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BUS 219 — Startup Escape Velocity: From Early Idea to Mainstream Success

Quarter: Winter
Instructor(s): Bret Waters
Duration: 8 weeks
Location: On-campus
Date(s): Jan 21—Mar 11
Class Recording Available: No
Class Meeting Day: Tuesdays
 
Class Meeting Time: 7:00—8:50 pm (PT)
Tuition: $610
   
Refund Deadline: Jan 23
 
Unit(s): 1
   
Status: Open
 
Quarter: Winter
Day: Tuesdays
Duration: 8 weeks
Time: 7:00—8:50 pm (PT)
Date(s): Jan 21—Mar 11
Unit(s): 1
Location: On-campus
 
Tuition: $610
 
Refund Deadline: Jan 23
 
Instructor(s): Bret Waters
 
Recording Available: No
 
Status: Open
 
Borrowing from physics to make an analogy, “escape velocity” is the momentum required for a budding idea to reach mainstream success. It entails crossing the chasm between attracting a niche customer base and having a rapidly expanding business, which requires keen insight, adaptability, and a robust strategy. This case-study-driven course does a deep dive into the chronicles of startups that have faced these challenges head-on and successfully navigated their growth trajectories. Zoom, Venmo, and Zapier are all examples of startups that went from a small group of initial customers to millions of mainstream customers with remarkable capital efficiency. We’ll look at the tactics these companies, and others like them, have used to attain mass market success and the lessons entrepreneurs can learn from these achievements. Through in-depth analysis, students will learn the strategies and patterns that facilitate such transitions. Beyond the rich content derived from these case studies, students will have the unique opportunity to interact with and learn directly from those at the heart of these success stories. Classes will feature guest appearances by startup founders and seasoned venture capitalists, providing firsthand narratives and insights. Students will learn the essential elements constituting startup growth victories. While the primary focus will remain on entrepreneurial ventures, this course's core principles and teachings will resonate deeply with nonprofits, NGOs, and social ventures, making the knowledge imparted universally applicable.

This course is geared toward those who have taken BUS 217: "Accelerate Your Startup Idea" or a comparable course.

BRET WATERS
Entrepreneur and Silicon Valley Investor

Bret Waters has founded three venture-funded startup companies, built teams, and run the companies through successful exits. He is a former member of Stanford’s Graduate School of Education Advisory Council. He works with social entrepreneurs from around the world at the Miller Center for Social Entrepreneurship and is the author of a new book, The Launch Path: Getting from a Startup Idea to a Launch-Ready Venture. Waters received an MBA from the Kellogg School of Management at Northwestern.

Textbooks for this course:

(Recommended) Bruce Cleveland, Traversing the Traction Gap (ISBN 978-1635766240)
(Recommended) Geoffrey A. Moore , Crossing the Chasm, 3rd Edition: Marketing and Selling Disruptive Products to Mainstream Customers, 3rd Edition (ISBN 978-0062292988)
(Recommended) Bret Waters , The Launch Path (ISBN 979-8989090402)