I plan on writing (the truth) that I am interested in the EM and *also* some other management curriculum, and that post-MBA I am primarily interested in management in startups (the school region's VC portfolio startups), but as a backup if this area is dried up/unattractive in 2 years to join an established management team or MC firm, capitalizing on skills and networks gained in "the other mgmt curriculum".
I personally think that this sounds risky to put in your essay. If you want to enter into VC post-MBA, then you should explicitly say that. If you want to enter into consulting, then you should say that instead. Not both/either/or.
You need to convince the adcom that you know exactly what you want to do post-MBA. Recruiting for internships start just a few months after classes do and you need to start prepping to secure that internship from day one.
You can definitely focus on entrepreneurship during your MBA and then enter a related field, such as consulting, post-MBA. You don't have to join a startup or launch your own thing just because that was your concentration.
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