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Home | Seminars and Symposia | Past seminars/symposia: Wednesday, February 4, 2004

DTC Seminar Series

I Am an Engineer and So … How Do I Get Rich With My Ideas?


Tim Kraskey
Managing Director
YankeeTek Ventures

Wednesday, February 4, 2004
1:00 pm

402 Walter Library

Tim Kraskey

Download slides (pdf 345 KB) Universities and Professors do both research and teach. As part of the research, Professors many times come across breakthrough ideas. These ideas are the foundation of some of the greatest companies in the US, but all too often the investor of the idea is not the one to reap any of the rewards. We will discuss how to protect your ideas, venting your ideas, and what it takes to finance your ideas.


Timothy Kraskey is Managing Director of YankeeTek Ventures where he has led or backed deals with Seranoa Networks, Aegis Semiconductor, ProQuent Systems, Pactolus Communication Software, CYA Technologies and Message Machines (acquired by Natural MicroSystems). He has been an angel investor and has held investments in Sirocco Systems (acquired by Sycamore Networks), Pingtel, BroadSoft, Access 360 (acquired by IBM), and Softricity.

Kraskey presenting

Mr. Kraskey was also one of the founders and officer for Sahara Networks Inc., a developer of scalable, high-speed broadband access products. After Sahara's acquisition by Cascade Communications and later Ascend, he served as Vice President of Marketing in Ascend Communication's Core Systems Division. Venture Market East (Red Herring) highlighted Sahara as the best strategic merger for 1997. Mr. Kraskey has also worked for ADC Telecommunications, Newbridge Networks and General DataComm in key sales, marketing and management roles. Mr. Kraskey has recently co-authored a new course at MIT Sloan School of Management on "Sales and Salesforce Management" where he was a Senior Lecturer. His MIT Sloan Sales course has been introduced at the University of Minnesota, Carlson School of Management. He continues to assist as visiting lecturer for other Professors at the MIT Sloan School of Management on sales and marketing topics. Mr. Kraskey holds a Bachelor of Arts Degree in economics from the University of Minnesota.