Going forward, what are the most serious challenges facing Birchbox? Which of these challenges do you believe is the most threatening to the firm’s success? Why?
Answer to relevant QuestionsWhy is the problem of bringing light to people who don’t have access to reliable electricity not being tackled in a meaningful way by a large lighting company, such as GE (General Electric) or Philips? Who reads the business plan and what are they looking for when doing so? Why do you think start-ups launch and distribute stock to founders and others members of their new-venture team without vesting schedules? Is a sole proprietorship an appropriate form of ownership for an aggressive entrepreneurial firm? Why or why not? What are the advantages and disadvantages of a limited liability company?
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