Daniel Burstein

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Daniel Burstein


Daniel Burstein co-founded Millennium Technology Value Partners with Sam Schwerin in 2002. He has been actively involved in many of Millennium’s most important investments including Facebook (NASDAQ: FB) and Alibaba (NYSE: BABA), and led the firm’s investment in Twitter (NYSE: TWTR).

Before Millennium, Burstein was Senior Advisor at The Blackstone Group, where he worked for 12 years in a variety of capacities. Over the course of his career, he has been a consultant to the CEOs and senior executives of major global corporations including Sony, Toyota, Microsoft, and Sun Microsystems.

During the last two decades, Burstein has served on more than a dozen public and private company boards. He has also been a forum fellow at the World Economic Forum in Davos and has been honored many times for his books and journalistic work, including awards from the Overseas Press Club and Sigma Delta Chi. He and Sam Schwerin have co-authored several thought-leading articles and white papers on the Direct Secondary Market and the ever-growing, ever-evolving role of alternative liquidity solutions to address the needs of constituents in the venture capital ecosystem.[1]]

Investor

Burstein has made personal venture capital investments since 1983, when he first worked as a consultant in Silicon Valley. He began making institutional venture capital investments in the second half of the 1990s. He articulated and led an investment thesis that focused on early stage companies building backbone infrastructure for the internet and enhancing the security, reliability, and user experience of the web. The small funds he led experienced extraordinary returns available in that time period for this investment thesis.

AlwaysOn has named Dan to its lists of the “Power Players” in New York’s venture capital community, the top 100 Power Players in Digital Media, and the top venture capitalists in the U.S.[2]]

Writer

The New York Times bestselling author of 14 books, Burstein has written about technology trends, global economic issues, and popular culture. Among his path-breaking books are Yen! a 1988 global bestseller about the rise of Japanese financial power; Road Warriors, a 1995 book about the birth of digital media and the internet; Big Dragon, a 1998 book about China’s future; Secrets of the Code, a 2004 guidebook to the Da Vinci Code that was on the New York Times bestseller list for six months; Blog! a pioneering 2005 book about the birth of social media; and Secrets of 24, about the political, moral, and technological issues in the TV series “24.” His 2011 book, THE TATTOOED GIRL: The Enigma of Stieg Larsson and the Secrets Behind the Most Compelling Thrillers of our Time, was nominated for the prestigious Edgar Award from the Mystery Writers of America. His l most recent book is Secrets of Inferno: In the Footsteps of Dante and Dan Brown (2013). His books have been published in 33 languages and several have been turned into documentary films. He is a frequent speaker at venture capital events and is often asked to help judge venture capital competitions. He has made numerous TV appearances on CNN, CNBC, MSNBC, the History Channel, and Charlie Rose and has written more than a thousand articles for well-known magazines and newspapers.[3]]

Community involvement

Actively involved in several community initiatives in Connecticut where he lives, Burstein was a founding Board member of the Weston Education Foundation and served on the Advisory Board for the Westport Youth Film Festival (WYFF) from its inception in 2004 to 2011. He was honored with WYFF’s Founder’s Award for his community service.[4]]

CPM-L

In the late 1970s, Daniel Burstein was a leader of the Communist Party USA (Marxist-Leninist).[5].

The Call

Daniel Burstein was the editor of the October League's The Call.[6]

Cambodia

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The Call published the accounts by Daniel Burstein (led by Mike Klonsky) of their trip to Pol Pot's Cambodia aka Democratic Kampuchea in 1978.

In April 1978, a group of four Americans from the Communist Party USA (Marxist-Leninist) visited Cambodia, declaring themselves the "first Americans to visit Cambodia since April 1975." The group included Robert Brown, Mike Klonsky, David Klein and the editor of the communist The Call magazine Daniel Burstein.

This group of Americans met with Iang Sary and toured the country for eight days, including Phnom Penh city and Siem Reap, Kampong Thom, Kampong Cham and Takeo provinces. Afterward, they departed with a very favorable impression of Democratic Kampuchea and the 'accomplishments' of the Khmer Rouge regime. Burstein was so impressed that he wrote an op-ed piece for the New York Times entitled "On Cambodia: But, Yet," published November 21, 1978, declaring the stories of Khmer Rouge horrors and genocide that were littering the US press at the time to be slanderous lies.

Burstein wrote;

"Everyone knows about the war waged by the United States in Cambodia from 1970 to 1975. But very few people know about or understand the war that it is waging today against that country, which now calls itself Democratic Kampuchea. The was is being fought on many fronts. But it is mainly a propaganda war, a consciously organized, well-financed campaign to spread lies and misinformation about Kampuchea since the victory of its revolution in 1975.
I was the first American to visit Kampuchea since April 17, 1975. What I saw has little in common with the stories told by so many journalists and other 'authorities' who have never been there...
The most slanderous of all charges leveled against Kampuchea is that of 'mass genocide,' with figures often cited running into the millions of people. I believe this is a lie, which certain opinion-makers in this country believe can be turned into a 'fact' by repeating it often enough."

Though, Burstein did concede that there may have been "excesses,"

This does not mean there has been no violence or bloodshed since the revolution. The new Government has had to deal with many forces that oppose the revolution -- former Lon Nol officials, as well as organized networks of American, Russian and Vietnamese agents trying to overthrow the Government. Such sabotage has undoubtedly been met with violent suppression. In the course of this, there may even have been some excesses, which no revolution is immune to.
His tour companions were similarly impressed by their experience in Democratic Kampuchea. They produced a 115-page booklet entitled, 'The New Face of Kampuchea: a photo-record of the first American visit to Cambodia since the end of the war,' or 'Kampuchea: A photo-record of the first American visit to Cambodia since April 1975,' written by Klein, with photographs by Robert Brown and published by the now defunct Liberator Press (Chicago) in late 1978.[7]

References