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Kathy Eisenhardt, co-director of Stanford Technology Ventures Program and professor in Management Science and Engineering, shares results from her research regarding successful ventures, addressing fundamental issues such as team building, market creation and financing.
Last week, we hosted Ice House Facilitator Training here at the Foundation. We had people come from across the country and the international community to be trained in how to facilitate an entrepreneurial mindset to members of their community. I had the chance to sit down with one of the facilitators, Rob Elwood, and learn about his reason for coming to this training, and how he sees it benefiting his community in Annapolis, Md.
Kauffman Labs is not your typical classroom, but then again, Nancie and I are not your typical instructors. In fact we do little in the way of instruction in the Ice House Entrepreneurship Program (IHEP) and focus more of our energy towards facilitation. Students are encouraged to explore, experiment, solve problems and learn from one another. It's not what they're used to, but I think they liked it. It gave them the opportunity to expand their idea of education beyond the confines of absorption and regurgitation. It's about learning from the experiences they have with each other.
In this installment of my Ice House series, I sat down with Ice House alum Chris Vallee to learn first hand what he got out of the entrepreneurship program. Vallee, an intern at the Kauffman Foundation, attended the program two years ago at Johnson County Community College. Signing up for the class by chance, he quickly found a new perspective on the decisions he had been making in his life, and a renewed, invigorating urge to chase the life goals he had let fall by the wayside.
Timothy C. Draper is the Founder and a Managing Director of Draper Fisher Jurvetson. He was instrumental in bringing viral marketing to web-based e-mail to geometrically spread the successes of Hotmail and YahooMail, and
the practice has been adopted as a standard marketing technique by countless businesses and organizations. Draper launched the DFJ Global Network, an international network of early-stage venture capital funds with offices in over 30 cities
around the globe. He also serves on the boards of Skype, SocialText, Project Y, MailFrontier and Chroma Graphics. He was an original investor in Parametric Technology (PMTC), Tumbleweed Communications (TMWD), Overture.com (OVER),
Digidesign (AVID), Preview Travel (TVLY), Four11 (YHOO), Combinet (CSCO), and Redgate (AOL). He also founded or co-founded Wasatch Ventures (Salt Lake City), Zone Ventures (LA), Draper Atlantic (Reston), Draper Triangle (Pittsburg),
Timberline Ventures (Portland), Polaris Fund (Anchorage), Draper Fisher Jurvetson Gotham (NYC) and DFJ Frontier (Sacramento and Santa Barbara). Draper has been recognized as a leader in entrepreneurship and venture capital through numerous
awards and honors, and he has frequent TV, radio, and headline appearances. He was number seven on Forbes? Midas List and number 52 on the list of the most influential Harvard Alumni. He was also named AlwaysOn Magazine?s number one top
venture capital dealmaker for 2008. Tim is the course creator and Chairman of BizWorld, a 501c3 organization built around simulated teaching of entrepreneurship and business to children. He holds a BS in Electrical Engineering from
Stanford University, and an MBA from Harvard Business School.
Dr. Diamandis is the Chairman and CEO of the X PRIZE Foundation, which awarded the $10,000,000 Ansari X PRIZE for private spaceflight. Diamandis is focused on building the X PRIZE Foundation into a world-class prize
institute. The X PRIZE is now developing X PRIZEs in Genomics, Automotive, Education, Medicine, Energy, and Social fields. He is also an international leader in the commercial space arena, having founded and run many of the sector's
leading entrepreneurial companies. Diamandis serves as the CEO of Zero Gravity Corporation, a commercial space company developing private, FAA-certified parabolic flights utilizing Boeing 727-200 aircraft. In addition, he is the chairman
and co-founder of the Rocket Racing League. Diamandis is a co-founder and director of Space Adventures, the company that brokered the launches of four private citizens to the International Space Station. In 1987, Diamandis co-founded the
International Space University (ISU), where he served as the University's first managing director. Today he is a trustee of the $30M ISU, based in Strasbourg, France. Prior to ISU, Diamandis was chairman of Students for the Exploration and
Development of Space (SEDS), an organization he founded while earning his undergraduate degree in molecular genetics and graduate degree in aerospace engineering at MIT in 1980. SEDS is the world's largest student pro-space organization.
