{"id":40456,"date":"2016-03-30T09:19:22","date_gmt":"2016-03-30T13:19:22","guid":{"rendered":"http:\/\/webapp2.wright.edu\/web1\/newsroom\/?p=40456"},"modified":"2024-07-29T13:06:41","modified_gmt":"2024-07-29T17:06:41","slug":"card-game-business-wins-wright-venture-competition","status":"publish","type":"post","link":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/2016\/03\/30\/card-game-business-wins-wright-venture-competition\/","title":{"rendered":"Card game business wins Wright Venture competition"},"content":{"rendered":"<p>A story-driven, science fiction\/fantasy card game that holds the promise of expanding into comic books and video games won Wright State University\u2019s Wright Venture \u201cFace the Wolves\u201d business competition.<\/p>\n<p>Adam Wik, head of Galatune LLC, beat out two other competing teams during the second annual competition March 29 in the Student Union Apollo Room, winning a $5,000 loan.<\/p>\n<p>\u201cThis is phenomenal. This is surreal. It\u2019s still not sinking in,\u201d Wik said after winning the competition. \u201cI never thought something like this would happen. &#8230; This is a dream come true.\u201d<\/p>\n<div id=\"attachment_40461\" style=\"width: 470px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/webapp2.wright.edu\/web1\/newsroom\/2016\/03\/30\/card-game-business-wins-wright-venture-competition\/17213_335\/\" rel=\"attachment wp-att-40461\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-40461\" class=\"size-large wp-image-40461\" src=\"http:\/\/webapp2.wright.edu\/web1\/newsroom\/files\/2016\/03\/17213_335-508x329.jpg\" alt=\"From left, Barry James, president, CEO and portfolio manager of James Investment Research; winning student Adam Wik; and Joanne Li, dean of the Raj Soin College of Business. (Photo by Will Jones)\" width=\"460\" height=\"298\" \/><\/a><p id=\"caption-attachment-40461\" class=\"wp-caption-text\">From left, Barry James, president, CEO and portfolio manager of James Investment Research; winning student Adam Wik; and Joanne Li, dean of the Raj Soin College of Business. (Photo by Will Jones)<\/p><\/div>\n<p>Wright Venture is modeled after \u201cShark Tank,\u201d an ABC-TV reality competition series that features aspiring entrepreneurs making business presentations to a panel of potential investors.<\/p>\n<p>Wik, who has a <a href=\"https:\/\/business.wright.edu\/marketing\">bachelor\u2019s degree in marketing<\/a> from Wright State and is working on his <a href=\"https:\/\/business.wright.edu\/master-of-business-administration\">M.B.A.<\/a>, actually created the card game when he was 10 years old. He was urged by family and friends to take it to the market.<\/p>\n<p>\u201cThankfully, with my education at Wright State University, it lets you take that big leap from childhood dream to something you can actually execute in the market,\u201d he said.<\/p>\n<p>The <a href=\"https:\/\/business.wright.edu\/\">Raj Soin College of Business<\/a> created Wright Venture with the partnership of James Family Entrepreneurship program and the Wright State University\u00a0Foundation.<\/p>\n<p>The goal is to create a real-life, lasting experience that will be identical to an actual business startup. This experience includes: networking, mentorship, creative idea development, product design, service creation, financial management, business planning and marketing skills.<\/p>\n<p>During the competition, Wik pitched his business concept to a panel of five judges \u2014 wolves \u2014 who wanted to know if he was also targeting women as customers, how he expected to become profitable so quickly, and suggested that he sink as much money as possible into marketing.<\/p>\n<p>The Galatune game involves two to five players who each control a champion warrior. They fight each other at the same time and get points by defeating their opponents.<\/p>\n<p>\u201cYou have everyone reacting and moving in real time. It\u2019s more like an actual war where you have to predict and understand your opponents better,\u201d Wik said. \u201cI\u2019ve been playing games all of my life, and I haven\u2019t seen anything quite like this. It breaks a lot of conventions of the gaming industry in new and exciting ways.\u201d<\/p>\n<p>Wik said he will use the loan money to wrap up production and artwork so the game can hit the market in time for the holiday season. Galatune will also be featured at the <a href=\"http:\/\/www.agwsu.org\">GloryCon convention<\/a> held at the Wright State Student Union on April 23.<\/p>\n<p>The other two finalists in Wright Venture were Just Modern Tees, a team seeking financial support to produce T-shirts with graphics that highlight urban Midwest themes, and Shady Lake Visionaries, a video production business that focuses on the outdoors.<\/p>\n<p>Just Modern Tees, created by students Tyler Willis, Matt Fisher and Josiah McArther, won the Fan Favorite award. Gallatune won the Leader of the Pack social media \u201clikes\u201d award for its video.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The goal of Wright Venture is to create a real-life, lasting experience that will be identical to an actual business startup. <a href=\"https:\/\/webapp2.wright.edu\/web1\/newsroom\/2016\/03\/30\/card-game-business-wins-wright-venture-competition\/\" class=\"morelink\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":17,"featured_media":40463,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[722,729,748,2060,725,727,2050,715,4293,4908,720],"tags":[],"class_list":["post-40456","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-academics","category-around-campus","category-business","category-graduate","category-home-news-sidebar","category-homepage-photos-and-video","category-mba","category-news","category-student-union","category-supply-chain-management-marketing-and-management","category-video"],"_links":{"self":[{"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/posts\/40456","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/comments?post=40456"}],"version-history":[{"count":10,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/posts\/40456\/revisions"}],"predecessor-version":[{"id":40482,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/posts\/40456\/revisions\/40482"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/media\/40463"}],"wp:attachment":[{"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/media?parent=40456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/categories?post=40456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/tags?post=40456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}