the front handles of a bicycle with a navigation system between them looking out on a road flanked by fields

Student team consults for eBike navigation startup in Budapest

Through a week of intense research, the student team learned a lot about the electric bicycle industry, its customers, its parallels to the electric car industry, and the intricacies of its supply chain.

Student teams in Olin Business School’s Venture Consulting Course, taught by senior entrepreneurship lecturer Clifford Holekamp, spend 10 days in Budapest, Hungary, immersed in the startup community.

One student team, comprised of Harini Venkitarama (MBA ’18), Vanessa Ewais (MBA March ’18), David Allston (JD/MBA ’18) and Ryan Cao (BSBA ’19), was challenged by the Oriens Investment Management group to work with a local startup, GPS Tuner. Each member of the team comes from a different background and they capitalized on one another’s diverse strengths to tackle the new task at hand: eBike navigation.

Through a week of intense research, the student team learned about the electric bicycle industry, its customers, its parallels to the electric car industry, and the intricacies of its supply chain. They spent time in the GPS Tuner office, met with the CEO, and said the open dialogue was valuable to their successful final presentation.

“It was a great opportunity to extend the camaraderie and close-knit community we feel at Olin in St. Louis and delve into a new problem half-way across the world together.”

The student team will continue to work with GPS Tuner and Oriens remotely throughout the rest of the summer. They say the Venture Consulting trip to Budapest was an enhancement to their learning experience at Olin and a valuable introduction to venture capitalism abroad.

Read more about the Venture Consulting team’s collaboration with GPS Tuner on the Olin Blog.