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Sobey takes third in New England Venture Cap Contest

Date Published: February 3, 2020


Congratulations to Jake Chambers, Asja Dillett, Wafa Wahhab, Alex O'Brien, & Alejandro Sanchez Alvira, members of the Sobey School Venture Grade Undergraduate team that took third place in New England's Venture Capital Investment Competition Saturday, February 1, 2020. 

This follows a pattern of "placing" three years in a row by Saint Mary's teams in the competition. Cornell and Dartmouth took second and first place, with Babson, NYU and Tufts rounding out the top six.

According to Ellen Farrell, the venture capital professor who mentors and coaches the team, they put forward a “masterful defense of their valuation and term sheet. Judges and observers said the team had the best term sheet and the most well articulated defence.”

In spite of this terrific performance, the team took third in a squeaker of a finish, one point behind Cornell. Congratulations to winners Dartmouth.

The graduate team of Kory Henn, Laurie Taylor, Quinton Gorman, Nuri Sulsaimanov and Catherine Chase did not place this year, but Dr. Farrell reports, "With a mix of not-backing-down, quiet confidence, and an absolute command of venture fund math, they were amazing."

Sobey School and the team want to thank the our ecosystem partners who came out on Tuesday and Thursday evenings for the past month to accelerate the students' learning curves: Patrick Keefe, Stephanie Fitzner, Andrew Ray, Charley Baxter, Patrick Hankinson, Saeed el Darahali, and Anu Gupta (a past VCIC competitor in 2018).

 

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