Marc Farrell
Chemical Engineering graduate from MIT, with MPhil degree from University of Cambridge. Currently pursuing MBA at Harvard. Co-Founder/VP Strategy and Business Development at Caribbean Axis.
| Headline: | Entrepreneur |
| Work status: | Full-Time Student |
| Industries: | Entertainment, Internet, Lifestyle, Media, Retail, Sports |
| Skills: | Chemical Engineering, Engineering |
| Location: | Boston |
| Groups: | HBS Entrepreneurship Club |
| Interested in: | Brainstorming, Employment opportunities, Finding business partners, Finding cofounders, Finding experts, Finding team mates, Joining a startup, Meeting new people, Professional opportunities, Raising money, Recruiting for my startup |
| Tags: | caribbean, consumer tech, entertainment, media, Sports |
| Schools: | Harvard Business School, Massachusetts Institute of Technology, University of Cambridge |
WORK EXPERIENCE
| Employer: | Caribbean Axis, Pan-Caribbean |
| Position: | Co-Founder/VP Strategy and Business Development |
| Time period: | January 2007 - Present |
| Description: | • Presently working amongst a 3-person founding team to lead the development of the first Caribbean-focused unified online destination of its kind, which brings together information, products, and services in key categories to create a central portal and networking forum for the Caribbean community both at home and abroad |
| Employer: | Fidelity Equity Partners, London UK |
| Position: | Investment Associate |
| Time period: | January 2007 - December 2008 |
| Description: | • Worked closely with Fund Principals to evaluate new investment opportunities and present relevant findings through a combination of deal sourcing, market assessment, company due diligence and valuation
• Supported deal execution as necessary, evaluated the post-acquisition performance of portfolio companies, and played an active role in the marketing of the fund. |
| Employer: | Bain & Company, Boston, MA |
| Position: | Senior Associate Consultant (Ranked in 1st ‘Bucket’; 16 cases completed; Selected experience below) |
| Time period: | January 2004 - December 2007 |
| Description: | Full Potential strategy for $1B portfolio client in the specialty chemicals space
• Directly impacted CEO-level pricing negotiations through the evaluation of strategic raw material sourcing alternatives based on predicted future demand, proposed contract structures, and fungible nature of inputs. • Created profiles of key competitors based on their stated strategy, competitive advantages, relative cost position, and financials. Identified potential industry ‘end states’ and strategic implications for client Product portfolio optimization and ‘trade-up’ strategy for $3B global consumer products company • Led the development of a model to help the client optimize the price points of products in their future portfolio, thereby driving consumer adoption of more economically favorable products. • Worked collaboratively with Director of Market Research to build consensus around analytical approach. End-result was incorporation of model output into 5-year global strategic growth plan. Organizational Leadership • Captain of “Bain World Cup” Northeast soccer team: Drafted and managed the budget for the single largest event in the global Bain system; On-field captain of victorious Bain Northeast team in global tournament. • Associate Consultant Trainer (2005 & 2006): Trained and mentored incoming associates at the firm. |
| Employer: | MIT Sloan School of Business, Cambridge, MA |
| Position: | Undergraduate Researcher |
| Time period: | January 2002 - December 2003 |
| Description: | Investigated the social psychology of business negotiation, including the impact of cultural influences on negotiation strategy and the resulting outcomes |
EDUCATION
| University: | Harvard Business School |
| Time period: | 2008 - 2010 |
| Degree: | MBA |
| University: | University of Cambridge |
| Time period: | 2003 - 2004 |
| Degree: | Technology Policy, MPhil |
| University: | Massachusetts Institute of Technology |
| Time period: | 1999 - 2003 |
| Degree: | Chemical Engineering, BSc |
INFORMATION
| Hobbies: | Enjoy football, basketball, soccer and tennis. Independent travel to more than 35 countries. Actively involved in community service, Caribbean development, and entrepreneurship |
Marc's Contacts (2)
View all-
Damion Duncan
BSc in Manufacturing Engineering at The University of Trinidad & Tobago.
-
Clint Sieunarine
DPhil in Computer Science, Software Engineering Department.