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	<title>Pulse2 Technology and Social Media News &#187; Genentech</title>
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		<title>Photo Of Silicon Valley Tech Titans and President Obama</title>
		<link>http://pulse2.com/2011/02/18/photo-of-silicon-valley-tech-titans-and-president-obama/</link>
		<comments>http://pulse2.com/2011/02/18/photo-of-silicon-valley-tech-titans-and-president-obama/#comments</comments>
		<pubDate>Fri, 18 Feb 2011 22:10:06 +0000</pubDate>
		<dc:creator>Amit Chowdhry</dc:creator>
				<category><![CDATA[Art Levinson]]></category>
		<category><![CDATA[Barack Obama]]></category>
		<category><![CDATA[Carol Bartz]]></category>
		<category><![CDATA[Cisco Systems]]></category>
		<category><![CDATA[Cisco Systems Inc.]]></category>
		<category><![CDATA[Dick Costolo]]></category>
		<category><![CDATA[Eric Schmidt]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Genentech]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[John Chambers]]></category>
		<category><![CDATA[John Doerr]]></category>
		<category><![CDATA[John Hennessy]]></category>
		<category><![CDATA[Kleiner Perkins]]></category>
		<category><![CDATA[Kleiner Perkins Caufield & Byers]]></category>
		<category><![CDATA[Larry Ellison]]></category>
		<category><![CDATA[Mark Zuckerberg]]></category>
		<category><![CDATA[Netflix]]></category>
		<category><![CDATA[Oracle Corporation]]></category>
		<category><![CDATA[Reed Hastings]]></category>
		<category><![CDATA[Stanford University]]></category>
		<category><![CDATA[Steve Westly]]></category>
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		<category><![CDATA[Westly Group]]></category>
		<category><![CDATA[Yahoo!]]></category>

		<guid isPermaLink="false">http://pulse2.com/?p=44063</guid>
		<description><![CDATA[The White House has uploaded some images on Flickr of President Barack Obama&#8217;s meeting with the tech titans of Silicon Valley. This photo symbolizes how the meeting went. The meeting was about how these executives plan to support entrepreneurship, increase &#8230; <a href="http://pulse2.com/2011/02/18/photo-of-silicon-valley-tech-titans-and-president-obama/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><img src="http://mediaserver.pulse2.com/uploads/2011/02/tech-titans-e1298066755444.jpg" alt="" title="tech-titans" width="620" height="398" class="alignnone size-full wp-image-44064" /><br />
The White House has uploaded some images on Flickr of President Barack Obama&#8217;s meeting with the tech titans of Silicon Valley.  This <a href="http://searchengineland.com/obamas-one-night-stand-in-silicon-valley-a-rorschach-test-for-bloggers-journalists-65412">photo symbolizes</a> how the meeting went.  The meeting was about how these executives plan to support entrepreneurship, increase exports, and strengthen the economy.  The executives in this picture includes:<br />
<span id="more-44063"></span><br />
-John Doerr, partner, Kleiner Perkins Caufield &#038; Byers<br />
-Carol Bartz, president and CEO, Yahoo!<br />
-John Chambers, CEO and chairman, Cisco Systems<br />
-Dick Costolo, CEO, Twitter<br />
-Larry Ellison, co-founder and CEO, Oracle<br />
-Reed Hastings, CEO, NetFlix<br />
-John Hennessy, president, Stanford University<br />
-Steve Jobs, chairman and CEO, Apple<br />
-Art Levinson, chairman and former CEO, Genentech<br />
-Eric Schmidt, chairman and CEO, Google<br />
-Steve Westly, managing partner and founder, Westly Group<br />
-Mark Zuckerberg, founder, president and CEO, Facebook</p>
]]></content:encoded>
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		<item>
		<title>President Obama Meeting With Major Silicon Valley CEOs Today</title>
		<link>http://pulse2.com/2011/02/17/president-obama-meeting-with-major-silicon-valley-ceos-today/</link>
		<comments>http://pulse2.com/2011/02/17/president-obama-meeting-with-major-silicon-valley-ceos-today/#comments</comments>
		<pubDate>Thu, 17 Feb 2011 20:51:26 +0000</pubDate>
		<dc:creator>Amit Chowdhry</dc:creator>
				<category><![CDATA[Art Levinson]]></category>
		<category><![CDATA[Barack Obama]]></category>
		<category><![CDATA[Carol Bartz]]></category>
