1 / 8

Preparing for the VCIC

Preparing for the VCIC. Jeff Reid Amanda Deerhake January 9, 2003. First, a note on Team Formation. Teams are already set Approximately 16 teams signed up Incomplete teams will not be allowed to compete Make sure your people are committed!

samson
Download Presentation

Preparing for the VCIC

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Preparing for the VCIC Jeff Reid Amanda Deerhake January 9, 2003

  2. First, a note on Team Formation • Teams are already set • Approximately 16 teams signed up • Incomplete teams will not be allowed to compete Make sure your people are committed! • Work with Patrick Vernon on team formation issues

  3. Global Overview of the VCIC • 34 schools in this year’s event • Internal: January 31 – February 1 • Regionals: • UNC goes West: February 20-22 • (UNC hosts SE: February 27-March 1) • UNC hosts Finals: April 10-12 • History of UNC performance

  4. Know the Schedule • Plan your time wisely!

  5. What the Judges Look For • Basic understanding of the companies • Basic understanding of how VC deals work • Ability to communicate your thoughts Don’t worry about the technical details, unless you are an expert

  6. Do Some Homework Books in CETV Library – on reserve from now until the competition VCIC web site – Team Preparation Guide, Judging Criteria, etc. Other web sites

  7. Read Up on Venture Capital • VC Club Web Site: http://www.kenaninstitute.unc.edu/Centers/CETV/Clubs/VC_Club/Resources/resources.html • www.corante.com/venture/ • ww.venturewire.net/ • A Venture Capital Primer by Tripp Peake, Mass Ventures Equity Fund - http://www.entrenetwork.com/articles/39.cfm • Good Idea? Great Idea? Super Idea? By Stephen Spinelli, Director of the Center for Entrepreneurship at Babson College - http://www.entrenetwork.com/articles/45.cfm • Business Valuation Techniques and Negotiation by Mark Cameron White of White & Lee LLP - http://www.whiteandlee.com/papers_transactions_bvtn.html • What Are the Terms? - Three part series on the terms of venture capital financings - from "STARTING UP" Column Reprints by Joe Hadzima - http://web.mit.edu/entforum/www/hadzima/terms1.htm • "Company Valuation Issues for Technology Start-ups by David Sheehan http://www.dcu.ie/enterprise/presentations/hotorigin14jan02.pdf

  8. Questions – Other Hints

More Related