Class #12 - Panel FeedbackIn 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:
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