Welcome to MS&E 273 Fall 2017

Are you wondering what it takes to build the next Amazon.com, Genentech, or Apple Inc.? In this course, graduate students interested in technology driven start-ups have the opportunity to learn and practice the fundamental skills required to assess a technology concept or product in the framework of a business opportunity. The course focuses on technology products and services with a critical innovative advantage that will provide sustainable differentiation. We will explore the opportunity to build a business around a realistic technology development. Learn about the experience of an early-stage entrepreneur seeking initial investment, including: Team Building, Opportunity Assessment, Customer Development, Product Development Planning, Financial Modeling, Go-to-Market Strategy, and Intellectual Property. The teaching team, mentors and lecturers include serial entrepreneurs, venture capitalists and domain experts in IP and key technology segments. The final pitch is delivered to a panel of partners at top VC firms.

The class is limited to graduate students only. The class must be taken for credit.

The class application for the first round of admission for fall 2017 is passed. The second application round will be in September. We will host a mixer session in the week before class on campus and will review applications in this week.

In the meantime, applications will not be screened. However, admitted partial teams are encouraged to search for teammates over the summer and those potential teammate candidates are screened on a rolling basis.

Please use this team formation sheet to find a potential team to join or to find teammates. Just fill it out and feel free to reach out to the other students. (Please realize there are two sheets for teams looking for members and individuals looking for teams to join.)

Please apply here!

For questions, please contact one of the TAs:

Audrey MacLean

On Sabbatical

Professor MacLean has a unique track record for entrepreneurial success as a founder, CEO, seed investor, and board member. She has been on the Midas Touch list by Forbes, listed by BusinessWeek as one of the 50 most influential business women in America and is a member of Fortune's Most Powerful Women group. She was also featured by Forbes in a cover article on Angel Investing.

MacLean has four decades of combined experience in the computer and communications industries. She was a founder of Network Equipment Technologies which went public in 1987 and later co-founded and was CEO of Adaptive which merged with NET in 1993.

Building on her own entrepreneurial success, MacLean has been instrumental in helping to launch and grow successful companies through her work as a mentor capitalist and as a professor of entrepreneurship. The companies she has seed funded which have gone public include: Pure Software, Pete's Brewing Company, AdForce, dsl.net, and Selectica. Successful acquisitions include: Skybox/Google, Centrality/Sirf, Ironport/Cisco, Avidia/PairGain, Firefly/Microsoft, InternetMiddleware/NetworkAppliance, Amplitude/CriticalPath, specialtyMD/Chemdex, Gigabeat/Napster, and Achieva/Kaplan. MacLean serves on the Board or Advisory Board of Andalou, Beyondcore, Follow-Analytics, Finesse, mOasis, Solum, Sourcegraph. Starmaker and Zady. She is also an affiliate and advisor to a number of leading Venture Funds.

In her teaching capacity at Stanford, she is a lead professor for the Technology Venture Formation course in the Stanford Technology Venture Program in the School of Engineering. In addition to her work at Stanford MacLean actively supports the development of entrepreneurial studies through her board work at the Kauffman Fellows Program and Maui College University of Hawaii.

Jack Fuchs

Stanford University

Jack is an entrepreneur a teacher, and an angel investor. From 2007 through 2012, Jack was CFO of ForteBio, Inc., a private life science equipment company, which was successfully sold to Pall Corporation on 1-March, 2012. Previously, he has held Finance, Business Development, Sales, Marketing, and Product Management positions at a number of private companies, including IPWireless, a 120-person broadband wireless company that was successfully sold to a strategic buyer in 2007. He also sold Lumitrend, a leading SAS applications provider, to Asurion, a device insurance company.

Previously in his career, Jack held several senior positions with Becton Dickinson & Company including Vice President of e-Business, North American Business Leader, Vice President Worldwide Marketing, and Director of Corporate Planning. In addition, Jack was an Engagement Manager with McKinsey & Company, where his client focus was health care and wireless communications.

In addition to his entrepreneurial pursuits, Jack is a Consulting Associate Professor in MS&E273. He is also a Lecturer in Entrepreneurship at the Haas School of Business at The University of California at Berkeley. Jack mentors entrepreneurs, serves on Boards of private companies, and acts as an angel investor. He holds an AB in Engineering Sciences with Honors from Dartmouth College magna cum laude and phi beta kappa, and he received his MBA from Stanford University as an Arjay Miller Scholar.

Mike Lyons

Stanford University

Mr. Lyons is currently a Partner with the Ratio Group (www.RatioIM.com) a technology advisory and venture capital group working with Fortune 500 clients and the U.S. Government. He also serves as as Chairman of CypherPath, a converged infrastructure virtualization company. He was former Chairman of Shadow Networks, Inc. a cyber security company acquired by Alcalvio in 2016; both are based on technology developed through a tech transfer partnership with Pacific Northwest National Laboratory. He also serves as a Director of Real-Time Innovations (www.rti.com), a privately held software company focused on advanced real-time integration of complex systems and a major thought leader in the Industrial Internet of Things (IIoT). He is a strategic advisor to ICEYE, a SAR-based microsatellite data acquisition company and CEO of its U.S. data subsidiary driving machine learning for SAR data.

