In most entrepreneurship exercises, students are the entrepreneurs. In this interactive exercise, the tables are turned: teams of students are angel investors, who compete against each other to allocate their seed funding. The exercise involves two rounds of a real-time simulation using google docs and portfolios of 1-page executive summaries. At face value, the objective of the simulation is to perform better than other teams, including guest angel investors. The pedagogical value includes helping increase awareness of the criteria by which their own ideas are judged. The debrief also helps students learn the motivations for angel investment deals