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Hello, I’m David Schonthal

Senior Portfolio Director, IDEO Chicago

With my background in startups and venture capital, I want to ensure new products and services successfully get to market. To do this, I encourage teams and clients to experiment and prototype with offers, but also with business models. I’m also the co-founder of MATTER, Chicago’s health-tech incubator, and am a professor of innovation and entrepreneurship at Kellogg School of Management.

What you won’t learn from my bio:
As much as I’d like to think I’m one of a kind, I’m actually a triplet.

Joined IDEO:

Full Bio

A Senior Director in Business Design at IDEO, David focuses his attention on helping organizations build and launch new ventures, design transformational new business models, and establish novel go-to-market strategies for products and services. During his time at IDEO, David has helped develop platforms such as the Startup-in-Residence program and currently advises Design for Ventures (D4V), an IDEO-affiliated venture capital fund that supports design-focused Japanese startups.

David is also a Clinical Associate Professor of Innovation & Entrepreneurship at Northwestern University's Kellogg School of Management, where he teaches courses in new venture creation, business design, healthcare entrepreneurship, and venture capital. Additionally, he serves as the Executive Director of Kellogg's Zell Fellows Program, a selective venture accelerator designed to help student entrepreneurs successfully launch or acquire new businesses.

David has spent 15 years in startup and venture capital and currently serves an Operating Partner at Pritzker Group Venture Capital (PGVC) where he invests in consumer, enterprise and healthcare technology startups. David was previously a Partner at Fusion Ventures and Director of Strategy and Venture Development for Tavistock Life Sciences, both based in San Diego, CA. David has also held numerous senior operating roles at startups in the technology and healthcare sectors.

David is a cofounder of MATTER, a 25,000-square-foot incubator in downtown Chicago focused on catalyzing and supporting healthcare entrepreneurship and serves as a member of Chicago Mayor Rahm Emanuel's technology, innovation and entrepreneurship council, ChicagoNext. He is a contributing writer to Forbes, Inc. Magazine, and Fortune authoring articles on corporate entrepreneurship, innovation, and business design. David has received several honors for his work, including a Kellogg Faculty Impact Award for excellence in teaching, and his New Venture Creation course was recently named "Best Elective Course” by Kellogg EMBA students. David has also been honored on Crain's Chicago Business Magazine's "40 Under 40" list (back when he was under 40), and as part of the Techweek 100.

David earned his MBA from The Kellogg School of Management at Northwestern University and his BA in International Relations from Boston University.

If all else fails, David's Plan B is to use his booming baritone to break into the lucrative voiceover world.