Inspired by student venture capitalist (VC) contest, Greg Stoller shares rich lessons for entrepreneurs seeking funding.
The University of North Carolina’s Venture Capital Investment Competition (VCIC) is an intense one. 78 schools from 13 countries compete for the winning title over multiple rounds as entrepreneurs pitch to MBA student teams playing the role of venture capitalists (VCs). These competitions are judged by seasoned VC partners who provide valuable feedback to students looking to hone their VC skills. The entrepreneurs in turn get a chance to practice pitches for their startups.
Questrom School of Business played host to one of the U.S. regional VCIC rounds and Greg Stoller, Lecturer, Strategy & Innovation gleaned valuable insights for startups seeking funding from his interaction with the six student teams. In his article featured on Fortune titled 4 Lessons for Winning VC Funding, Stoller writes, “More than 25% of the startups who present at VCIC go on to raise venture funding.” The lessons are described with examples and focus on what VCs think about scalable ideas, growth and equity, experience and deal terms.
Learn about Stoller’s four tips for entrepreneurs on his piece in Fortune Magazine.