Charlie Berry, Shelly Toombs, Nancy Harder, James Ndofor, Jennifer Atwood, and Cliff Bell are all experienced software engineers. For some time, they've been talking about starting a company-the six of them-around a software solution in which all of them have an interest. Based on materials in this chapter, what challenges do you anticipate these six people will likely encounter cofounding a firm?
Answer to relevant QuestionsBeatrice Watts is interested in launching her own bakery in her community. She has long wanted to do this given her interest in baking and her desire to use some of the recipes she learned watching her grandmother cook when ...How should Nick Swinmurn, Zappo’s founder, be described in terms of the qualities of a founder that are discussed in this chapter? Examine the problems that DrawQuest encountered. How could the company have avoided or navigated around each problem? To what degree do you agree with the basic premise of the feature that Startup Weekends represent a fertile place to meet business co-founders? Describe the purpose of an initial public offering (IPO). Why is an initial public offering considered to be an important milestone for an entrepreneurial firm?
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