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Solar at the Cost of Coal
1366 Named Bloomberg Energy Pioneer
1366 Named one of MIT Tech Review's 50 Smartest Companies
A Solar Survivor Has High Hopes
Selected by MIT:Technology
Review's 50 Most Innovative Companies
Carmichael Roberts is a General Partner at North Bridge Venture Partners and the chairman of the board of 1366 Technologies Inc.
Prior to joining North Bridge, Carmichael co-founded and ran several companies based predominantly on innovative materials technologies.
Prior to his entrepreneurial career, Carmichael worked in business development at GelTex Pharmaceuticals, Inc., which was acquired by Genzyme for $1.3 billion.
Prior to GelTex, Carmichael was responsible for new product and business development in the Sentry Products Specialty Materials Division of Union Carbide Corporation.
Carmichael is mainly interested in companies that make products using chemistry, materials science and/or materials engineering. He primarily focuses on very early stage ventures, including helping founders launch companies from initial formation as he did with 1366.
Carmichael received his B.S. and Ph.D. in organic chemistry from Duke University and completed his postdoctoral fellowship at Harvard University.
Carmichael also received his M.B.A. from the MIT Sloan School of Management.
Bob had three other careers in technological innovation before becoming a venture capitalist:
While an engineer-scientist (1965-1979), Bob helped pioneer the Internet. In 1973, at the Xerox Palo Alto Research Center, he invented Ethernet, the local-area networking (LAN) standard on which he shares four patents. Now, 35 years later, about 350 million new Ethernet ports are installed each year.
While an entrepreneur-executive (1979-1990), Bob founded 3Com Corporation, the billion-dollar networking company where at various times he was Chairman, CEO, division general manager, and vice president of engineering, sales, and marketing.
While a publisher-pundit (1990-2000), Bob was CEO of IDG’s InfoWorld Publishing Company (1992-1995). For eight years, he opined about the Internet in an InfoWorld column read weekly by half a million information technologists.
He pontificated at conferences, on radio and television, hosted his own weekly webcast, and produced events including ACM97, ACM1, Agenda, Pop!Tech, and Vortex.
Bob’s books include Packet Communication, Internet Collapses, and Beyond Calculation, all still available down the long tail at Amazon.com.
Bob serves on the boards of Polaris-backed start-ups including 1366 Technologies, Ember, GreenFuel, Infinite Power Solutions, Mintera, SiCortex, and SiOnyx. Bob is also a director-trustee-advisor to Avistar, St. Mark’s School, USC Stevens Institute, MIT, and MIT’s Technology Review Magazine, McGovern Institute for Brain Research, and Energy Initiative.
Bob graduated from the Massachusetts Institute of Technology in 1969 with bachelor degrees in electrical engineering and in industrial management. He received a master degree in applied mathematics from Harvard University in 1970. In 1973, he received his Ph.D. in computer science from Harvard, where his dissertation was Packet Communication.
In 1980, Bob received the Hopper Award from the Association for Computing Machinery (ACM).
In 1988, he received the Bell Medal from the Institute of Electrical and Electronics Engineers (IEEE).
In 1995, Bob was elected to the American Academy of Arts and Sciences.
In 1996, he received the IEEE’s Medal of Honor.
In 1997, he was elected to the National Academy of Engineering, and in 1999, to the International Engineering Consortium.
In 2003, Bob received the Marconi Prize and was inducted into the prestigious Bay Shore High School Hall of Fame.
In a 2005 ceremony at the White House, Bob received the National Medal of Technology for his “leadership in the invention, standardization, and commercialization of Ethernet.”
Bob entered the National Inventors Hall of Fame in 2007.
Yasheng Huang is professor of political economy and international management and holds International Program Professorship in Chinese Economy and Business at Sloan School of Management, Massachusetts Institute of Technology. He also holds a special-term professorship at School of Management, Fudan University and an honorary professorship at Hunan University. His previous appointments include faculty positions at the University of Michigan and at Harvard University.
