Question 1

How does the startup competition work?

Accepted Answer

Each participant will run a virtual business, making strategic decisions on funding, marketing, and growth. The goal is to finish the game with the most money.

Question 2

What are the rules of the game?

Accepted Answer

Read here: https://tournament.smartfounders.io/how-this-works Detailed rules will be provided at the start of the event, and there will be moderators to assist with anything related to this.

Question 3

How is networking incorporated into the event?

Accepted Answer

Networking is a core part of Venture Vault. In between game sessions and during breaks, there will be designated networking opportunities where you can connect with other founders, investors, and industry leaders. The game itself is designed to encourage interaction and collaboration, so you’ll have

Question 4

What happens if I don’t win?

Accepted Answer

Even if you don’t win the competition, you’ll gain valuable experience, insights, and connections. The networking alone could lead to new opportunities, partnerships, or funding. Plus, you’ll learn from others in the community, which is invaluable in itself. You can always play again.

Question 5

How can I maximize my chances of winning?

Accepted Answer

Focus on making smart, strategic decisions that balance risk and reward. Engage with other participants to form alliances, seek advice, and learn from their experiences. Remember, the competition is as much about strategy as it is about networking and learning.

Question 6

What if I have questions during the event?

Accepted Answer

We’ll have moderators and staff available throughout the event to answer any questions you might have. They can help clarify rules, guide you through the game, and assist with anything else you need.

Question 7

Can I participate if I’m not familiar with running a business?

Accepted Answer

Absolutely! The game is designed to be accessible to everyone, regardless of experience. Whether you’re a seasoned entrepreneur or just starting out, you’ll find the game engaging and educational. Plus, it’s a great opportunity to learn from others.

Question 8

What’s the best way to prepare for the event?

Accepted Answer

Come with an open mind, ready to engage, learn, and connect. Familiarize yourself with common startup challenges, but most importantly, be ready to network and have fun! The event is as much about building relationships as it is about competition.

Question 9

Important Notice: For Those that are Color Blind

Accepted Answer

Important Notice: Some cards in this game may not be easily distinguishable for color-blind individuals. We recommend using a color-blindness filter app or alternative visual cues for a better experience.

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