 graduating class of day-time MBAs so far have reported that they are entering entrepreneurial careers -- 19 MBAs have founded a total of 11 companies and 13 graduates joined existing startups. (Final statistics will be available at the end of August.)

The percentage of the Haas School's entrepreneurs in the full-time MBA program has climbed significantly over the last five years:

1995 3.8%
1996 9.0%
1997 4.1%
1998 6.3%
1999 12.7%

The entrepreneurs who graduated in May have an informal organization for classmates focused on entrepreneurial ventures, called the Haas Founders Forum 1999 (HFF). HFF aims to create an environment where founders and other early stage entrepreneurs can exchange information and learn from each other's professional experiences. HFF will coordinate monthly social gatherings and provide resources to facilitate the sharing of information. HFF is open only to Haas 99 alumni who are members of a startup with no more than 10 persons or employed in the venture capital industry. The organizers of HFF hope that other classes will follow suit and eventually build a network of Haas Founders. The ventures created this year include zipRealty, The Utility Corner, GetRelevant, jSpan, NoSilence.com, RedLadder, *tivity, Ashesi, Portal Wave, and a yet to be named Japanese E-commerce venture.

Three Evening MBA students founded high-tech ventures: Beth Scanlan's Boulevard Software, Alan Knitowski's Vovida Networks, and Venu Jadcherla's Space Machines.

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DEAN TYSON ELECTED TO FOX ENTERTAINMENT'S BOARD OF DIRECTORS

Dean Tyson was elected to the Board of Directors of the Fox Entertainment Group in May, along with E*Trade Chairman and CEO Christos Cotsakos. The $14 billion company produces feature films and manages a worldwide film, cable, and television distribution system. Tyson and Cotsakos increase the number of Fox board members to seven.

"Dr. Tyson comes to us with an extraordinary academic background in business and technology, as well as years of experience in national and international economics at the highest levels of government," said Peter Chernin, Fox president and COO in a press release. "We look forward to relying on her insights and experience as we push ahead with our ambitious agenda."

Tyson serves on several corporate boards, including Ameritech, Eastman Kodak, Healtheon, Human Genome Sciences, Morgan Stanley, and E.M. Pincus.

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CALIFORNIA MANAGEMENT REVIEW WINS TWO GOLDEN PAGE AWARDS

The California Management Review (CMR) won two Golden Page Awards by Anbar Electronic Intelligence, Europe's leading on-line abstract publisher and analyst. CMR was selected as the best publication in two general management categories, "Most Readable Content" and "Best Practical Implications."

The Golden Page Awards highlight four categories of excellence -- research implications, practical implications, originality, and readability -- across a broad range of management journals.

In announcing the award, CMR staff said it is pleased to be recognized by the leading business schools, consultancies, and management experts world-wide for the quality of its articles. In a recent ranking of business schools published by the Financial Times of London, CMR was one of only three publications used to measure "impact" research by business school faculty members.

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EVENING MBA PROGRAM LAUNCHES INTERNATIONAL BUSINESS COURSE

The Evening MBA program has launched what will likely become an annual elective course in international business, according to Sebastian Teunissen, director of international affairs at Haas, who teaches the popular International Business Development course for day-time MBAs.

The Evening MBA course, which combines classroom work and a study tour abroad, runs from June through August and focuses on a specific geographic region each year. This year, the emphasis is on Japan and Vietnam. The instructor for the course is Sebastian Teunissen. Classroom sessions are being led by Haas faculty Robert Cole and Peter Wilton and outside guest speakers.

In July, the students, accompanied by Professor Andrew Shogan and Sebastian Teunissen, will travel to the Kansai region of Japan and to Hanoi, Vietnam. In Japan they will visit such companies as Procter & Gamble, the Foreign Buyers Club, and Sumitomo Electric, as well as the US Consulate-General. In Vietnam the itinerary includes visits to the US Embassy, Motorola, Citibank, and IBM, among others.

In future years the focus of the course is likely to include Latin America, Europe, Africa, and Asia on a revolving schedule.

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STAFF MEMBER MIKE WILSON JOINS ENTREPRENEURIAL RANKS

Mike Wilson, director of media services, announced his resignation from Haas as of July 8 to commit himself full-time to his own company, Virtual Learn, Inc. Wilson, who joined Haas in 1995, managed all media, multimedia, and web services.

Virtual Learn is an Internet start-up that offers training resources such as videos, CD-ROM, books, web-based training, computer-based training, and live training within a single web site (Portal). "This allows time-strapped corporate training developers a one-stop shopping, review, and networking opportunity never before possible," said Wilson. He expects to have over 10,000 products available on its web site by the end of the year. The company has just completed its first round of funding from angel investors.

