Hi
MentorTutoring,
First of all, thank you so much for your response and I appreciate you for taking the time to go through my post and for writing such a detailed suggestion.
My key take-aways from your notes are:
a) I need to emphasize more on how I got the business up and running in my essays and resume more than the success story itself. +1 for this. I think its a great suggestion.
b) I should reconsider applying in the current rounds. I believe this is something I might not be able to accommodate(discussed in the last part of this comment)
c) I should not worry much about my university if I was standout. Thanks for this.
Elaborating further on some points of discussion:
My GMAT Preparation(briefly): I decided in mid-November that I had to apply for an MBA in the US in Fall 2020, I understand that this was a super late decision but more on that later. So I started my GMAT preparation in early December. I focused entirely on quant most of the time because I miscalculated my verbal preparation owing to a pretty decent score in TOEFL (116) and to a 96%ile score in GMATClub verbal CAT. It was not until 4 days before the exam that I gave my first GMATPrep Mock and got a shocking score of V34; However, in 4 days I was able to raise my verbal score by 4 points. I'll elaborate on this further once I post my full GMAT preparation experience. In this short period though, I was able to create some sleek SC strategies.
Why I left my startup?: I thank you for mentioning the possibility of being asked why I had to quit my startup and it's a question I fully anticipate in my interviews should I be selected for them. Earnestly, the reasons were entirely personal; I had to return to India in light of some difficult personal conditions(there was a health/financial emergency in my immediate family) and take up the tech job(the company is Adobe) near my residence. I tried to manage both for some time but eventually decided to step down and sell the majority of my equity. Though the startup received some viral success when I was leading, and is active even today, employing more than 25 people, I do realize that my time there was more of a learning.
Why I want to apply in Fall 2020 and not Spring/Fall 2021?: This is for two reasons. First, I have a couple of business ideas that I want to validate in the States, and my estimated time-frame to gain the first-mover advantage out of them is two years. Secondly, I feel that this is the sweetest time where I am financially/mentally in a position to invest in my career as well as take some risks. Why did I start so late? Well, I already had a plan to shift to the US up until October, but for some reason, that did not materialize. Doing an MBA from a top b-school was always my dream, so I feel that I'll be able to make the most out of an MBA during the Fall 2020-2022 time frame.
-Saurabh