春季创业座谈会总结

[Alan Wang]

一直支持PACE的朋友：

感谢大家这一学期对我们活动的支持。昨晚我们和Gregory White的座谈会是本学期春季创业座谈会的最后一次。我们这学期很有幸一共请到了8位在各个行业里有过创业经历的前辈。有些人的座谈会可能讲的更精彩一点，但不可否认的是从每个人身上我们都多多少少的学到了一些他们作为过来人的经验。我们这个组织的宗旨就是为想创业的朋友搭建一个相互交流的平台，希望这一系列的座谈会能够达到这个目的。

我们第一次办这种活动也难免会有很多需要改进的地方，如果你有任何的建议帮我们把座谈会办的更好的话，请直接跟我们联系。

此外，如果你们想跟那位speaker私人沟通的话，这是他们的邮件（都是Penn QuakerNet 校友网络上找的的所以请不要对外公布）

第一期：Jeff Fluhr (Previously Co-Founder of Stubhub.com) - je...@spreecast.com; 

                David Topolewski (Founder of Qooco English) - dtopo...@gmail.com

第二期：Jake Stein (Co-founder of RJMetrics) - jake...@gmail.com 

第三期：Ellen Weber (Executive Director of Robin Hood Ventures) - ewe...@antiphony.com; 

                Robert Wu (Co-Founder of Convoy Funds) - finn...@gmail.com

第四期：Marc Feigen (Founder of Feigen Advisors) - Marc....@Feigenadvisors.com;

                Sam Huntington (Co-Founder of NowYuno) - samuelmh...@gmail.com 

第五期：Gregory White (Co-Founder and Managing Director of Prima Capital Advisors) - gwh...@primaadvisors.com 

最后发一篇昨晚Greg White分享的文章:

此致，

Alan Wang

宾大创业协会

 

MBA Students at Harvard to Wharton Pick Lower-Pay Internships
2013-04-18 21:00:00.9 GMT


By Erin Zlomek

     April 19 (Bloomberg) -- While his classmates earned $8,000 a month or more working as interns at hedge funds, Andrew Ward spent the summer of 2011 starting a business and living in a one-bedroom walkup in Manhattan with two friends.
     “The summer at business school is a pretty low-risk time,” said the 28-year-old Wharton MBA 2012 graduate. “I wanted to make the most of it by doing the riskiest thing possible.”
     While they’re still a minority, the number of MBA candidates sharing that attitude is increasing, according to data compiled by business-schools’ career service offices. At the University of Pennsylvania’s Wharton, 9 percent of this year’s graduating class either founded a company or worked at a startup last summer, up from 7.5 percent the previous year.
     At Harvard Business School, the comparable figure was 13 percent, up from 9 percent in 2011 -- the first time more students worked as interns at startups than at investment banks or buyout companies. Nine percent of this year’s graduating class at Stanford spent last summer starting a business.
     Students who take this route tend to make a lot less than their classmates over the summer. At Wharton, interns at startups earned about $3,200 a month, less than half of the school’s reported average monthly internship salary of $7,060.
Harvard says its student interns at startups made around $4,050, below the $7,000 median for the school. Students starting their own businesses typically collect no salary.
     At Harvard, a fellowship program awards first-year MBA students an average of $6,000 for the summer if they start their own company or intern at an early-stage startup that otherwise couldn’t afford MBA interns.

                           MBA Interns

     Applications to the program increased 23 percent in 2012, and the school released more funds to support a total of 81 students, according to Meredith McPherron, director of Harvard’s Arthur Rock Center for Entrepreneurship. Stanford and Wharton have similar programs.
     Business accelerators have become another popular destination for first-year MBA students looking to start a business over the summer. These programs, which support startups through a combination of grants and mentoring, legal, accounting, and other services, are highly competitive and frequently reject applicants who aren’t committed to dropping out of school if their companies flourish.
     “I made a spreadsheet of 55 or 60 accelerator programs of all different flavors,” said former Harvard student Danielle Weinblatt, 29. “Some paid, some didn’t, some took equity.”
Weinblatt was accepted into Dreamit Ventures in 2011 and has since raised $1.2 million from investors for her New York-based business, Take the Interview, which develops software employers can use to screen job applicants.

                        Another Obstacle

     After dropping out, she encountered another obstacle that student entrepreneurs must plan for. “Any outstanding student loans kick in and you have to start paying those at a really rapid rate,” she said.
     While career services offices have traditionally focused on large employers of MBAs, such as McKinsey & Co., PepsiCo, and Deloitte LLP, many now seek to forge ties with venture capital firms that might hire MBAs for the companies they back.
     In February, Wharton made its first formal presentation promoting the value of MBA hires to companies funded by Kleiner Perkins Caufield & Byers and Kosla Ventures. One big attraction is that VC-backed startups pay starting salaries that track average MBA pay. Wharton reports that 2012 graduates who took full-time positions at such firms earned about $110,000, with almost all receiving an equity stake. That compares with the school’s average 2012 MBA starting salary of $120,702.
     Wharton’s career office frequently hosts events that bring investors and founders to its satellite campus in San Francisco.

                           Job Offers

     “The space is so networking-driven, and there’s not always a concrete job on the table,” said Michelle Hopping, a staffer in Wharton’s career services office who manages relationships with startups. “Getting students face to face with people is a big win for us.”
     Such encounters may lead to full-time job offers, internships, or introductions to potential investors, and schools say summer is an attractive time to exploit those leads.
     “Obviously, some students are testing a business idea to see if it will gain traction,” said Pulin Sanghvi, career services director at the Stanford Graduate School of Business.
“Simultaneously, I think what they are doing is testing themselves.”
     Andrew Ward’s company, a website that aggregated daily deal offers, folded at the end of the summer. Still, the experience helped him land a job after graduation as director of business operations at Curalate, a Philadelphia-based startup that helps companies track their presence on social media services such as Pinterest and Instagram.
     That’s the beauty of this type of summer internship, Sanghvi says. If they don’t pan out, “students can return to school their second year and decide what they want to do.”

[Wentao Chu]

谢谢Alan！这学期收益于PACE，学到很多东西！

文韬

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