Foldio - A cool way to teach Venture Capital
Recommend on Google+
I also did this today with my Year 12’s.
After a bit of ‘teacher talk’ on what venture capital is, I showed the students a 10 minute clip from Dragons Den, the Foldio.
Gave them all a mini-whiteboard I did, asked them to write down the benefits to Christian (the guy who came up with the idea) of venture capital and the drawbacks in this instance.
We then discussed what the students thought.
If you havent seen this clip, make sure you give it a whirl (link above). He ends up giving away 35% of his business instead of the original 15%. Theo comes up with some corkers. I will mentor you, support you, bring your product to market quicker than everyone else, all for 35%!
One of my students even said that they thought Theo may exert to much influence on Christian, reducing his independence and steering the business in other directions.
Anyway, Christian takes the bait, hook, line and sinker.
I then put the kids into small groups and asked them to answer a simple question. Did Christian make the right decision?
Then, for a homework, due in this Monday, I gave them:
To what extent was Christian right in accepting the £80,000 venture capital from Theo (15)
Pure application, analysis and evaluation.
Job done…....................
blog comments powered by Disqus
Dragons Den - the board game [2 Jan 2012]
Luke Johnson on sources of finance for a startup [29 Aug 2011]
Insights from an Entrepreneur - Kirsty Henshaw (Worthenshaws) [8 Jan 2011]
From crisps to vodka - a profile of a down-to-earth entrepreneur [7 Jan 2011]
Was this the worst mistake ever made in the Dragon’s Den [5 Jan 2011]
Kirsty Henshaw to speak at the Business Teacher National Conference 2011 [21 Dec 2010]
Meeting the entrepreneur behind Magic Whiteboard [6 Sep 2010]
Lesson Worksheet - Financing Business Growth [16 Jul 2010]
Forget vouchers or stamps - give your customers some shares… [9 Jun 2010]
Revision Presentation - Balance Sheet Basics [30 Jan 2010]
Q&A - Is there an optimal level of gearing? [5 Jan 2010]
Revision Quiz - Gearing [5 Jan 2010]
Sources of Finance - ManUtd Look to Change their Formation [3 Jan 2010]
Revision Presentation - Raising Finance for a New Business [30 Dec 2009]
Business angels take flight - just when small businesses need them [12 Jul 2009]
Do The Dragons Get It Right? [1 Jun 2009]
The Dragons got this one badly wrong - the entrepreneur that got away [29 May 2009]
Q&A - Should a start-up raise investment from outside investors? [27 May 2009]
Q&A - What are the main things to consider when obtaining finance for a start-up? [26 May 2009]
Sources of finance: PLCs turn to their shareholders [11 May 2009]
Q&A - What is share capital [2 May 2009]
Video case study - Business Angels [1 May 2009]
Q&A - What is the difference between long-term, medium-term and short-term finance? [1 Apr 2009]
A couple of quick starter quizzes on Dragons Den [23 Sep 2008]
Rapstrap becomes Dragons Den’s Biggest Success to-date [17 Sep 2008]
Insights into a good business idea from the thoughtful Dragon [1 Sep 2008]
Dragons Den - The Deal that Floated Away from the Dragons [27 Aug 2008]
Butlins benefits from the domestic holiday boom [1 Aug 2008]
Meet the business studies student who made £40m from hiring caravans… [16 Jul 2008]
Do takeovers by ‘private equity’ firms destroy jobs? [28 Jan 2008]
BUSINESS TEACHER RESOURCE NEWSLETTER
Get first news of business teaching resources, ideas and other materials from tutor2u. Over 9,400 business teachers from the UK and around the world receive our regular teacher email newsletters. Sign up for free here!
