On Tuesday, April 13th, InSITE hosted it’s 10th Anniversary Celebration and closing dinner. We were thrilled to be joined by many special guests including:
Fellow Achievement Award: Shirley Xu
For special service as a first year InSITE Fellow, including leading our first VCAP Special Project Team and volunteering to serve as Special VP for Alumni Companies to survey their funding success, which showed that InSITE Companies had raised more than $215M in venture financing since 2000.
First Annual Inductee into the InSITE Hall of Fame: Paul Tumpowsky
For guiding InSITE through 10 highly successful years as Chairman of the Board including developing the organization’s core program and relationships with sponsors, startups and supporters throughout the NYC venture community.
Current InSITE Fellows and Board Members elected ten new executives to run the organization in 2010 – 2011 and two out-going Fellows to serve as Young Alumni Board Members:
Lastly, InSITE thanks the outgoing Class of 2010:
Christian DiCarlo, Columbia MBA
Duncan Welstead, Columbia MBA
Geetika Agrawal, NYU MBA
Godfrey Powell, Jr., NYU MBA
Haley Boruszak, NYU MBA
Jane Kang, NYU JD
Jeff Hui, Columbia MBA (who will stay on with InSITE as a Young Alumni Board Member)
Jennifer Gootman, NYU MBA
Justin Heyman, Columbia MBA
Kesha Cash, Columbia MBA
Max Eckstein, Columbia JD
Jane Kang, NYU JD
Ricky Opaterny, NYU MBA
Rob Schneider, Columbia MBA
Roy Simkhay, Columbia MBA
Ryan Orton, Columbia MBA
Shawn Khazzam, NYU MBA
Tony Leotti, NYU JD/MBA
Vinay Ganti, NYU JD/MBA
– Rich Powell, NYU JD ’10, signing off as 2009-2010 President; thanking all the past Execs, Team Leaders, Alumni and Supporters for another great year; and wishing the best of luck to the stellar 2010-2011 Execs
Jason Finger, Founder and, until February 2010, CEO of Seamlessweb; recently named Entrepreneur-in-Residence at Bessemer Venture Partners; and, most importantly, NYU JD/MBA ’99, sat down with InSITE last Wednesday night.
As I’m sure anyone who has met him will quickly attest, Jason is a profoundly nice guy, and was willing to speak with us on a wide range of topics from his time in a law firm to founding a remarkable company to turning down his first exit opportunity.
Jason first discussed his background and how starting out working at a law firm and seeing the inefficiencies there inspired him to write the business plan for Seamlessweb:
Jason next discussed leaving the law and raising his first friends and family, and later institutional, rounds of funding, as well as about the early technical challenges of building a scalable enterprise platform for the ordering system:
Jason then described growing and expanding the business to the consumer side, and its 2006 sale to Aramark, as well as his recent transition from CEO to his new job as E-I-R at Bessemer Venture Partners:
Jason later went onto discuss the process of scoping a business model as an entrepreneur as opposed to as an investor, as well as the sometimes delicate interpersonal issues that arise when a group of friends starts a business together:
The rest of the talk is available at InSITE’s YouTube Channel.
Jason then joined us for drinks at InSITE’s local watering hole, Cassidy’s:
The purpose of the event is to help build the NYC startup and venture community by bringing together graduate, undergraduate and recent alumni from NYC-based universities and numerous venture-backed and bootstrapped startups from the NYC area.
Students and recent graduates:
All are welcome. Please RSVP if you would like to attend.
Startups:
The event is open to any NYC-based startups that are interested in adding interns or full-time hires to their team. Due to space constraints and to ensure quality opportunities, each startup must take a few moments to fill out a brief application that includes a general business description and the envisioned role(s) for any recruited students or graduates. To access the application as well as additional details about the event, please visit nycStartupJobFair.com.
This semester, we received a record number of applications from the most talented group of people ever to be together in graduate school. InSITE is excited to annouced 18 terrific new Fellows – they are: