How Top Venture Capitalists Create (and Sometimes Destroy) Portfolio Company Value

I hope you can join us Thursday night at a joint event of the Harvard Business School Angels of New York and the Harvard Business School Club of New York, on “How Top Venture Capitalists Create (and Sometimes Destroy) Portfolio Company Value”.  I’ll briefly discuss my research study on this topic, and then we’ll have an all-star panel speaking.

Christopher Fralic, Managing Partner, First Round Capital
Dave Tisch, Founder & Managing Director, TechStars NYC
Mike Yavonditte, CEO, Hashable

Nikhil Kalghatgi, Senior Associate, SoftBank Capital

Christopher Fralic is a Managing Partner at First Round Capital’s New York office, and has focused on a number of the firm’s investments in Advertising Technology, Social Media, Ecommerce, Gaming, Mobile and more.  Mr. Fralic has 25 years of technology industry experience, with significant Internet business development roles since 1996.  Prior to joining First Round in early 2006, Mr. Fralic was VP of Business Development at social bookmarking and tagging company through the Yahoo! acquisition.  Mr. Fralic was also one of the early employees and VP of Business Development at starting in 1999, and after the eBay acquisition, spent six years with eBay in a variety of entertainment, business development, and media roles.  Mr. Fralic earned his BS in Finance from Villanova University and his MBA from St. Joseph’s University in Philadelphia.  You can reach Chris at and @ChrisFRC.

Dave Tisch is Founder and Managing Director of TechStars in NYC and is an angel investor through the BoxGroup.  BoxGroup is an investor in companies like Boxee,, Goodsie,,, Coursekit, Skillshare, GroupMe, DataMinr and many more.  You can reach Mr. Tisch at and @davetisch.

Nikhil Kalghatgi is an early-stage Venture Capitalist at SoftBank Capital and is based in NYC. He focuses on evaluating and sourcing seed and series A opportunities and has special interests in mobile, e-commerce and social platforms. Mr. Kalghatgi was Founder and Fund-Manager of Partner 6 Investment Group, a micro hedge fund in Boston, and then joined the founding team of Localytics, a mobile application analytics provider. Mr. Kalghatgi is a recovering engineer with several years of experience in front-end design and development focused on mobile and web UX before completing his MBA at Harvard Business School. You can reach Mr. Kalghatgi at and @nikhilkal.

Michael Yavonditte is CEO of Hashable, a New York startup backed by ff Venture Capital and a number of other leading VCs. Previously he was CEO of Quigo Technologies, a contextual ad network, which he sold to AOL for a reported $340m+. Prior to joining Quigo, Mr. Yavonditte served as vice president of sales for USA Networks Electronic Commerce Solutions Group in New York. Prior to that he was Managing Director of the strategic alliances group at AltaVista. In 1997, Mr. Yavonditte joined Juno Online Services, Inc. as a director in their business development group. Mr. Yavonditte started his career at Ziff-Davis Publishing in New York where he held various sales and management roles.

Thursday, January 12, 2012

Location: Cooley LLP, 1114 Avenue of the Americas , 46th Floor (enter from 42nd Street), New York, NY
Time: 6:00pm Registration, 6:30 pm Program, please register by 3pm on Wednesday, January 11th
Cost: $15/Members of HBS Angels of NY and/or HBS Club of NY; $40/Non-members & Guests.  Includes buffet dinner
Organizers: Nikhil Kalghatgi MBA ’11, David Teten MBA ‘98
Sponsor: Cooley LLP

HBSCNY members register here $15.00

HBS Angels of NY members register here $15.00

Non-members register here $40.00

To join HBS Angels and learn more, visit