01 Dec 2013
When Mark Stevens (MBA 1989) first heard about HBX, he immediately recognized its potential for providing a transformational learning experience for participants around the world.
"I understand the impact you can achieve by creating educational opportunities for new audiences, and broadening the number of people who can benefit from the ideas and scholarship developed at the School," says Stevens, who, with his wife, Mary, is a member of the Board of Dean's Advisors and a founding donor to HBX. Their leadership support of HBX comes as Stevens approaches his 25th Reunion, for which he serves as cochair.
Stevens, managing director of S-Cubed Capital and a former managing partner at Sequoia Capital, has invested in Internet companies for nearly two decades, but it was his own encounter with distance learning 30 years ago that led him to appreciate the power of HBX. A few years after graduating from the University of Southern California (USC) with degrees in electrical engineering and economics, Stevens wanted to pursue a master's degree in computer engineering but didn't want to give up his job at Intel Corporation. So after work he went to a local studio in Los Angeles where he took courses, via a closed-circuit TV system, offered by USC. This opportunity to use technology to further his education, long before the advent of online learning, enabled him to earn his master's degree before entering HBS.
"HBX is an exciting next large pillar for HBS, building on the transformational classroom experience," observes Stevens.
"I think the time is right to adapt innovative technologies to extend the School's impact and define a new standard for online management education."
Class of MBA 1989, Section D