Documente Academic
Documente Profesional
Documente Cultură
Pinnacle Experience
Ajay Chopra
Trinity Ventures
3000 Sand Hill Road
Menlo Park CA 94025
www.trinityventures.com
A brief history of Pinnacle
Systems
Founded 1986; Series A
Media authoring and delivery tools
FCS 1987; Series B
1989 Series C
Failed IPO 1992
IPO 1994; Secondary offerings 1995/96
Acquired 20+ entities 1996-2003
Sold to Avid Technology in 2005
$462M cash and stock
Lesson #1:
Building a Company is a
marathon
Average run to IPO: 7 years
Plan to enjoy the “journey” not the
“destination”
Success in determined by execution focus,
team and value system
Lesson #2:
“What’s the heading, Captain?”