As you may know, my friend and co-founder of Magoosh, Hansoo Lee, passed away a little over 2 years ago after a 15-month battle with non-smokers lung cancer. He had an incredible impact on the world around him and on me.
After Hansoo’s passing, his fiancee (Wendy Lim), our classmate and former Magoosh co-founder (Pejman Pour-Moezzi), and I created a Fellowship to honor his memory by supporting entrepreneurship. We’re now in the 3rd year of the Fellowship, and we recently selected this year’s fellows.
The applicant pool continues to get stronger each year. We narrowed the applicants to four companies who each pitched to a selection committee consisting of members from the Berkeley-Haas entrepreneurship team and Haas alumni who are active entrepreneurs. Each finalist had a unique and compelling story and demonstrated an incredible amount of passion. We ultimately chose two recipients who will each receive a $5,000 stipend and mentorship from our network of entrepreneurs and investors. The two winners are 180Eats (Megan Mokri, MBA ‘16) and LiftED (Andrew Hill, MBA ‘16).
About the Winners
Andrew said: “The fellowship is instrumental in enabling me to work on LiftED full-time this summer and, more importantly, illustrates Bhavin’s, Wendy’s, and the steering committee’s belief in our vision at LiftED. We want to make a substantial impact on the lives of students, who are otherwise at a disadvantage as compared to their general education peers, and we greatly appreciate the support of the Hansoo Lee Fellowship.”
Megan said: “I’m honored to receive the Fellowship, as it goes a long way in allowing me to pursue 180Eats full time while finishing up my last year in the evening and weekend program.”
Lastly, we’ve now raised nearly $250,000 of our $260,000 target at which point the Fellowship becomes endowed (i.e. we can support entrepreneurs for years to come just based on interest). You can learn more about the Fellowship and donate by going here.
Update as of May 18, 2015
We are also pleased to announce that Hanmin Lee and Barbara Morgenthau have committed $5,000 towards a challenge match for the Hansoo Lee Fellowship. Any donation given to the fellowship by June 30, 2015, up to the $5,000 total, will be matched dollar-for-dollar.
Read about Bhavin’s take on company culture at Magoosh: