Today, with hundreds of venture capitalists in attendance at the NVCA Annual Meeting in Boston, two professionals were recognized for their dedication and service to the venture industry.  Ted Schlein, Managing Partner at Kleiner Perkins Caufield & Byers (KPCB), was awarded the Outstanding Service Award and William Sahlman, Professor of Business Administration at Harvard Business School, accepted the American Spirit Award.

The Outstanding Service Award recognizes an NVCA member or firm that has committed an extraordinary amount of time, resources and dedication to Association efforts that in turn benefit the entire industry.  Ted has worked tirelessly to protect VC firms and portfolio companies from unintended consequences of regulation and legislation, specifically on the carried interest tax treatment issue.

The American Spirit Award recognizes individuals who have shown outstanding leadership by applying business skills, knowledge, expertise and resources to make a meaningful contribution to society. Mr. Sahlman’s work as a professor, researcher and thought leader in the area of venture capital and entrepreneurship has educated our country about the important impact of the start-up ecosystem for decades.

You can read the full press release here.