Eric Young was a co-founder of Canaan Partners and has served as a General Partner since its inception. At Canaan, Young has concentrated on opportunities in communications systems and enterprise automation, having led its investments in Argon Networks, Copper Mountain Networks, Diffusion Software, Frame Technology, INS, Kalpana, ONI Systems, Spectrian and Visigenic Software.
Prior to Canaan, he was a Senior Vice President of GE Venture Capital. During his five years there, he was responsible for several successful investments in companies such as Nellcor and Octel Communications. Young joined GE in 1979, holding successive managerial positions in sales, marketing and manufacturing within two GE industrial product businesses before joining GE Venture Capital.
Eric Young is a graduate of Cornell University with a BS in mechanical engineering and received his MBA in finance from Northwestern University.
There is still very much a need for a plan and a plan has to articulate certain things. The way that plans get articulated has definitely changed within the industry. Years ago, business plans used to be lengthy text documents with lots of verbiage that described a market, a customer, a value prop...(Full transcript available to logged in subscribers.).
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