VC Flair - A fantasy VC league

Thanks @_jacksmith for your feedback. On the rules: yes, you are right... Thing is, on the one hand I did not want to make it look too complicated and intimidating. I was thinking of providing additional details once the first results are in (i.e. when people will - hopefully! - really want to understand what happened). They will then be able to adjust their choices for the following months. On the valuation limit: there is indeed a $250m limit if you want to be in the "advanced league". The "switch" happens automatically if your portfolio only features company that fall below this threshold. On the "insiders" thing: yes, you are absolutely right. But it could become a real challenge to set this up. The information is not always readily available, and it could be difficult to draw the limit (e.g. this person is a close friend of that one and she works in this company, etc.). So I guess we all need to keep in mind it's for fun, nothing more :-). On the wrong valuations: this one is a mistake I guess. Thanks for pointing it out. One thing though: all these valuations are estimates anyway. Some are "better" estimates since they have been shared publicly with the media. For the others, I am just applying a multiple to the total funding to date - so it's just a proxy. The whole idea of the game is that by playing, people will set the valuations of the companies. Each month, I will update the valuations based on the average set by the players (when you pick a startup, you need to say how much you think it should be worth).

Cool idea - but I was a little confused by whether I should be creating a portfolio of companies that I think will go up in value, or creating a portfolio of companies that I think I can accurately guess the valuation of. Unless I've just got the complete wrong-end of the stick, it seems like points are awarded for accurately guessing valuations, rather than accurately guessing undervalued companies.