VC for a Day
Business 2.0
Being a judge at Wharton's Business Plan Competition offers a peek at tomorrow's startup ideas.
By Erick Schonfeld, May 19, 2003
Judging a business plan competition is a little bit like being John Doerr for a day. At least that's what I felt like two weeks ago, as I deliberated with six other judges over who should win the $20,000 top prize at Wharton's annual business plan contest. In part that was because the other judges were all VCs or investment pros who could instantly pinpoint the slightest flaws and had no trouble eviscerating contestants for them. (Advice to would-be entrepreneurs: Hone your pitches to perfection. VCs are deluged with business plans, and they're looking for reasons to throw them onto the reject pile.)
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5/20/2003
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