Harvard | Mr. Food Tech Start Ups
GMAT 720, GPA 3.5
Harvard | Mr. The Builder
GMAT 740, GPA 4.0
Harvard | Mr. International Oil
GMAT 710, GPA 3.7
Chicago Booth | Mr. Overrepresented Indian Engineer
GMAT 740, GPA 8.78/10
Berkeley Haas | Mr. Biz Human Rights
GRE 710, GPA 8/10
Darden | Mr. Program Manager
GRE 324, GPA 3.74
Harvard | Mr. Consulting To Emerging Markets Banking
GRE 130, GPA 3.6 equivalent
Harvard | Mr. Comeback Kid
GMAT 770, GPA 2.8
Stanford GSB | Mr. Greek Taverna
GMAT 730, GPA 7.03/10
Harvard | Ms. Biotech Ops
GMAT 770, GPA 3.53
NYU Stern | Mr. Development
GMAT 690, GPA 2.5
Chicago Booth | Mr. Energy Operations
GRE 330, GPA 3.85
Harvard | Mr. Big 4 To Healthcare Reformer
GRE 338, GPA 4.0 (1st Class Honours - UK - Deans List)
Wharton | Mr. Steelmaker To Consultant
GMAT 760, GPA 3.04/4.0
Duke Fuqua | Mr. Indian Quant
GMAT 745, GPA 9.6 out of 10
Stanford GSB | Mr. Food & Education Entrepreneur
GMAT 720, GPA 4.0
Harvard | Mr. Standard Military
GMAT 700, GPA 3.74
Harvard | Ms. Gay Engineer
GMAT 730, GPA 3.6
Harvard | Mr. Lieutenant To Consultant
GMAT 760, GPA 3.7
Duke Fuqua | Mr. IB Back Office To Front Office/Consulting
GMAT 640, GPA 2.8
Tuck | Mr. Infantry Officer To MBA
GRE 314, GPA 3.4
Rice Business | Mr. Future Energy Consultant
GRE Received a GRE Waiver, GPA 3.3
Berkeley Haas | Mr. Campaigns To Business
GMAT 750, GPA 3.19
MIT Sloan | Mr. Special Forces
GMAT 720, GPA 3.82
Columbia | Mr. Fingers Crossed
GMAT 730, GPA 3.2
Harvard | Ms. Egyptian Heritage
GRE 320, GPA 3.7
Harvard | Mr. Investor & Operator (2+2)
GMAT 720, GPA 3.85

2021 Most Disruptive MBA Startups: Krent, HEC Paris

Krent

HEC Paris

Industry: Real Estate (PropTech)

Founding Student Name(s): Temitope Ahmed & Kparobo Tobore

Brief Description of Solution: Krent is an online real estate marketplace, which makes use of advanced technology-based solutions and market data to provide its users with an immersive and value adding experience. Krent seeks to create a more direct link between parties in a real estate transaction, extricating the need for several intermediaries and limiting human intervention in relevant processes.

Funding Dollars: $8,000

What led you to launch this venture? There are many difficulties and exorbitant closing costs associated with renting or buying a home in many Sub-Saharan African countries. I personally felt more value could be created for all stakeholders to a transaction whilst also paying significantly lower fees. I plan to do this by using the tech solutions to bridge the gap within the continent and overseas in the real estate industry. Luckily, I met a partner during my exchange program at the Wharton Business School with a similar motive but different disruptive concept. We agreed to partner and Krent was birthed.

What has been your biggest accomplishment so far with venture? It has been the design and concept of the software. The idea has been getting so much support from family, friends, and potential investors. Also, the hypothesis testing has been an eye-opener to new inspiring concepts.

How has your MBA program helped you further this startup venture? The MBA program provided a platform to meet and connect with people from across the globe. Interactions with my classmates and key faculty members enabled me to better understand the intricacies and best practices across various markets. Specifically, the entrepreneurship and strategy classes I undertook have proved extremely useful so far even as we navigate the start-up scene.

What founder or entrepreneur inspired you to start your own entrepreneurial journey? How did he or she prove motivational to you? Jeff Bezos. Despite leading a $1.7 trillion company, he has encouraged employees to remain agile and tackle decisions with a bias for action. His leadership philosophy has become a cornerstone of my own career – proactively seeking opportunities to stretch myself and create value — to fail fast and fail up.

Which MBA class has been most valuable in building your startup and what was the biggest lesson you gained from it? There were several classes that proved valuable during the course of the MBA program at HEC. This included the specialization module in Strategy. This helped me understand how people, process, and technology are the main characters in strategizing the market entry and understanding customer insight, competitors, and negotiation. However, it was also opportune that I was able to specialize in Entrepreneurship courses at Wharton. This was a game charger for me, as I was able to take courses like Innovation & Entrepreneurship, Entrepreneurship, and Legal Aspects of Entrepreneurship. Several aspects of the class have come in extremely useful. One of the biggest lessons we gained related to company formation – putting the right structures in place for marketing strategy, ownership, and issues among founders. These lessons provided us with a solid foundation for the company launch. As we shift focus to growth and seek outside investments in the near future, we expect to apply even more of the lessons gained during these classes.

What professor made a significant contribution to your plans and why? It was Stephen Sammut of the Wharton School, who taught Venture Capital and Entrepreneurial Management. During and outside his classes, he provided candid advice, helped in navigating key issues encountered, and provided information and other helpful resources we could tap into. He still continues to have an open door and serves as a resource for the team.

What is your long-term goal with your startup? Revolutionize the real estate marketplace in Africa by utilizing technology-based solutions to enhance the search, payment and closing experience of all parties involved in a real estate transaction.

DON’T MISS: THE MOST DISRUPTIVE MBA STARTUPS OF 2021