Roger McNamee, 2006
Roger McNamee, 2006
McNamee, one of the founders of Silver Lake Partners and now of Elevation Partners is also a musician via an alter ego, Chubby Wombat. McNamee/Wombat's band Moonalice includes hired guns Jack Casady of Jefferson Airplane and Pete Sears of its spin-off, Jefferson Starship. At his 50th birthday in 2006, however, McNamee enjoyed the public serenading of his Elevation business partner Bono at the San Francisco Zoo. McNamee probably didn't have to pay for that appearance, unless you count the money both were losing on Elevation's bets in the mid-2000s.

In the 1980s, multi-day birthday parties could lead to some serious business deals. Michael Marto recalls one binge in Monaco that brought together execs of Lockheed Martin and finance ministers from the Gulf states -- but this one was more about preserving investors' unity. McNamee and Bono's faith in Elevation has paid off, as its 2009 investment in Facebook helped erase memories of its gambles on Palm and Forbes. It's unclear whether McNamee's birthday concert or his changing his band's name was the key to his turn of luck.

Last updated August 29 2011: 8:49 AM ET
Join the Conversation

Think it's fun to work at a bank these days? At Portland, Ore.-based Umpqua, where the day may start with marshmallow dodge ball, it sure is.

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.