Q1) Choose any one: a) Tell us about 3 students who are founders or have entrepreneurial traits and may start a company soon. 2 from your college and 1 from another. OR b) Tell us about 3 founders who have dropped out from college or have recently graduated (last 3 years). For any of the parts (a or b), tell us traits that you think founders usually have and then rank these founders on how investible they are. We are looking for 2 things: the quality of traits you identify and if you are able to evaluate a situation objectively. Founders shouldn’t have raised capital.
Q2) Identify two ways to meet student founders. We are looking for creative ideas, how effective they are in comparison to standard ones, and how operationally light they are. Standard ones: LinkedIn search, Press articles, or B-Plan competitions. We will also judge the scale your ideas can achieve. For example, leveraging friends can only get you a few founders, whereas the right communities can help you meet at least 1 founder/week. Be very specific.
About gC's Associate program
Note that your associate application will be considered only if you are a current student. The tenure of an associate is usually 1 year. Associates form an integral part of the gC team where they:
- Spot the best founders
- Make a case for gC's Investment Committee
- Get to be part of gC's large community of founders & associates
gC associates are paid a success fee for every successful deal. In the last year, 30% of gC's portfolio companies were sourced and successfully closed by gC associates. In the past, gC associates have received offers from top consulting firms, Investment banks, VC firms, and startups. Some companies include McKinsey & Co., Bain & Company, Antler, Avendus Capital, JP Morgan IB, Nomura IB, DC Advisory, Pixis, and Zolve amongst others.