Five alumni entrepreneurs from Stanford Graduate School of Business offer key tips for building a great business
Long known as a vibrant environment for aspiring entrepreneurs, Stanford Graduate School of Business (Stanford GSB) immerses its students in the fundamentals of business and innovation — and those fundamentals in turn serve as a springboard for students who decide to pursue their own ventures.
What many of these business founders have in common is a desire to share their practical experiences — inspired by the lessons learned at Stanford — about what it takes to succeed. They are featured in an editorial series called Entrepreneurial Intelligence, in which Stanford GSB alumni share the highs, lows, and key insights they have gleaned along their respective entrepreneurial paths.
Famous venture capital veterans share spotlight in keynote discussion
Venture Atlanta, Georgia’s premiere event connecting technology innovation and investment capital, announced that Dick Kramlich and John Balen, well-known venture capital veterans from Silicon Valley, kick-off this year’s conference at the Georgia Aquarium. Kramlich and Balen will reflect on the industry’s evolution and share their experiences in a joint keynote moderated by Jeffrey Leavitt, partner at DLA Piper, a global law firm and long-time conference sponsor.
“The VC industry is constantly changing,” said Leavitt, who works exclusively with emerging growth companies and technology businesses. “The VC investors who are consistently successful through multiple decades and economic cycles – like John and Dick – are those who can predict change and act on those predictions ahead of the crowd. Over the years, both of these investors have helped shape how entrepreneurs seek, structure and deploy capital. I’m excited for the Atlanta startup and venture community to gain from their perspective, hear their war stories and learn about the best practices they’ve pioneered during their tenures as top VC investors.”
Six Million People in 23 Countries Expected to Benefit from Coca-Cola’s Generosity
The Coca-Cola Foundation, the global philanthropic arm of The Coca-Cola Company, awarded US$8.8 million in grants to 66 community organizations worldwide during the second quarter of 2013.
The latest grants support the Foundation’s focus areas of enhancing personal well-being, building strong communities and protecting the environment. Between April and June, $1.9 million was directed to physical activity and well-being programs; $4.6 million to local priorities that include education, community improvement and other social well-being programs; and $2.3 million to water stewardship, recycling and environmental programs.
“The Coca-Cola Foundation is committed to addressing the needs of the communities in the 200-plus countries where we operate,” said Lisa M. Borders, Chair of The Coca-Cola Foundation and Vice President of Global Community Connections for The Coca-Cola Company. “These organizations are creating the type of change needed to improve people’s lives, build sustainable communities and enhance our environment for future generations.”
When it comes to running a successful business, finding a highly skilled team of employees is crucial. But it isn’t always easy. In a recent survey by Robert Half, six in 10 (60 percent) small business owners said the biggest challenge in hiring or managing staff is finding skilled professionals for the job. About one in five (19 percent) cited maintaining employee morale and productivity as the chief concern.
The survey was developed by Robert Half, the world’s first and largest specialized staffing firm. It was conducted by an independent research firm and is based on interviews with more than 300 small business owners and managers from a stratified random sample of companies with less than 100 employees in the United States.
Entrepreneurial leaders from Indeed, Lending Club, SkinMedica and Workday, Inc. receive EY’s 2013 Venture Capital Award of Excellence
Six entrepreneurial leaders from Indeed, Lending Club, SkinMedica and Workday, Inc. will receive EY’s 2013 Venture Capital Award of Excellence which will be presented, as part of the EY Strategic Growth Forum and National Entrepreneur Of The Year™ Program in Palm Springs, California, on Wednesday, November 13, 2013.
“Clearly, venture capitalists play an outsized role in the American economy. They not only mentor entrepreneurs that are creating the jobs of tomorrow, but they also provide access to valuable networks and offer the wisdom they have gained by investing in numerous enterprises,” said Bryan Pearce, EY Americas Director, Entrepreneur Of The Year™ and a member of the Venture Capital Advisory Group of Ernst & Young LLP. “The Venture Capital Award of Excellence was created to recognize four companies that have truly benefitted from these important relationships.”
Now in its eighth year, the Venture Capital Award of Excellence winners are selected from those EY Entrepreneur Of The Year™ regional winners whose companies have been backed by venture capital funding.
The recipients were selected on the basis of VC funding, equity and revenue growth, EBITDA (earnings before interest, taxes, depreciation and amortization) margins, and the stories of their founding. The winners were selected out of 50 nominees by an independent panel of judges, comprised of four leading venture capitalists from across the country including: Jeff Fagnan – Atlas Venture; Steve Goldberg – Venrock; Richard Heitzmann – First Mark Capital; and Adele Oliva – Quaker Partners.