Ilya Strebulaev is an expert in venture capital (VC) and private equity, innovation, investment and financial decision-making, and corporate finance. He has particular interest in how young companies are financed, including via VC and special purpose acquisition companies (SPACs).
Professor Strebulaev has been retained numerous times as an expert witness in litigation, including as a valuation and damages expert in contractual, mergers and acquisitions (M&A), tax, and intellectual property (IP) disputes. Professor Strebulaev has testified in depositions, arbitrations, and trials, including in the Delaware Court of Chancery.
In his recent research, Professor Strebulaev has examined the valuation of VC-backed companies, decision-making by startup investors, returns to VC investors, and the impact of VC investments.
Professor Strebulaev has served as an associate editor for Finance Research Letters and Management Science. His work has been widely published in leading academic journals, including the Journal of Finance, the Review of Financial Studies, and the Journal of Financial Economics. Among his many honors, Professor Strebulaev has been awarded the prize for the best corporate finance paper published annually in the Journal of Finance; the Fama-DFA Prize for the best capital markets and asset pricing paper published annually in the Journal of Financial Economics; and the Trefftzs Award by the Western Finance Association.
Professor Strebulaev has been a faculty member at the Stanford Graduate School of Business (GSB) since 2004. He has received several awards for excellence in teaching, and serves as the faculty director of the Stanford GSB Venture Capital Initiative. He has taught as a visiting associate professor of finance at the London Business School. Professor Strebulaev is also a research associate at the National Bureau of Economic Research (NBER).