Steven Neil Kaplan
Steven Neil Kaplan conducts research on issues in private equity, venture capital, entrepreneurial finance, corporate governance and corporate finance. He has published papers in a number of academic and business journals. He has testified to the U.S. Senate Finance Committee and the U.S. House Financial Services Committee about his research. Kaplan is a research associate at the National Bureau of Economic Research and an associate editor of the Journal of Financial Economics.
Kaplan teaches advanced MBA and executive courses in entrepreneurial finance and private equity, corporate finance, corporate governance, and wealth management. BusinessWeek named him one of the top 12 business school teachers in the country.
Professor Kaplan co-founded the entrepreneurship program at Booth. With his students, he helped start Booth’s business plan competition, the New Venture Challenge (NVC), which has spawned over one hundred companies that have raised over $400 million and created over $3 billion in value. Kaplan serves on the boards of Columbia Acorn Funds, Morningstar and the Illinois Venture Capital Association. He has been a member of the faculty since 1988.
He received his AB, summa cum laude, in Applied Mathematics and Economics from Harvard College and earned a PhD in Business Economics from Harvard University.
How to Identify Tomorrow's Successful Startups? Methodology and Empirical Evidence
Professor Kaplan will talk about the framework he uses to evaluate start-ups and his related research on venture capital. He will also talk about how he has used the framework and research to encourage start-ups at the University of Chicago where he started the New Venture Challenge (NVC) which has spawned over one hundred companies and created over $4 billion in market value from companies including GrubHub (market cap $3 billion) and Braintree / Venmo (sold to eBay for $800 million). In 2015 and 2016, the NVC was rated the top university accelerator program in the U.S.