8/04/2008

New company analysis

This morning, we had a meeting to talk about how we can work on new companies. One of our missions is to evaluate the new companies to invest. Up to this point, we have mostly focused on current portfolio companies, and now is the time to start looking at new ones.

We started by evaluating the process of WOW so far since the first investment of last year. Was our due-diligence process rigorous enough? If not, how should we do differently this year? Have we followed up the invested companies well enough so far?

After our brain storming session, we modified the evaluation form, and each team took two new companies to work on during last two weeks of this internship.

By the way, interns of last summer put "WACIF I" in the header of every report, but nobody this year knows what it stands for... Any idea?

-Sachiko

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