InSITE recruits from four New York City schools: Columbia Business School, Columbia Law School, NYU Stern School of Business, and NYU Law School. InSITE does not have quotas to fill at the schools, but recognizes that there is benefit in diversifying across different schools and disciplines, and further recognizes that a balance of graduating and first-year/earlier year students is necessary for continuity.

Deadlines
Spring 2010 applications are due Monday, January 25 by 12:00 a.m. (i.e. no later than 11.59 p.m. Monday night) Interviews will take place the morning of Saturday, January 30. Please read this page in full for application details.

Written applications should be emailed to fellow_apps@insiteny.org. Please use the subject “ Fellow Application” and include the three components (resume, statement of interest, VentureBeat writeup) as a single attachment with your name in the title.

Selection Process
Applying to become an InSITE fellow is a two-part process, in which applicants are judged on the basis of their past experience, as well as their ability to contribute and learn from the program. The first stage is a screening application consisting of a resume, a brief (maximum one page) personal statement, and a brief (maximum one page) company write-up. After all the initial applications are reviewed, some candidates are invited back for 15-20 minute interviews and, subsequently, final fellow selections are made. Selection is highly competitive.

Selection Criteria
For both the written application and the interview, the Selection Committee will consider many factors when weighing the candidate, including:

1. Passion and dedication: a successful applicant must have the time, energy, and willingness to commit to an intense and demanding group such as InSITE, on top of all their other commitments at school.
2. Interpersonal skills: integrity, determination, leadership, charisma, composure, ability to communicate effectively, analytical ability, and other interpersonal factors.
3. Industry experience: in private equity, venture capital, starting a company, technology, engineering, operations, law (especially intellectual property law), or experience in other arenas that developed skills transferable to InSITE.
4. An applicant must agree to the terms and conditions of being an InSITE Fellow, which include the signing of a non-disclosure agreement to protect entrepreneurial IP, and may contain other items. An applicant is not technically a Fellow until he or she signs this document.

Application Deadline
The deadline for completing the Spring 2010 fellowship application will be 12:00 a.m. the night of Monday, January 25 (i.e. no later than 11.59 pm Monday night). Candidates should follow the instructions below in completing the application.

Written Application
To be considered, all applicants must submit the following:

1. One-page resume.
2. Statement of Interest. Answer the following in a Word doc of one single-spaced page: “What will you bring to InSITE? What do you hope to get out of InSITE? What kind of commitment can you make to InSITE?”
3. VentureBeat write-up: Create a Word doc, no more than one single-spaced page, detailing any one of the investments covered in the VentureBeat articles below. The write-up can be in bullet-point form, as long as rigorous thought is reflected. Address the following: “Analyze any investment that got done. Would you have done the deal? Why or why not? What additional information would you want before deciding? What are the interesting issues involved with this deal?” While it is important to point out additional information that you would like to have before making a final decision, please take a position on the investment and defend it strongly using rigorous analysis based on the information provided in the write-up along with general industry knowledge and any of your own experience. Please note, you are not expected to do outside research to answer these questions. We are more interested in your analysis than your conclusions. For the company write-up, pick a story from one of the following:
   • VentureBeat Story 1
   • VentureBeat Story 2
   • VentureBeat Story 3
   • VentureBeat Story 4

   Note for Past Applicants: For those applicants who applied for InSITE in the Fall of 2009 have the option to resubmit their old write-ups. The following three stories were available last semester. New applicants must pick from the four above.

   • VentureBeat Story 1 (Fall 2009)
   • VentureBeat Story 2 (Fall 2009)
   • VentureBeat Story 3 (Fall 2009)

Applications should be emailed to fellow_apps@insiteny.org. Please use the subject “ Fellow Application” and include the three components — resume, statement of interest, VentureBeat writeup — as a single attachment with your name in the title. All applicants will be notified of their interview status by Friday, January 29.

Interviews
Interviews will be the morning of Saturday, January 30 in Midtown. Each applicant will be interviewed by members of the Selection Committee for 15-20 minutes.

For the interview, no technical knowledge (such as higher math skills or industry-specific technology) will be required. It may be helpful, though, for applicants to understand the basic goals of entrepreneurs and venture capitalists.

Dress is business casual. You really don’t have to wear a suit; we won’t be. All candidates will be notified by e-mail of their status no later than 12 a.m. on the night of Sunday, January 31.

As an applicant, you are expected to be in town and available for an interview the morning of Saturday, January 30. It is entirely at the discretion of InSITE whether to make alternate interview arrangements for you should you advance to the interview round. (Exceptions will be made for religious observance.) If you have an unavoidable conflict, please note this as an addendum to your personal statement.

The InSITE Commitment
All prospective InSITE Fellows must be prepared to commit either their Tuesday or Wednesday evenings for the next two academic years to InSITE. If there is a class you simply must have on both Tuesday and Wednesday, in either the Fall or Spring term, this year or next, please do not apply. InSITE will normally meet in Midtown between 7 p.m. and 10 p.m., and we’ll often go out for dinner/drinks afterward, so please leave your entire evening free. We do break for holidays as indicated on the schedule.

All InSITE Fellows must sign a standard non-disclosure agreement to protect the companies we work with during the year. Recognizing that we sometimes have involvements with other companies during the school year, there is a mechanism to recuse oneself from any given company. If you are unwilling to sign a general NDA on principle, please do not apply.

Application FAQ
Still have questions about the application process or InSITE in general? Visit our frequently asked questions page.

Disclaimer
InSITE is, technically, a social club that is focused on the entrepreneurial finance process. We have attempted to make our decision process as transparent and fair as possible, but all decisions are final regarding the application process. InSITE reserves the right to accept or refuse any applicant as a fellow of InSITE. InSITE makes no commitment to any applicants of assured entrance into the organization.