Faculty & Research

Mark Tebbe

Adjunct Professor of Entrepreneurship

Address :
5807 South Woodlawn Avenue
Chicago, IL 60637

After many years of judging and mentoring in Booth’s New Venture Challenge (NVC), Mark Tebbe brings a wealth of successful entrepreneurial experience into the classroom by leveraging his founding of two NASDAQ-listed corporations as well as direct involvement in numerous start-up and high-growth companies over the past thirty-five years. As both an Adjunct Professor of Entrepreneurship and Entrepreneur-in-Residence at the University of Chicago Booth School of Business, Tebbe aids students in their entrepreneurial efforts and helps other professors enhance their classes. Outside of the classroom, in addition to being a prolific angel investor, Tebbe volunteers as Chairman of ChicagoNEXT, a dedicated public-private effort to raise Chicago’s profile in science, technology, innovation and entrepreneurship.

In 1984, Mark founded Lante Corporation, (NASDAQ: LNTE) a Chicago-based technology-consulting firm in which he served as CEO and Chairman. Using $10,000 borrowed on his credit card, Tebbe launched the technology advisory firm that helped to create over 250 new businesses as well as building backend infrastructure and websites for established companies including Microsoft, Dell, American Airlines, American Express and Charles Schwab. Lante was taken private by SBI Group in September 2002 and sold (as Razorfish) to aQuantive in July 2004.

In September 2004, Tebbe was Co-Founder, Vice-Chairman of the Board and Lead Director of Answers Corporation, (NASDAQ: ANSW). Building on his inspiration to create a productive website to aid his son on researching a school essay, Tebbe co-conceived the answers.com website which became one of the Web’s leading Q&A publishers and was sold to Announce Media in July 2011.

Tebbe also served as an Operating Executive at Lake Capital where he was involved in guiding and aiding numerous portfolio companies with strategy development, operational refinement, and execution monitoring, as well as investment evaluation, structuring and negotiation. Over the years, Tebbe has been a consultant to executive management of many leading companies including American Express, Dell, and Microsoft, as well as nonprofit organizations such as National Park Service, United Nations, and World Economic Forum. Tebbe has also served as a board member of SBI Group, Accent Software (NASDAQ: ACNTF), Divine Interventures (NASDAQ: DVIN), Elexos Corp. and Selective Search, Inc., ZixIt (NASDAQ: ZIXI) and OCTuS Software (NASDAQ: OCTS) with renowned Atari founder, Nolan Bushnell.

Tebbe is a recognized and published industry expert on emerging technologies whose insights have appeared in leading national publications including BusinessWeek, Fortune and the Wall Street Journal. In light of his service to the University of Illinois, where he earned his Engineering B.S. in Computer Science degree, Tebbe was honored with the Chicago Illini of the Year Award, as well as the national Alumni Honor Award for Distinguished Service. He has received numerous awards and honors including University of Illinois College of Engineering’s “Alumni Award for Distinguished Service”, Ernst and Young “Entrepreneur of the Year” Finalist, University of Illinois “Chicago Illini of the Year”, Chicago Area Entrepreneurship Hall of Fame Inductee, Crain's Chicago Business's "40 under 40", Crain's Chicago Business's "Tech 50", Microsoft’s “Solution Provider Partner of the Year", and Sm@rt Reseller's "Smart 25" Executive.

He also serves is involved with civic organizations including the Field Museum of Chicago (Trustee and Executive Board Member), Economic Club of Chicago (Technology and Program Committee Member), Aspen Institute (1999 Crown Fellow), Chicagoland Entrepreneurship Center (Executive Board Member), and 1871 (Executive Committee and Board Member). Tebbe also serves on the boards of Enova (NASDAQ:ENVA) and is a Board Advisor to Merrick Ventures. Mark and his wife also philanthropically support numerous children-oriented, educational, and environmental causes.


2016 - 2017 Course Schedule

Number Name Quarter
34104 Special Topics in Entrepreneurship: Developing a New Venture (New Venture Challenge) 2017 (Spring)
34705 Entrepreneurial Discovery 2016 (Fall)

2017 - 2018 Course Schedule

Number Name Quarter
34104 Special Topics in Entrepreneurship: Developing a New Venture (New Venture Challenge) 2018 (Spring)
34705 Entrepreneurial Discovery 2017 (Fall)