Class #12 - Panel Feedback

In our final class, I gave 1,000,000 BUS477 dollars to each of our six guest investors.  Based on the presentation alone (e.g. no business plan or other prior knowledge of the business), they could invest in up to 5 of the opportunities.  How they chose to allocate their cash was left up to them.  Unfortunately, their cash evaporated after class, so there was no incentive to not invest the funny money I gave them. 

The intent of this exercise was to demonstrate how investors behave in the real world.  It was also intended to give you a feeling of how effective your business idea was in the eyes of real investors.

Here is how our panel allocated their funds:

 

Team Guest #1 Guest #2 Guest #3 Guest #4 Guest #5 Guest #6 Total
SMI 250     150 200 100 700
Ludus           100 100
Celo              
Rogue   400 400 150 200 400 1550
BE              
AcousticAid         200 200 400
Kuumba 250 300 500   200   1250
Omnitech 250 100   150 200 200 900
FizzyLogic              
Sbag     100 150     250
left over 250 200 0 400 0 0 850

 

Notes:

  • How important is your "pitch"?
  • How important is how you dress?  Your presentation skills?  Your props?  Your creativity?
  • Did the best ideas get funded?  Why?
  • Did any good ideas not get funded?  Why?
  • Why did some of the investors not invest all of their money?
  • How did your idea fare from the oral and written perspective? (e.g. did the high scores here correlate to the teams that were nominated to the Ken Spencer competition?)