Venture Scholar Profile: Jaha Park
우리의 G -51 프로그램 , 자하씨 에 오신 것을 환영합니다!
Welcome to our Program, Jaha.
This week’s featured venture scholar hails from South Korea, one of the most innovative countries in Asia. Jaha Park is a first year MBA student concentrating in Health Sector Management at Boston University’s Questrom School of Business.
Seasoned with 6 years experience in the health sector and biotechnology in Seoul, Jaha’s interest in venture capital piqued through conversations she’d had with biotech investors in South Korea.
“Throughout my career, I would sometimes meet with the investment people, sourcing for deals and opportunities. That was how I heard about venture capital.”
Her interest in venture capital grew, and led her to business school in one of the cities best known as a hub of innovation, biotechnology, start ups as well as a burgeoning venture capital scene. The G51 Venture Scholar Program was an opportunity to begin her journey into a highly competitive, exciting facet of the financial world.
“(The Venture Scholar Program) is an experience in actually doing the work of the people in this industry, what they do when they assess deals”
Jaha herself assessed two deals this week, and presented them at the Deal Review on Friday. Characteristic of the G51 program, both deals were vastly different. As we discussed the two companies, Jaha was clear in her articulation of the positive and negative features each enterprise that translated into an attractive investment or otherwise.
The more recent deal she was assigned was an marketing company with a fresh approach to advertising. Jaha explained that her industry research revealed that there was a great deal of competition within the space the company was operating in. Without a patentable, inimitable competitive advantage, Jaha was concerned that the business would not be able to differentiate itself sufficiently enough to generate the returns expected of venture capital investment.
The other deal she researched was much more promising. A information technology systems company based in Latin America, the enterprise owned a proprietary information system for farming. Jaha explained that technology in agriculture is highly marketable, and that the farming industry’s expected growth in the future was promising for the company’s own growth.
As I left Jaha that afternoon, she was busy preparing for the deal review on Friday evening. We spoke briefly about her plans for the future and her goals as a graduate student in business school.
“I am going to go all out to pursue opportunities in either venture capital or healthcare, starting with a summer internship hopefully right here in Boston.”