Friday, May 13, 2011

How to Raise $1.8M in VC While Still in Business School

Vanessa Green explains how to raise VC money while still a student in business school. Also, women out number men in grad school ... except in MBA programs ... despite 10 years of recruitment efforts.

We have Great Show today.
Vanessa Green will tell you how raise $1.8M in VC funding
All, while still in B-School

Remember to subscribe to us on iTunes.

(1) Headlines:

50% of Graduate students are women.

We did it! We won. Wooo hooo. Yes yes yes yes yes.

*Bing* Excluding business schools

[deadpan] Oh ….

But enrollment of women in business schools has increased from 25% to 35% in the last 10 years

We did it! We won. Woo hoooo. yes yes yes yes yes.

*Bing* Only at the top 10 business schools.

Son of a bitch!

But … Overall, MBA’s are now 30% female

That is terrible! 10 years we’ve been investing in this. That’s 5% over 10 years. If you look at the statistical error, we may not have moved at all.

Recruiting women is tapped out. That has been pushed and pushed and pushed. We have reached the limits of what push can do and now we need pull to take over.

At this point, fewer women are applying to business school simply because the marketplace isn’t offering enough attractive jobs.

GMAC’s annual survey
Women send 20% more resumes for ½ the job offers that men receive.

Well that explains that. Based on those stats, the number of women going to b-school should be going down.

But check this out: In China, 63% of GMAT test-takers are women.

I’ve got it. I know how we can increase the number of women in business school! Become Chinese.

Tom, I’m an entrepreneur. I’m trying. Believe me, I’m trying.

(2) Interview: Vanessa Green

Intro: If you’re a woman thinking about going to business school and you’re looking for a role model, look no further than our next Guest. Vanessa Green created her own job. Actually, she created four. She raised $1.8M in VC money from Venrock and Paytech while attending B-school full time!

There are advantages to being a man in entrepreneurship. There is a stronger culture of women supporting men married to their jobs. There isn’t a strong culture of men supporting women married to their companies.

Can you start a company and have a family too?
Would you raise money during school again?
Didn’t they pressure you to drop out of school?
Who are your cofounders?
Three guys. Course 6. PhD’s.

When did you decide to do this?

Why didn’t you give up after 28 firms?
The ball was always rolling.

The momentum really built after we got our first term sheet. We ended up with three. We had to force it in the end.

People won’t give you a term-sheet unless you force them to.

I pitched over 30 firms. You don’t just pitch once.
Wear heels, put hair down.

What was the most painful thing that you gave up?

I’m good at reading people, assessing situations. Memorable.

What is the difference between men and women entrepreneurs.
Women are more passionate about their project, but men are motivated by making money.

My office is right by school.

I have prioritized school.

Setting expectations on the company side is really important.

They asked you to change your voicemail message?!

(3) Jargon: Vesting
Earn you share over time. Vesting is the schedule that you earn your promised shares on.

(4) Business School Tip of the Week: Find a Team
B-school is a great opportunity to build a team. Having the right team is the most important thing.

Remember to subscribe to our newsletter.


  1. You just have to know better that anybody else about the business structure and the strategy to make it work. With continue study about the business and proper implementation of it, you will never go wrong. Famous women in business and men as well have gone through a lot, I know before the become one.

  2. this is some new and better way for me. Thanks for sharing the same
    Amazing Race Sydney

  3. Track Stocks from Worlds leading US, European and Asian Markets. This link You can turn the Music Track on and off with just a touch.

  4. Download the Success Secrets app, to listen and learn on the go! Look for it That's not necessarily a bad thing, as long as this particular app provides an experience that is unique and engaging enough to warrant a download.

  5. Anti-Metabo(WEIGHT) offers the following recording dieting functions for them. This is what you want Eternum Online is a free MMORPG (Massively Multiplayer Online Roleplaying Game).

  6. It has an intuitive user interface which makes the maximum use of the multi-touch gestures. downlodable keygens Study the best way with Expanding Security, a training company.

  7. This product doesn't work with Vista as Jummfa states. download serial numbers About Rockwood: Roy Rockwood is a pseudonym used by the Stratemeyer Syndicate (Tom Swift, Nancy Drew.

  8. Fixed the aspect ratio when displaying images from address book. canoscan n656u driver This application is the ultimate remote tool to update your presets on stage.

  9. So lsst sich unterwegs schnell herausfinden, ob die Preise im Laden wirklich attraktiv sind. link for you Disponibilit delle vetture e informazioni su tariffe e condizioni di noleggio.

  10. From Extra Live: myOpinion, et vous, quen pensez vous. Now you can carry hundreds of need-to-know words with you everywhere you go.

  11. Users can now sign up for Shopro using the app as well as search for properties, log in to their dashboard & upload properties. Many features more that will make the submission process a breeze.

  12. You either believe such things carry some weight or you don't. Web page. Includes 48 stunning photographic images of DC-3, DC-4 and C-46 Commando 'warbird' propliners in present-day use.

  13. If you are looking for complete Weather information for Austin without entering Zip code or city name then just get Austin Weather application. Act quickly -- you must shoot before the clock hand makes a full revolution.

  14. Unlock achievements in both OpenFeint and Game Center to gain achievement point and increase your online status. 0c DirectX Compatible 3D Card (GeForce FX 5200 level)

  15. To help learn your students' names, a classroom seating chart is included. Great game - Dog fights can get fast paced but are still easy to keep up with - EndlesslyGreat - Simple controls immersive gameplay.

  16. iPhone App: Die iPhone App und die Facebook App basieren auf identischen Daten. download software With SouthWest Bank Mobile, you can safely and securely access your accounts anywhere, anytime.

  17. CHANGED: Display name changed from 'password' to 'Passwords'- CHANGED: Set focus to Note title when adding new Secure Note. Be sure to read the important safety tips at the beginning of the app.