Entrepreneurial Thought Leader Lecture

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The Bumpy Path of a Start-Up - Jennifer Scott Fonstad, Steve Perricone (BioFuelBox)
Date: 4/29/2009
Length: 2 minutes
Speaker(s): Jennifer Scott Fonstad , Steve Perricone
Sources: Stanford Technology Ventures Program
Description: Don't even attempt to launch a company unless you passionately believe in its mission and objective, says BioFuelBox Co-founder Steve Perricone. DFJ Managing Director Jennifer Scott Fonstad also tells graduates to take risk and
not to be afraid to make mistakes. Both strongly suggest that those entering entrepreneurship enjoy the ride.

Other Videos in Series

An Argument in Favor of Venture Capital - Steve Perricone (BioFuelBox)
Steve Perricone
4/29/2009
Summary: How does a young company decide to go out for venture capital rather than bootstrap themselves? For Steve Perricone, Co-founder of BioFuelBox, it all comes down to speed to market. And, he says, in Silicon Valley, speed is a key
motivator to seeking outside funding. He also points out the other values of VC beyond cash, including wisdom and relationships within the industry, assistance in building a strong board, and, most importantly, the credibility that the right
partner can lend. Watch More
Case Study: Innovation in Waste Refuse and Local Green Energy Production - Steve Perricone, Jennifer Scott Fonstad (BioFuelBox)
Jennifer Scott Fonstad Steve Perricone
4/29/2009
Summary: Steve Perricone, Co-founder of BioFuelBox, explains how his alternative fuel company solves multiple problems in waste refuse, energy production and distribution, across multiple platforms. By converting industrial food waste into
biodiesel in remote areas, the company is reducing refuse by repurposing free raw materials into fuel, and reducing the resources necessary to ship fuel to remote and isolated areas. In this clip, Perricone's investor, Jennifer Scott Fonstad,
Managing Director of Draper Fisher Jurvetson, also explains interest in the idea from a VC perspective and their belief in its global potential. Perricone also explains the BioFuelBox business model, which simply sells the recovered fuel back
to the production plant, and gives them financial incentive as part of the revenue-share. Watch More
Government Stimulus for the Clean Energy Sector - Jennifer Scott Fonstad, Steve Perricone (BioFuelBox)
Steve Perricone Jennifer Scott Fonstad
4/29/2009
Summary: At the time of this lecture, state and federal stimulus dollars for clean energy had been promised, but specific terms for who would receive those dollars had yet to be defined. Steve Perricone, Co-founder of BioFuelBox, talks
about his fruitless trip to Washington, DC and the decisions being made surrounding the funding of clean energy. And, Jennifer Scott Fonstad, Managing Director of venture capital firm DFJ, discusses the necessity of companies like BioFuelBox
to establish a consortium of both industrial food waste producers and those on the energy side. Her hope is that a collective effort will prove that a network of new technologies in energy could provide numerous jobs and other revenue
opportunities. Watch More
The Bumpy Path of a Start-Up - Jennifer Scott Fonstad, Steve Perricone (BioFuelBox)
Jennifer Scott Fonstad Steve Perricone
4/29/2009
Summary: Don't even attempt to launch a company unless you passionately believe in its mission and objective, says BioFuelBox Co-founder Steve Perricone. DFJ Managing Director Jennifer Scott Fonstad also tells graduates to take risk and
not to be afraid to make mistakes. Both strongly suggest that those entering entrepreneurship enjoy the ride. Watch More

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