Entrepreneurial Thought Leaders (ETL)

It’s understandable that, amid a flurry of pitch meetings and rejections, founders might find themselves mystified about what venture capital investors want. However, according to Bessemer Venture Partners operating partner Jeff Epstein, it’s actually very simple: They want to see a business that has the potential to grow exponentially, some evidence of traction, and a concrete plan for further de-risking the enterprise. As you de-risk the enterprise, he explains, you create opportunities for larger fundraising rounds.

Reshma Saujani is the founder of Girls Who Code and the Marshall Plan for Moms, and is the author of the forthcoming book Pay Up: The Future of Women and Work (and Why It's Different Than You Think). She has spent more than a decade building movements to fight for women and girls’ economic empowerment, working to close the gender gap in the tech sector, and most recently advocating for policies to support moms impacted by the COVID-19 pandemic. In this conversation with Stanford adjunct lecturer Ravi Belani, Saujani discusses the root causes of the gender gap in tech and explores what companies and individuals still need to do to make the field more fair and equitable.

James Reinhart is the co-founder and CEO of thredUP, one of the world's largest online resale platforms. thredUP designed a digital resale experience that aims to take the work and risk out of thrift in an effort to make used clothes the new normal and create a more sustainable future for fashion. Prior to thredUP, he helped develop one of the nation’s premier public schools, Pacific Collegiate School. In this conversation with Stanford adjunct lecturer Ravi Belani, Reinhart discusses how thredUp arrived at its business model, and explores the challenges, pivots, and insights that emerged during thredUP’s decade-long journey to becoming a publicly traded company.

As the Chief Marketing Officer for companies that have included Twilio, Jive, Genpact, Nuance, and Genesys Telecommunications Laboratories, Lynda Kate Smith has owned go-to-market strategy and full marketing responsibilities across a diverse set of industries, particularly in the area of tech products and services. She is currently a consultant/fractional CMO for mParticle and Misty Robotics, and also teaches Global Entrepreneurial Marketing in Stanford University’s School of Engineering. In this conversation with Stanford adjunct lecturer Ravi Belani, Smith walks listeners through the fundamental lessons of her Stanford class, using real-world examples to illustrate the importance of marketing in technology entrepreneurship.   

Justin Kan is an entrepreneur and investor best known as the co-founder of Twitch. In 2006, Kan launched the live video service Justin.tv, a company that started when he strapped a camera to his head and streamed his life to the internet 24/7. Over the next 8 years, he and his co-founders turned the business into Twitch, which ultimately sold to Amazon in 2014 for $970 million. Kan has also founded half a dozen other companies, raising more than $500 million in venture capital, and invested in numerous startups, including Reddit, Cruise Automation, Bird, and Rippling. In this conversation with Stanford adjunct lecturer Ravi Belani, Kan discusses the highs and lows of his life in startups, and explores what both success and failure have taught him about building entrepreneurial resilience and finding satisfaction.

In a recent paper, Stanford professor Chuck Eesley and Notre Dame professor Yong Suk Lee observed that formal entrepreneurship education helped Stanford alumni founders raise more funding and scale more quickly than peers who received no formal entrepreneurship training. But entrepreneurship education didn’t lead to a higher rate of startup creation itself. What should that finding mean for entrepreneurship educators? In this episodes, Eesley poses that question to three thought leaders devoted to training future innovators: Jon Fjeld of Duke’s Innovation and Entrepreneurship Initiative, Hadiyah Mujhid of HBCUvc, and Elizabeth Brake of Venture for America. The conversations explore the many ways that entrepreneurship education can impact students and aspiring innovators — even if they never found a company themselves.

Ashley Flucas is the founder and general partner of Flucas Ventures. Based in West Palm Beach, Florida, the syndicate of around 2,000 angel investors has invested in more than 200 startups. Flucas, a graduate of Duke University and Harvard Law School, also serves as a partner at Jupiter, a Florida-based real estate finance fund with $3 billion in assets under management. In this conversation with Stanford associate professor Chuck Eesley, she explores how syndicates, platforms and digital networks are reshaping angel investing.

Jon Zieger is a co-founder and the executive director of Responsible Innovation Labs, a nonprofit working to create tools and standards to help innovative companies scale responsibly. He was previously the general counsel of Stripe, where he built and oversaw the company’s legal, compliance, public policy, and corporate security functions and helped Stripe scale from a small startup to one of the largest fintech companies in the world. In this conversation with Stanford professor Riitta Katila, Zieger explains why Responsible Innovation Labs is developing frameworks for responsible technology innovation and explores what a principled 21st century technology ecosystem might look like.

Tom Eisenmann is the Howard H. Stevenson Professor of Business Administration at the Harvard Business School; Peter O. Crisp Chair of Harvard Innovation Labs; and faculty co-chair of the HBS Rock Center for Entrepreneurship, the Harvard MS/MBA Program, and the Harvard College Technology Innovation Fellows Program. In this conversation with Stanford professor Tom Byers, he shares insights from his book “Why Startups Fail: A New Roadmap for Entrepreneurial Success” (Currency, March 2021), which analyzes common patterns that sink both early- and late-stage startups, and also proposes a road map for deciding when to pull the plug and how to fail better.

Nicole Diaz, Global Head of Integrity & Compliance Legal for Snap Inc., discusses the importance of ethics in high-tech companies and explores different frameworks for ethical decision making. She emphasizes the need to embed ethics into business culture, addresses the connection between diversity and ethics, and explores the ethical considerations in developing augmented reality technology. The chapter also explores the impact of big tech on entrepreneurship and technology, emphasizing the importance of responsible innovation and diversity in business.