Somak Chattopadhyay, Vice President, Greenhill SAVP
Michael Gochman - Founder, Gochman Group
Jonathan Greengrass, Vice President, Greyston Foundation
David S. Rose, Chairman, New York Angels
Lori S. Smith, Partner, Sedgwick, Detert, Morgan & Arnold LLP
Stanley S. Litow ,President, IBM International Foundation
Somak Chattopadhyay joined Greenhill SAVP in 2007 and has been active as a venture capitalist or entrepreneur in the NY region for over a decade. Previously, he was at Edison Venture Fund, where he sourced and evaluated investments in the tech-enabled services sector and launched the firm's New York office. Prior thereto, Somak held senior marketing/business development roles at Medtower, a pharmaceutical IT software company. He previously co-founded the mobile division of Dealtime, a comparison shopping company (now Shopping.com) that went public on the NASDAQ and subsequently acquired by eBay. Somak started his career in investment banking at Broadview International and was previously director of the Software & Information Industry Association.
Somak is currently a director or observer at BDMetrics, ReachForce, MIT Enterprise Forum of New York, and The Indus Entrepreneurs (Tri-State chapter). He is also Vice Chairman of the Software & Information Industry Association Private Equity Forum and on the steering committees of the NYCVC and the Mid-Atlantic Venture Association's Software Vanguard Series. He holds a BS in Mechanical Engineering from MIT and an MBA from Columbia Business School.
With over $100 million under management, Greenhill SAVP makes early stage venture investments in technology enabled services and business information services companies. Prior fund manager investments include LivePerson (NASDAQ:LPSN), OpenWave (NASDAQ: OPWV), UGO Networks (acquired by Hearst Corporation), KnowledgeStorm (acquired by TechTarget) and YellowJacket (acquired by the Intercontinental Exchange).
Greenhill SAVP is an affiliate of Greenhill & Co., Inc. (NYSE: GHL), an independent investment banking firm with offices in New York, London, Frankfurt, Toronto, San Francisco, Tokyo, and Dallas. Greenhill SAVP leverages its deep domain expertise, a proven investment track-record and a global corporate network to create significant portfolio value. For more information about Greenhill SAVP, please visit www.gsavp.com.
Michael Gochman began his career in commercial real estate in 1984, working 6 1/2 years with the Rockefeller Group as an executive on the leasing team at Rockefeller Center. After working the next 6 years at commercial real estate brokerage firms CB Commercial (now CB Richard Ellis) and The Friedman Group, Mr. Gochman was recommended to Donald J. Trump to oversee the redevelopment of 40 Wall Street (which Mr. Trump had just bought). The 1.2 million square foot, 72-story office tower was 90% vacant at the time. As Vice President for the Trump Organization his responsibilities included oversight of the development team (designers, engineers, contractors, vendors), in addition to the marketing and leasing of the office and retail space. In less than three years, 40 Wall Street was 95% occupied, as major leases were signed with American Express and CNA Insurance, among others. Mr. Trump's vision for the property, together with solid execution by the Project Team turned his initial $1 million (not a typo) into a $300,000,000 asset within three years. Today the property is worth over half a billion dollars.
Mr. Gochman's entrepreneurship began when he was invited to join TechSpace in 1999 as a Managing Principal, now a Gochman Group affiliated company. TechSpace provides turn-key office environments for small technology/creative companies. Upon its opening in 1998 only a handful of class A New York office buildings were able to offer broadband internet access. The company's business model was able to capitalize on the dotcom boom. TechSpace principals raised over $25 million of investment capital to open two facilities in New York City and one each in Boston, Toronto and San Francisco. TechSpace Ventures, a venture capital fund was also established. The Company was sold to a competitor in 2002. After the sale of TechSpace, Mr. Gochman founded Gochman Group Inc.
Gochman Group focuses on value-added investing in a broad range of real estate opportunities. The firm invests equity capital on behalf of high net worth individuals and institutional investors, and will at times align itself as Operating Partner in the acquisition. Some of the companies working with Gochman Group include, but are not limited to, The Carlyle Group, Starwood Capital Group, Hudson Realty Capital, The Blackstone Group, Tri-Artisan Partners, The D.E. Shaw Group, Icahn Enterprises among others. In addition, Gochman Group keeps its brokerage business active through office, retail and investment sales brokerage. The company acts as advisor to parties involved in the structuring of real property joint ventures, asset re-capitalizations and third party development.
Mr. Gochman Holds a BS in Marketing from the University of Vermont and an MBA in International Business from Pace University.
Jonathan Greengrass is Vice President of Development and Public Relations and a member of Greyston Foundation's Executive Leadership Team.
A graduate of Tufts University, Mr. Greengrass' experience includes 20 years of fund raising, non profit, consulting and business experience. He has held senior management positions at The Randalls's Island Sport Foundation, Learning Leaders, and World Hunger Year.
His background includes the founding of Made From Scratch, a gourmet food company, and NewTel, a social enterprise that combined a welfare-to-work training program with an onsite teleservices call center.
At Greyston, Mr. Greengrass provides strategic management for private and government funding efforts and public relations outreach. Mr. Greengrass resides in Westchester County with his wife and two children.
About Greyston Foundation
Reaching more than 2,200 community members annually through its programs, the Greyston Foundation recently celebrated its 25th anniversary. Located in the heart of Yonkers, Greyston Foundation has become a national model for comprehensive community development and is best known for the Greyston Bakery which has provided jobs and opportunities for hundreds of individuals. The Bakery's mission is to work as a force for personal transformation and community economic renewal while operating a profitable business that bakes high quality gourmet products. The Greyston Foundation is a $13 million integrated network of for-profit and not-for-profit entities that provide jobs, workforce development, childcare, housing, after-school programs and a comprehensive HIV health care program.
