M&T BULLETIN

The Sky’s the Limit We all know that M&Ts “aim high” but Dr. Garrett Reisman (M&T ’91) took that literally.

Reisman graduated from the M&T Program in 1991 with degrees in mechanical engineering and business. At Penn, he was involved in a wide variety of extra-curricular activities, ranging being a member of the Penn wrestling team to being the president of the Interfraternity Council. Despite the diversity of his involvement, he was always particularly keen on math and science and fascinated by space. Under the mentorship of Dr. William Hamilton and Joe Bordogna, the dean of the Engineering School at the time, he decided to pursue further studies in the technical realm at CalTech. With the continued support of his advisors at Penn and CalTech as well as his experience as a Space-craft Guidance, Navigation and Control Engineer at TRW, he finally took the leap and joined NASA as an astronaut. On March 11, 2008, he launched as Mission Specialist 5 aboard the STS-123 Space Shuttle mission.

He returned to Earth on June 14, 2008 having completed his mission and having spent 3 months in space and 7 hours and 01 minutes of extra-vehicular activity (EVA) in one spacewalk. He also completed numerous tasks with the Space Station robotic arm and the new robotic manipulator, Dextre.

Among the many things he did upon his return to earth, such as appearing on the Colbert Report in July 2008, Reisman also made time to return to Penn in spring 2009 to share his experience with current M&T students as well as serve as the distinguished speaker for the Busi-ness, Technology and Government Lecture Series. Reisman’s inspira-tional lecture, “Living aboard the Space Station—One Quaker’s Journey,” detailed his three-month

mission on the International SpaceStation. At the end of his talk, Reis-man presented Dean Eduardo Glandt with a Penn pennant, which he had proudly displayed on the wall of the Space Station during his three months in orbit. Before his next launch in 2010, Reisman will present the Alumni Keynote Address at the M&T 30th Anniversary event. We look forward to hearing him speak and are sure that his address will be “out of this world.” □

Newsletter of the Jerome Fisher Management and Technology Program Edited by Juhi Heda (M&T ‘10) & Joy Xu (M&T ’10)

Sept | Oct 2009

Alumni UpdatesJessica (M&T ‘90) and Keith Wasserstrom, W'89, L'92, e-mails to announce that she and her husband have two children, Megan (two years) and Jonah (nine months). Jessica is a bankruptcy attorney with Weil, Gotshal & Manges in Miami. Keith is a corporate and securities attorney with the Fort Lauderdale office of Greenberg Traurig. They can be reached at wasserstromk@gtlaw.com.

Mary (M&T ‘90) and John Letchford are happy to announce the arrival of their beautiful baby girl, Lisa May Letchford, on April 14th, 2009 in Win-chester, MA. Lisa weighed 6lbs 2oz and was 19 inches long. Sean (6yrs) and Mark (3 yrs) are thrilled with their little baby sister. With the arrival Mary has taken a years leave of absence from her role as Service Operations Executive with AT&T Global Services. John continues to work for the Commonwealth of Massachusetss as the Deputy CIO in the Information Technology Division. She can be reached at mletch@comcast.net.

Chuck (M&T ’92) and Erica Cain (CAS ‘92) would like to announce the arrival of our new daughter, Allison Rachel Cain on Feb. 17, 2009. While I'm a bit late with this, I wanted to let every-one know. Big brother, Ryan (3), is amazing with her – very caring and always making sure she has enough hugs and kisses. I'm heading into the end of my 5th year (a record for me) with Harvard Group International, a retained executive search firm in Atlanta. We're doing pretty well, even in this horrible economy. Check us out at www.hgi1.com and always feel free to email me at ccain@hgi1.com.

Dan Googel (M&T ‘96) recently became Director, Private Equity Investments for Caithness Develop-ment, a privately held, family run company whose primary business is developing and operating clean energy power plants. In this role, Dan will be investing in private equity and venture capital opportunities across a variety of industries. Prior to joining Caithness, Dan was a Principal at Easton Capital, a diversified venture capital firm. He had previous work experience at Soros Private Equity Partners and CIBC Oppenheimer.

Ryan (M&T ’98 Geng '98) and Clarissa Fesler Sacco C'00 are pleased to announce the birth of their daughter, Julia Marie, on March 4 in Los Angeles. Ryan continues to work in private equity as a vice president at American Capital, while Clarissa is a study-abroad coordinator at Loyola Marymount University.

