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On Saturday, March 17, five WHU MBA students took part in the European South Finals of the Venture Capital Investment Competition (VCIC) 2018 at INSEAD in Fontainebleau, France.
Competing for the first time, Sarah Stierle, Aylin Schaer, Marisa Jelinek, Navratan Jain, and Nura Linggih formed “Cherry Capital“, securing a successful third place in a competition against five other top business schools.
The Global Venture Capital Investment Competition is the world’s largest venture capital competition, with over 70 universities competing. As Venture Capitalists for the day, participants have $100MM to invest in one of the presenting start-ups. By assessing investment opportunities and pitching an investment strategy to the VC judges, each team explores their VC skills while making valuable connections with budding entrepreneurs and experienced VCs. For the start-ups, the event is a valuable opportunity to spend a full day with the VC judges in attendance, as well as to gain valuable feedback from top-class students.
Nominated to participate by Professor Dr. Serden Ozcan, Chair of Innovation and Corporate Transformation, the Cherry Capital team said, “We would like to thank especially Professor Ozcan for the amazing opportunity to explore our VC skills and to be part of such a great networking event. We had the chance to network with other MBA students, start-ups, and European VC funds.”
Competing in the event for the first time meant the WHU team had no insights from previous teams to use, making their success even more of a wonderful achievement. Congratulations!