US-ATMC’s 2024 Annual Meeting includes a keynote from Prof. Ilya A. Strebulaev. 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.  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:

• 4:30 PM Welcome and US-ATMC Strategic Overview from Dr. Richard Dasher, US-ATMC Director
• 4:45 PM Introductions to research by current US-ATMC visiting scholars
• 5:45 PM Break
• 6:00 PM Keynote and Q&A 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, The Venture Mindset
• 6:45 PM Networking Reception

Please register in advance:

• In-person (limited seating!): https://www.eventbrite.com/e/annual-meeting-with-author-of-the-venture-mindset-prof-ilya-a-strebulaev-tickets-879724588927?aff=oddtdtcreator
• Zoom: https://stanford.zoom.us/meeting/register/tJEld-ytqjsiH9PEP4yuUKXioJTDYReA_dv6#/registration

Keynote presenter: 

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.