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Gmolympics
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Joint MBA/MPCS at Booth here. Here's my piece:

First: Ask Booth to match Kellogg, the worst they say is no.

Second: Your point about tech talent being sparse is valid. Unless you make connections to UIUC which is difficult because it is in the middle of no where. The trade off here however is you can be a big fish in a little pond if you have access to a talented dev team in terms of funding/VC. Chicago is also pumping money into start ups. Additionally, the tech scene, while still small, is growing.

Third: Our lineup of professor who will help with entrepreneurship as well as our programs are pretty dominant. I believe NVC just became number 1 in giving money out.

Finally: The community of entrepreneurs is small but the blood runs deep. We all know each other and in what we're involved. If one of us hears about something that will help the other. It's automatic to do it. That being said entrepreneurship is a solo sport and it's still always on you.

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Gmolympics
Thank you so much for your quick reply! I’m mostly doing b-school for validation and funding. I do envisage to live post MBA on the West Coast (Bay Area or Southern California).

My worry with Booth is that I wouldn’t find an ecosystem of founders and tech talent in Chicago as deep as I would in the Bay Area and UC Berkeley in particular to kick start my company. I agree on the money for sure. I come from Europe and student loans are indeed not common :-) at least not las it is in the US

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Looking for funding as an international is a little bit trickier. I don’t know why but there’s always some disconnect or miss connect. You are correct in the sense that you would have a strong network in Chicago and not really so much in the bay area. At the same time however house does not really have that much of a VC net work and as far as I understand Harvard and Stanford dominate those. I would ask some of the current students. My information is somewhat dated and could be wrong as the result. I would be interested in knowing specifically how many of the students have found funding for their companies. That is the true measurement of success as opposed to how many people are missing around.

At the same time, Kellog and Booth are both M7. In the pecking order of pedigrees that trumps Berkeley.
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Thank you so much for registering to reply!
Really appreciate your opinion and help!

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JohnDoe10
Joint MBA/MPCS at Booth here. Here's my piece:

First: Ask Booth to match Kellogg, the worst they say is no.

Second: Your point about tech talent being sparse is valid. Unless you make connections to UIUC which is difficult because it is in the middle of no where. The trade off here however is you can be a big fish in a little pond if you have access to a talented dev team in terms of funding/VC. Chicago is also pumping money into start ups. Additionally, the tech scene, while still small, is growing.

Third: Our lineup of professor who will help with entrepreneurship as well as our programs are pretty dominant. I believe NVC just became number 1 in giving money out.

Finally: The community of entrepreneurs is small but the blood runs deep. We all know each other and in what we're involved. If one of us hears about something that will help the other. It's automatic to do it. That being said entrepreneurship is a solo sport and it's still always on you.

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That was a really prompt response; I appreciate it. I'm mostly attending business school to get affirmation and financing. I intend to reside on the West Coast after finishing my MBA (Bay Area or Southern California).

My concern with Booth is that there won't be as rich an ecosystem of entrepreneurs and tech expertise in Chicago as I would in the Bay Area, particularly at UC Berkeley, to help me launch my startup.
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blotchedfree
That was a really prompt response; I appreciate it. I'm mostly attending business school to get affirmation and financing. I intend to reside on the West Coast after finishing my MBA (Bay Area or Southern California).

My concern with Booth is that there won't be as rich an ecosystem of entrepreneurs and tech expertise in Chicago as I would in the Bay Area, particularly at UC Berkeley, to help me launch my startup.

I’m not sure what you mean by a prompt response since this is a conversation from April 🤷‍♂️

There is some support that you would get from Chicago booth and the entrepreneurship Polsky Center. There is a new venture challenge competition that would actually put you through the whole venture-capital pitch process.

At the same time, there are advantages in being in the Bay Area. If you’re close to any business school, you can get help with variety of things through your network. Even your immediate classmates will be of help. And if you’re planning to be on the West Coast, then you might as well go to school there so you can start building your network early.

PS. the venture-capital school is traditionally Stanford.

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