Anand Sanwal (M&T ‘96) and his wife, Sri, are happy to announce the arrival of their beautiful baby girl, Zia Naina Sanwal, on October 7, 2009 in New York, NY. Zia weighed in at 6lbs/8oz, was 20 inches long and quickly received early admission into the M&T class of 2030. Anand is the co-founder and CEO of CB Information Services, a company aggregating information & data on high-growth private companies. The company's first offering, ChubbyBrain (www.chubbybrain.com), launched in February 2009. After a well-deserved break for the next couple of months, Sri is aiming to resume her role in research as part of S&P's Capital IQ division. Anand can be reached at asanwal@chubbybrain.com.

Alumni UpdatesBrian Kravitz (M&T '99, WG '06) recently became Vice President of Business Development at Beejive, one of the leading messaging application vendors for iPhone and BlackBerry. Beejive's instant messaging platform, BeejiveIM, has consis-tently ranked in Apple's top paid iPhone applica-tions and has been featured in numerous Apple print, on-line, and television advertisements. Brian and the company are currently hard at work on a new mobile product, and he can be reached at Brian.Kravitz.wg06@wharton.upenn.edu

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Nimita Shah (M&T '02) is living in New York City, and works in real estate acquisitions and development with Toll Brothers, Inc. as a senior project manager. She recently became a LEED accredited professional and continues to pursue her interests in "green" building.

Michael Pezzicola (M&T ’02) is living in Manasquan, NJ and works for McMaster-Carr Supply Company in Princeton as a reigonal director of order fullfillment. In December of 2008, he completed his MBA in the Langone Part-Time Program at NYU's Stern School of Business. He is still deciding between surfing, kayaking, or biking to permantly fill his newly acquired free time in 2009.

Eileen McCarthy Feldman (M&T ‘02) is a licensed professional engineer working on New York City's drinking water infrastructure. Eileen and her Penn Engineering husband Jason are happy to announce the arrival of their son, Ryan McCarthy Feldman, who arrived on September 16th at 3:20 am. He was 6 lb. 14 oz. and 19 1/2 inches long. When she returns from maternity leave Eileen will continue as a licensed professional engineer work-ing on New York City’s drinking water infrastruc-ture.

Nick Fawzi (M&T ’02) is in the world of academic research as a postdoctoral fellow at the National Institutes of Health in Bethesda, Maryland and his wife Alice (Penn Engineering '02) is a mechanical engineer in Northern Virginia. They moved to Washington DC in 2008 after quite a few excellent years in Berkeley, California where Nick was a graduate student.

Christy Paino (M&T ’02) lives at the edge of the Mojave Desert, where there are lots of "things that fly!" at Edwards Air Force Base. She has worked as an engineer for The Boeing Company since 2001 (is she the only M&T grad to stay with just one com-pany since Penn?) She lives with her beau Louis, and is finally pondering the idea of higher educa-tion...

Alumni UpdatesAditya Humad (M&T ‘07) writes,"After spending two years in the Healthcare Group at J.P. Morgan's Investment Bank in NYC after graduation, I decided to pursue an exciting opportunity as a Financial Analyst in a medical device start-up in the Boston area. SpineFrontier focuses on minimally invasive and innovative spine implant and instrument tech-nology equipped with successfully marketed prod-ucts and a healthy pipeline. As an M&T graduate, I can finally use my background in bioengineering and finance to understand the technology and landscape with the engineers while working with the CEO and investors on finance and fund-raising, operational improvements and strategic direction of the Company. I currently live close to SpineFrontier in Beverly, MA; but plan to move to downtown Boston in October and look forward to meeting M&T alums in the area and joining in on Penn events as well!"

Joy Lin (M&T ’02) is currently pursuing her MBA at UCLA Anderson and will be a second year student beginning in the fall. This summer, Joy is interning at General Mills in a brand management role in the Yoplait division.

Alex Sasha Furmansky (M&T ’07) writes, “After graduating I spent 2 exciting years in New York at Evercore Partners (Financial Technology M&A) working alongside inspirational and incredibly intelligent colleagues. Since then, I have set course back towards the M&T dream and recently started as Director of Business Development at OpenPeak, a fast-growing tech company at the intersection of media and telecom. It’s a fantastic role, bridging technologists and business strategists. On the personal front, after 2 years in the Big Apple, I have moved down to sunny South Florida – from bustling cabs to swaying palm trees.”

