VCIC team takes second place at Mid-Atlantic Regional Final
Indiana University's Venture Capital Investment Competition team won second place at the Mid-Atlantic Regional Final at the Tepper School of Business at Carnegie Mellon. IU's team was comprised of third-year law students Casey Plant and Marshall Magaro, fourth-year JD/MBA Brian Villa, and second-year MBA students Emily Geiger and Perry Griffith. This same team won IU's internal VCIC contest last fall. At Tepper, the team beat out competitors from Maryland, Rochester, Virginia and Vanderbilt, taking second to a strong team from Georgetown.
Members of the IU Venture Capital Investment Competition Team (from left:) Casey Plant, Brian Villa, Marshall Magaro, Emily Geiger, and Perry Griffith
In the competition, students take the roles of venture capitalists, evaluating business plans, performing due diligence, hearing "pitches" from real entrepreneurs, and drafting term sheets and executive summaries for their chosen investments. In the final segment of the competition, each team must negotiate its investment "live" with the chosen entrepreneur, all before a panel of real venture-capitalist judges.
VCIC began at UNC in 1998 as an educational event for MBA's to learn about venture funding. Now in its 11th year, VCIC has evolved into a marketplace for entrepreneurs seeking investors and a training ground for future venture capitalists.
