Compensation in a Venture-Backed Start-up (+ Q & A with a VC!)
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- Career Development
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Teacher: Saar
Partner, Charles River Ventures
“Saar is one of the best and brightest entrepreneurs in the Valley and we are thrilled to have him join our team,” said George Zachary, general partner, Charles River Ventures. Saar brings a solid track record of identifying some of the industry’s most promising start-ups and we are excited to add their expertise to our aggressive investment plans, particularly in the consumer Internet space.”
Saar joins CRV with more than 10 years of experience working with entrepreneurs as a founder, investor and advisor. Prior to joining the firm, Saar was a co-founder of Brightroll, the world’s leading Internet video advertising network. Saar also acted as an angel investor and advisor to numerous companies including RockYou, Admob, Flixster, Xobni, Lotus Vodka and Voicestar.
Prior to Brightroll, Saar was part of the senior management team of Adteractive, an online performance-based marketing company and one of the largest buyers of online media. Saar helped build Adteractive to over 175 employees and $120mm in revenues, with no outside capital. Saar was vice president of online customer acquisition and was responsible for the company P&L. Before Adteractive, Saar and his business partner raised approximately $12 million of equity capital to execute a complex private equity transaction. The project was sold within two years and returned over $30 million to investors. Saar started his career in investment banking and venture capital at Lehman Brothers. He has a biochemistry degree from the University of Wisconsin-Madison and an M.B.A. from Stanford University. He is also the co-founder of carebadges.com, an online community that enables individuals to generate market awareness for the organizations and causes that they care about.
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