Announcements

Save the Date!M&T 30th Anniversary Celebration

November 13th - 15th, 2009University of Pennsylvania Campus

http://mt30.mandtalumni.com/

Entrepreneurs’ CornerRobert Sztybel (M&T '84) was recently issued US patent 7,567,846 for his Interactive Audio Content Delivery System and Method. Featuring expert content management and a behavioral learning agent, the proprietary technology delivers personalized, program-mable, navigable, on-demand content via conventional telephone devices and infrastructure. Accessed by a simple telephone call and manipulated by voice and DTMF, the cloud-based web browser provides a one-to-one telecentric interface to audio content for the billions of wireless and wired telephones circulating worldwide. The interactive technology can ultimately displace conventional broadcast radio; the service is instantly pervasive, as it leverages existing Telco assetsand deployed handsets to reach its audience. He has also reported an uptick of activity at AnyWare Radio, the company formed to monetize this technology. "With our proprietary rights now protected, we have been more forthcoming about the nature of the opportunity and the underlying technology.” He can be reached at robert@anywareradio.com

Glenn Dunoff (M&T '91) writes: A former US Secre-tary of Defense, William Cohen, has agreed to be the chairperson of the advisory board of our company (www.vumii.com). Two M&T alums (Randall Foster M&T '91 and myself) are on the management team, so I thought you might enjoy hearing the news (http://www.cnbc.com/id/32911218/). We're in the long-range nightvision surveillance camera business, so you can probably imagine how excited we are. Looking forward to seeing you all in November. I can be reached at glenndunoff@yahoo.com.

AJ Joshi (M&T '97) writes: "I left the world of Lehman/Barclays to start my own company, BrightPath Energy. We originate, develop, and advise on commercial-scale solar projects, and are primarily focused on east coast markets. As any M&T would be aware, there is a lot of activity in renewable energy, particularly in distributed solar generation, so it is a very exciting time to be entering the space. We are located in New York.” He can be reached at joshi@alumni.upenn.edu.

Zayd Hammam (M&T '98) and his wife, Laura Doyle (C '00), are living in New York with their four daugh-ters. He recently started ZH & Partners Corporation, an investment firm that is buying distressed loans from the FDIC and regional banks. He is excited to be going to the big 30th Anniversary celebration and hopes to see many of you there. Zayd is always happy to talk to M&T folk and can be reached at zayd@zhpartners.com.

Entrepreneurs’ CornerJake Peters (M&T '01) recently relocated to London and is now the CIO & Director of Online Strategy for Blink, Europe's first air taxi service. Blink (www.flyblink.com) is revolutionising the short-haul travel market in Europe by offering business and leisure travelers access to over 600 airports in Europe at prices 50% cheaper than existing jet charter companies and competitive with business class fares. Jake enjoys the perfect mix of M and T in his role and the interesting challenges he has faced as the company has grown quickly to 40+ people and 7 jets over the past year and a half. He loves living in London and can be reached at jake2008@jake.net.

Sahil Gupta (M&T '07) recently took a leave of absence from management consulting to start a consumer-focused platform to streamline the consumer billing process. The platform, Zodah, is working to help households simplify bill management while also help-ing billers promote paperless bill adoption. He is actively working on building a development team, raising angel funding and building an advisory board; he hopes to take from an early stage venture to a legiti-mate stage venture and can always use the help of fellow M&Ter's. Sahil currently lives in Cleveland, OH & New York, NY and can be reached at sahilgupta0817@gmail.com.

Radhika Gupta (M&T '05), Nalin Moniz (M&T '05), and Anant Jatia (M&T '07) have launched Forefront Capital Management Private Limited, an investment firm bringing systematic investing to the Indian mar-kets. We decided to start our own venture after being portfolio managers at AQR Capital Management and Goldman Sachs in New York. We provide portfolio management and advisory services to high net worth individuals and institutional clients and hope to provide our investors cutting edge research, superior returns, and distinctive client service. We are always excited to hear from potential investors, advisory board members, and talented investment professionals. The firm is based in Mumbai, India and all of us can be reached at info@forefrontcap.com <mailto:info@forefrontcap.com> or come visit us at www.forefrontcap.com

M&T Alumni SpotlightKunal K. Ghosh

M&T ’03 (EE, MGMT)

“Seeing is believing”, “Pictures are worth a thousand words”,….such time-worn adages are a testament to the power of images in conveying ideas and information in various facets of our lives. As many of us might recall from the MGMT 237 Kodak/Sony-Mavica case and Dr. H’s memorable stories of his meeting with Akio Morita, co-founder and then Chairman of Sony, the advent of CCD-based digital cameras in the eighties revolutionized imaging and photography. The nineties saw the emergence of a disruptive technol-ogy, CMOS imaging – digital cam-eras and imaging systems leveraging standard CMOS semiconductor foundry processes, the technology of choice in the manufacture of the vast majority of electronic integrated circuits. Much of the pioneering research and development in CMOS imaging and the subsequent dissemi-nation into industry was a result of work done by Prof. Abbas El Gamal and his students at Stanford Univer-sity. Today CMOS cameras are ubiqui-tous, present in our iPhones and PDAs, not only providing imaging performance rivaling that of scientific-grade CCDs, but also providing higher resolutions, faster frame rates, and the capability of integration with optics and electron-ics into compact imaging systems, all at a fraction of the cost of CCDs.