After MIT he attended Harvard Medical School, where he received his M.D. In 2005 he has was also awarded an honorary Doctorate from the International Space University. Diamandis is the winner of the 2007 Arthur C. Clarke Award for
Innovation, the 2006 (inaugural) Heinlein Award, the 2006 Lindbergh Award, the 2006 Wired RAVE Award, the 2006 Neil Armstrong Award for Aerospace Achievement and Leadership, the Konstantine Tsiolkovsky Award, twice the winner of the
Aviation & Space Technology Laurel, and the 2003 Worl
As the president of Yahoo! Inc., Susan L. Decker is a key participant in determining Yahoo!'s business strategy and vision. She is responsible for all of the global business operations of Yahoo!, including sales, product
marketing, and distribution across the three major customer groups of audience, advertisers, and publishers. Prior to that, from December 2006 - June 2007, she served as the head of one of Yahoo!'s two major business units, the Advertiser
and Publisher Group (APG). In that role, she was instrumental in developing the company's recent reorganization plan and strategy to transform how advertisers connect with their target customers online. Preceding her work with APG, Decker
was Executive Vice President and Chief Financial Officer for seven years, managing all aspects of the company's financial and administrative direction within key functional areas, including finance, facilities, investor relations (and
human resources and legal through December 2006). Decker served on the board of directors of Pixar Animation Studios from June 2004 to May 2006 until its sale to Disney, and currently serves on the board of directors for Berkshire
Hathaway, Intel Corporation, and Costco Wholesale. She holds a Bachelor of Science degree from Tufts University, with a double major in computer science and economics, and an MBA from Harvard Business School.
Christine has been President of Humane Society Silicon Valley for the past 13 years. During her tenure, Christine has led a progressive spay/neuter program that has dramatically reduced the number of incoming animals to
the shelter from 45,000 in 1993 to approximately 9,000 in 2006. Under her leadership, the shelter instituted a spay/neuter at adoption policy, pediatric spay/neuter, an affordable spay/neuter vaccination clinic, and encouraged local
municipalities to offer discounted spay/neuter voucher programs. Christine has also instituted policies that have substantially increased the number of animals adopted. Today, 99 percent of the animals available for adoption find new
homes; ten years ago, less than 15 percent found new homes. Under Christine's management, the Humane Society's volunteer base increased from 50 to more than 700, and the shelter's donor base increased from 300 to 30,000 donors. In addition
to her passion for animals, Christine has a strong business background, having spent four years as an auditor with Arthur Andersen & Co. and 15 years with Hewlett Packard Corporation. At HP, Christine held several managerial positions
both domestically and in Europe. Christine is a Certified Public Accountant and holds an M.B.A. degree from Stanford University. She serves as a board member of the State Humane Association of California and is a volunteer consultant to
various nonprofit boards. In 1989, Business Month magazine named Christine to its list of "100 Women to Watch in Corporate America." Christine owns four dogs, all of which were adopted from Humane Society Silicon
At the Kauffman Foundation, we recently announced a grant to a group that is trying to map and track where startups are around the world. The project--Startup Genome--is working "to build the most complete and accurate database of the world's startup communities, present it in useful, beautiful ways and provide tools and reports that community builders can use to gain insight into what's happening in their community. And make better decisions about how to grow it."
Brett Crosby is the Group Product Marketing Manager of Google Analytics. He has been shaping the Web Analytics industry for ten years as the co-founder of Urchin Software Corporation and more recently as a senior product
leader at Google. He is currently responsible for product positioning, feature roadmap development and all external product communications. Brett holds a degree from USC in Political Science and International Relations.
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