Alvaro Perez What is your personal and professional goals during the course of your internship? Personally, I wanted to prove myself of what I am capable to do and to overcome my expectations and limitations that I thought I had for certain tasks. Professionally, I wanted to test my new skills learned in college and the last four weeks of intensive management consulting course, as well as to leave Cape Town with in depth knowledge on Venture Capital and Private Equity. What do you enjoy most about your internship? I enjoy the sense of responsibility that Edge Growth has given me. I feel the recommendations I give and the work I make is making a real impact in the companies that we are consulting and investing on. The tasks we were given are of utmost importance for the company and the work we are doing is really interesting and similar to the one learned in class. What is a day-in-the-life interning at your company like? I usually get here in the morning and start my day with a nice cup of coffee, go through my mail, and then start or continue the work I have or have been doing from the day before. We have gone to meetings with the Edge Growth investment team and with CEO’s of companies that Edge has invested on to understand more what our direction is, what the problems to solve are and basically just grasp all the information we need as fast as possible. Everyone in the office is really welcoming and friendly. What have you learned so far at your internship? In only one week of work I feel I have already given powerful and useful insights to the Edge team. Using skills taught in class we are making a case study on a deal made by one of the companies we invested on. I have learned a lot about Venture Capital and Private Equity topics which were unfamiliar to me coming in with an engineering background. What do you feel you have contributed towards your internship? We started a case study on Recomed (leader in SA for healthcare online booking) which is one of the company's Edge Growth has invested on. Right now we are analyzing the data given to us by Recomed’s CEO to further develop a business strategy for Recomed in order to keep increasing revenue and maximize profit. The study is focused on a deal made between Recomed and MediCross (clinic chain) where we study its quantitative and qualitative impacts in order to have
recommendations on how Recomed should present their deals to other clinics. We are also creating a presentation on how clinics increase number of appointments, numbers of new patients and quality of service by subscribing to the Recomed’s service.
Braden Domier What is your personal and professional goals during the course of your internship? My short-term personal goals are to be self-aware, focus on bettering myself, and properly nurture my relationships with others. My short-term professional goal is to find and excel at a job in management consulting. What do you enjoy most about your internship? What I like most about interning at Edge Growth is the amount of responsibility that I've been given and the feeling of respect from everyone here. Everyone at Edge has been incredibly welcoming to myself and the other intern. What is a day-in-the-life interning at your company like? On a typical day I get into the office around 8:45 and check e-mails from the people I'm working with. After that I'll typically work on a our long-term project for awhile. At some point in the day the other intern and I will meet with one of the Investment Associates that we're working for who will give us feedback on our project. Then I'll revise based off of that feedback. A couple hours later I'll head out around 4:15 or so. Not every day is like this and on other days we have met the CEO of a client company and toured their headquarters, attended all-company meetings, and other cool stuff that made us feel like a part of the team. What have you learned so far at your internship? I've learned a lot so far about private equity and venture capital in South Africa, specifically with regard to majority black-owned businesses. I've also learned a lot about the South African government's black empowerment laws and how it tangibly affects the country. One of the other major takeaways is what it means to be a part of a team working with real deadlines and issues. What do you feel you have contributed towards your internship? It’s still early in the internship so what I've contributed has mostly been the plans for what I will eventually contribute. I've gained an understanding of the issue and I have planned out a plan for how to best tackle the issue.