CBS Venture Fellows2016-17 PROGRAM OVERVIEW

The$CBS$Venture$Fellows$program$is$a$selective,$student;run$organization$putting$6$first;year$MBA$candidates$in$the$shoes$of$venture$capitalists.

Each%fellow%dissects%an%emerging%technology%or%business%model,%creating%a%framework%on%how%to%approach%and%analyze%investing%in%startups%in%the%space. Fellows%are%expected%to%become%experts%in%their%sub>sector,%meeting%with%entrepreneurs,%operators,%and%VCs.

The$Program

•%Develop%a%core%competency%of%a%VC Associate,%formulating% opinions% about%a%specific%sector%and%startups.%

•%Network%with%VCs,%operators,%and%thought% leaders%.

•%Grow%the%program%and%its%profile%as%a%cornerstone% for%thought% leadership%at%CBS.

•%Receive%independent% study%credit.

•%1>on>1%VC%and%second>year%Fellow%mentorship.

The$Benefits

Last%year’s%VC%panelists%included:

The$Fellows

Where$the$1st Class$(CBS$’16)$are$now:

The%2015>16%Fellows%with%our%founders%Adi and%Curry!

An$investment$thesis$is$more$than$a$research$project$and$it$is$definitely$not$a$history$report!

What$is$an$investment$thesis?

Apply$thesis$to$specific$startups

Current%trends,%data,%and%reports

Development%of%the%technology/sector

Relevant%startup%successes/failures

YOUR$UNIQUE$FRAMEWORK

•%Students%apply,%proposing% a%specific investment%thesis.%Examples:

Too%broad Appropriate

EdTech Language learning%software

ArtificialIntelligence

AI%for%corporate%applications

FinTech Peer>to>peer lending%platforms

Selecting$a$Thesis

•%Over%time%formulate%your%own%perspective/opinion% on%how%you%would%approach%investing%in%the%space%today.

•%Fellows%don’t%need%sector%experience%but%should%demonstrate%meaningful% interest%in%their%application.

Become$a$domain$expert

•%Having%a%well>researched%thesis%allows%you%to%provide$value$when%meeting%with%VCs%and%industry%operators.

•%Share%your%thesis%to%build%your%personal%brand%and%land%an%internship.

Lauren$Chilton AI%as%a%service

Matthew$Kennedy Gig%economy

Laura Kornhauser Automated%investment%platforms

Corey$Schwitz Social/video%VR%platforms

Mohammed$Shafique Mobile%deep>linking

Emre Tekisalp Distributed%settlement%systems

Last$year’s$thesis$presentations:

Fall$2016◦ Early%October:%Next%class%of%Fellows%selected◦ Mid>October:%Kickoff%meeting%– discuss%ideas,%resources,%expectations◦ November:%Share%initial%slides/outline%with%2nd year%and%VC%mentors◦ Early%December:%Draft%thesis%presentations%to%past%CBS%grads%now%in%Venture

Spring$2017◦ Late%February:%Revised%thesis%presentations%to%2nd year%Fellows◦ April:%Final%thesis%presentations%and%celebratory%drinks

Throughout$the$year◦ Ongoing%research,%thesis%refinement,%and%attendance%at%sector>related%events◦ Regroups%with%2nd year%and%VC%mentors◦ Meetings%with%Fellows%to%share%best%practices%and%obstacles

2016@2017$Timeline

Due$Wednesday,$October$5th at$11:59pm

Send$application$in$PDF$format$to$CBSVenturesNYC@gmail.com:◦ Resume◦ Maximum%two%additional%pages%with%the%following:%

◦ Proposed% investment%thesis%with%statement%of%interest%and%relevance%(2%paragraphs)

◦ List%of%4>5%resources/events%to%target◦ Profile%of%two%startups%in%the%space%that%interest%you%(1>2%paragraphs%each)

Application$process