Stevens obtained a Bachelor of Science and master’s degree from the University of Southern California and an MBA from Harvard University. Stevens joined Intel Corporation in 1982, then a mid-sized company about to capitalize on the PC boom.
In 1989, Stevens became a partner at Sequoia Capital and began to concentrate his talents 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 in the ranking.
In 2004, Mark Stevens and his wife Mary donated 22 million dollars to USC and to help found the USC Stevens Institute for Innovation (USC Stevens). The USC Stevens Institute for Innovation is a university-wide resource in the Office of the Provost designed to harness and advance the creative thinking and breakthrough research from USC for maximum societal impact.
The University of Southern California is pioneering a new, strategic approach to innovation through the USC Stevens Institute for Innovation. As the first institute of its kind, USC Stevens empowers USC innovators university-wide to make broader impact with their ideas.
The USC Stevens team of 30 focuses on developing the next generation innovator, preparing USC faculty and students for a lifetime of innovation. USC Stevens supports innovators in all disciplines, from USC’s College and 17 professional schools.
While many universities have increasingly focused resources on tech transfer and commercialization activities, USC Stevens is redesigning the way ideas are advanced at a major research university. To cultivate USC’s researchers and students as innovators who will make a lasting impact, USC Stevens integrates its intellectual property management and licensing functions with educational programs, community-building, and events designed to stimulate innovation across the university.
Stevens is a member of the USC Viterbi School of Engineering Board of Councilors and the USC Board of Trustees.