First Virtual Group is a diversified holding company, headquartered in Redwood City, CA, with global interests in real estate, agribusiness, philanthropy, and global financial asset management. We consist of over 50 individual corporations, operating in twenty locations across four states and two countries. We participate in hundreds of business partnerships around the world.
First Virtual Group's culture is built upon an essential set of core values that define who we are and what we do.
We demonstrate the highest levels of professionalism and quality in everything we do.
We comport ourselves with the highest levels of business ethics and professional courtesy.
In pursuing our objectives, we have a bias for action.
First Virtual Properties
First Virtual Capital
First Virtual Development
First Virtual Air
First Virtual Management Mexico
Thomas and Stacey Siebel Foundation
Siebel Scholars Foundation
Gift Establishes the Thomas M. Siebel History of Science Professorship
February 2015 – Princeton University
Thomas Siebel to Headline 2015 MIT Energy Conference
The Siebel Scholars Foundation Announces 2015 Siebel Scholars
September 2014 - World’s Brightest Business, Computer Science, and Bioengineering Students Join Distinguished Community of Over 950 Leaders
Mr. Siebel is the chairman and chief executive officer of C3 Energy, an energy efficiency and smart grid analytics software company.
Mr. Siebel was the founder, chairman, and chief executive officer of Siebel Systems, one of the world's leading software companies, which merged with Oracle Corporation in January 2006. Founded in 1993, Siebel Systems rapidly became a leader in application software with more than 8,000 employees in 32 countries, over 4,500 corporate customers, and annual revenue in excess of $2 billion.
As Managing Director, Investments, Aaron Morris is responsible for the investment portfolios of all First Virtual Group entities, including various trusts, corporations and foundations. Prior to his current position, Aaron was Chief Financial Officer of First Virtual Group. Previously, Aaron has worked at Golden Gate Capital, Bain & Co., and Morgan Stanley.
First Virtual Properties seeks to identify opportunities for predictable and measurable asset appreciation through commercial, agricultural, and residential real estate projects and investments. It has established a broad and expanding real estate portfolio throughout the United States and Mexico.
Investment properties in the United States include holdings in California, Nevada, Montana, Georgia, and New York. First Virtual Properties continues to invest in a broad range of real estate, seeking to cultivate new projects and capitalize on emerging markets.
First Virtual Group manages commercial cattle operations that produce Angus feeder cattle. Dearborn Ranch, which ships 750,000 pounds of premium beef to market per year, also works toward the long-term improvement of its land and preservation of wildlife habitats.
Dearborn Ranch is located in Wolf Creek, Montana. Annually, the Dearborn raises over 1,000 Black Angus cattle. Range fed, the cattle are raised without hormones or antibiotics. Dearborn Ranch also supports wildlife native to Montana, including mule deer, whitetail deer, elk, antelope, black bears, grizzly bears, gray wolves, coyotes, badgers, eagles, hawks, wild trout, pheasants, partridges, grouse, chukar, gophers, and rattlesnakes.
The Thomas and Stacey Siebel Foundation—a nonprofit, public benefit corporation—was established as a private foundation in 1996. Its mission is to support projects and organizations that work to improve the quality of life, environment, and education of its community members.
The Siebel Foundation funds projects to support:
The Thomas and Stacey Siebel Foundation engages in strategic philanthropy; as such, it does not entertain grant requests. Since 2000, the Thomas and Stacey Siebel Foundation has granted $250,890,399 to various charitable causes.
One of the Siebel Foundation's most impactful endeavors has been the Meth Project, a large-scale prevention effort aimed at significantly reducing the prevalence of methamphetamine use.
The United Nations has identified methamphetamine abuse as a growing global pandemic. Law enforcement departments across the U.S. rank Meth as the #1 crime problem in America. In response to this growing public health crisis, the Siebel Foundation established the Meth Project to significantly reduce Meth use through public service messaging, community action, and public policy initiatives.
