VCIC 2009: Pitch, Due Diligence, and Negotiation

Posted on 27. Jan, 2009 by admin in VCIC

The five main components of the VCIC are:

Reading the business plans
Listening to the entrepreneur pitches (15 minutes)
Performing Due Diligence (15 minutes)
Creating the deliverables (term sheet and executive summary)
Performing the negotiation (18 minutes, 7 minutes Q&A with judges afterwards)

#2, #3, and #5 are shown in even tighter time constraints on BBC’s Dragon’s Den TV program. [...]

New VCIC summary page in topics

Posted on 26. Jan, 2009 by admin in Site Specific

As part of the ramp-up in posts specifically related to VCIC, a new summary page is available under the topics drop down menu on this site. Additionally the VCIC summary page can be found under the Students’ Guide TOC (Table of Contents).

Venture Capital investments in C-Corporations

Posted on 26. Jan, 2009 by admin in Basics

In most circumstances, a company must be a C-Corporation when taking investments from venture capital firms. There are a few reasons for this:

VC Limited Partners (LPs) contractually obligate the VC General Partners (GPs) to avoid any pass through tax liabilities that may result in an investment into a portfolio company that wasn’t a C-Corp.
Even [...]

VCIC 2009: Due Diligence Q&A session, Part 1

Posted on 21. Jan, 2009 by admin in VCIC

Having attended many VCIC competitions as a competitor, observer, and judge I wanted to share with everyone a few pieces of advice for the due diligence session. With such a limited amount of time, it is critical to prioritize your questions and manage the response time.
Manage the entrepreneur’s responses
Your time will quickly run out [...]

VCIC 2009: MBA competition season starts

Posted on 20. Jan, 2009 by admin in VCIC

One of my most beneficial experiences in business school was the VCIC (Venture Capital Investment Competition). Many of my fellow VCIC alumni as well as those in the startup industry feel the same and support the competition through a variety of means.
In the next few weeks a variety of content will be posted on [...]