MIT Logo Nuts and Bolts of New Ventures MIT Course 15.393
Nuts and Bolts of New Ventures - 2019
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Session 1 - Tuesday 1/22/19
Session 2 - Wed 1/23/19
Session 3 - Thurs 1/24/19
Session 4 - Tues 1/29/19
Session 5 - Wed 1/30/19
Session 6 - Thurs 1/31/19
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The course has been organized and coordinated by Joe Hadzima, and Joost Paul Bonsen with support from Yonald Chery.   The Teaching Assistants for IAP January 2019: To Be Announced.

Senior Lecturer
Telephone: 617-497-4000 x509
Joseph Hadzima Joe Hadzima is a Managing Director of Main Street Partners LLC, a venture development and technology commercialization firm, and is President of IPVision, Inc., a Main Street portfolio company which provides intellectual property systems and services.  He was a Director of the Global MIT Enterprise Forum, with 24 chapters worldwide, from 1984 to 2009 and was Global Chairman from 2004 to 2008.  He is also a past Director of the New England chapter of the National Association of Corporate Directors.

He was a founding judge of the MIT $10K (now $100K) Entrepreneurship Competition.  He has been a Senior Lecturer at the MIT Sloan School of Management since 1984 where he teaches the " Nuts and Bolts of Business Plans", a popular IAP course.  He also co-developed The Manager’s Legal Function course in which he has been lecturing since 1984.  He is a frequent speaker for the MIT Enterprise Forum's Satellite Broadcast Series (SBS) where he has spoken about company valuation and structuring venture capital deals.   Reprints from Hadzima's popular Boston Business Journal column, "Starting Up," are available.

Joe received a B.Sc. from MIT in 1973, a S.M. in Management from the MIT Sloan School of Management in 1977 and a Juris Doctore law degree cum laude from Harvard Law School in 1979.  He has been involved with over 120 new ventures over the last 30 years as a venture capitalist, entrepreneur, lawyer and board member.  As a practicing lawyer for 17 years he was Partner, Founder and Director of the Sullivan & Worcester LLP High Tech/New Ventures Group.

Lecturer - Media Arts & Sciences

Email: Website:
Joost Bonsen

Joost Bonsen is an innovation ecologist studying exponential technologies and new venture dynamics across multiple scales. He serves as Lecturer in Media Arts & Sciences at MIT, teaching the Media Ventures, Development Ventures, and Revolutionary Ventures classes as well as the Understanding MIT, Future Explorations, and Nuts & Bolts of New Ventures seminars.

A former lead organizer of MIT's $100K Entrepreneurship Competition, Joost helped grow the Competition by an order of magnitude, create the Emerging Markets / Development Track, and continues to serve on the Board. He has previously served as Board member of the MIT Enterprise Forum (both Cambridge & Global), the MIT Global Startup Workshop, and the MIT Muddy Charles Pub. In the mid-1990s Joost created and ran the MIT Founders Study, the first global census to quantify the economic impact of MIT-related entrepreneurs, findings later published by BankBoston as MIT: The Impact of Innovation.

Joost is co-creator of Howtoons, producer of educational cartoons which show kids everywhere "How To" build things using everyday materials and tools. For over a decade he hosted a weekly television show called Maximizing Progress (previously High Tech Fever) creating some 500 unique interviews with inventors, entrepreneurs, venture capitalists, professional service providers, and more, and has run dozens of entrepreneurial networking VentureNights at the MIT Muddy Charles Pub since the mid-1990s, as noted in The Venture Café book and The Economist.

Joost earned his Bachelor's in Bio-Electrical Engineering at MIT as well as the Sloan Fellows (then MOT Management of Technology) Master's degree at MIT Sloan and wrote his thesis on The Innovation Institute: From Creative Inquiry Through Real-World Impact at MIT.


The Teaching Assistant for 2019 is To Be Announced.

The Teaching Assistants for 2018 were: Jake Guglin and Sloane Phillips

Jake Guglin

Jake Guglin is a 2019 MBA Candidate at MIT Sloan and co-Managing Director of the MIT $100K Competition. Before Sloan, Jake was a reformed commodities trader-turned-startup enthusiast. Most recently he worked with Fortune 1000 companies to implement startup technology, and as a Venture Partner at Outbound Ventures in NYC. LinkedIn Page

Sloane Phillips

Sloane Phillips is a 2019 MBA Candidate at the MIT Sloan School of Management and co-Managing Director of the MIT $100K Competition. She has a B.S. in Public Health. Prior to attending MIT, she worked at Planned Parenthood and was a Community Health Extension Volunteer in the Peace Corps. Passionate about extending access to care, she is a member of two student led healthcare startups based out of MIT and Harvard. LinkedIn Page

Serial Entrepreneur
Yonald Chery Mr. Chery has spent over 12 years as a high-tech entrepreneurial executive, mentor, and advisor specializing in identifying and launching early-stage concepts into running companies.

Yonald founded Virtual Ink in 1997 with his graduate school colleagues and served as CTO and as a Director until early 2001. He conceived the flagship product, Mimio, a portable retrofit pen-tracking system that records handwritten notes from a conventional whiteboard to a personal computer. The business was launched while at MIT and won $10,000 in 1997 in the prestigious MIT $50k Entrepreneurship Competition. Virtual Ink was acquired by Newell Rubbermaid (NYSE:NWL).  Download the Virtual Ink Executive Summary.

Mr. Chery currently holds 12 patents in the United States, 4 patents in the United Kingdom, with several more pending in the United States, Europe, and Asia.  See an IPVision Forward Patent Landscape Map of Mr Chery's patents.

Mr. Chery often speaks about technology strategy, team-building, business plan development, and entrepreneurship and has lectured on such topics at MIT's Sloan School of Management.  Mr. Chery holds a B.S. in Electrical Engineering and a M.S. in Electrical Engineering & Computer Science, both from MIT.



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