Reid Dennis

Reid Dennis has been an active individual investor and a corporate venture capital investor since 1952. As an individual venture investor, Reid was personally involved with early-stage investments in Acurex, American Microsystems, Ampex, California Microwave, Coherent Radiation, Measurex, and Ultek. As a corporate executive, Reid was responsible for the successful entry of Fireman's Fund Insurance Company, and then the American Express Company, into the venture capital field. He represented them as a member of the Board of Directors at Recognition Equipment Inc., The Reed Tool Company, and Storage Technology Corporation. While at American Express, Reid was also responsible for managing six publicly-traded mutual funds. After 21 years with the two companies, Reid resigned from American Express in order to form Institutional Venture Associates in 1974 and, subsequently, Institutional Venture Partners in 1980. Reid was an early investor in and a Director of Exabyte Corporation, Seagate Technology, Sequent Computer Systems (acquired by IBM), and Stratus Computer (acquired by IBM). Reid currently serves as a General Partner of IVP on a part-time basis. Reid is a past Chairman and President of the National Venture Capital Association ("NVCA") and a past President of the Western Association of Venture Capitalists ("WAVC"). In April 2000, he received the "Lifetime Achievement Award" from the NVCA. Reid was also a founder and an original alumni investment manager of both the Stanford Business School Trust and the Stanford Engineering Venture Capital Fund. He served on the Board of Directors of the San Francisco Opera Association for 42 years, including 14 years as Chairman. Reid earned a B.S. in Electrical Engineering and a M.B.A. from Stanford University.