While most of us probably moved on from that MGMT 237 case after submitting the case write-up, it seems I never quite did. My senior design project a couple of years later (with K.W. Yeung, supervised by Prof. Jan Van der Spiegel, Electrical and Systems Engineering, and Prof. Nader Engheta, Electrical and Systems Engineering and Bioengi-neering) involved the design and implementation of a CMOS digital camera with polarization difference imaging. I enrolled into the EE graduate program at Stanford a year later under the tutelage of Prof. Abbas El Gamal (which, incidentally, really had more to do with him having founded several successful Silicon Valley startups than his particular research interests).

After a two-year stint on a Defense Advance Research Projects Agency (DARPA) project designing novel CMOS image sensor architec-tures and circuits for demanding military infrared imaging applica-tions, I was somewhat keen to pursue other interests. We have since embarked on a close collaboration with Prof. Mark J. Schnitzer, of the Departments of Applied Physics and Biology and the Bio-X Program at Stanford, to design and fabricate miniature, integrated microscopes – devices that can be mass produced – sowing the technological seeds of a paradigm shift in microscopy from the bulky, expensive, and inherently non-scalable bench-top concept that prevails today. Indeed, if

microscopes could be made small, portable, cheap, and plentiful, researchers, educators, and practitio-ners alike would be empowered with their own, personal microscopes, expediting the pace of scientific discovery and engendering new point-of-site and point-of-care diag-nostic applications with the potential for profound impact in life sciences research and global health care.

Kunal can be reached at kunal.k.ghosh@gmail.com

M&T Alumni SpotlightJeff Fluhr

M&T ’96

Jeff Fluhr M&T '96 is this year's recipient of the Joseph Wharton Award for Young Leadership.

This honor is presented each year at the Joseph Wharton Awards Dinner to a Wharton alumnus who, early in his/her career, has demonstrated the greatest potential for leadership and lasting impact.

Jeff was the Co-Founder of StubHub, where he served as CEO until its sale to eBay for $310 million in January of 2007. Jeff is an advisor to several Silicon Valley emerging technology companies. He has been honored as one of Sports Business Journal's prestigious "Forty Under 40," a list recognizing the most influential young executives in the sports industry. The article states, “[StubHub in 2005] tripled its volume of ticket resales to more than $200 million, garnered more than $50 million in commissions, and perhaps most shocking, now holds official relationships with more than a dozen pro and major college teams.”He has also been honored by Entre-preneur Magazine as one of the 24 Best and Brightest young entrepre-neurs in America.

Jeff will be an alumni panelist at the 30th Anniversary Celebration. The panel will consist of notable M&T entrepreneurs, who will share their experiences and paths to success.

Jeff can be reached at jeff.fluhr@gmail.com

Job PostingsZodah (posted by Sahil Gupta, M&T ’07)

Overview:Zodah is an early stage start-up looking for an energetic, experienced technical co-founder. The Company is looking to create an innovative solution to help millions of consumers simplify a mainstream household prob-lem. I founded Zodah in March 2009, and have spent the past 5 months building out the business model. Currently, I've developed an initial prototype, established initial industry relationships and built a small, presti-gious Advisory Board. For our early accomplishments, Zodah has been accepted into the First Growth Venture Network (www.firstgrowthvn.com).

Seeking:I am looking for a technical minded entrepreneur who has experience working in start-ups and is interested in playing a crucial role in the development of a new online consumer platform. You will have the opportunity to join on as a co-founder and play an instrumental role in the future of our organization.

Contact:If this is something that interests you, please feel free to reach out to me at sahil@zodah.com to learn more about the position and our company. The position will be based in NYC, but can be negotiated.

IA Venture Partners (posted by Ben Siscovick)

Overview:IA Venture Partners is a new early-stage venture capital firm investing in companies targeting 'big-data', machine learning, anomaly detection, high-performance computing, predictive analytics, data visualization and related fields. The successful candidate will be a key member of a small team of highly successful investors and entrepreneurs. This individual will be a highly analytical, innovative and driven self-starter with deep technical experience combined with business judgment.

