Mark Cuban offers up to $500,000 to Booth MBA For Inflatable Lights Startup On Shark Tank
Chicago Booth MBA student Andrea Sreshta and her business partner Anna Stork appeared television’s “Shark Tank” to seek funding for their inflatable solar-powered light startup, LuminAID. The group received offers from all five investors, including entrepreneur and billionaire Mark Cuban, who made the winning bid. Cuban offered $200,000 for a 15 percent stake in LuminAID, plus an option to lead the next round of investing with $300,000. Continue reading…
McDonough MBAs To Compete in VCIC Global Finals
Five MBA students from the McDonough School of Business took home the first place at the Venture Capital Investment Competition (VCIC) regional event in Boulder, Colo., on Feb. 6. This win places the Georgetown team in the VCIC Global Finals, which will be held at UNC on April 9. Continue reading…
Veteran Venture Capitalists Speak to Booth Students
“If I could go back in time [to become a student at Chicago Booth again], I’d try to meet everyone I could,” said Stuart Peterson, ’95, cofounder and senior partner at Artis Ventures, a San Francisco based venture capital firm has backed such companies as YouTube and Palantir Technologies. “Classmates will help you more than you think.”
Meanwhile, Jeff Sheedy, ’95, director of international marketing at Artis Ventures, believes that success isn’t only about a good idea, but also the people around you.
“Having a strong team gives you an ability to deal with adversity and allows for pivots,” he said.
New Georgetown Program Offers Startup Stipends to Seniors
McDonough School of Business students pursuing their entrepreneurial aspirations are now getting start-up help to make their big ideas a reality. Continue reading…
Leavey Assistant Professor Publishes Paper in Academy of Management Journal
A paper by Santa Clara University’s Leavey School of Business professor Sanjay Jain, which was co-authored with A.Petkova, A.Wadhwa & X.Yao, titled “Reputation and decision making under ambiguity: A study of U.S. venture capital firm investments in the emerging clean energy sector” was published in the April 2014 issue of the Academy of Management Journal. The Academy of Management Journal is one of the premier management journals.
Lerner College of Business Announces Winners of Startup Business Funding Competition
The University of Delaware’s Lerner College of Business announced the winners of the annual Hen Hatch, the school’s premier business startup funding competition. After competing since early March by pitching entrepreneurial ideas to a panel of expert judges in order to receive recognition and funding, three teams in two tracks emerged as the winners of this year’s competition.
Teams were made up of students, alumni, faculty and staff, and pitches were evaluated by a panel of expert judges, including Neil Book, president and CEO, Jet Support Services; Brian Harvell, vice president, Product Engineering, SevOne; Jennie Horn, founder and chief creative officer, Second Base; John Petterson, senior vice president, Operations, Tiffany & Co.; Mike Phelan, venture partner, Osage Venture Partners; and Mark Parsells, executive chairmain and CEO, GDR Acquisitions Company. Continue reading…
