BASES DFJ ETL Series: David and Gary Morgenthaler

Premier venture capitalists, David and Gary Morgenthaler discuss their experiences in the industry.

Gary joined Morgenthaler in 1989, bringing with him 19 years of computer industry experience. Gary was a co-founder and past Chairman of Illustra Information Technologies, Inc., and served as a director on Illustra's board until it was acquired by Informix in 1995. He served as Chairman of Ingres Corporation (formerly Relational Technology) until its sale in October 1990, and was a founder of the company in 1980. Between 1984 and 1988 he was Chief Executive Officer of Ingres. Earlier he was with McKinsey & Company, Tymshare, Inc., and Stanford University's Institute for Mathematical Studies in the Social Sciences.

David Morgenthaler founded Morgenthaler in 1968 after a successful career as an operating executive. After his venture-backed business was sold to an international company, Dave decided that there was a tremendous opportunity for private venture capital investing. He then built a small Cleveland-based venture capital firm with a goal of investing in a variety of private technology companies nationally. He also took a leadership role in establishing the legitimacy and potential of the nascent venture capital industry.