Some important ideas investors took away from our pitch was what our space company’s mission was, and how we were going to achieve it. In our pitch, we showed the investors our website and explained to them in detail about who we were, what our mission statement was, and details of our mission like the timeline and our individual roles in the project. This way, investors would know what they were investing in. I don’t think the investors were very surprised or confused about anything in our pitch because they didn’t react that way. Sometimes they had a few questions and we would always answer that, but some investors said we would answer their questions before they even asked them. I think sometimes when an investor has a question that they will ask us to help decided whether or not they want to invest in a company. So maybe during our pitch, when an investor asks us an important question and we give them our answer, that might have helped them decide to invest in our space company. All the investors that we pitched our idea to was pretty open and interested about our idea, so I don’t think they weren’t not interested in us. But to make our space company stand out, we would have to make sure we capture their attention with a hook, and explain our company’s mission to them in a way that wasn’t boring. Although I think our pitch went really well, I think we could have improved on the transition between one person speaking to the next so that our pitch flowed more and investors could follow along more easily.
Driving Question Response:
Some interesting things I learned in the unit Project Space Race is the Space Race. The Space Race was related to the ongoing Cold War between the US and Soviet Union, and these countries were competing to see who would be able to achieve and dominate more of the space industry. This helped me learn and understand a lot more interesting things that we talked about in this unit. For example, we read a book called “Maggot Moon” for a book discussion in this unit. It was about a boy who lived in the Soviet Union, and what that was like for him. He then discovers something that the government is hiding from them and has to uncover the mystery. Both this book and background information that we learned prior to reading it has helped me further my understanding of the Space Race, and what it was like for both countries. Another thing learning about the Space Race helped me understand is how the outcome of this competition shaped the way the space industry is today. In the modern world, the largest space companies are all in the US, and this is partly because the US ultimately won the Space Race. This helps me and my group because by learning about how the Space Race affected the space industry today and about “Old and New Space”, we can help build our own space company with ventures that investors will be interested in.
Before Project Space Race, I didn’t know a lot of things about the Cold War, or the Space Race. But after this unit I now know that the Cold War was the tension between the US, Soviet Union, and their allies after World War II. The Space Race was the competition these countries had to see who would achieve more and dominate the space industry. At first, the Soviet Union was in the lead, sending spacecrafts into orbit and animals into space. This was because they used technology for missiles to build their spacecraft, and it spread fear among people in America. However, the US ultimately won the Space Race because they were able to send the first man onto the moon. Another way that my thinking has changed was deciding the mission for our Space Company. Throughout this project, we had to complete tasks where we would have to focus and write about something, for example a rover that is sent to Mars. For these tasks, I would always just write about my “default planet”, which was Mars. I thought that Mars would be as interesting as it gets, because scientists are exploring signs of life and its’ habitability. I never thought to further explore any other planets, let alone any other bodies or masses in space. So when my group and I was deciding what planet we should focus our mission on for our private Space Company, my immediate suggestion was to go to Mars. However, we all dug deeper and found out that we didn’t just have to go to a planet, we could also go to moons. In the end, my group and I found Dione, which is one of Saturn’s moons, and we think it’s far more interesting than Mars because there may be water ice beneath Saturn’s surface.
Looking back on this project, I realize that the most important thing was learning how to be independent in and with your group and to be creative when you are starting your own company. The whole project was leading to you and your group creating your own private space company, to come up with a mission that you had to pitch to investors and get them to invest in you company. In order to do that, you have to know how to function by yourselves without having a teacher help you with everything, because YOU are the one starting a company and building a website. You need to organize and plan out your schedule to make sure you get everything done on time, and you have to know your company and mission well enough to present it to investors. You also have to be creative, because in order to get investors to invest in you and give you money, you have to stand out to them and be creative. Our company didn’t choose Mars because we know a lot of private space companies today are already interesting in Mars. So our group found a more interesting moon, and this way we could capture the attention and interest our investors more. Overall, I learned a lot during this project, and I had a lot of fun working with my teammates to create our own space company and to build our own website.