Business plan competitions demand a substantial investment of time and money from venture capitalists. But are they worth it?
Venture Capital Journal weighs in this month. Behind the velvet rope, you’ll get to read the story of how New Enterprise Associates’ Patrick Chung plucked one of the hottest mobile application startups out of Stanford University after judging its undergraduate business plan competition. You’ll also learn which school has the best business plan competition track record, spawning three public companies. Subscribers will also learn which VC has judged the most competitions and what his track record has been with companies spawned out of them.