		<category><![CDATA[Cisco Systems]]></category>
		<category><![CDATA[Cisco Systems Inc.]]></category>
		<category><![CDATA[Dick Costolo]]></category>
		<category><![CDATA[Eric Schmidt]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Genentech]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[John Chambers]]></category>
		<category><![CDATA[John Doerr]]></category>
		<category><![CDATA[John Hennessy]]></category>
		<category><![CDATA[Kleiner Perkins]]></category>
		<category><![CDATA[Kleiner Perkins Caufield & Byers]]></category>
		<category><![CDATA[Larry Ellison]]></category>
		<category><![CDATA[Mark Zuckerberg]]></category>
		<category><![CDATA[Netflix]]></category>
		<category><![CDATA[Oracle Corporation]]></category>
		<category><![CDATA[Reed Hastings]]></category>
		<category><![CDATA[Stanford University]]></category>
		<category><![CDATA[Steve Westly]]></category>
		<category><![CDATA[Twitter]]></category>
		<category><![CDATA[Westly Group]]></category>
		<category><![CDATA[Yahoo!]]></category>

		<guid isPermaLink="false">http://pulse2.com/?p=44019</guid>
		<description><![CDATA[President Barack Obama is making a trip to Silicon Valley today and is meeting with some major tech CEOs. The names of the executives that he is meeting was revealed by the L.A. Times. The meeting will be about supporting &#8230; <a href="http://pulse2.com/2011/02/17/president-obama-meeting-with-major-silicon-valley-ceos-today/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><img alt="" src="http://mediaserver.pulse2.com/uploads/2011/02/Barack_Obama.jpg" title="Barack Obama" class="alignnone" width="245" height="333" /><br />
President Barack Obama is making a trip to Silicon Valley today and is meeting with some major tech CEOs.  The names of the executives that he is meeting was <a href="http://latimesblogs.latimes.com/technology/2011/02/full-list-of-attendees-at-obama-tech-meeting-includes-ceos-from-twitter-netflix-oracle-yahoo-others.html">revealed by the L.A. Times</a>.  The meeting will be about supporting entrepreneurship, increasing exports, strengthening the economy, etc.  Below is the list of people that he is meeting:<br />
<span id="more-44019"></span></p>
<blockquote><p>* John Doerr, partner, Kleiner Perkins Caufield &#038; Byers<br />
* Carol Bartz, president and CEO, Yahoo!<br />
* John Chambers, CEO and chairman, Cisco Systems<br />
* Dick Costolo, CEO, Twitter<br />
* Larry Ellison, co-founder and CEO, Oracle<br />
* Reed Hastings, CEO, NetFlix<br />
* John Hennessy, president, Stanford University<br />
* Steve Jobs, chairman and CEO, Apple<br />
* Art Levinson, chairman and former CEO, Genentech<br />
* Eric Schmidt, chairman and CEO, Google<br />
* Steve Westly, managing partner and founder, Westly Group<br />
* Mark Zuckerberg, co-founder, president and CEO, Facebook
</p></blockquote>
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		<title>Facebook Hires David Ebersman As New CFO</title>
		<link>http://pulse2.com/2009/06/30/facebook-hires-david-ebersman-as-new-cfo/</link>
		<comments>http://pulse2.com/2009/06/30/facebook-hires-david-ebersman-as-new-cfo/#comments</comments>
		<pubDate>Tue, 30 Jun 2009 20:29:59 +0000</pubDate>
		<dc:creator>Amit Chowdhry</dc:creator>
				<category><![CDATA[pulse2]]></category>
		<category><![CDATA[David Ebersman]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Genentech]]></category>
		<category><![CDATA[Gideon Yu]]></category>
		<category><![CDATA[Mark Zuckerberg]]></category>

		<guid isPermaLink="false">http://pulse2.com/?p=16968</guid>
		<description><![CDATA[In late March, Facebook&#8217;s former CFO Gideon Yu had quit.  The rumor about why Yu left was that he was not getting along with Facebook co-founder Mark Zuckerberg.  An internal memo went around that Facebook was looking for a CFO &#8230; <a href="http://pulse2.com/2009/06/30/facebook-hires-david-ebersman-as-new-cfo/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><img class="alignnone size-full wp-image-16967" title="david-ebersman" src="http://mediaserver.pulse2.com/uploads/2009/06/david-ebersman.jpg" alt="david-ebersman" width="160" height="185" /><br />
