On Accounting and Strategy October 23, 2007Posted by Timothy Li in Master of Business Entrepreneurship and Technology, MBET, wind.
A busy month has gone by the MBET program. Two highlights of the month are:
1. each student group picked a local public company and analyze the financial sheets. We will proceed to visit each company in the second phase and in the end meet up with the company executive team to discuss whether we would invest in the company.
A rather odd observation is that two local software companies showed extremely similar trends – haven’t been doing very well for a very long time, but have turned around and performed quite well in the past two years. Perhaps this is simply following the trend from the entire software market place. Or perhaps it tells something spectacular about Waterloo’s local tech community.
2. each student group picked an upcoming electric vehicle and presented its competitive position and advantage in front of a panel.
One observation from this presentation is that most of these electric vehicles are either sports cars, or down right budget vehicles. Hopefully these are simply the result of differentiation entrance strategies, because I would eventually like to drive an electric vehicle, a slick one, but not that crazy.