An entrepreneur is in the process of contacting three different venture capitalists and asking each to evaluate her new business proposal. What questions should she be able to answer about each of the three?
Answer to relevant QuestionsAn entrepreneur of a new venture has had no success in getting financing from formal venture capitalists. He now has decided to turn to the informal risk capital market. Who is in this market? How would you recommend the ...1. Would a commercial banker be willing to lend money to the Abramses? How much? On what do you base your answer?2. Would this venture have any appeal for a venture capitalist? Why?3. If you were advising the Abramses, how ...What are the specific advantages and disadvantages associated with each primary legal form of organization?What is a limited liability company?Identify and discuss three of the psychological characteristics that help an entrepreneur identify and describe customers. Also, explain how the product life cycle will affect the purchasing behavior of these customers.
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