Question: In this live, web - based simulation, you'll play the role of a founder of a new start - up company in the exciting and
In this live, webbased simulation, you'll play the role of a founder of a new startup company in the exciting and competitive clean tech sector. As part of the simulation, you'll set prices, determine how many engineers and sales people to hire, and establish compensation, including salary, stock, options, and profit sharing. As part of your experience, you'll explore how you can build your technology into a successful company. You may choose to pitch your firm to venture capitalists or to bootstrap and remain employee owned. You may win customers and become cash flow positive before you run out of funds. You succeed and take your firm public. There are many opportunities as the founder of the company. There are many opportunities to explore in this project! InstructionsThe purpose of this activity is to explore the challenges of a startup company in a demanding, competitive environment, including financial, human resource, strategic, and other decisions. To start, watch this instructional video. When you are ready, visit CleanStart: Simulating a Clean Energy StartUp and select Play Simulation. For the assignment, submit a report or reports about your experience using the simulation.
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