This time to Harvard, where he successfully receiv an MBA degree and even made it into the top 5% of his graduating class. James Breyer (left) and Michael Bloomberg at Harvard’s commencement ceremony in 2014. Experience in finance and understanding of the IT market attract Breyer to try his hand at the investment business.
However, after studying at Harvard
The fac a number of rejections. Large venture companies did not take a young specialist into their team. Breyer was reject by both Kleiner and Sequoia Capital. Luck smil on him, and in 1987 he got a place on the Accel Partners team. The investment company new zealand phone number library invest in start-ups that did not yet have a name, and their prospects were unclear. Accel itself was also a start-up. It was found just 4 years ago by Arthur Patterson and Jim Schwartz. High-risk, and therefore potentially high-return, investments requir a special approach.
That’s why Accel had its own investment philosophy call
The Prepar Mind.” It was bas on a quote from Louis Pasteur, the father of microbiology and vaccination: “Chance favors the prepar mind.” In investment parlance, that sound like a suggestion to think long and hard before investing. It was at Accel Partners that Breyer first learn about this strategy, which he later us in his own company, Breyer Capital. It is a strategy of deeply analyzing all factors that may affect the prospects of an investment before concluding a deal.
This is what James Breyer look like
When he work at Accel Partners Among the successful projects i am from arkhangelsk there Breyer work on during this period were investments in companies such as Rback Networks, Foundry Networks, and Portal Software, all of which were subsequently sold to corporations at 100x returns for Accel Partners. Eight years after joining the company, James Breyer became a managing partner of Accel Partners. Investing in Facebook* and Pivoting to Asia In 2005.
Accel became the second largest investor in social
Networking site Facebook* with an investment of $12.2 million. in ws data was reportly made by Kevin Efruzi, a colleague of Breyer’s who had only been at Accel for two years at the time. It was Efruzi who convinc Sean Parker, co-founder of Facebook*, to set up a meeting with Mark Zuckerberg and Accel partners, which eventually happen. During the meeting, Breyer was impress by the Facebook* main page alone. At the bottom, I saw the line “A Mark Zuckerberg Production.” Up until that point, it wasn’t clear who was running the project.