Stanley S. Litow - President, IBM International Foundation
Stanley Litow is the President of the IBM International Foundation and IBM's Vice President for Corporate Citizenship and Corporate Affairs. He heads global corporate citizenship efforts at IBM, which contributes nearly $150 million across 170 countries. Under his leadership, IBM has developed new innovative technologies to help non literate children and adults learn to read, helped people with disabilities access the internet, created a humanitarian grid to power research on Cancer and AIDS and developed technology to increase economic growth and small business development.
Before joining IBM, Stanley served as the Deputy Chancellor of Schools for New York City, the nation's largest school system. Prior to his service with the City's public schools, he founded and ran Interface, the non profit "think tank" and served as an aide to both the Mayor and Governor of New York.
Stanley's articles and essays have appeared in numerous books and publications including the Yale Law Review, Annual Survey of American Law, Brookings Papers, the American Academy of Sciences, the Journal for the Center for National Policy, the New York Times and Newsday.
Stanley is the recipient of the Council on Foundation's prestigious Scrivner Award for creative philanthropy and awards from the Anne Frank Center, Martin Luther King Commission, Manhattanville College, Federation of Protestant Welfare Agencies, Coro Foundation, Helen Keller Services to the Blind, New Visions for Public Schools and the Women's City Club. He has served as an adjunct faculty at New School University, the City University of New York and Long Island University.
He helped create and chairs the Global Leadership Network and serves on the board of Harvard Business School's Initiative on Social Enterprise, Independent Sector, Citizen's Budget Commission, and the After School Corporation
David S. Rose is an entrepreneurial executive and investor with extensive experience in high technology and communications, angel investments, finance and government. He was named by Inc. magazine to the 1998 Inc 500 list as CEO of one of the fastest growing private companies in America. Red Herring magazine has described him as "a patriarch of New York's Silicon Alley" and Crain's New York Business named him one of the City's 25 most influential technology executives.
During the course of his career, Mr. Rose has supervised the creation of an intellectual property portfolio of issued patents appraised at over $100 million and negotiated both domestic and international corporate acquisitions. He was a prime author of the new data messaging protocols for the personal communications industry, and lectures frequently on issues relating to the development of the international information infrastructure.
In 1997 he was honored as a finalist for Ernst & Young's Entrepreneur of the Year Award in the New York New Media category; in 1984, Time magazine profiled him in its "Computer as Man of the Year" issue; and he has been the subject of numerous interviews and articles in print and electronic media. He is a member of the Technical Committee of the Personal Communications Industry Association as well as the Council of Communications Advisors.
Mr. Rose is Chairman of the Board of the New York Angels, Inc., the leading angel investment consortium in the New York region. Through his investment fund, Rose Tech Ventures, he provides capital and management expertise to promising early stage companies. On behalf of his own technology firms he has personally raised tens of millions of dollars in venture, strategic and institutional capital.
With over two decades of hands-on experience in founding, managing and funding diverse companies, Mr. Rose is actively involved in mentoring and advising other entrepreneurs and corporate executives. Dubbed by BusinessWeek "The Pitch Coach" for his ability to help entrepreneurs perfect their fundraising skills, he was a Founding Member of the New York New Media Association and is a frequent guest speaker at graduate business schools including Harvard, Yale, Columbia and NYU. He is also a mentor and judge of Yale University's annual business plan competitions and has judged the annual Students in Free Enterprise national finals. As a regular lecturer for New York's Industrial Technology Assistance Corporation he has taught the Venture Financing and Deal Negotiation section of the FasTrak Tech courses since 1997.
Lori Smith, a partner with the firm's Corporate Practice Group, represents foreign and domestic companies in various industries, including technology, media, financial services, food and beverage, sports, textile, fashion, specialty chemicals, and drug and medical device. She has more than 25 years of experience acting as outside counsel with regard to all aspects of corporate and commercial transactional work, corporate governance matters and negotiation of commercial agreements. Ms. Smith has significant experience representing emerging technology companies and investors, and advising companies at all stages of development ranging from start-ups to public companies.
Ms. Smith has represented public and private companies in the structuring, negotiation and implementation of equity and debt financings and private equity transactions; private placements; acquisitions and mergers; strategic alliances; joint ventures; and licensing, manufacturing and distribution arrangements. She also advises companies with respect to the various issues that need to be addressed in anticipation of and planning for a public offering, sale or merger.
In addition, Ms. Smith advises clients on all aspects of business operations, including board of directors and shareholder issues, negotiation of shareholders' and voting agreements, and transitional issues in connection with the transfer of management and control from one generation to the next.
Ms. Smith is an active member of the MIT Enterprise Forum, serving on the global and New York chapter boards. In addition, she is a member of the New York Advisory Board of Astia, a non-profit organization that promotes entrepreneurship among women. In 2008 and 2009, Chambers US named Ms. Smith as one of New York's leading lawyers in the technology industry.
Ms. Smith frequently speaks at events focused on the New York technology and investment community. She recently moderated a panel discussion on the current state of angel and venture capital investment at the 2009 Astia Doing it Right Conference. She also served as a panelist at the April 2009 MIT Enterprise Forum symposium, which focused on mergers and acquisitions, IPOs and other alternative strategies for liquidity in the current economic environment.
Ms. Smith earned her JD with high honors from Duke University School of Law where she was the senior-editor of Law and Contemporary Problems. She received her BA, magna cum laude, from the University of Rochester.