We really like your concept, and are sorry it came so late as we were unable to give feedback earlier.
Here is what we like: It is distinctive It is elegant
We are looking for our final logo to be something that gives associations like, "Ivy league," "classic," and "elite." Do you have any innovations on this concept that could bring it closer to giving those type of associated feelings?
This gives more of an eastern philosophy impression at first glance.
As a head's up, we are working on our website this weekend so we will likely end this portion of the contest Saturday evening. If you have any additional concepts you would like to submit please do so by end of day Saturday!