According to Wilson, Virtual Learn was helped along by many people at Haas, including MBA students and the Lester Center, especially Stephanie Tibbetts, Jerry Engel, and John Freeman. Virtual Learn is located near the UC campus on Durant Street.

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THREE NEW FACES JOIN HAAS STAFF

Melinda Carmack, Director of Major Gifts

Melinda Carmack joined the Haas School as the director of major gifts and corporate relations on June 28, filling the position vacated by Joan Rex, who moved to New York with her husband in March.

Carmack comes to the Haas School with 20 years of fundraising experience and she has spent the last 10 years at International House heading up its alumni and development department. She has worked with the Haas alumni and development staff on three international alumni symposia and is quite familiar with the school and its constituents. Carmack can be reached at carmack@haas.berkeley.edu or 1-510-642-3182.

Trish Ordonez, Assistant Director of Alumni Relations

Trish Ordonez joined the alumni relations staff on June 14, as assistant director of alumni relations. She succeeds Wendy Nalbandian, who left Haas in June to move to San Diego with her husband.

Ordonez has over six years of experience in alumni relations from her previous work at UC San Diego and the California Alumni Association at UC Berkeley. She served as the manager of regional alumni clubs, community relations, and student outreach for CAA for the past two years. Ordonez can be reached at trish@haas.berkeley.edu or 1-510-643-7442.

Ursula Alberts, CED Program Manager

Ursula Alberts has joined Haas as program manager for the Center for Executive Development, where she will be working with faculty and staff to coordinate executive development programs.

Alberts' first assignment is to manage the four-week Berkeley segment of the Master of Business Engineering degree program of the University of St. Gallen, Switzerland. The Berkeley segment consists of three weeks of classroom sessions, held at Haas, and one week of corporate visits to Silicon Valley companies.

Before joining Haas, Alberts worked for Vanstar Corporation, a computer services company, where she was operations manager for training programs. Alberts grew up in Munich, Germany, but has been a California resident for many years. She holds BA and MA degrees from Cal. She can be reached at alberts@haas.berkeley.edu or at 1-510-643-9062.

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NEWSMAKERS

All articles are posted on the "Haas in the News" bulletin board between the student lounges and the Computer Center on the third floor.

A San Francisco Examiner article on June 8, titled "It's never too early to start taking your personal finances seriously," featured Dan Goldie, a 1997 graduate of the Haas Evening MBA Program. Goldie is the author of the personal finance book "The Prudent Investor's Guide to Beating Wall Street at Its Own Game." See here for more.

The San Francisco Chronicle gave a brief description of the East Bay Outreach Project in a special column on outreach programs for entrepreneurial youth on June 9.

The Wall Street Journal front page announced the bi-coastal MBA exchange program between Columbia business school and the Haas School on June 17. Salon.com published an excerpt of Po Bronson's new book, "The Nudist on the Late Shift - and Other True Tales of Silicon Valley." The excerpt described the experiences of Steve Sellers and John Hanke, MBAs 96, who just sold their second Internet game startup, The Big Network. See here for more.

The Berkeley Daily Planet announced the Nasdaq Biotech Summit in its Local News section on June 25. The Biotech Summit agenda featured Haas School Dean Laura Tyson, School of Public Health Dean Ed Penhoet, FDA Commissioner Jane Henney, and Oakland Mayor Jerry Brown.

The Daily Californian wrote about the Nasdaq Biotech Summit, held at the Haas School on June 27-29, on June 29. The article focused on Dean Tyson's keynote speech about how the biotech industry might address the needs of Medicare's most dire problems.

Business 2.0 published an article, "New School of Thought," about the blurring lines between marketing and technology, and business and academe. As an example, the article features the Haas School's new Center for Marketing and Technology and the work of Rashi Glazer and Pete Sealey, co-directors of the center, and Russ Winer, chair of the marketing group. All these are pictured in the article.

Newsweek published an article in its July issue on high-tech workers and entrepreneurs "cashing in" on the bull market for Internet stocks and startups. The article mentions Steve Markowitz, MBA 96, who was offered $80 million for his company, MyPoints, but instead decided to take it public next month.

Business Week Online just published the first in a series of bimonthly submissions of an entrepreneur's diary on its Frontier site. The entrepreneur writing the diary is Scott Kucirek, MBA 99, co-founder with Juan Mini, MBA 99, of the Internet startup zipRealty. You can read the diary here.

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The Haas NewsWire is the electronic news weekly for the Haas community published every Monday by the Marketing and Communications Office at the Haas School. Send your news, feedback, and suggestions to Haasnews@haas.berkeley.edu.

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