VCIC day #1 wrapping up (due diligence phase)

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VCIC day #1 wrapping up (due diligence phase)

The first day, and first phase, of VCIC is about to wrap up for the day. All 5 entrepreneurs presented this morning, and throughout the day, the 13 teams then had individual Q&A sessions with each of the entrepreneurs.

Phase two begins tomorrow. Term Sheets are due by 9 am (EST). Each team then goes into the Partner Meeting phase. They have to justify their investment choice and *then* why they’re not investing in the other four. Judges choose 6 of the 13 teams to continue to the negotiations phase (phase three). 1st and 2nd place will then be awarded.

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About Author

Gregory Stoller

Greg Stoller is actively involved in building entrepreneurship and international business programs at Boston University in the Questrom School of Business. He teaches courses in entrepreneurship, global strategy and management and runs the Asian International Management Experience Program, and the Asian International Consulting Project.

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