ChatChat (VC Version) Case Solution
This is a role-play case, meant for usage in a management advancement course for MBA trainees. The case has 4 functions: 2 for trainees playing the co-founders of a start-up and 2 for students/coaches playing the investor choosing whether to offer seed financing. There are 2 variations of the case, one for trainees participating in the co-founders (L-25CF), and one for those participating in the investor (L-25VC). Although both variations of the case consist of similar background info for the role-play, L-25CF consists of extra details that is offered just to the co-founders and L-25VC consists of extra info that is offered just to the investor.
The co-founders should obtain and comprehend the highlighting issues of the investor, choose the best ways to respond and attend to those issues, and assure the investor that a seed financial investment pays. All trainees have the chance to show active listening, questions, and feedback relating to the issues and propositions to resolve them. All 4 people in the function play have differing goals and rate of interests and have to handle the expectations and understandings of the various other in a way that might be assertive, collective, or both.
Knowing Objective
This case offers trainees with practice in active listening, questions, and feedback as aspect of settlement.
The role-play goals specified in the event could be achieved if the trainees participating in the co-founders effectively determine and attend to the concerns and issues of those enjoying the investor.
This is just an excerpt. This case is about Business
