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.. As a venture capitalist, you need to
Trang 2The 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.
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?
Trang 4The 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.
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?