What’s the VCIC Experience?
VCIC is the world's largest venture capital competition and a unique event in which MBA students emulate the life of venture capitalists. We assessed real investment opportunities in Danish startups, Droplet IV, coalescent mobile robotics, and Iotbee, by watching their pitches, conducting due diligence, valuing their company, creating an investment deal, and constructing a term sheet - all of that in less than three days. We also had to justify our investment decision to a panel of high-profile venture capitalist judges. It was a great opportunity to learn about venture funding, something completely new for me.
What did you enjoy about the competition?
I enjoyed a lot of things. Starting with transferring knowledge into practice, my team and I had the opportunity to apply what we had learned in corporate finance in a real investment opportunity. One thing is to learn how to evaluate a company in class, another one is to evaluate an early-stage startup. I also enjoyed the teamwork experience, prioritizing work, doing task allocation, and leveraging my teamwork skills. Finally, this competition has a lot to do with oral presentation and speaking with confidence. There is a lot of pressure when we are facing the judges; therefore, I took this opportunity to improve my communication skills, which also developed my self-confidence.
What other experiences have you enjoyed about the Copenhagen MBA program?
I enjoyed a visit to the National Aquarium Denmark, Den Blå Planet. Its CEO, Jon Diderichsen, gave us a fascinating presentation about how his team managed the aquarium during the COVID-19 pandemic. He talked about the company’s strategy in different fields, such as business model, HR management, marketing, communication, PR, and how this new strategy made the aquarium overcome those difficult times.
