Goizueta Wins Regional Venture Capital Investment Competition

VCIC 2013Congratulations are in order for Goizueta One-Year MBA students: Matt Crowell, David Durant, Aubry Kessel, Philip Ruppel, and Adam Zhong, who won the Southeast Regional Venture Capital Investment Competition earlier this month. The win earns the team a chance to compete at the international finals, which will take place in April.

The regional competition spanned over two and a half days and involved intense review, research and presentation of business plans, which each team received the evening of the first day. Teams need an understanding of the marketplace and venture capital industry, along with the ability to effectively analyze business plans in order to successfully compete.

“Both in the local round at Emory as well as the regional round hosted at Georgetown, our team spent about a day and a half understanding the companies’ strategy, products and services, and market. The goal is to figure out what components affect value and drill down on pertinent issues to ask in diligence sessions,” says Philip Ruppel, 13MBA.

The competition places students in the role of the investor. Real entrepreneurs pitch to the teams and they ultimately choose a venture to invest in and negotiate terms with the chosen entrepreneur – all under the observation of actual venture capitalist, serving as judges. Next, the tables turn and teams must defend their decision in a round that allows the judges to ask questions regarding the chosen business plan and team decision.

Ruppel applauds his Goizueta experiences as a key factor in the team’s success. “The Goizueta Business School’s Venture Capital and Entrepreneurship club did a fantastic job organizing the local Emory competition and providing information that prepared our team very well for competing in the regional competition.”

Goizueta in the News: April 22, 2011

Notable comments from Goizueta staff, faculty and students will be shared each week along with news on alumni, programs and rankings. Click here to review previous media updates. You can also inform Goizueta Newsroom of media postings (email).

The Street: Citigroup’s Reverse Split Is Bad for Investors
“Aside from appearing to be a move made out of desperation, stocks typically fail to perform well after a reverse split is enacted. According to a 2006 joint study conducted by students at NYU’s Stern Business School and Emory’s Goizueta Business School, more than 1,600 companies that conducted reverse splits underperformed the broader market by about 50%, on average, in the three years after the split.”

Atlanta Journal-Constitution: Should raising taxes be part of the strategy for reducing the federal deficit?
“Jeff Rosensweig, associate professor, Emory University, wrote the “yes” position on this question.” [link unavailable 4/17/2011]

The Emory Wheel: Goizueta B-School Student Launches Website to Find a Date for an Upcoming Fraternity Formal
“As a marketing major and a strong believer in the power of social media, [Kirby] Liu decided to utilize his skills, acquired over his past two years at the B-School, to market himself as a brand. His website, www.findkirbyadate.info, allows interested parties to apply to be his formal date.”

The Emory Wheel: Students Create App For Digital Punch Card
“Four Emory students and a professor are collaborating to create PunchBunch, a free iPhone application that acts as a digital loyalty card, which will allow Emory students to record their purchases and redeem free products by scanning the barcode provided by participating vendors.”

FINS Sales & Marketing: ABC News Appoints Digital Head
“ABC News has appointed AOL’s Joe Ruffolo to head up digital at the company. Ruffolo was most recently vice president of AOL.com, where he ran both operations and editorial for the company’s homepage. He replaces Paul Slavin, a lauded former reporter, who left ABC News last week after 33 years.”

PR-GB.com: Brett Chepenik- An Active Member Of Donna Hicken Foundation
“Brett Chepenik, a fitness personality for the local Fox Action News Morning Show, is the president and creator of Timed Exercise, a revolutionary exercise program designed to improve the fitness of any committed individual in less than 30 minutes a day.”

Deccan Herald: Feeling at home at Emory University
“Her stint at Emory University in the United States, with its academic choices and professional order, has been an experience worth savouring for Swargajyoti Gohain”

The Emory Wheel: Mayor, Emory Launch State Case Competition
“Atlanta Mayor Kasim Reed and the Social Enterprise Program at Emory’s Goizueta Business School announced last week their decision to spearhead a statewide case competition at Emory to encourage the use of electric vehicles in the Metro Atlanta region, according to an April 4 press release from the Mayor’s Office of Sustainability.”

Goizueta Newsroom: Tests Remain for Music on “The Cloud”
“Amazon announced “Cloud Drive” recently, adding fuel to an always hot debate about licensing of digital music. According to Reuters, the service lets users “store about 1,000 songs on the [Amazon site] for free instead of their own hard drives…”

Goizueta Newsroom: Goizueta Third at Venture Capital Competition
“Nine regional champions competed recently at the 14th annual international finals of the Venture Capital Investment Competition at UNC Chapel Hill.”

Goizueta Newsroom: Student Carries Wine Project Forward
“Natalie Reese wanted her business education to be unique. She feared being seen as an MBA from a ‘cookie cutter’ program with a resume lacking passion. Now, less than a month from graduation, she can look back at an experience that included world travel and — perhaps — front line input on a poverty-fighting wine industry in Ethiopia.”

Goizueta Third at Venture Capital Competition

Chad Bennetts, Stuart Johnston, Irfan Kassam, James Nolan and James Watts celebrate a third place finish at the VCIC International Finals. SUBMITTED PHOTO

Nine regional champions competed recently at the 14th annual international finals of the Venture Capital Investment Competition at UNC Chapel Hill. The Goizueta team of Chad Bennetts, Stuart Johnston, Irfan Kassam, James Nolan and James Watts (one-year MBA students) placed third overall. The VCIC has more than 50 events on four continents with more than 1,000 MBA students competing. This ties Emory’s previous best in the competition from 2000.


Goizueta Wins Regional VCIC Competition

The regional Venture Capital Investment Competition is an annual event featuring MBA schools in the Southeast. SUBMITTED PHOTO

The regional Venture Capital Investment Competition is an annual event where teams from MBA schools in the Southeast have the opportunity assume the role of a venture investor for a day and evaluate different opportunities proposed by real entrepreneurs.

This year, Emory’s team of MBA students came out on top against stiff competition from Duke, UNC, Wake Forest, Georgia Tech, and Rice.

Team members Jay Nolan, Irfan Kassam, Chad Bennetts, James Watts and Stuart Johnston will go on to represent the Goizueta Business School in the final round at UNC in April.

Click here for more on the Emory Center for Alternative Investments.