The day started with a two-hour Entrepreneurship session with Professor Benoit Leleux. In that period of time we managed to finish the session on valuing entrepreneurial companies AND to debrief an entire book. That is just the pace that things are moving at and you just have to hang on as much as you can.
Accounting has now moved from 'financial accounting', i.e. Profit & Loss, Balance Sheets and Cash Flow Statements, into management accounting, which basically means management reporting. This is, at least to me, much more intuitive and logic, but let's wait and see. We are only a few sessions into it, so it might be too early to say.
In Operations Nikos Tsikriktsis, in his usual turbo-charged style, debriefed yesterdays visit at La Poste and reviewed the material we had been through in order to get us prepared for exam.
Then followed a quick update from Career Services on the status of on-campus recruiting and job fairs.
On wednesday our Startup project group had our so-called 'pitstop'. We met with Pascal Dutheil, an experienced Venture Capitalist, who gave us feedback on the work we had done so far on our Startup projects and some pointers on how to proceed. The meeting was held in a polite atmosphere, but it was easy to sense that Pascal is used to communicate in the no-nonense terms that the Venture Capitalists are known and feared for. Today our group then met with our coach, Professor Stuart Read, to discuss the latest development on the project and to prepare ourselves for a meeting with the startup company tomorrow.
I took this picture from the harbor when we were getting on the bus to go to La Poste yesterday. Coming from a land with no mountains this view is just priceless.
Two Russians at the Swiss Postal service, Yury Vasilkov (left) and Slava Raykov.
The sun is coming out and the temperature is creeping up, so we move the coffee breaks outside whenever we can. Here it is (left-to-right) Bruno Portnoi [Brazilian], Oren Yehudai [Isreli], Satoshi Konagai [Japanese] and Tony Jamous [French/Lebanese].
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