On the weekend of November 20-22 we held the Internal Goizueta Venture Capital Investment Competition (VCIC). This competition is the first stage in a national competition by UNC Kenan Flagler Business School.

I posted about the competition and its benefits earlier and now it’s time for a summary.

We had four very interesting companies in different stages, with great entrepreneurs:

First lights in Atlanta, originally uploaded by yanec.

Last year I was a competitor and played the role of a VC. I used my vast experience in startup companies and the skills I learned in Goizueta to analyze the business plans with my team and decide on our investment.

This year I was the Chair of the event and organized it. It was a great experience for me:

  • I had the opportunity to invite judges I met earlier this year in events like Venture Atlanta and Startup Weekend
  • I worked with talented individuals in the Atlanta technology community.
  • I took part – as a listener – in the judging discussion and learned about the stuff that VCs look at when they evaluate a company and when they evaluate a team that presents to them.

The teams did a great work and got really good feedback. I believe it was a good learning experience for them as it was for me.

Team 4 (Alok Tandon, Justin Helsby, William Britt, Brad Burman, Igor Fisl), good luck in the regional on February.

I would like to personally thank my friend Kunal Gajwani for his assistance in putting the event together, to Professor Klaas Baks for his support and to thank our sponsors Triton Value Partners and TopRight.

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