Cisco Investments sponsored and hosted Regional Venture Capital Investment Competition (VCIC) at Cisco’s corporate headquarters in San Jose, California.
The VCIC Experience is a convergence of top MBA students, entrepreneurs, and VCs. At VCIC, the students are the investors, and real entrepreneurs pitch to the students. This format provides MBA students the opportunity to emulate the life of a VC. Cisco Investments’ own Gautam Nadella and Michael Porat teamed up with a panel of judges from 17 venture capital firms including Lightspeed Venture Partners, GE Ventures, Venrock, DFJ, Intel Capital, and Bessemer Venture Partners.
The picture above is of the winning team from U.C. Berkeley which reached agreement on their term sheet in 13.5 minutes. Click here to learn more about VCIC.