The Venture Capital Club is off to a great start this year, transitioning back to in-person meetings after a full year on Zoom. We spent the first meeting going over key VC terms such as seed money and burn rate so that newcomers could get a sense of what to expect in future meetings, as well as understand any VC lingo when we had the fortune of having guest speakers talk to the club.
We were very lucky to have two Belmont Hill Alumni as our first guest speakers of the year: Mark Crane ’06 and Greg Paul ’09. Mark Crane is a partner at General Catalyst, one of the top VC firms in the country. Some of the prominent startups and companies which General Catalyst has previously partnered with include Stripe, Airbnb, and Grammarly, all three of which have received hundreds of millions of dollars in investments from various rounds of funding.
As for Greg Paul, he is a Vice President and Private Wealth Advisor in the New York office of Bernstein Private Wealth Management, where he advises high-net-worth individuals, families, nonprofits organizations and endowments. It was fascinating to hear about their experiences in the world of Venture Capital, and two weeks later we hosted our second guest speaker, albeit via Zoom.
Bill Miles is the CEO and Founder of A Milestone Group which provides yearbook and photo management services to schools. A graduate of UPenn, Mr. Miles specializes in managing companies and business units to revenue growth: expanding margins and increasing profits quarter after quarter. Although he was unfortunately unable to come to Belmont Hill, we were still able to have a highly productive conversation with him remotely, and his insights and advice were invaluable to the members of the club.
We are very excited for what’s to come regarding the Venture Capital Club, and hopefully we will be able to bring in more guest speakers that have professional VC experience.