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STRAMGT 366: Startup Garage: Testing and Launch

(Same as BIOE 377) In this intensive, project-based course, teams continue to develop their ventures based on a prototype, business model, and value proposition that they validated in advance of the course. They build out more elaborate versions of their prototypes and Business Model Canvas, run experiments on de-risking the venture, and test hypotheses about the product, business model, value proposition, customer acquisition, revenue generation, etc. Students develop entrepreneurial skills as they 1) get feedback from users, investors, and advisors, 2) work through their operating plans and unit economics, 3) test go-to-market strategies, 4) make decisions about pivoting, 5) consider equity splits, 6) learn term sheet negotiations, and 7) practice pitching. At the end, teams deliver a fundraising pitch to a panel of investors. PREREQUISITE: STRAMGT 356 / BIOE 376 or team application. Details and application: http://startupgarage.stanford.edu/details.
Terms: Win | Units: 4
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