CFO of Philosopher's Stone Ventures Becomes Business
Advisor of Southern California Community Ventures
December 12, 2001, Redondo Beach, CA - Jenny M. Sakhrani,
CFO of Philosopher's Stone Ventures, has recently joined
Southern California Community Ventures Fund as a Business
Advisor.
Southern California Community Ventures Fund combines the
business discipline of the venture capital industry and
the social mission of the community development field to
create quality jobs and to build sustainable business in
under served communities. Combining Ms. Sakhrani's expertise
with SCCV Fund's social mission and the business discipline
of the venture capital industry results in the significant
social benefits to businesses and community stakeholders.
Ms. Sakhrani joins a distinguished group of entrepreneurs
and professionals at SCCV Fund. The organization was founded
by Richard Foos, also founder and President of Rhino Entertainment,
and is run by President, Michael Woo, the first Asian American
elected to the Los Angeles City Council. " I am very
excited about being able to share my years of experience
with those who need it" Ms. Sakhrani says. "Knowing
that I can play a key role in helping the community build
profitable businesses is extremely rewarding."
"We are pleased to have someone of Ms. Sakhrani's
caliber join us", says Bruce Gifford, Director of Development
at SCCV Fund. "She brings with her many years of experience.
Her expertise will bring added value to the SCCV Fund ."
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.
