Managing Director, Evalueserve
Greater New York City Area
- Current
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- Managing Director at Evalueserve
- Advisory Board at Grouply
- Advisory Board at Accolo
- Past
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- CEO at Nitron Circle of Experts
- Co-Author at The Virtual Handshake: Opening Doors and Closing Deals Online
- CEO at Teten Recruiting
- CEO at GoldNames
- Financial Analyst at Bear Stearns
- Associate Consultant at Mars & Co
- Founder and Principal at D.A.T.A. Computer Consultants Program
- Education
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- Harvard University
- Yale University
- Recommended
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8 people have recommended David - Connections
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500+
connections
- Industry
- Financial Services
- Websites
David Teten’s Summary
+ Built three companies, sold two. Expertise in investment research, deal origination, and investment idea generation.
+ Wrote first book on increasing sales, raising capital, and sourcing investments with Web 2.0 technologies.
+ Bear Stearns investment banking. Mars & co strategy consulting. Harvard M.B.A., Yale B.A.
+ Paid conference keynote speaker to CEOs, CFOs, and investors.
David Teten’s Specialties:
investment research, institutional investing, hedge funds, mutual funds, private equity, venture capital, social software, Web 2.0, online business networks
David Teten’s Experience
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Managing Director
Evalueserve
(Research industry)
February 2007 — Present (1 year 7 months)
Evalueserve is an offshore research and analytics firm which has grown from 0 to 2,500+ employees since 2000. Over 1,100 clients, including 6 of the 10 largest investment banks and 10 of top 15 strategy consulting firms.
- Co-run Circle of Experts subsidiary, which I founded and sold to Evalueserve in February 2007.
- Lead Circle of Experts sales across all salespeople firmwide. Developed and taught sales training unit. Ranked #1 in company in referring leads to colleagues.
- Launched service to help private equity firms/hedge funds originate proprietary deals, by identifying earmarks of attractive deals and growing corporate referral networks.
- Launched service to help private equity firms build close, proprietary networks of senior executives to serve as board representatives and interim executives.
- Lead technology function.
- Won "2008 Top Pick for Asia/Emerging Market Expert Network" from Integrity Research, one year after merger. -
Advisory Board
Grouply
(Privately Held; 1-10 employees; Internet industry)
October 2006 — Present (1 year 11 months)
Grouply is a startup which provides "Web 2.0" social networking features for users of traditional mailing lists and electronic groups. Grouply has over 300,000 active networks on its platform. Investors include SoftTech, Harvard Angels, Reid Hoffman.
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Advisory Board
Accolo
(Privately Held; 11-50 employees; Staffing and Recruiting industry)
June 2006 — Present (2 years 3 months)
Recruiting process outsourcing firm. In 2007, #42 on the Inc. 500 fastest-growing-companies list. In 2006, the #1 fastest growing private company in the SF Bay Area. Investors include Vedior and TriNet.
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CEO
Nitron Circle of Experts
(Privately Held; 11-50 employees; Financial Services industry)
April 2003 — February 2007 (3 years 11 months)
Founder and CEO. Research firm providing hedge funds, private equity funds, venture capitalists, investment banks, and law firms with investment research leveraging a network of frontline industry experts. Led negotiation to sell to Evalueserve.
- Lead salesperson. Personally signed some of the top 10 investment banks, top 10 hedge funds, and top 20 private equity funds.
- Designed proprietary speed-recruiting process to recruit experts for clients typically in 1-3 days.
- Developed, taught proprietary elicitation training: how to motivate sources to share information with investors. Based on tools used by intelligence officers, psychiatrists, and journalists.
- Covered in Wall Street Journal (page 1), BusinessWeek, Investor's Business Daily, etc.
- As marketing and recruiting for Nitron, delivered speeches to IRC Alternative Investment Summit; World Hedge Funds Summit; MIT CIO Symposium; NYU; Wharton; Yale; etc. -
Co-Author
The Virtual Handshake: Opening Doors and Closing Deals Online
(Privately Held; 1-10 employees; Writing and Editing industry)
January 2003 — December 2005 (3 years)
Lead author, The Virtual Handshake: Opening Doors and Closing Deals Online, first business book about how to use Web 2.0 technologies to win clients, raise capital, close deals, and recruit employees. Focuses on social software/online networks. Published by American Management Association. Reviewed in Harvard Business School Working Knowledge, BusinessWeek, Kirkus Reviews, and mentioned in over 250 blog posts. Excerpted in CNN.com. More details at www.TheVirtualHandshake.com
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CEO
Teten Recruiting
(Staffing and Recruiting industry)
September 2001 — June 2004 (2 years 10 months)
Founder and CEO. Sells recruiting services and career-related resources. Focus on private equity, investment banking, strategy consulting.
