Jenny Sakhrani Joins Tech Coast Angels
September 12, 2001, Redondo Beach, CA - Jenny M. Sakhrani,
CFO of Philosopher's Stone Ventures, was invited to become
a member for the Tech Coast Angels. Membership in the Tech
Coast Angels is by invitation only and is extended to individuals
who share the organization's vision and who actively contribute
to their process.
Tech Coast Angels' mission is to provide opportunities
where its members can obtain outstanding financial returns
by investing in early-stage technology companies in Southern
California and accelerating them to market leadership. Since
1997, they have invested over $37 million in more than 40
Southern California companies. The organization consists
of members who are founders, CEO's, venture capitalists
and business leaders who have built and funded world-class
companies.
Ms. Sakhrani joins an organization comprised of business
leaders from the Southern California area, including Peter
Cowen, founder of Peter Cowen & Associates, Luis Villalobos,
founder of TCA in 1997, and Larry Jordan, President/CEO
of TouchStone Software Inc.
"I am very excited to become a member of TCA,"
noted Ms. Sakhrani. "The organization is well-respected
in this area and provides opportunities to entrepreneurs
and investors that are exactly aligned with Philosopher's
Stone Ventures' mission."
Ms. Sakhrani is founder and the CFO of Philosopher's Stone
Ventures, LLC, a Los Angeles area incubator. She has experience
in accounting, finance, valuations, business strategy, operations
and mergers and acquisitions. She is very active in the
entrepreneur and venture community of southern California
and is on the Board of Directors of California Venture Forum
(CVF), as well as being an integral member of many other
investment and entrepreneurial organizations including the
Indus Entrepreneurs (TiE) and OCEAN. Ms. Sakhrani brings
over 15 years of business experience to the Forum.
For additional information, contact:
Brenda Harris
Philosopher's Stone Ventures
Telephone: (310) 316-3100
Fax: (310) 316-9500
media@philstone.com
http://www.philstone.com
The Philosopher's Stone is a mythical substance that can
transform lead into gold, and produce the Elixir of Life
that makes the drinker immortal. Philosopher's Stone Ventures,
as a technology incubator, has similar transformative powers:
turning the innovative ideas of our entrepreneurs into successful,
groundbreaking, money-making businesses.
