Quiz: Rapid Investment Memo Summarization

Question 1: What are the three core pillars the 5-bullet summary should focus on to help an executive make quick decisions?

• Marketing budget, office location, and CEO’s education
• Risks, IRR (Internal Rate of Return), and Exit Strategy
• Font size, page count, and document date
• Social media followers, employee count, and software used

(Correct: Risks, IRR (Internal Rate of Return), and Exit Strategy)

Question 2: Why is it important to use a standardized prompt template for summarizing memos?

• To make the AI work slower and more carefully
• To ensure the output looks the same every time, making it easier to compare deals
• Because AI cannot understand documents without a template
• To prevent the AI from reading the entire document

(Correct: To ensure the output looks the same every time, making it easier to compare deals)

Question 3: What is the ‘Trust but Verify’ rule in the context of AI summarization?

• Never use AI for anything related to money
• Assume the AI is always 100% correct without checking
• Use the AI summary to find the specific pages in the original document to double-check key figures
• Only use AI if your lawyer has already read the document

(Correct: Use the AI summary to find the specific pages in the original document to double-check key figures)