Dag died on Sept. 12, 2000, of neuroendocrine cancer. Born in Oslo, Norway, he majored in civil engineering and served in the Norwegian Army Corps of Engineers after graduation.
In 1967 he married Bente Stavnes and moved to California to earn an MBA at Stanford. Working as a management consultant, Dag found his calling in international business management. He spent 20 years as a venture capitalist, where most of his investments pioneered new industries and some, such as KLA-Tencor and OCTEL Communications, became dominating players in their fields.
In 1982, Dag founded Glenwood Management, whose growth was aided by Dag's skills in internationalization and corporate partnering. In 1996 he founded Vision Capital to make trans-Atlantic technology investments in European companies.
Between 1988 and 1992, Dag chaired an advisory committee to Princeton's Computer Science Department and served on an advisory committee to the School of Engineering and Sciences.
Dag's daughter, Karina (Tellefsen) Dykes, is a member of the Class of '96. Her husband is Robert Dykes '93. Dag's father, Jens '31, brother Jens '62, and his nephew, Jens '94, also attended Princeton.
To Bente, to Dag's son Tore, to Karina, and to all other family members, the class extends its deepest sympathy.
The Class of 1966