1) Describe in detail the product / idea that is being pitched (presented) by the entrepreneur(s) to the dragons. (3 marks)
2) Discuss how the entrepreneur(s) came up with the idea for his / her / their product? (2 marks)
3) Do you think this idea will work as a product / service? Provide support for your answer (at least three points to support your answer). (3 marks)
4) Did the Dragons agree or disagree with you (your answer in question #3)? Explain your answer. (Make sure you provide detail here. Did all dragons love (or hate) this product idea? Did they disagree? Why did Jim like (or hate) it? The other dragons etc.?) (3 marks)
5) What does the entrepreneur(s) want from the Dragons (and think about everything – not just the money / investment)? (2 marks)
6) What do the Dragons want to know from the entrepreneur(s) before they will invest in the entrepreneur‘s business? (Again, provide the details! What were the questions the dragons asked? Do not answer this question with a generic answer.) (3 marks)
7) What was the specific deal the entrepreneur(s) was / were proposing (how much money did they want in return for what percentage of ownership)? (2 marks)
8) Review the types of financing for small businesses / new ventures in the text (pages 128 - 130, Chapter 5 plus extra PowerPoint shown in class).
Sample Solution