19 October, 2012
The eagerly awaited entrepreneurship classes have started and we have been juggling with a variety of concepts starting from business plans to venture capital funds, private equity etc.
Our Professor, Mr Mikkel, was gracious
enough to invite entrepreneurs and investors to hold discussions with us about
the various issues that entrepreneurs have to face in the real world and also
to throw light on the huge number of opportunities that the market offers.
Mr Jiten Apte, CEO of Wizarth Advisors and
highly successful angel investor gave us some useful insight into the world of
angel investments. We learnt about the various kinds of entrepreneurs and the
types of ideas preferred by the angel investors. He told us about how the
network works and the various key points to keep in mind when approaching a
prospective investor.
Our belief in the importance of the much
used and clichéd ‘elevator pitch’ was reinforced and we also did learn about the
due diligence expected by the investors and the various ways to undertake it.
At the end of his session, interestingly,
he asked us for our opinion on his next business venture where he had options
ranging from solar panel research to an online education initiative and also
welcomed interested students to join the India Angels network of which he is a
part.
Overall, It was a great experience to learn
about how investors think and to get a peek into the exciting world of seed
funds.
Sivanand Mahapatra
MISB Bocconi
Class of 2012-2014
sivanand.mahapatra@misbbocconi.com
It was a very good experience learning from him. Identifying the right opportunity at the right time, even though you fail keep rising, develop networks are some of the key takeaways from his session
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