Three co-hosts (E&I Club, Martin Trust Center of Entrepreneurship, VCPE Club)
Two slices of pizza.
One amazing night.
On November 19th, E&I Club co-hosted the first monthly Ideas Open Mic Night at the Martin Trust Center – an opportunity to turn your startup ideas into reality and to encourage greater idea sharing and cross-pollination for MIT students. There were representatives from CSAIL, MBA, MechE and many more.
Looking forward to seeing you next month for the second edition!
On November 18th, E&I Club visited MassChallenge, where we learned about the history and expansion plans for MassChallenge from Robby Bitting (Director of Marketing, MassChallenge). We also got a first hand view of the program from three Sloan alumni startups: Spoiler Alert, TVision Insights and ArtLifting. It was informative and refreshing to get outside of the Sloan bubble to see what’s happening across the river.
Speaking of MassChallenge, congratulations to E&I Club alums Ricky Ashenfelter (’15) and Emily Malina (’15) from Spolier Alert, and Dan Schiffman (’15) and Yan Liu (’15) from TVision Insights for taking home the Gold Winner Award from the MassChallenge Awards Ceremony earlier this month!
E&I Club isn’t all work. When our officers aren’t launching companies, supporting the entrepreneurial ecosystem or generally being awesome, we love to come together for cocktails and conversation. Cheers to an amazing team and thank you again for all your hard work! You are truly the heart and soul of the E&I Club:
Treks: VP: Evan Klein
Directors:Lisa Conn, Louis Coppey, Jessica Kaiser, Ron Marconet
Directors: Shai Ben Nun, Eileen Parra, Nick Del Vecchio, Bryan Halloy
Alumni & Startup Relations:
Directors: Ali Farahanchi, Ashley Fidel, Marie Chkaiban, Dennis Lally, Teddy Lee
On October 7th, E&I Club hosted Alex Lazar and Mike Bookman from Latham & Watkins LLP for their second “Legal Issues for Startups: Opportunities and Pitfalls” lunchtime event. Whether you’re trying to construct your first cap table or aren’t sure where to incorporate, every entrepreneur needs a good legal team behind it. Which is where Latham & Watkins come in.
Over lunch, Alex and Mike covered the key legal issues that startups face to a full room of budding entrepreneurs and startup enthusiasts:
Determining when and where to incorporate the startup
Identifying and protecting the startup’s intellectual property
Building and aligning the team with the startup’s objectives
Preserving the equity of the startup, including a discussion on vesting
Seeking (early stage) financing and understanding key tax and valuation considerations
Working with investors and advisors
Thank you again to Latham & Watkins LLC for supporting the E&I Club community!
Lately, we’ve heard whispers around the halls and in the cafeteria from students curious about what a search fund is and how to get involved. To shed light on this increasingly popular role, E&I Club was thrilled to host Coley Andrews, Co-Founder and Managing Member of Pacific Lake Partners, for a September 28th lunchtime event.
Coley walked the students through the economics of search funds, what it means to lead a fund, and how to get started.
All in all it was an incredibly informative event and one that got many wheels turning in the minds of our second year students. We can’t wait to see who pursues this new model!
Thank you again to Pacific Lake Partners for supporting the MIT Sloan E&I Club community!
On September 18th, 20 members of the MIT Sloan E&I Club visited the Boston offices of Techstars for a private tour of the office and discussion with Eveline Buchatskiy, Boston Techstars Managing Director.
In addition to learning about the Techstars program and the incredible impact it’s made on the local Boston startup ecosystem, we also had the privilege of hearing from the founders of two companies who had recently graduated from the summer 2015 class: Yegor Anchishkin (CEO and Founder, CartFresh) and Adam Blake (Co-Founder & COO, ThriveHive).
Yegor and Adam offered terrific advice for those eager to learn more about the MIT and local Boston startup community. First and foremost, it’s important to get involved and to stay proactive about attending events across the city. We were also thrilled to learn that Adam was the Co-President of the MIT Sloan E&I Club (MBA, 2011) a few years back. So inspiring to see club alumni making waves in the startup space!
Thank you again to Techstars for hosting the E&I Club!