SSE Labs' Blog

Stanford's Student Startup Accelerator

8/14: Dinner with Karl Jacob, hosted by Christine Herron from First Round Capital

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Karl Jacob is a four-time entrepreneur and has been building and advising companies for the last 14 years. He also worked as a manager at Sun Microsystems and an executive at Microsoft. In his career, Jacob raised over $200 million from prestigious investors like Amerindo, Microsoft, eBay, Integral Partners, Norwest Ventures, Bay Partners, Benchmark Capital, Deutsche Bank, Ignition Partners, Vulcan Ventures and others. He started four companies from no revenue to significant revenues or being acquired. One of his companies, Dimension X, was acquired by Microsoft in 1997; and another, Keen (now Ingenio), was acquired by AT&T in 2007. Companies with Jacob as CEO have generated over $300 million in returns to investors and over $150 million in revenue per year. He has received numerous awards, including being named one of BusinessWeek’s top ten up-and-comers.

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Christine Herron joined First Round Capital as a Principal in 2008.

Previously, Christine was a director at Omidyar Network, where she developed the Media practice strategy and drove $15 million in early-stage placements. Prior to joining Omidyar Network in 2005, Christine was the VP of Marketing for Mission Research, which develops small business CRM solutions. While there, she led marketing from initial business plan authoring through the acquisition of paying customers and distribution partners. Earlier, Christine founded and led Mercury2, a software-as-a-service developer of international trade logistics systems, and managed Internet products and strategy at both NetObjects and Microsoft.

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Today we were lucky to have Christine Herron, Trish & Karl Jacob join us for a great meal catered by Gobble.  Our teams appreciated the opportunity to hear from someone who has been an integral part of many successful companies across multiple industries.

His advice for aspiring entrepreneurs? Be Relentless. Additionally, put some thought not only into your business plan, hiring scheme, elevator pitch, etc., but also know what you want to do, and what you enjoy doing.

Thanks for your time and for sharing your insights with us; good luck (although you don’t need it) with your current exciting company Coveroo.

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Written by ahzietsman

August 14, 2010 at 2:06 am

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