As a student pursuing private equity at Booth, I could not imagine a better education and introduction to this hard-to-enter industry than the PE/VC lab class at Booth. The depth and detail in which we have explored every aspect of PE has been invaluable to my future career and how I think about investment opportunities. I sat down to discuss the growth of private equity at Chicago Booth with adjunct professor Chris McGowan, who is a 23-year PE industry veteran and also a faculty advisor and an Entrepreneur-in-Residence for the Polsky Center for Entrepreneurship and Innovation.
This summer, 24 members of the Class of 2019 got a head start to their Booth experience through the pre-MBA program called Startup Summer. Across the globe, soon-to-be Booth students were paired with Booth-founded startups to explore their entrepreneurial function and industry goals. Cofounded by Booth alumna Andrea Sreshta, ’16, LuminAID is a women-founded Chicago-based startup that makes solar-powered inflatable lanterns for disaster relief and outdoor recreation. Find out what incoming Booth students Erich Bao, Jessica Goldberg, and Michael Hull had to say about their experience at LuminAID, and how it will impact their time at Booth going forward.
What do you do when you have a chance to present to people who can be connections for you and help you with your goals?
That is what the New Venture Challenge class experience teaches participants in the ten weeks they spend as part of the course As the New Venture Challenge (NVC) enters its final round this week, the businesses that have gone through it have evolved and so have the entrepreneurs and their teams. Those selected for NVC have to take the class, which includes two rounds of pitching to potential investors. I sat in one of the pitching sessions and it was a wonderful learning experience even though I wasn’t trying to get any idea sold.
New Venture Challenge (NVC) is possibly the most well-known competition at Booth as well as one of the most famous entrepreneurship competitions in the business school circle. As part of our ongoing series dedicated to the NVC, I sat down with Professor Steve N Kaplan for a brief conversation about the New Venture Challenge, which he helped co-found in 1996.
This is the third installment of our “More Than a Finance School” series. In this edition, hear from students who are pursuing fields outside of financial services, such as energy and technology, impact investing and social entrepreneurship, and even the entertainment industry.