Kolohala Ventures Track Record

Private Equity Track record

Prior to starting Kolohala Ventures, Michael Pfeffer managed a significant venture portfolio as the President of Persis Corporation. Michael was also a founding member of Pinpoint Venture Group, a small angel group operating in San Francisco and Seattle. Rob Robinson and Chenoa Farnsworth founded Hawaii Angels, Hawaii’s pre-eminent angel network, in 2002. Joelle Simonpietri led a due diligence team for Waste Management Inc’s $250 million corporate venture fund.

Portfolio companies that have achieved successful exits through acquisition or IPO include:
All Recipes
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Allrecipes.com – Acquired by Readers Digest in 2006 for approx. $66 million, returning over 100 times the amount invested within ten years.

Napo Pharmaceuticals

  

Initial public offering in 2006 (LSE: NAPL) doubled the amount invested within two years.
Hoku Scientific
  

Hoku Scientific – Initial public offering in 2005 (NASDAQ: HOKU) returned 15 times the money invested within four years.
Proxim
  

Terabeam, acquired by YDI Wireless (www.ydi.com) in 2004.
Mercury Interactive
  

Performant, acquired by Mercury Interactive in 2003 (www.mercury.com/us), tripling the invested capital within 3 years.
Internap
  

Went public in 2000 (US: IIP – Market Cap. $413 million), returning four times the invested capital within one year.
Film Dot Com
  

Film.com, purchased by Progressive Networks, which went public as Real Networks (NASDAQ: RNWK – Market Cap. $1.39 billion) in 2000, returning 16 times the invested capital in four years.
 


Operational Track record

The partners have all been involved in various stages of start-up companies from inception, to funding, to Board and advisory roles. We have experience in every stage of the start-up life cycle, providing insight into what constitutes a promising deal, and providing direct assistance to entrepreneurs along the way.

Highlights of this experience include:

Board of Directors:
Film Dot Com
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Michael Pfeffer, director (1996-1997).
All Recipes
  

Michael Pfeffer, director (1996-2003).
Clear Fuels
  

Rob Robinson, director (2006 - present).
Hawaii Nanosciences
  

Michael Pfeffer, director (2007 - present).
Hawaii Biotech
  

Rob Robinson, director (2007 – present).
Pipleline Communications & Tech
  

Chenoa Farnsworth, director (2008 – present).

Consulting

    
Applied Molecular Evolution
  

Rob Robinson consultant - assisted in taking company public in 2001 (NASDAQ: AMEV), acquired in 2003 by Eli Lily (NYSE: LLY) for $240 million.
Firetide Instant
  

Chenoa Farnsworth consultant – company successfully raised $18.8 million in venture funding.