On VC Day of the final business simulation project in the EMBA program at UMD-Smith, alumni are invited back to act as venture capitalists at a VC Fair. I’ve been doing this each year since I graduated from the program in 2010 and this has been my favorite year as a VC so far because I felt like all of the teams were really competitive and passionate about it. Each team gives a 15-minute presentation/Q&A and then a luncheon is set up where investors can mingle and negotiate with the teams, who can ask for up to $5M in VC funding. There were four teams in my blue universe and I had a hard time figuring out who should get my $1.6 million (it’s a different amount each year). Typically, I know which team I like best going into negotiations and go straight for them. But this year, I ended up eating lunch first and talking to three of the four teams. Since I felt like they were all pretty evenly matched, I invested in the team that gave me the best stock price – because honestly, this game is a crap shoot… it’s hard to predict how it’s all going to shake out! If I make some money, I’ll be happy. But if I win the VC competition, apparently I get bragging rights forever!