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A group of potential investors listen to a presentation at the Rice University Business Plan Competition.(Fortune) -- For most entrepreneurs-in-training, the best part of a business plan competition is the feedback from judges who pitch and scrutinize business ideas in the real world. But the judges also benefit: Events like these are ideal grounds for casing new ideas and networking with peers.

At the recent Rice University Business Plan Competition in Houston, two judges, both seasoned venture investors, riffed with Fortune on the state of today's venture capital market, and what they look for in a business pitch.

Ed Olkkola is managing director of Teakwood Capital, a private equity buyout fund. Olkkola built his career at Motorola and Compaq before creating the hardware and systems practice at Austin Ventures. He has served as a judge at the Rice contest for seven years.

To read the full, original article click on this link: What the experts want from your biz pitch - Apr. 23, 2010

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