Mark Stevens (venture capitalist)
Mark Stevens | |
---|---|
Born | 1959 or 1960 (age 64–65)[1] |
Nationality | American |
Alma mater | University of Southern California Harvard Business School |
Occupation | venture capitalist |
Known for | Partner, Sequoia Capital |
Spouse | Mary Stevens |
Children | 3 |
Mark Stevens (born 1959/1960) is an American billionaire venture capitalist at Sequoia Capital in Menlo Park, California.
Education and career
Stevens earned bachelor's and master's degrees from the University of Southern California, and an MBA from Harvard Business School. During his time at USC, Stevens was a member of the Phi Kappa Psi fraternity.[citation needed]
Career
Stevens joined Intel in 1982, then a mid-sized company about to capitalize on the PC boom.[citation needed]
In 1989, Stevens became a partner at Sequoia Capital and began to concentrate 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.[citation needed]
Stevens was previously one of the five voting partners at Sequoia Capital who were jointly responsible for some of the high-tech industry's most successful investments: Google, Yahoo!, NVIDIA, YouTube, and others. He is affiliated with S-Cubed capital.[2]
Philanthropy
In 2004, Stevens and his wife Mary donated $22 million to the University of Southern California and to help found the USC Stevens Institute for Technology Commercialization to advance engineering within the USC Viterbi School of Engineering. It was later renamed USC Stevens Center for Innovation, having expanded its scope to include other disciplines.[citation needed]
In 2015, Stevens and his wife donated $50 million to endow and name the USC Mark and Mary Stevens Neuroimaging and Informatics Institute.[3]
Stevens is a member of the USC Viterbi School of Engineering Board of Councilors[4] and, since 2001, the USC Board of Trustees.[5]
Controversy
Stevens, a minority owner of the Golden State Warriors, was ejected from Oracle Arena during Game 3 of the 2019 NBA Finals, after verbally assaulting and initiating a physical altercation with Kyle Lowry of the Toronto Raptors.[6][7][8][9][10] Stevens was banned from attending subsequent games by the Warriors for the remainder of the season following the in and banned indefinitely by the NBA from attending any NBA games while the investigation into his actions is underway.[11][12]
References
- ^ a b "Forbes profile: Mark Stevens". forbes. Retrieved 26 April 2019.
- ^ "S:Cubed Capital |". Scubedcap.com. Retrieved 2015-10-15.
- ^ "$50 million gift names the USC Mark and Mary Stevens Neuroimaging and Informatics Institute | USC News". News.usc.edu. Retrieved 2015-10-15.
- ^ "Leadership". USC Viterbi | School of Engineering. Retrieved 2019-05-23.
- ^ "Trustees | Board of Trustees | USC". boardoftrustees.usc.edu. Retrieved 2019-05-23.
- ^ Feiner, Lauren (2019-06-06). "Tech investor and part Warriors owner Mark Stevens was the person who shoved Raptors' Kyle Lowry". CNBC. Retrieved 2019-06-06.
- ^ Rapp, Timothy. "LeBron James Calls out Warriors Part-Owner Mark Stevens for Kyle Lowry Push". Bleacher Report. Retrieved 2019-06-06.
- ^ Wagner, Laura. "The Old Knob Who Shoved Kyle Lowry Is Warriors Minority Owner Mark Stevens [Update]". Deadspin. Retrieved 2019-06-06.
- ^ "VC and Warriors' minority owner Mark Stevens banned from NBA Finals after shoving Kyle Lowry". TechCrunch. Retrieved 2019-06-06.
- ^ Stein, Marc (2019-06-06). "Warriors Minority Owner Barred for Shoving Toronto's Kyle Lowry". The New York Times. ISSN 0362-4331. Retrieved 2019-06-06.
- ^ "Warriors ban minority owner from NBA Finals after he shoved Raptors' Kyle Lowry". Washington Post. Retrieved 2019-06-06.
- ^ Kurt Helin, "Warriors part-owner Mark Stevens banned from NBA games during investigation." NBC Sports, [1], June 6, 2019