The Funded: Royalty Financing with Arthur Fox

Hi BVCPErs,

The Funded: Royalty Financing with Arthur Fox
Wednesday, April 27 at 4:30pm - Olin 101

Angels, VCs, and banks are not the only options for financing your new business. Come hear about this unique alternative from one of its evangalists. Arthur Fox has raised three funds to offer royalty-based financing to entrepreneurs. Arthur is also an experienced entrepreneur and co-founded three technology companies, Octek Inc., Lexidata Corp. and Medicel Inc. Octek was acquired by a Fortune 500 company and Lexidata conducted a successful IPO.

Field Trip! Bain Capital

Hi BVCPErs,

Field Trip! Bain Capital
Wednesday, April 20 · 5:00pm - 8:00pm
Bain Capital, 111 Huntington Ave, Boston, MA

Come look behind the scenes at Bain’s Venture Capital and Private Equity divisions and hear what its like day to day. BVCPE will visit Bain’s offices and sit down with several Babson alums to hear about life at Bain.

To RSVP, email arthurawatson@gmail.com

2011 Babson College Business Plan Competitions

Hi BVCPErs,

The Babson 2011 College Business Plan Competition is open.  The direct link to the registration is http://csv2011.eventbrite.com.

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Babson’s Annual Business Plan Competitions

Watch our 2011 business plan competition finalists compete for over $100,000 in cash and services in kind on Thursday, April 14 at 2pm!

For more information including agenda and registration, visit www.babson.edu/venturing or contact the Blank Center for more details.

BEEC Finance Panel

BVCPErs,

The Babson Energy and Environment Conference is coming up and we wanted to bring your attention to the many VCs on the finance panel.  The biggest challenge to adoption with many cleantech innovations is their financing.  This panel will discuss possible solutions as well as what is being funded now.

Financing Strategies: Funding Your Green Venture
This panel will bring together both business operators and financiers to discuss the state of financing green ventures in today’s economy.  The panel will look at the latest trends and innovations in debt, equity, and project financing in the cleantech space, and discuss both challenges and potential opportunities.  Panelists will discuss where the capital is flowing, how the latest are deals being structured, who the biggest winners and losers are, and how “financial entrepreneurs” can play an integral role in helping the new green economy to grow.

·         Jon Abe – Senior Vice President, Nexamp
·         Carry Bullock – CEO, ThermoEnergy Corp.
·         Sheeraz Haji– CEO, Cleantech Group
·         Chuck McDermott – General Partner, Rockport Capital
·         Moderator: Mark Donohue – Clean Technology Entrepreneur-in-Residence, Babson College

Register today at www.babsonenergy.com to be a part of this exciting event!

US/Israeli Venture Summit in NYC

BVCPErs,

YoungStartup is hosting the US/Israel Venture Summit in New York City and is looking for volunteers on March 29th from 10am - 5pm and on March 30th from 6:30am - 1pm.  The summit will feature Israeli startups and American VCs.

Many of you volunteered at YoungStartup's New England Venture Summit.  This event will have a similar format.  Volunteers will also be invited to the cocktail reception at the close of the event.  You can read more about the event here: http://www.youngstartup.com/usisrael2011/agenda.php

If you are interested, please email me.

Healthcare Commercialization Competition

This is an event that the club leadership has helped put together and several VCs will be acting as mentors and judges during the competition.

The Funded: Social VC

This event is on April 6th, this coming Wednesday.  Please excuse the typo.

The Funded Today!

VCIC Bootcamp

(In order to register for the VCIC competition, teams must be represented on both days of the bootcamp.)

Attention Entrepreneurs, hopeful VCs, strategists, salesmen, and the classic generalist...

It's time to prepare for the year's most challenging and rewarding competition...the Babson Internal Venture Capital Intensive Competition, part of an International MBA event.

VCIC 101 - Tuesday, Feb 1st: 2:00-3:30pm - Olin 102
This event will be an intense training session for Babson's VCIC competition on Feburary 12th. We will be issuing a sample business plan for analysis and covering term sheet strategies, including key terms, business analysis, and valuation techniques. Think of this as a crash course combining topics we have covered in the past but in a VCIC format.

VCIC Mock Competition and Registration - Thursday, Feb 3rd: 4:30pm-6:30pm - Olin 102
Joining us is Babson's own Yumin Choi, Senior Associate at HLM Ventures Partners, who will be walking us through his approach to Tuesday's sample business plan. Between Tuesday and Thursday, teams are asked to prepare term sheets on the sample business for a live discussion and comparison with Yumin. This will not only simulate the VCIC event, but will give students direct interaction with a VC - the best form of VCIC preparation. All teams are asked to be present in order to sign NDAs and register for February 12th.

***The winning team on February 12th can expect one of a kind interactions with the club's VC advisors in addition to coaching and advice in preparation for the regional event.

