Christopher Starr Joins Eastern Technology Fund as Associate; Investment Professional adds to VC's business strategy and investment expertise.Business Editors/Hi-Tech Writers WAYNE, Pa.--(BUSINESS WIRE)--Sept. 7, 2000 The Eastern Technology Fund, a venture fund for promising seed-stage Internet and technology companies and a feeder fund Feeder Fund A fund that conducts virtually all of its investing through another fund (called the master fund). Notes: This is similar to a fund-of-funds arrangement, except that the master fund manager is responsible for managing the underlying investments. to PA Early Stage, an affiliated private equity fund of Safeguard Scientifics (NYSE NYSE See: New York Stock Exchange : SFE See Sydney Futures Exchange. ), today announced that Christopher Starr has joined as an Associate. In this role, Chris will evaluate potential investment opportunities, perform due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. , analyze and structure investments, and work with management teams to execute their strategies following an investment by the Eastern Technology Fund. Prior to joining the Eastern Technology Fund, Chris was an Associate at the Innovation Factory, a venture fund and business accelerator accelerator: see particle accelerator. (1) A key combination such as Alt-G or Ctrl-Shift H that is used to activate a task. (2) An incubator that expects to develop the company considerably faster than normal. See incubator. , where his responsibilities included identifying and analyzing venture investments and performing the due diligence process for prospective portfolio companies. In addition, he worked closely with the senior management of portfolio companies to support those companies on executing strategic alternatives and conducting financial analysis. Previously, Chris worked in corporate finance with Merck & Co., Inc. where he focused on the credit management of Merck's largest customers, and with Dean Witter Dean Witter may refer to:
Chris earned his B.B.A. and M.B.A. with concentrations in Strategic Management and Finance from the Temple University School of Business and is completing his J.D. at the Temple University School of Law. "Chris comes to the Eastern Technology Fund with diverse experience in business strategy and investment expertise with a keen understanding of the needs of seed-stage companies," said Wayne Kimmel, Managing Director of the Eastern Technology Fund, which is located on the Safeguard Corporate Campus in Wayne, PA. "With our continued growth, Chris is a valuable addition to both the Fund and to our portfolio companies". About Eastern Technology Fund The Eastern Technology Fund is a venture fund that provides funding to promising seed-stage Internet and technology companies primarily located in the Eastern United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The fund is a feeder fund to PA Early Stage, an affiliated private equity fund of Safeguard Scientifics (NYSE: SFE). Its strategic partners also include Ben Franklin Technology Partners of Southeastern Pennsylvania, Omicron and Zer0 to 5ive. The fund can be reached on the Internet at www.easterntechnologyfund.com. |
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