Dot Edu Ventures recently held its fourth annual bash, and the redoubtable hi tech guru Vinod Khosla gave the keynote speech, writes Zitin Bazaz.
Dot Edu Ventures, an innovative fund that bridges the ideas of academia and the rough-and-tumble world of high tech business, held their fourth annual event at the Stanford Faculty Club. The event was well represented by the venture capital community and CEOs of startups funded by Dot Edu Ventures. Keynote speaker Vinod Khosla, the co-founder of Sun Microsystems, when asked, “What makes a successful investor” answered jocularly “luck!” Amidst the ensuing laughter he clarified that luck is an element that cannot be laughed away. Khosla answered questions from the audience on the economy, ethics, business process outsourcing and revenue generating among others. The event was attended by industry stalwarts Ajit Shah (General Partner- Worldview Tech Partners), Raj Singh, Prabhu Goel, Raj Parikh (GP, Redwood Ventures), and Brent Jones (Partner, University Tech Ventures).
Dot edu ventures is a $20 million fund that was started by Asha Jadeja and Rajeev Motwani. Jadeja believes that the deep and profitable relationship between academia and business can be bridged by Dot Edu Ventures, the only venture fund that finances ideas originating from the classroom and steering it into the boardroom. Rajeev is a familiar name in academic circles as the director of graduate studies at Stanford University as well as a professor of Computer Science. Serving on several high-profile technical advisory boards including Google and Jumpstartup Ventures. Rajeev distinguished himself in academic circles with awards such as the Arthur Sloan Research Fellowship and the National Young Investigator Award from the National Science Foundation.
Zitin Bazaz Dhawan is director at inMedya Productions,a Silicon Valley-based PR firm.