Students began taking part in a financial market simulation today to value their businesses. Each of them is able to act as an investor in any of the businesses except their own, gaining exposure to the challenge of evaluating new ventures. Each team was given an opportunity to pitch their idea to their classmates to try to get the most investor money.
Businesses with high potential see a high initial “stock price”, while those viewed to have less potential by their classmates will be lower. This is intended to act as an early opportunity for teams to learn from market feedback and react accordingly.
The investor simulation has two additional times for teams to pitch updates to their business and for students to adjust their investments. Ultimately, they want to be holding shares of the teams that are scored highest by the judges at the final pitches to get the highest return.