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Last Update

2004-10-13T00:00:00.000Z

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Background Information

Employment History

Founding General Partner
Exavest Ventures LP

Principal
Exavest Ventures LP

Chairman
Zetera Corporation

Chief Executive Officer
Qtera Corporation

Chief Executive Officer
SkyDirect

Affiliations

Board Member
Zetera Corporation

Education

double-major B.A. degree
psychology and sociology
University of California

Web References (4 Total References)


Zetera Management Team

www.zetera.com [cached]

Rick AversanoGeneral PartnerExavest Ventures LP

Mr. Aversano is the founding general partner of Exavest Ventures, an information technology investment partnership based in Newport Beach, California.Mr. Aversano's diversified, 22-year career in high technology spans eight start-ups and three multi-nationals.Mr. Aversano most recently served as director, co-founder and VP Finance of Qtera Corporation, an ultra long-haul photonics systems start-up, founded in September 1998 and acquired by Nortel Networks in January 2000 for $3.25B.As Chairman, Mr. Aversano brings extensive experience in product development, product management, marketing, business development and finance to Zetera's board.


About - Team

www.qtera.com [cached]

Rick Aversano, Vice President - Finance and Founder

561-999-4301
Responsible for Qtera's financial and administrative activities, Rick most recently was chief executive officer of SkyDirect, a satellite start-up company, and has served as a key strategist in five other start-up companies as well.He was director of business development for Pirelli Telecom System Group, where he and fellow Qtera founder Fahri Diner met.While with Fujitsu, Rick introduced the first SONET LTE and, during his tenure at RELTEC, he introduced the first SONET digital loop carrier system.Throughout his 20-year career in telecommunications, Rick has had numerous technical, marketing and financial-administration responsibilities, including software architecture, product management, channel management, product marketing, P&L program management, general-account management and corporate business development.
Rick has a double-major B.A. degree in psychology and sociology from the University of California at Los Angeles.


# 29. Rick Aversano, ...

www.ocbj.com [cached]

# 29. Rick Aversano, Cofounder, philanthropist, Qtera Corp.

...
Rick Aversano and wife Wendy are fans of stage and screen.
...
Their wealth comes from Rick Aversano's days before he came to Orange County. In 2000, he and other cofounders sold Boca Raton, Fla.-based Qtera Corp. to Nortel Networks Corp. for more than $3 billion.
The founders struck it rich before ever selling a single product after finding a way to boost the distance and speed of data flowing over fiber optic cables, which was key to Nortel's networking gear.
Aversano was the head guy in brokering the Nortel deal. Before Qtera, he was at a handful of startups.
We estimate Aversano at $250 million, based on his Qtera stake at the time of the sale. We presume he sold at least some of his Nortel stock before it crashed in 2001.
He's now partly retired, overseeing investments and philanthropy.


Others included Rick ...

www.thinktogether.org [cached]

Others included Rick Aversano, cofounder of Qtera Corp. (sold to Nortel Networks in 2000) and his wife Wendy; chief executive of RSI Holding Corp., Ron Simon, and his wife Sandi; Newport Beach-based Surterre Properties Inc.; Newport Beach-based Coast Magazine; and South Coast Plaza.

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