VCIC Competition - Saturday, Feb 12th: 8am-5pm - Olin Auditorium
The Big Show.  Teams will be presented business plans the night before.  Saturday morning, the companies will present their investor pitches.  After a short break each team will have the opportunity to interview each entrepreneur.  After interviews are completed, the teams will choose a company in which to invest and write up a termsheet.  Each team will then have fifteen minutes to negotiate their term sheet with the entrepreneur.  At the conclusion of negotiations, the VCs, who will be watching all of the days proceedings, will question the team on its actions throughout the day.  They will then provide some brief feedback.  Once all teams have finished, general feedback will be given and a winner will be announced. The winner will go onto the regional competition.

The Funded: Katie Rae and Techstars

The Funded: Featuring Techstar's Katie Rae and SocialSci's Leon Noel - 1/26 @ 4:30pm - Olin 201

Join us as we hear the story of SocialSci and the Techstar's program.

Techstars is a startup incubator with programs in Boston, New York, Seattle, and Boulder.  The program grants accepted companies up to $18,000, provides them with mentorship, and then presents them to venture capitalists and other funders.  In exchange, Techstars get a 6% stake in the startup.

Katie Rae is the director of Techstars Boston and has recently started Project11, a seed stage micro-VC fund.  She has had a long career in tech, most recently as Head of Product for Microsoft Startup Labs.

Leon Noel dropped out of Yale months before graduation to found SocialSci.  The company is building a community of researchers and participants to streamline social science research.  Currently, SocialSci is tracking over $5 million being paid out by live research studies.  Leon and SocialSci graduated from the Techstars program this Spring.
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The Funded - The Series: Wednesdays @ 4:30pm - Olin 101

The Funded will feature founders and funders telling the story of their shared venture.  We hope to cover many industries and types of funding over the course of the semester.  Here is a glance at some of the events in our series:

    •    Spark Capital's Alex Finkelstein and Peertransfer's Iker Marcaide
    •    Techstar's Katie Rae along with one of Techstar's companies
    •    Flybridge Capital's Matt Witheiler and GamerDNA's & Disruptor Beam's Jon Radoff

If you have a company or funder you would like to bring to campus, let us know!

The Funded: Spark Capital and Peer Transfer

The Funded - Spark Capital's Alex Finkelstein and Peertransfer's Iker Marcaide: Friday, January 21st @ 4:30pm - Olin 102

Join us as we hear the story of how Iker built Peertransfer and how Spark came to invest in the company.  This event kicks off our "The Funded" series and we want to bring a crowd to encourage more speakers to come.  So come out and bring a friend!

Spark Capital is one of the most active seed stage funds in the US and is the largest investor in Twitter.  Alex is interested in Media, Web, Education, and Financial startups.  Aside from Peertransfeer, he led investments in 5min Media(acquired by AOL),  8D World, Altius Education, Linkwell, peerTransfer and OnSwipe.  Peertransfer was started by an international MIT MBA student who was sick of paying the high fees for transferring money to pay tuition.  The company offers students a way to pay their tuition in their home currency for a 1% fee instead of the typical 3-6% fee plus wire fee that most banks charge.

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The Funded - The Series: Wednesdays @ 4:30pm - Olin 101

The Funded will feature founders and funders telling the story of their shared venture.  We hope to cover many industries and types of funding over the course of the semester.  Here is a glance of our future events:
    •    Spark Capital's Alex Finkelstein and Peertransfer's Iker Marcaide
    •    Techstar's Katie Rae along with one of Techstar's companies
    •    Flybridge Capital's Matt Witheiler and GamerDNA's & Disruptor Beam's Jon Radoff
If you have a company or funder you would like to bring to campus, let us know!

Volunteers needed at New England Venture Summit

Hey BVCPErs,

The 2010 New England Venture Summit is this coming Wednesday and Thursday in Dedham at the Hilton.  While you can buy a ticket for $495, we have found space for volunteers!  Details about the conference and volunteering are below.  I should have more details soon.


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The 2010 New England Venture Summit (December 14-15 @ Hilton in Boston Dedham) is an exclusive venture capital summit which will bring together an intimate group of over 450 Venture Capitalists, Corporate VCs, Private Investors, Investment bankers and CEOs of cutting edge companies, and will feature an impressive line-up of VCs on interactive panels; CEO presentations and high-level networking opportunities.

By volunteering, students are able to gain free admission (normally $495) and in turn help out for part of the day and enjoy the summit for the other part.