He is also a Managing Director of NewLine Ventures, LLC, a management consulting firm. From 2008 to 2011, he also served as a Venture Partner with the Paladin Capital Group in Washington, D.C. and as a Venture Partner for ePlanet Ventures I and II. He was a co-founder and General Partner of Zilkha Venture Partners (Fund closed out in 2003), an early stage venture capital partnership focused on seed and first round investments in IT and bio-technology companies, principally located in Silicon Valley. He founded SafeView, Inc. in 2002, a Government Laboratory (PNNL) spinout, to address aspects of the anti-terrorist physical security market; the Company closed A and B rounds totaling more than $23M led by Draper Fisher Jurvetson, ePlanet Ventures, GE/Invision, Paladin Capital Group, and Novak Biddle. He served as Chairman until its sale to L3 Communications in March, 2006. This technology is now the security standard in airports worldwide.

Concurrently, Mr. Lyons is an Adjunct Professor at the Stanford University Departments of Management Science and Engineering and Civil and Environmental Engineering . Serving in the Stanford position since 1988, he was a co-developer of the Stanford Technology Ventures Program with Prof. Tom Byers and the founding professor of Technology Venture Formation. He also co-teaches, with Prof. Ray Levitt, Entrepreneurship in Civil and Environmental Engineeering. Both of these courses are some of the highest rated courses in the School of Engineering. He is the co-creator of the Stanford Innovation and Entrepreneurship two week program for existing high tech companies produced and managed by the Stanford Center for Professional Development (SCPD). This program is just completing its six year anniversary. He has co-produced and delivered numerous other SCPD and STVP programs. He is a co-founder of the Ratio Academy focused on creating training platforms for entrepreneurial education, now co-developing an online program with SCPD.

From 1980 to 1991, he was a co-founder, a Vice-President, and a Director of Integrated Systems Inc. (INTS, founded 1980), a leading implementer of high-performance real- time control systems for aircraft, automotive, and manufacturing applications. INTS was fundamentally a spinout from the Lockheed Palo Alto Research Lab and Systems Control, Inc. The Company was merged with WindRiver Systems in 1999. WindRiver was acquired by Intel in 2009.

Mr. Lyons received a Bachelors and Masters (equivalent) in Engineering Physics from Cornell University, an MSEE from Stanford, did Ph.D research in Aero/Astro at Stanford (abd) and an MBA, with Distinction, from the Pepperdine Presidential/Key Executive Program. He is a graduate of the Stanford/AEA Institute for the Management of High Technology Companies and a Price-Babson Fellow in Entrepreneurship Education. He holds an FAA multi-Engine Airline Transport Pilot License and Certified Flight Instructor Certificates for Instrument and Multi-Engine Aircraft. He is an avid sailor and motorcyclist.

Gibson Biddle

Guest Instructor
Stanford University

Gibson Biddle focuses on product leadership for consumer technology companies, helping startups with a proof-of-concept to grow -- fast. He currently balances three day/week “Executive-in-Residence” roles with both advising and teaching.

Gib currently works three days/week at NerdWallet, a profitable, high-growth, fintech startup with more than $100M in revenues. He is also an advisor to Metromile, NatureBox, Life360, Eden, and UrbanSitter. As a product leadership coach, he gives 5-10 talks/month in SF, Boston and NY.

At his last company, Chegg, Gib was Chief Product Officer. He led efforts to grow the education startup 5X to $250M over three years, resulting in an IPO in 2014. Before Chegg, Gib was VP Product at Netflix, helping the company grow from one to thirteen million subscribers in five years while helping the company to transition from DVDs to streaming.

Gib began his product management career at Electronic Arts, then was a co-founder of an education startup, "Creative Wonders," which he sold to The Learning Company. He then led Product Development at TLC, culminating in a $3.5B acquisition by Mattel.

Gib is a graduate of Amherst College and received an MBA from the Amos Tuck School of Business at Dartmouth College. Outside of work he skis, surfs, backpacks, flies drones and shoots lots of photos and video. His wife (Kristen Hege) is a biotech exec (Celgene) and a Professor of Medicine at UCSF. He has two daughters, Kelsey (Dartmouth ‘17) and Britney (Colby College, ‘19). He lives in Burlingame, CA.

Pedram Mokrian

Guest Instructor
Stanford University

Pedram Mokrian’s expertise lies at the intersection of how new technologies (connected devices, mobile, software systems), analytics (big data stack), and new business models (consumer marketplaces, product-driven services) can disrupt large incumbent markets such as energy, manufacturing, logistics, education, and commerce.

Partnering and working with entrepreneurs since joining Mayfield in 2009, he has been part of the investment team in CPower (acquired by Constellation Energy) and SolarCity (SCTY). He also serves as a board observer for enterprise SaaS companies SmartRecruiters and CloudPhysics, and other private companies in lighting and power generation.

Prior to Mayfield, Pedram spent time understanding how global markets worked on Wall Street as a member of the commodities trading desk at Credit Suisse in New York. He began his career by actually building things as an engineer and held positions at Ford Motor Company, JDS Uniphase, and Nortel Networks, broadly covering the areas of power generation, fiber-optic communications, and chip design.

He holds a BS and MS degree in Electrical Engineering, and a PhD from Stanford University with a focus on Operations Research, Quantitative Finance and Economics.