<strong>In late March, Facebook&#8217;s former CFO Gideon Yu had quit.  The rumor about why Yu left was that he was not getting along with Facebook co-founder Mark Zuckerberg.  An internal memo went around that Facebook was looking for a CFO that has more experience with a public company.</strong></p>
<p>This is where former Genentech CFO David Ebersman comes in.  Genetech is a biotech company that was bought out by Swiss company Hoffman-La Roche for $46.8 billion on March 26, 2009.  Genentech is also an investor in 23andMe, a genetics company that was started by Google co-founder Sergey Brin&#8217;s wife.  Ebersman worked at Genentech for 15 years, but Hoffman already had a CFO making his job much less important.</p>
<p>Below is the full press release from Facebook that <a href="http://kara.allthingsd.com/20090629/facebook-selects-new-cfo-former-genentech-exec-ebersman/">AllThingsD was able to get their hands on</a>:</p>
<p><span id="more-16968"></span></p>
<blockquote>
<p>PALO ALTO, Calif.–June 29, 2009–Facebook today announced that David Ebersman, the former executive vice president and chief financial officer (CFO) of Genentech, the pioneering biotechnology firm recently acquired by Roche, will become the company’s chief financial officer.</p>
<p>Ebersman will report to Chief Executive Officer (CEO) and Founder Mark Zuckerberg. He will oversee Facebook’s finance, accounting, investor relations, and real estate functions. He also becomes a part of the company’s executive management team, which directs all aspects of company strategy, planning and operations. Ebersman will formally start in September 2009.</p>
<p>“We received a lot of interest in the CFO position and had the opportunity to meet with many impressive candidates,” said Mark Zuckerberg. “We quickly recognized that David was the right person for Facebook. He was Genentech’s CFO while revenue tripled, and his success in scaling the finance organization of a fast growing company will be important to Facebook.”</p>
<p>“After meeting with Mark and the rest of the team, I was thoroughly impressed with everyone’s drive and sense of purpose to help people connect and share,“ noted Ebersman. “Mark is constantly pushing the company forward and he’s assembled a world-class team that is achieving remarkable results both for its users and as a business. I’m excited to join this effort and this new industry.”</p>
<p>Ebersman worked at Genentech for nearly 15 years. He served as the firm’s executive vice president and CFO from 2006 through April 2009, when Roche Group acquired the company. Prior to joining the company’s finance organization, he was senior vice president of Product Operations. He joined Genentech as a business development analyst. Previously, he was a research analyst at Oppenheimer &amp; Company Inc.</p></blockquote>
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		<item>
		<title>Google Invests $2.6 Million In 23andMe</title>
		<link>http://pulse2.com/2009/06/19/google-invests-26-million-in-23andme/</link>
		<comments>http://pulse2.com/2009/06/19/google-invests-26-million-in-23andme/#comments</comments>
		<pubDate>Fri, 19 Jun 2009 20:24:37 +0000</pubDate>
		<dc:creator>Amit Chowdhry</dc:creator>
				<category><![CDATA[pulse2]]></category>
		<category><![CDATA[23andMe]]></category>
		<category><![CDATA[Anne Wojcicki]]></category>
		<category><![CDATA[Eric Schmidt]]></category>
		<category><![CDATA[Genentech]]></category>
		<category><![CDATA[Mohr Davidow Ventures]]></category>
		<category><![CDATA[New Enterprise Associates]]></category>
		<category><![CDATA[Sergey Brin]]></category>
		<category><![CDATA[The Securities and Exchange Commission]]></category>
		<category><![CDATA[U.S. Securities and Exchange Commission]]></category>

		<guid isPermaLink="false">http://pulse2.com/?p=16808</guid>
		<description><![CDATA[Google has reported to the Securities and Exchange Commission that they have invested $2.6 million in the genetic testing startup 23andMe as part of a Series B round of funding.  23andMe was co-founded by Google co-founder Sergey Brin&#8217;s wife Anne &#8230; <a href="http://pulse2.com/2009/06/19/google-invests-26-million-in-23andme/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><img class="alignnone size-full wp-image-16807" title="23andme-logo" src="http://mediaserver.pulse2.com/uploads/2009/06/23andme-logo.png" alt="23andme-logo" width="105" height="72" /></p>
