On Friday, November 20, Yale School of Management students participated in the school’s internal Venture Capital Investment Competition –– a daylong contest, in which students act as venture capitalists, that attracts over 70 business schools from around the world.
The teams received information about the companies, such as pitch decks, financial forecasts and internal business plans. They were allowed two days to research the companies before Friday’s competition, where they will present the investment they seek and interact with the business founders themselves. This process is meant to simulate the venture capital investment process, McGovern said.
TryCycle was invited to participate as one three firms that were seeking investment from these future VC’s.