In Montana, where the program was first initiated, the Meth Project has been able to change attitudes and behaviors toward Meth through large-scale messaging campaigns and aggressive community outreach programs. Central to the integrated, research-based campaign is MethProject.org, a definitive source for information about Meth for teens. MethProject.org is supported by hard-hitting television, radio, print, online, mobile, and social media campaigns that communicate the risks of Meth use. Since the Project launched, Montana has seen a 72% decrease in adult Meth use, a 63% decrease in teen Meth use, and a 62% decrease in Meth-related crime. The Meth Project has since expanded to seven additional states: Arizona, Colorado, Georgia, Hawaii, Idaho, Illinois, Montana, and Wyoming, which have reported similar results. In the two years following the launch of the Idaho Meth Project, the state saw a 52% decrease in teen Meth use, the largest decline in the nation, and Arizona's rate of teen Meth use declined by 65%.
The Meth Project was cited by the White House as one of the nation's most effective prevention programs and a model for the nation and was named the 3rd most effective philanthropy in the world by Barron's. For more information visit www.MethProject.org.
In 2013 the Meth Project became a part of the Partnership at Drugfree.org, joining forces with the nation's largest nonprofit organization dedicated to reducing teen substance abuse. The Partnership will continue to employ the Meth Project's successful public education programs, advertising campaigns, prevention tools, and family of websites, including MethProject.org in an effort to reduce substance abuse among teens.
The Siebel Scholars program was founded in 2000 to recognize the most talented students at the world's leading graduate schools of business, computer science, and bioengineering and to form an active, lifelong community among an ever-growing group of leaders. Each year, 85 outstanding graduate students are selected as Siebel Scholars based on academic excellence and leadership and receive a $35,000 award toward their final year of studies. Today, more than 950 of the world's brightest minds are Siebel Scholars. This exceptional group has the unique opportunity to directly influence the technologies, policies, and economic and social decisions that shape the future. Siebel Scholars serve as key advisors to the Siebel Foundation, guiding the development of innovative programs the Foundation initiates. The Siebel Scholars community is also integral to a highly outcome-driven Siebel Scholars conference held each year to explore critical social issues.
The Siebel Scholars program is funded with grants to Carnegie Mellon University; Harvard University; Johns Hopkins University; Massachusetts Institute of Technology; Northwestern University; Princeton University; Stanford University; Tsinghua University; University of California, Berkeley; University of California, San Diego; University of Chicago; University of Illinois at Urbana-Champaign; and University of Pennsylvania. For more information about Siebel Scholars, please visit www.SiebelScholars.com
The Siebel Stem Cell Institute, established by the Thomas and Stacey Siebel Foundation in 2008, is a joint research initiative between the University of California, Berkeley Stem Cell Center and the Stanford Institute for Stem Cell Biology and Regenerative Medicine — two of the world's leading stem cell research institutions.
Since its founding, the Siebel Stem Cell Institute supports innovative research projects and collaboration among top physician-scientists, biologists, chemists, engineers, and computer scientists to harness the potential of regenerative medicine to address intractable diseases and confront challenges presented by aging.
The Institute has discovered new ways to combat diseases at the molecular level by enabling stem cell growth and has created new therapies to treat breast cancer patients and children with immunodeficiencies with purified blood-forming stem cells. New techniques have been developed to better identify colon and bladder cancers for more accurate analysis and targeted treatment.
Researchers have also identified the underlying mechanisms that give rise to leukemia, Alzheimer's disease, and heart disease, and have isolated stem cells that make possible the regeneration of bone, cartilage, and tissue.
First Virtual Group manages a globally diversified investment portfolio, utilizing both quantitative and qualitative inputs in an attempt to achieve above average risk-adjusted returns.
First Virtual Group's investment philosophy is based upon a long-term asset allocation that includes fixed-income, domestic and foreign equities, private equity, emerging markets, absolute return strategies, real assets, and cash. Each asset class is benchmarked to an appropriate index. First Virtual Group avoids market timing and pursues active management only in those markets where it believes there is unusual opportunity. The central objective is to achieve an attractive rate of return, utilizing a diverse portfolio of high quality assets, while keeping transaction costs and management fees at an absolute minimum.
First Virtual Group reviews its asset allocation annually in order to bring the allocation in line with policy targets.
First Virtual Group works with a broad range of global firms including:
Citi Private Bank
Deutsche Bank Alex. Brown
Golden Gate Capital
Hellman & Friedman
JP Morgan Private Bank
Kleiner Perkins Caulfied & Byers
Makena Capital Associates
Sutter Hill Ventures
Texas Pacific Group