<p><strong>Google has reported to the Securities and Exchange Commission that they have invested $2.6 million in the genetic testing startup <a href="http://www.23andMe.com">23andMe</a></strong><strong> as part of a Series B round of funding.  23andMe was co-founded by Google co-founder Sergey Brin&#8217;s wife Anne Wojcicki. </strong></p>
<p>It is uncertain whether the deal was made directly through Google or through their <a>Ventures subsidiary</a>.  The $2.6 million round of fund was part of a $12.6 million Series B round.  The other $10 million came from Sergey Brin&#8217;s personal wealth of $12 billion.  This brings 23andMe&#8217;s total funding to about $21.6 million.  Other investors include Genentech, New Enterprise Associates, and Mohr Davidow Ventures.</p>
<p>Google owns a minority interest in 23andMe and also plans to lease space to the genetics company.  Google wrote in the filing that they took measures to ensure the decision before investing to make the agreement was free of conflict of interest.  Sergey Brin was not part of the investment discussions according to Google CEO Eric Schmidt.</p>
<p>[via <a href="http://www.businessinsider.com/sergey-brins-wife-gets-another-26-million-from-google-for-her-startup-2009-6">BusinessInsider</a>/<a href="http://bits.blogs.nytimes.com/2009/06/18/google-invests-again-in-company-started-by-brins-wife/">NYT</a>]</p>
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		<item>
		<title>23andMe Raises Over $11 Million</title>
		<link>http://pulse2.com/2009/05/04/23andme-raises-over-11-million/</link>
		<comments>http://pulse2.com/2009/05/04/23andme-raises-over-11-million/#comments</comments>
		<pubDate>Tue, 05 May 2009 00:27:22 +0000</pubDate>
		<dc:creator>Amit Chowdhry</dc:creator>
				<category><![CDATA[pulse2]]></category>
		<category><![CDATA[23andMe]]></category>
		<category><![CDATA[Anne Wojcicki]]></category>
		<category><![CDATA[Genentech]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Mohr Davidow Ventures]]></category>
		<category><![CDATA[New Enterprise Associates]]></category>

		<guid isPermaLink="false">http://pulse2.com/?p=14786</guid>
		<description><![CDATA[23andMe is a personal genomics and biotech company based in Mountain View, California.  23andMe offers tests for genome-wide, single nucleotide polymorphisms for the cost of $299.  23andMe received $3.9 million investment from Google.  Google co-founder is married to 23andMe co-founder &#8230; <a href="http://pulse2.com/2009/05/04/23andme-raises-over-11-million/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><img class="alignnone size-full wp-image-14787" title="23andme" src="http://mediaserver.pulse2.com/uploads/2009/05/23andme.jpg" alt="23andme" width="300" height="162" /><br />
<span style="color: #000000;"><strong><a href="https://www.23andme.com/">23andMe</a> is a personal genomics and biotech company based in Mountain View, California.  23andMe offers tests for genome-wide, single nucleotide polymorphisms for the cost of $299.  23andMe received $3.9 million investment from Google.  Google co-founder is married to 23andMe co-founder Anne Wojcicki.</strong></span></p>
<p>Today it was announced that 23andMe raised an additional $11 million of a $24.26 million venture round <a href="http://www.pehub.com/38928/23andme-raises-at-least-11-million/">according to a regulatory filing</a>.  23andMe&#8217;s first round of funding was $9 million by Google, Genentech, New Enterprise Associates, and Mohr Davidow Ventures.</p>
<p>In this new round, there wasn&#8217;t any investor information mentioned.  No info on whether Google Ventures or Google.org was part of the investment.  23andMe&#8217;s website currently only lists New Enterprise Associates and Google as their investors.  If we find out who the investors are, we&#8217;ll update with a new post.</p>
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