The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AbbVie Inc. COM 002874Y10 1,680 25,000 SH   SOLE   25,000 0 0
Abbott Laboratories COM 002824100 1,227 25,000 SH   SOLE   25,000 0 0
Amazon.com Inc. COM 023135106 25,185 58,019 SH   SOLE   58,019 0 0
Apple Computer COM 037833100 1,054 8,400 SH   SOLE   8,400 0 0
Automatic Data Processing, Inc COM 053015103 554 6,911 SH   SOLE   6,911 0 0
Berk. Hath. Class B COM 084670207 3,763 27,650 SH   SOLE   27,650 0 0
Demandware COM 24802Y105 10,499 147,712 SH   SOLE   147,712 0 0
EMC Corporation COM 268648102 1,056 40,000 SH   SOLE   40,000 0 0
Etsy, Inc. COM 29786A106 44,713 3,182,441 SH   SOLE   3,182,441 0 0
Facebook, Inc. COM 30303M102 23,042 268,670 SH   SOLE   268,670 0 0
Financial Engines, Inc. COM 317485100 1,149 27,050 SH   SOLE   27,050 0 0
General Electric COM 369604103 1,488 56,016 SH   SOLE   56,016 0 0
General Mills COM 370334104 1,486 26,672 SH   SOLE   26,672 0 0
Google Inc. Class A COM 38259P508 6,326 11,714 SH   SOLE   11,714 0 0
Google Inc. Class C COM 38259P706 1,617 3,106 SH   SOLE   3,106 0 0
Guidewire Software, Inc. COM 40171V100 897 16,940 SH   SOLE   16,940 0 0
Halliburton Co. COM 406216101 1,004 23,300 SH   SOLE   23,300 0 0
Intel COM 458140100 1,521 50,000 SH   SOLE   50,000 0 0
Intuit, Inc. COM 461202103 504 5,000 SH   SOLE   5,000 0 0
Johnson & Johnson COM 478160104 1,699 17,428 SH   SOLE   17,428 0 0
Laredo Petroleum, Inc. COM 516806106 126 10,000 SH   SOLE   10,000 0 0
Liberty Global Inc COM 530555101 268 5,300 SH   SOLE   5,300 0 0
Linear Technology COM 535678106 1,902 43,001 SH   SOLE   43,001 0 0
Linkedin Corp COM 53578A108 19,600 94,855 SH   SOLE   94,855 0 0
Mercadolibre, Inc. COM 58733R102 9,929 70,068 SH   SOLE   70,068 0 0
Merck COM 589331107 1,313 23,068 SH   SOLE   23,068 0 0
Minnesota Mining COM 604059105 617 4,000 SH   SOLE   4,000 0 0
NetSuite Inc. COM 64118Q107 10,429 113,667 SH   SOLE   113,667 0 0
Nike, Inc COM 654106103 281 2,600 SH   SOLE   2,600 0 0
Nimble Storage Inc. COM 65440R101 21,448 764,375 SH   SOLE   764,375 0 0
Oasis Petroleum COM 674215108 174 11,000 SH   SOLE   11,000 0 0
Palo Alto Networks, Inc. COM 697435105 5,757 32,953 SH   SOLE   32,953 0 0
Qualcomm Inc COM 747525103 551 8,800 SH   SOLE   8,800 0 0
Royal Dutch Shell PLC COM 780259206 228 4,000 SH   SOLE   4,000 0 0
Salesforce.com Inc. COM 79466L302 10,966 157,483 SH   SOLE   157,483 0 0
Schlumberger Ltd. COM 806857108 1,379 16,000 SH   SOLE   16,000 0 0
Schwab Charles Corp COM 808513105 326 10,000 SH   SOLE   10,000 0 0
ServiceNow, Inc. COM 81762P102 7,716 103,831 SH   SOLE   103,831 0 0
Splunk, Inc. COM 848637104 7,143 102,605 SH   SOLE   102,605 0 0
Target CP COM 239753106 1,073 13,140 SH   SOLE   13,140 0 0
Twitter, Inc. COM 90184L102 12,140 335,165 SH   SOLE   335,165 0 0
Veeva Systems COM 922475108 5,461 194,820 SH   SOLE   194,820 0 0
Violin Memory, Inc COM 92763A101 1,196 487,999 SH   SOLE   487,999 0 0
Visa, Inc. COM 92826C839 1,343 20,000 SH   SOLE   20,000 0 0
Workday, Inc. COM 98138H101 22,868 299,359 SH   SOLE   299,359 0 0
Xactly Corp COM 98386L101 4,007 466,419 SH   SOLE   466,419 0 0
Yelp, Inc. COM 985817105 16,754 389,352 SH   SOLE   389,352 0 0
YuMe, Inc COM 98872B104 3,765 694,642 SH   SOLE   694,642 0 0
Zillow Group, Inc. COM 98954M101 15,024 173,205 SH   SOLE   173,205 0 0