Siddhesh Joshi (Editor)

Mark Stevens (venture capitalist)

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Nationality
  
American

Role
  
Venture capitalist

Occupation
  
venture capitalist

Spouse
  
Mary Stevens

Children
  
3

Net worth
  
1.8 billion USD (2015)

Name
  
Mark Stevens


Mark Stevens (venture capitalist) iforbesimgcommedialistspeoplemarkstevens41

Residence
  
Atherton, California, US

Alma mater
  
University of Southern California Harvard University

Known for
  
Partner, Sequoia Capital

Education
  
University of Southern California, Harvard University, Harvard Business School

Mark Stevens (born 1959/1960) is a venture capitalist at Sequoia Capital in Menlo Park, California.

Contents

Mark Stevens (venture capitalist) httpsspecialsimagesforbesimgcomimageserve5

Education and career

Stevens obtained a Bachelor of Science and master’s degree from the University of Southern California and an MBA from Harvard University. During his time at USC, Stevens became a member of the Phi Kappa Psi fraternity.

Career

Stevens joined Intel Corporation in 1982, then a mid-sized company about to capitalize on the PC boom.

In 1989, Stevens became a partner at Sequoia Capital and began to concentrate his talents on semiconductor, software, and systems-related investments. Over the years, he became a rising star on Forbes magazine’s Midas List of top 100 venture capitalists, climbing as high as 10th place in the ranking.

Stevens was previously one of the five voting partners at Sequoia Capital and jointly responsible for some of the high-tech industry’s most spectacular investments: Google, Yahoo!, NVIDIA, YouTube, and others. He is currently affiliated with S-Cubed capital.

Philanthropy

In 2004, Mark Stevens and his wife Mary donated 22 million dollars to the University of Southern California and to help found the USC Stevens Center for Innovation (USC Stevens). The USC Stevens Center for Innovation was a university-wide resource in the Office of the Provost designed to harness and advance the creative thinking and breakthrough research from USC for maximum societal impact. The USC Stevens Center had a team of 30 focused on developing the next generation innovator, preparing USC faculty and students for a lifetime of innovation. USC Stevens supports innovators in all disciplines, from USC’s College and 17 professional schools. While many universities have increasingly focused resources on tech transfer and commercialization activities, USC Stevens was attempting to redesign the way ideas are advanced at a major research university. With the founding thought to cultivate USC’s researchers and students as innovators who will make a lasting impact, USC Stevens integrated its intellectual property management and licensing functions with educational programs, community-building, and events designed to stimulate innovation across the university. Unfortunately, subsequent to changes in University leadership in 2013, the scope of business for the Stevens Center was pared back to a bare bones technology transfer office.

In 2015, Mark and his wife donated 50 million dollars to endow and name the USC Mark and Mary Stevens Neuroimaging and Informatics Institute.

Stevens is a member of the USC Viterbi School of Engineering Board of Councilors and the USC Board of Trustees.

References

Mark Stevens (venture capitalist) Wikipedia