In ten years time, I’m likely to forget about the teams who competed in NVC finals with us last year except for one—a team really changed my view about what diversity means at Booth and NVC, and taught me how passion can transform something from normal to extraordinary—a story about a toilet!
I knew Shane Durkin from the very beginning of Booth as we are in the same LEAD cohort and I saw him as a heroic figure—a Navy SEAL member. We discussed entrepreneurship and the trip to New Zealand he was planning back then. But what really surprised me was the business Shane brought to NVC and how great his final presentation was. Don’t be fooled when he casually mentioned his “ability to make the room laugh.” I made the room laugh, too, but I never got to take the second place and $70,000 back home. Their presentation was definitely my favorite among all finalists, including ours 🙂 Let’s hear about what he thinks about that journey now.
Continue reading NVC Series: A Reflection on NVC from Coronado Conservation
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.
Continue reading NVC Series: A few words with Professor Kaplan
And here’s to the fools who dream
Crazy as they may seem
Here’s to the hearts that break
Here’s to the mess we make
I trace it all back to then
Her, and the snow, and the Seine
Smiling through it
She said she’d do it again…
The song that missed the Oscars by a little says a lot about NVC.
While LemonBox fulfills ours needs to be healthy, we need more music to be happy. For all musicians and fans out there, Waaves could be your Seine. When JC Chang was writing the account below about his idea and the team, he did not know if Waaves would be selected or not on that Thursday. Reading the following, I have no doubt that even if the team didn’t make the cut, he’d do it again… Fast forward and Waaves was selected to compete in NVC, but I think it is important to give credit to everyone who submitted a feasibility summary: “the hearts that break and the mess we make” lead to our future success. Here’s what JC has to say about his company’s NVC journey so far…
Continue reading NVC Series – Company Profile: Waaves
Two weeks ago, we started the NVC Series by laying out what you can expect to see. One of the components we want to show is the variety of the businesses involved in the competition — in terms of industry, stage, and management team. To provide a little flavor, throughout the competition we will introduce a few teams from various angles, such as their business ideas, the feelings of the team members during the competition, and lessons learned. We believe it is more interesting and authentic to tell the story with a first person narrative… So here is the first sip of the “juice”: LemonBox from one of the founders, Cindy Nan, ’17.
Continue reading NVC Series – Company Profile: LemonBox
In case you hadn’t noticed, Booth is abuzz with Entrepreneurship. Each Spring, the New Venture Challenge (NVC) kicks off, and the excitement is present all over Harper Center. NVC strategy sessions fill the Winter Garden, customer research interviews consume the conference rooms, and venture capitalists and famous entrepreneurs roam the halls to help with judging and coaching sessions.
The latest and greatest news is this awesome article on Poets & Quants on NVC semi-finalist TransparentMBA and its exponential growth in the last 4 months. We asked CEO Mitch Kirby to share more about what it’s been like starting up this awesome new company…
Continue reading Startup Spotlight: TransparentMBA