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Welcome! Mayfield Fellows Program E140B’s Opening Session June 21, 2006. Agenda. Introductions MFP Overview Mentoring “Open Houses” More MFP Summer Highlights Q&A. Tom Byers, tbyers@stanford.edu Tina Seelig, tseelig@stanford.edu Andrew Nelson, andrew.nelson@stanford.edu
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Welcome!Mayfield Fellows Program E140B’s Opening SessionJune 21, 2006
Agenda • Introductions • MFP Overview • Mentoring • “Open Houses” • More MFP Summer Highlights • Q&A
Tom Byers, tbyers@stanford.edu Tina Seelig, tseelig@stanford.edu Andrew Nelson, andrew.nelson@stanford.edu Lindsay Quadara, quadara@stanford.edu MFP Team at Stanford
Melanie Kannokada Adam Aneto Tania Major: Mechanical EngineeringOffer accepted at PodTech Major: Management Sci. & Eng.Offer accepted at Ooma Major: Management Sci. & Eng.Offer accepted at Presto Major: Sci., Tech. & Society/Bio.Offer accepted at OptiMedica Sandy Major: Electrical EngineeringOffer accepted at Ooma Julie Major: Computer ScienceOffer accepted at Facebook 2006 Mayfield Fellows & Employers
Vivek James Min Li Tristan Russ Justin Hendrickson Major: MathematicsOffer accepted at Plaxo Major: Economics/Mechanical Eng.Offer accepted at Ion America Major: Electrical EngineeringOffer accepted at PodTech Major: Computer ScienceOffer accepted at Wikia Major: Computer EngineeringOffer accepted at Meru Networks Major: Mechanical EngineeringOffer accepted at OptiMedica 2006 Mayfield Fellows & Employers
What is STVP’s Mission? “We believe engineers and scientists need entrepreneurial skills to be successful at all levels within their organizations. Our center is dedicated to accelerating high-technology entrepreneurship education and creating scholarly research on technology-based firms. We prepare students for leadership positions in industry, universities, and society, and we disseminate our research and teaching knowledge throughout the world. The center is hosted within the School of Engineering.”
Skill Development for Future Technology Leaders • Decision-making in real-time • Comfort with uncertainty and change • Appreciation for teamwork and culture • Creativity and innovation • Persuasion and negotiation • Oral and written communication • Tools for building an organization • Basics of finance, marketing, strategy
Mayfield Fellows Program’s Flow WINTERSelect outstanding engineering seniors and co-terms to be Mayfield Fellows I. SPRINGStudents learn structure and methods of start-ups; Students matched with paid assignments at high tech start-up companies 3 Courses + Paid Summer Internship III. AUTUMNStudents bring back experiences and learn from them as a group II. SUMMERLeverage the power of real- world, hands-on experience
Formal Mentors • VC Mentors provide access • Alumni Mentors provide perspective • Company Mentors provide the big picture Informal Mentors • MFP Teaching Team provides preparation • Colleagues at the employers provide guidance • Other Mayfield Fellows give access to different experiences
Venture Capitalist Mentors Benefits for Students • • A perspective from someone senior and experienced • outside the company • • Opportunity to learn more about how the investment community values different products and markets • • Sounding board for questions, comments, and ideas Benefits for Mentor • Access to incredibly bright students with new ideas • Chance to mentor a rising star
MFP Alumni Mentors Benefits for Students • • Opportunity to talk to someone who has been through • the same program • • Get ideas about how to best use this incredible opportunity • • Chance to discuss any issues with a peer outside the company Benefits for Mentor • Continued involvement with the Mayfield Fellows Program • Experience mentoring someone
Company (Employer) Mentors Benefits for Students • • Opportunity to get an inside look at the company • from a senior manager’s perspective • • Access to key decisions and issues • • Get a bigger picture view of the company and the industry • • Senior level sounding board for questions, comments, and ideas Benefits for Mentor • • Access to incredibly bright students with new ideas and chance to mentor a rising star • Opportunity to create a buzz on campus • • A view of what is happening from an entry level
To introduce the rest of the class and teaching team to the company, its people, and the summer internship To provide context for the major presentation in E140C during the autumn To foster informal interaction between students and company management Open Houses: Objectives
Open Houses: Logistics • Each session should last about one hour in evening, be informal, and involve as many employees as is appropriate • Scheduling is at discretion of students within their “assigned” months of July and August (max of two per week) • Social events either before or after are encouraged
E140B Opening Session - Tonight Company Mentoring Open House Sessions Annual Mayfield Fellows Alumni Event Thursday, July 20 in Evening Blue Chalk Cafe Weekly Journaling Exercises via Private Google Group Two More Components of Summer
Stanford Technology Ventures Program (STVP) http://stvp.stanford.edu Mayfield Fellows Program (MFP) http://mfp.stanford.edu Important Web Sites
To All the Employers of 2006 Mayfield Fellows To KPCB for Hosting Tonight Special Thanks!