Print Page   |   Sign In   |   Register
Exploring A New Normal: Making Investment Decisions Under Extreme Uncertainty
Tell a Friend About This EventTell a Friend
Exploring A New Normal: Making Investment Decisions Under Extreme Uncertainty

 Export to Your Calendar 8/27/2020
When: August 27, 2020
11am EST
Where: Zoom
https://aspeninst.zoom.us/j/92667355791?pwd=STZXRE52N0lEcFJOelhXajF4Q3B5dz09
Contact: Juliana Rubio

« Go to Upcoming Event List  

Even in the best of times, early-stage equity investors make decisions with little information and in highly uncertain conditions, particularly when investing in frontier markets and/or founders that have little track record. Given the heightened uncertainty of the COVID-19 pandemic, especially in markets where economic conditions were already precarious, we will host a virtual event that incorporates: 1) a workshop where investors will try new evidence-based decision-making practices; and 2) a panel of experienced investors to share how they evaluate deals, and from academia to share how decision-making practices may affect investment outcomes. 


The COVID-19 pandemic has only exacerbated uncertainty and introduced new challenges for investors, demonstrating that there will likely be no return to “normal,” but instead a new reality and new paradigm for investment decision-makers. Investors are no longer able to conduct site visits, among other newfound obstacles, making high uncertainty an increasingly relevant topic to address in the investment community.


Agenda

Introductory remarks

Independent deal evaluation

Simulation “Investment committee” discussions

Panel/group discussion debrief

Wrap-up


In this highly interactive workshop, participants will be asked to evaluate two startups, using some best practices and then go into breakout rooms to simulate “investment committees” in which they will discuss their evaluations with other investors. The exercises will provide a learning-by-doing experience for investors to assess deals with limited, online information using different best practices. 

 

The panel will bring together funders, investors and academics to discuss how they are navigating and evaluating deals as the COVID-19 pandemic ushers in a new reality, and the common practices they see investors using to evaluate firms in frontier markets. They will discuss these practices with academic researchers that have studied the effect of some evaluative practices on investments. The researchers will share some of the latest insights from academic work on how uncertainty can impact the quality of decisions people make, and some practices that appear to help.


Note: this is an invite-only event to ANDE members and investors