Annual Meeting with Author of The Venture Mindset, Prof. Ilya A. Strebulaev

US-ATMC’s 2024 Annual Meeting includes a keynote from . Prof. Strebulaev is the David S. Lobel Professor of Private Equity and Professor of Finance at Stanford Graduate School of Business, where he has been a faculty member since 2004, and a research associate at the National Bureau of Economic Research. He is also the Director of the Venture Capital Initiative. Prof. Stebulaev will discuss his newly released book, , a transformative playbook for delivering extraordinary results in modern organizations.

US-ATMC Director Dr. Richard Dasher will discuss US-ATMC’s major accomplishments in a review of the Center’s research, education, and outreach programs over the last year, and the Center’s plans for the 2024 – 25 academic year. We’ll also hear from US-ATMC Visiting Scholars as they present brief remarks on their activities and research findings over the past year.

Program agenda:

• Welcome remarks from Dr. Richard Dasher, US-ATMC Director
• Keynote from Prof. Ilya A. Strebulaev, Professor and Director of the Venture Capital Initiative in the Stanford Graduate School of Business
• Discussion on Prof. Strebulaev’s new book,
• US-ATMC Update and Strategic Overview from Dr. Richard Dasher, US-ATMC Director
• Introductions to research by current US-ATMC visiting scholars

The Venture Mindset will be available at the event.

In-person registration: please RSVP over Eventbrite

Zoom registration: https://stanford.zoom.us/meeting/register/tJcqde-vqz4tGNOu9KbyQVXnqtuw6ApfKgd6

About our Keynote Speaker:

Ilya A. Strebulaev is The David S. Lobel Professor of Private Equity and Professor of Finance at Stanford Graduate School of Business, where he has been a faculty member since 2004, and a research associate at the National Bureau of Economic Research. He also is the founder and director of the Stanford GSB Venture Capital Initiative. He graduated from the London Business School with a doctorate in finance. He also holds degrees from Lomonosov Moscow State University (BSc Economics) and the New Economic School, Moscow (MA Economics).

Professor Strebulaev is an expert in corporate finance, venture and angel capital, innovation financing, corporate innovation, private equity, and financial decision-making. His work has been widely published in leading academic journals, including the Journal of Finance, the Review of Financial Studies, and the Journal of Financial Economics. He has been awarded a number of prestigious academic awards, including the First Paper Prize of the Brattle Award for the best corporate paper published in the Journal of Finance, the Fama-DFA Prize for the best asset pricing paper published in the Journal of Financial Economics, and the Trefftzs Award by the Western Finance Association. His research has also been featured in a variety of media, including the New York Times, the Wall Street Journal and Harvard Business Review.

His most recent research has examined many aspects of the venture capital industry. In the largest ever survey of VCs to date, he and his co-authors analyze all the aspects of decision-making by venture capitalists. He and his co-author developed a valuation framework of private VC-backed companies. In applying this framework to the valuation of highly valued VC-backed companies (called “unicorns”), hey found that these companies on average are overvalued by 50% and that many of the so-called unicorns lose their unicorn status once their fair value is taken into consideration. He has also recently researched the decision making and organizational structure of corporate VC units.

Professor Strebulaev teaches the MBA, MSx, PhD, and executive education programs, and has been awarded the Stanford MBA Distinguished Teaching Award, the Sloan Teaching Excellence Award, as well as the inaugural Masters in Management Best Teacher Award at the London Business School. He developed an MBA-level course on Angel and Venture Capital that he has been teaching for more than ten years. The course enables the students to study many aspects of innovation financing at various stages, including decision making, attracting venture and angel investments, negotiating contractual terms, valuing VC-backed companies, and analyzing the performance of venture capital funds. Recently, he also developed a course on the private equity industry that covers all aspects of the organization and design of PE firms and funds, as well as the relationship between general partners of these funds and their investors, limited partners.

Professor Strebulaev has also led many workshops and executive sessions on new innovation trends, venture capital, the ecosystem of Silicon Valley, corporate innovation, and strategic decision making for senior business and government leaders around the world. He also has been consulting companies and investors around the world on valuation of VC-backed companies, selection of VC investments and managers, and portfolio allocation. He also serves as an expert witness in litigation matters.

When not teaching or doing research, Ilya enjoys spending time with his family, reading, traveling, listening to classical music, and appreciating fine wine and art.

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Pacific Time: Wednesday, May 22, 2024 | 4:30 PM – 7:30 PM

Japan Time: Thursday, May 23, 2024 | 8:30 AM – 11:30 AM

India Time: Thursday, May 23, 2024 | 5:00 AM – 8:00 AM

In-person location:
Paul G. Allen Building
Allen 101X Auditorium (aka Cypress Semiconductor)
330 Jane Stanford Way
Stanford, CA 94305
Google Map

Please enter building from Jane Stanford Way. The auditorium is left of the main entrance.

Parking:

Via Ortega Garage, 498 Via Ortega Dr., Stanford, CA 94305 Google Map

Roble Field Garage, Via Ortega and Panama Mall, Stanford, CA 94305 Google Map

A, C or metered spots are free after 4:00 PM (except for around The Oval)

Visit to see some of our other upcoming programs!

Host or Publisher US-Asia Technology Management Center