Seeking:IA Venture Partners is seeking a VC Associate to be involved in all stages of the investment process. The VC Associate will be responsible for: • Creating and supporting point of view on potential investments • Conducting all stages of due diligence, including: financial modeling, market analysis, and research• Sourcing new investment opportunities through networking and strategic partnerships • Identifying emerging areas of strategic importance to the Kinetic Ventures ecosystem • Providing hands-on operational and strategic support to portfolio companies • Experience with/understanding of the following viewed favorably: machine learning, parallel computing, ‘big-data' analytics, computational linguistics, natural language processing

Contact:If this is something that interests you, please send inquires to jobs@iaventurepartners.com.

Job PostingsInsight Venture Partners (posted by Charlene Chen, M&T ’05)

Overview:Insight Venture Partners is a growth-oriented investor in expansion and late stage software, internet, and data-enabled businesses. Founded in 1995, the firm has raised over $3B in capital and is one of the most active and fastest growing firms in this space. Insight employs a unique, hands-on model, providing dedicated, on-site strategic and operational assistance to portfolio companies, working alongside senior managers to support their growth and ability to scale.

Seeking:The firm is currently looking for a Venture Capital Analyst to join its Onsite Consulting team, an in-house consulting group composed of experienced industry experts as well as former strategy consultants. As a member of the Onsite team, the analyst would work with the Investment Team on prospect due diligence as well as work closely with senior management at existing portfolio companies. Ideal candidates will have 1-2 years experi-ence at a top tier strategy consulting firm. The ability to run independently on projects is a must and a strong interest in technology and new media is preferred. Please include your GPA on your resume. Start date would be January 2010. Compensation is competitive and commensurate with experience. Position will be in NYC.

Contact:For more information or if interested, please contact Charlene Chen (cchen@insightpartners.com).

Union Square Advisors (posted by Peter Daley, M&T ’98)

Overview:Union Square Advisors is a high-end investment bank led by a team of very senior bankers in the technology sector. We execute mergers and acquisitions and raise private capital for leading technology companies, and we compete directly with the top bulge bracket firms for roles on the biggest and most interesting transactions.

Seeking:Union Square Advisors is seeking an Analyst in the Investment Banking division. The two year Analyst program is designed to provide a better core experience than any other analyst program on the Street.• A+ talent at every level of the firm – more relevant experience and greater domain knowledge• Interesting and relevant deal flow• More senior banker involvement on each transaction• Extensive contact network for Analyst outplacement (if desired)

Ideal applicants will have proven academic excellence at all levels, a cumulative GPA of 3.3+, demonstrable quantitative thinking ability, and past investment banking internship experience. Start date will be July 2010 in San Francisco, CA. Compensation is highly competitive.

Contact:For more information or if interested, please contact Peter Daley (peter.daley@usadvisors.com).

Job PostingsGoogle - YouTube (posted by Daniel Maloney, M&T ’05)

Overview:The Strategy & Operations team works directly with the YouTube management team to identify and address opportunities and threats to our business, ensuring we grow long-term revenue and profits as effectively as possible. We are looking to expand this dynamic team with an Associate, who will provide the project manage-ment skills, analytical “horsepower” and business judgment to support strategic and tactical initiatives globally. Our ideal candidate will have demonstrated top quartile performance in an analytical environment, such as management consulting or financial analysis, and have familiarity with the consumer internet and/or media industries. We are looking for self-starters who can work in a rapidly changing industry, tolerate ambiguity, lead crossfunctional teams through influence and demonstrate problem-solving leadership with limited oversight.

Seeking:• BA/BS degree in technical or business field with excellent academic recordpreferred; recent MBA or graduate technical degree a plus.• Experience in or passion for the consumer internet and media industries necessary.• 1-5 years relevant experience in management consulting, finance, corporatestrategy or similar environment. Demonstrated strong performance in prior roles,with increasing levels of responsibility and independence.• Distinctive problem solving and analysis skills and impeccable business judgment.• Superior Excel financial modelling skills; proficient PowerPoint skills. Familiarity withdatabase query (e.g. MS Access), statistical analysis, and/or SQL coding preferred.

Contact:If interested, please contact Daniel Maloney at dmaloney@google.com.

Goldman Sachs - Global Commodities (posted by John Y. Kim, M&T ’00)

Overview:The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corpo-rations, financial institutions, governments and high-net-worth individuals. Founded in 1869, the firm is head-quartered in New York.

Seeking:Goldman Sachs Global Commodities Division is seeking an Oil Trader Analyst to assist two senior traders in fact finding, analysis and trade idea generation. After six months to one year, the candidate will take his/her own positions and will be expected to generate P&L for the firm. Strong interpersonal and technical skills required. This position is based in Singapore. Experience in Asia a plus.

Contact:If interested, please contact John Yohan Kim at john.y.kim@gs.com.