|Team post-pitch with the Vinidaily team|
Carla Carfagno from Vinidaily pitching to the students
Vivianna He’s introduction to entrepreneurial financing is a prime example of fast-paced, experiential, hands-on learning. To better understand how start-ups secure funding for their initiatives from Venture Capital (VC) firms and investors, the Strategy & Digital Leadership track of ESSEC’s Global MBA participated in a day-long VC Investment Simulation with a few very special guests. This simulation is part of the Entrepreneurship class-a core element of the GMBA program.
The day began with two startups, CAPS and Vinidaily, presenting their companies and speaking with the students about their ideas. Next, a group of GMBA students, acting as VCs, broke out into teams to begin the analysis of their assigned company. VC teams further had an opportunity to meet with and learn more from the founders and further discuss select details, such as core business strategies and financials, before creating presentations for their investors. After much discussion, and sometimes heated debate, VC teams readied themselves for presenting to a panel of Limited Partner (LP) investors, acted by a different group GMBA students and experienced investors Guillaume Gaillet and Nicolas Landrin, detailing their investment strategies and terms.
“It was extremely interesting and inspiring to understand the ‘behind the scenes’ aspect of an entrepreneurial project, especially the fund-raising part.” - GMBA student Julien Mendez, avid triathlete and aspiring entrepreneur.