Partial list of VCs confirmed to speak include:

    •    Neeraj Agrawal, General Partner,  Battery Ventures
    •    Omar Amirana, MD, Partner, Oxford Biosciences
    •    Christian Bailey, General Partner, incTANK Ventures
    •    Michael Balmuth, General Partner, Edison Ventures
    •    Dr. Jonathan Behr,  Principal, PureTech Ventures
    •    Tom Cain, Managing Partner, Sail Venture Partners
    •    Jon Chait, Partner, Dace Ventures
    •    Andrew D. Clapp, Managing Partner, Arctaris Capital
    •    Issam Dairanieh, US Director, BP Alternative Energy Ventures
    •    Rob Day, Partner, Black Coral Capital
    •    Ohad Finkelstein, Partner, Venrock
    •    Patrick J. Fortune, Ph. D., Partner, Boston Millennia Partners
    •    Liron Gitig, Principal, FTV Capital
    •    Jeffrey Glass, Managing Director, Bain Capital Ventures
    •    Greg Kats, Managing Director, Good Energies
    •    Alan J. Koenning, Fund Manager, UPS Strategic Enterprise Fund
    •    Venetia Kontogouris, Managing Director, Trident Capital
    •    John Lawrence, Partner &  CFO, Longworth Venture Partners
    •    David J. Martirano, Co-Founder and General Partner, Point Judith Capital
    •    Chuck McDermott, General Partner, Rockport Capital Partner
    •    Robert McNeil, Ph.D., Managing Director, Sanderling Ventures
    •    Jeffrey B. Moore, Vice President, MP Healthcare Venture Management
    •    Ira Nydick, Senior Technology Analyst, Panasonic Venture Group
    •    Brendan O’Leary, General Partner, Prism VentureWorks
    •    Patrick O'Neill, P.E., Investment Associate, Connecticut Innovations
    •    Scott Requadt, Transactional Partner, Clarus Ventures
    •    Chris Risley, Operating Partner, Bessemer Venture Partners
    •    Joseph Riley, Managing Member, Psilos Group Managers
    •    Robert Rosenberg, Partner, New Venture Partners
    •    Mitchell Rosich, Partner, Athenian Venture Partners
    •    Praveen Sahay, Founder & Managing Director, WAVE Equity Partners
    •    Gavin B. Samuels, M.D., MBA, Senior Partnering Director, Teva Innovative Ventures
    •    Steven St. Peter, Managing Director, MPM Capital
    •    Bart Stuck, Managing Director, Signal Lake
    •    Jake Tarr, Managing Director, Kinetic Ventures
    •    Louis A. Toth, Senior Managing Director, Comcast Interactive Capital
    •    Markus Thill, Managing Director, Robert Bosch Venture Capital
    •    Chris Varma, Entrepreneur-in-Residence, Third Rock Ventures
    •    Patrick Wack, Venture Partner, Rho Capital Partners
    •    Tracy S. Warren, General Partner, Battelle Ventures
    •    Tom Whiteaker, AVP, Hartford Ventures
    •    Caleb Winder, Vice President, Excel Venture Management
    •    Bilal Zuberi, Principal, General Catalyst Partners

"The Uncle" speaks at Babson

BVCPErs.

I hope that many of you are making your way towards family and home cooking, but I wanted to let you know that "The Uncle," Kanwal Rekhi, both VC and entrepreneur, will be visiting Babson on Wednesday, December 1, at 8AM.  He is the man to see if you are an Indian, or any, entrepreneur. In 1982 Kanwal founded Excelan which was the first to commercialize ethernet and the TCP/IP protocol, becoming the first Indian to take a company public on the NYSE.  He then lead Novell's development of Unix after acquiring it from AT&T.  Recently, he formed TiE, a venture/support organization for Indian entrepreneurs, and has been an active angel in Silicon Valley.  This spawned his nickname, bestowed by many grateful Indian entrepreneurs, "The Uncle."

Kanwal will be speaking at Babson on "The Entreprenurial Journey."  Come and learn what one man, who has gone through it himself and can help you in your venture, thinks it takes to make a new venture succeed.  Breakfast starts at 7:30am.  You can learn more here.

Seed Trackers: Networking Reception

BVCPErs,

Here is an event that might interest many of you.

Seed Trackers: Networking Reception
Thursday, November 18, 2010, 7pm - 9pm, Blank Center Rotunda.

For those who are interested in angel investing or that have an early stage business idea, come learn about how 34 member of a Babson MBA Fast Track Cohort started their own seed fund and how you can too!  

Seed Trackers is a membership organization comprised of 34 current Babson Fast Track MBA students in the March 2009 cohort. The members share the common objectives of:

a) supporting economic development within the Babson community, particularly in early-stage businesses
b) improving their individual investment returns by working together, leveraging their collective and diverse experience and expertise
c) sustaining and nurturing Seed Trackers as a Babson leadership organization for committed and energetic professional men and women, both active and retired.

Link: http://www3.babson.edu/Newsroom/Releases/gew2010.cfm