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148 inventors and investors game

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As a venture capitalist, you need to
ask the inventors some questions to
make sure you’re putting your
money in the right place. Here are
the questions.
Q1. So what’s your business all
about?
Q2. What makes your invention
unique? (=What is your unique
selling point?)
Q3. Why would someone need your
invention?
Q4. Are there similar products on
the market?
Q5. How much money do you need,
and how would you spend it?
Q6. What could be potential
shortcomings of this idea?

The competing
inventions:
1. Foldable bicycle
2. Airbag for the
elderly
3. Lip straw
4. Butter stick
5. Dog spyhole
6. Sponge mic

Task 1. You and your


partners are investors, and
you want to invest money
into start-up companies. You
are meeting venture
capitalists today. Decide
who you are going to give
the biggest sum of money,
who to give he second
biggest sum, and so on.



The venture capitalists are going to
ask you some questions. Think
about them before the meeting to
be prepared. Use your imagination
freely.
Q1. So what’s your business all
about?
Q2. What makes your invention
unique? (=What is your unique
selling point?)
Q3. Why would someone need your
invention?
Q4. Are there similar products on
the market?
Q5. How much money do you need,
and how would you spend it?
Q6. What could be potential
shortcomings of this idea?


The competing
inventions:
7. Foldable bicycle
8. Airbag for the
elderly
9. Lip straw
10.
Butter stick
11.
Dog spyhole
12.
Sponge mic

Task 1. You and your
partner are inventors, and
you need money to mass
produce and market your
product. Along with five
other inventors you are
meeting venture
capitalists today. Convince
the investor to choose to
invest into your invention.



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