Mr. Goodman is a venture capitalist with 27 years of experience with highly regarded venture firms, including Patricof & Co. (7 years) and Hambros Bank (17 years). Mr. Goodman joined Patricof & Co. as its third employee in 1974 and managed the fund that invested in the final private financing round raised by Apple Computer in the summer of 1977.
In 1979, Mr. Goodman and his associates at Patricof raised the first substantial fund ($26 million) that included money from ERISA institutional investors. This fund marked the beginning of U.S. pension fund participation in the venture capital business.
At Hambros he was Chief Executive Officer of U.S. operations and during his tenure, with his partners, managed several private equity funds with over $150 million collectively under management. He has reviewed thousands of investment proposals and teams under his management have invested in more than 100 companies. Twenty five of these companies went public and many were profitably sold, including: Allied Waste (NYSE:AW); Corporate Software; Komag, Inc (Nasdaq:KMAG); PCA International, Inc; Petsmart Inc (Nasdaq: PETM); RASNA Corporation; Solectron Corporation (NYSE:SLR); Staples, Inc (Nasdaq: SPLS); Telematics, Inc; and Veeco Instruments (Nasdaq:VECO).
Mr. Goodman is also a visible spokesman and leader within the venture capital industry. From 1986-1995, he chaired the annual Venture Investing conference sponsored by International Business Forum, which afforded him an excellent overview of the national venture capital community. Mr. Goodman holds a BA from Yale University (1962) and an MS from Columbia University Business School (1979).