- Personally sold leading clients, including senior executives at American Real Estate Partners (NYSE: ACP), Carl Icahn Associates, IDT Entertainment, Net2Phone, OfficeTiger, Zacks, etc.
- Signed outsourcing partnership with Accolo in 2004. Sold Teten Recruiting to Accolo in 2006, and joined Accolo's Advisory Board. (See above for more on Accolo.) -
CEO
GoldNames
(Privately Held; 51-200 employees; Financial Services industry)
August 1999 — September 2001 (2 years 2 months)
First investment bank for the internet domain name asset class.
- Built 5 revenue streams: internet domain name sales, leasing, valuation/transaction advisory, domain name registrations, and internet advertising. Over 450 clients worldwide.
- Recruited team of 54 professionals (at peak), natives of 19 countries and alumni of 18 leading banks (Goldman Sachs, Credit Suisse, Salomon, Merrill Lynch, Deutsche Bank)
- Raised $2.25m from venture capitalists and angels. Signed $10m fundraising agreement with Credit Suisse in June 2000 at $25m pre-money valuation (unconsummated due to market).
- Candidate for Board of ICANN (Asia/Australia/Pacific seat). Endorsed by Afternic. -
Financial Analyst
Bear Stearns
(Public Company; 5001-10,000 employees; BSC; Financial Services industry)
August 1994 — July 1996 (2 years)
Financial Analyst. Investment banking for technology/defense/aerospace industry. This 14-person team ranked #1 in defense/aerospace M&A in 1994-1996. Sole Banking representative on team organizing annual Technology Conferences, with Equity Research. Selected transactions:
- Sybase: $943m acquisition of Powersoft Corporation (2nd-largest software acquisition ever).
- McAfee Associates: $41m acquisition of Saber Software Corporation.
- VLSI Technology: $99m secondary stock offering. $58m underwritten call of convertible subordinated debentures. Wrote book for credit rating agency arguing for ratings upgrade.
- Honeywell: $280m acquisition of Duracraft.
- UUNET Technologies: $76m IPO. ICon CMT: $10m equity private placement. -
Associate Consultant
Mars & Co
(Privately Held; 51-200 employees; Management Consulting industry)
May 1993 — July 1994 (1 year 3 months)
Associate Consultant. French strategy consulting firm. Spin-off of Boston Consulting Group.
- For two major beverage firms, modeled financials, pricing, distribution, volume, and taxes. -
Founder and Principal
D.A.T.A. Computer Consultants Program
(Privately Held; 1-10 employees; Information Services industry)
December 1990 — May 1992 (1 year 6 months)
Won 35 clients for new computer consulting group.
- Managed 110 consultants. Co-developed and taught computer consulting workshops
David Teten’s Education
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Harvard University
MBA, 1997 — 1998
2nd year Honors.
- Activities and Societies:
- Member, Debate Team. Actor, HBS Show. Co-President, Jewish Students Association. Selected by faculty to tutor in Finance.
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Yale University
BA, English, Psychiatry, Pedantology, Hebrew, 1984 — 1992
Economics and Psychology (double major), with Distinction in Psychology. McLaughlin Essay Prize. State Farm Fellowship.
Additional Information
David Teten’s Websites:
David Teten’s Interests:
Languages: advanced Hebrew, intermediate French. Enjoy weightlifting, jogging, parkour, logic problems.
David Teten’s Groups:
1999 – present Aish HaTorah Business Leadership Council. Founder, now Chairman. MBA group.
2001-06;'95-96 Young Jewish Leadership PAC, Chairman (2004-2006). Board member (2001-present).
1998 – present Harvard Business School Alumni Association of Israel, Vice President.
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Israeli International MBAs -
Harvard Club of Israel -
Harvard Business School Technology Alumni -
Executive Suite -
The Institute for Humane Studies -
P&G Alumni Network Association -
Harvard University Alumni -
Harvard Business School Alumni Network -
TechAviv (Formerly NY Israel Tech) -
Israeli Business Forum of New York -
Bear Stearns Employees, Friends, and Family -
New York Venture Community -
Evalueserve (EVS) -
Harvard Business School alumni -
Silicon Alley New York
David Teten’s Honors:
3/08: Integrity Research: "2008 Top Pick for Asia/Emerging Market Expert Network". Integrity Research is the leading information provider for investment research industry.
10/05: Human Capital magazine: “Future HR Leader Award” for innovative use of social software in recruiting experts
David Teten’s Contact Settings
Interested In:
- new ventures
- job inquiries
- expertise requests
- business deals
- reference requests
- getting back in touch