In addition to academic journal articles, Professor Huang has published Inflation and Investment Controls in China (1996), FDI in China (1998), Selling China (2003, Chinese edition, 2005), Financial Reform in China (2005, co-edited with Tony Saich and Edward Steinfeld), and Capitalism with Chinese Characteristics (2008, Chinese edition, 2010).Capitalism with Chinese Characteristicsis a detailed narrative account of history of economic reforms in China. It is based on detailed archival and quantitative evidence spanning three decades of reforms. The book shows that private entrepreneurship, facilitated by financial liberalization and microeconomic flexibility, played a central role in China’s economic miracle. The book predicted and discusses in detail the current economic challenges facing China. The book was selected by the Economist magazine as one of the best books published in 2008 and was 2008 Finalist/Honorable Mention in Economics, Professional & Scholarly Publishing Division, Association of American Publishers, Inc.
In collaborations with other scholars, Professor Huang is conducting research on a range of research projects including higher education in China, production of scientific knowledge in China, on entrepreneurship, and on FDI. His research has been profiled in many publications, including the Wall Street Journal, the Economist, Businessworld, Le Monde, Economic Times, Daily Telegraph, Bloomberg,Businessweek, Guardian, The Australian, Canberra Times, The Standard Financial Times, Times magazine as well as in numerous Chinese publications and publications in Germany, France, Sweden, Romania, Brazil, and Russia. He has published op-ed articles in Financial Times, New York Times, Wall Street Journal, and Foreign Policy. He is a columnist for Entrepreneurs and Global Entrepreneurs magazines in China.
At MIT Sloan School, Professor Huang founded and runs China Lab and India Lab, which aim to help entrepreneurs in China and India improve their management. He has held or received prestigious fellowships such as National Fellowship at Stanford University and Social Science Research Council-MacArthur Fellowship. He is a member of MIT Entrepreneurship Center, a fellow at the Center for China in the World Economy at Tsinghua University, a fellow at William Davidson Institute at Michigan Business School, and a World Economic Forum Fellow. He has served as a consultant at World Bank and at OECD and is serving on a number of advisory boards of non-profit and for-profit organizations.
Reidar has over a decade of clean energy expertise.
He was one of the founders of both ScanWafer (1994) and REC (2000), which became one of the world’s leading solar companies.
Reidar held positions as chairman and CEO both in REC and its subsidiaries. He played a key role in connection with REC’s strategic acquisitions of ASiMI’s silicon plants both in 2002 and 2005.
In 2006 REC had the most successful clean energy IPO to date with an ~$8B market cap.
Reidar holds an MSc from the Norwegian University of Science and Technology
Professor Emanuel Sachs is the Chief Technical officer of 1366 Technologies Inc, a company he founded together with Frank van Mierlo.
Before joining 1366, Professor Sachs was the Fred Fort Flowers and Daniel Fort Flowers Professor of Mechanical Engineering at MIT where he specialized in the design of manufacturing processes. Professor Sachs co-invented Three Dimensional Printing, a manufacturing process for the creation of 3D parts directly from a computer model in layers. 3D Printing is being commercialized in fields-of-use including appearance models, ceramic molds for castings, direct metal tooling, end-use metal parts, medical devices, and pharmaceuticals. Together with co-workers, Professor Sachs was awarded an R&D 100 award in 1994 for his work on 3D Printing.
Professor Sachs is also known for work in the area of Process Control of VLSI fabrication and is a co-inventor of a plasma etch diagnostic tool now commercially available.
Professor Sachs is the author or co-author of more than 110 technical papers and is the inventor or co-inventor of more than 40 patents. Professor Sachs was awarded the B.S., M.S. and Ph.D. degrees, all in Mechanical Engineering and all from MIT, in 1975, 1976, and 1983, respectively.
Frank van Mierlo is the CEO of 1366 Technologies, a solar technology company he started together with MIT Professor Emanuel Sachs in 2008. The goal of 1366 Technologies is to make silicon based solar cells competitive with coal generated electricity.
Van Mierlo’s previous venture was Bluefin Robotics Corp., a company that enjoyed double digit growth and was always profitable under his leadership. Bluefin became the leading robotics company in its field and is known for its technical competence and a customer-centric approach. The company maintained a strong balance sheet, a healthy cash flow and a team of highly qualified engineers. In May 2005 the company was sold to Battelle.
Frank holds engineering degrees from MIT and Stanford and a business degree from Insead.
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