Venture Capital Movie Premieres At Wayne State
A film about the birth and development of America's venture capital industry, "Something Ventured," will premiere Tuesday, Nov. 1 in showings at 10 a.m. and 3 p.m. at Wayne State University's Bernath Auditorium, inside the undergraduate library building at 5155 Gullen Mall in Detroit.
The showings are free and open to the public.
Check out the trailer at www.youtube.com/watch?v=mRmFQ3Jm1aw.
According to the Web site, www.somethingventuredthemovie.com, "Something Ventured tells the story of the creation of an industry that went on to become the single greatest engine of innovation and economic growth in the 20th century. It is told by the visionary risk-takers who dared to make it happen…Tom Perkins, Don Valentine, Arthur Rock, Dick Kramlich and others. The film also includes some of our finest entrepreneurs sharing how they worked with these venture capitalists to grow world-class companies like Intel, Apple, Cisco, Atari, Genentech, Tandem and others.Beginning in the late 1950's, this small group of high rollers fostered a one-of-a-kind business culture that encouraged extraordinary risk and made possible unprecedented rewards. They laid the groundwork for America's start-up economy, providing not just the working capital but the guidance to allow seedling companies to reach their full potential. Our lives would be dramatically different without the contributions that these venture capitalists made to the creation of PCs, the Internet and life-saving drugs. Something Ventured was conceived by Paul Holland, a Silicon Valley venture capitalist. Paul, a general partner with Foundation Capital, is co-executive producer of the film along with Molly Davis of Rainmaker Communications. The film was directed by Emmy-Award-winning filmmakers Dan Geller and Dayna Goldfine."
The movie also features the lighter side of VC -- the gene therapy breakthrough transported in a pocket, the investor who turned down half of Apple for $50,000 in the 1970s, and more.
For more information about this event, contact Aubrey Agee at (313) 577-1533 or aubrey.agee@wayne.edu.
The showing is being underwritten by Jaffe Raitt Heuer & Weiss.
