By guest authors Irina Patterson and Vandana Upadhyay Linda: We are talking to impact investors from around the world to determine their criteria for investing. We are also looking at corporations in these countries to see what kind of products and services they would buy from entrepreneurial companies, to see if there is market as
By guest authors Irina Patterson and Vandana Upadhyay Linda: In our executive MBA program, students who want to build businesses can go through classes and get mentors and industry experts, and then they pick their ideas. They have their own competition that runs off on the side. Usually, the executive MBA students are a little
By guest authors Irina Patterson and Vandana Upadhyay Irina: How many of these companies are technology businesses? Is there any industry preference? Linda: Almost all are technology businesses. A lot of it is mobile and Internet but there are business services as well. Among the ones that won last year, one is a business service
By guest authors Irina Patterson and Vandana Upadhyay I am talking to Linda Darragh, who is director of entrepreneurship programs and clinical associate professor of entrepreneurship at the Booth School of Business at the University of Chicago. She teaches the New Venture Lab and the Social Entrepreneurship Lab and has been a coach for the
By guest authors Irina Patterson and Candice Arnold Irina: Do any of the companies you mentioned have any interesting stories? Ira: The one that we’re hoping is going to be the most successful is a company called Avid, which hasn’t gone liquid, yet, so there’s not a lot of information out about it. What’s interesting
By guest authors Irina Patterson and Candice Arnold Irina: What are your other notable investments? Ira: I recently invested in a company called SURGiVIEW, which has an inexpensive way for surgeons to archive the videos of their surgeries and also to remotely broadcast the surgeries to other parts of the world. I invested in a
By guest authors Irina Patterson and Candice Arnold Irina: What do you do with the companies you don’t invest in? Ira: We try to refer them to somebody else who may have an interest for one reason or another. Sometimes a company’s too late stage for us and we’ll refer it. Often times we’ll put
By guest authors Irina Patterson and Candice Arnold Irina: How much do you usually invest in a company? Ira: I typically invest $25,000. Sometimes it’s as low as $10,000. A few times it’s been $50,000 to $100,000, but it’s usually $25,000. Our group tends to invest somewhere between $300,000 and $750,000, as a group. Irina: