Venture Capital (VC) Funding
In Q4 of the simulation you and your team have the opportunity to seek Venture Capital (VC) funding to help your business grow. VC funding is one way of many to gain needed resources as your business scales and grows to the next growth stage.
In the real world, you as the leadership team will need to assess the current state of your business and determine what support you are going to need to help you achieve your growth goals.
Support can and should come in many forms and help solve multiple problems.
This can include but not be limited to, the leadership team growth, product/service development, finance, sales, and marketing.
In this discussion question, using the readings, personal examples, and other research that you conduct;
1) Select 1-3 types of resource support that you think would best fit your simulation company. You may use the resources for this unit as well as any additional research you complete, and personal experiences
2) Explain your rationale for these choices in relation to your simulation company’s values, mission, goals, and current place in game play. Would you use one or multiple resource sources? Why?
3) Discuss how you would present this information to the leadership team in your simulation company and present an outline of your strategy for accessing the resources you have identified.