Recently, Megan, Jennifer, and Mark, the co-founders of a medical products company, presented their business plan to a group of investors in the hopes of receiving funding for their venture. One of the investors asked the three, “How much of your personal money do each of you have invested in this firm?” Is this a legitimate question for the proposed investor to ask? Why would an investor want to know how much of their own money each co-founder has committed to the proposed new venture?
Answer to relevant QuestionsPatty Carroll is thinking about opening a high-end fashion boutique in an affluent suburb of Minneapolis. She contacts an angel investor she knows has previously invested in this type of firm and asked if he would read her ...Why 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? What are the differences between a summary business plan, a full business plan, and an operational business plan? What similarities do you see between the partnership philosophies of Patagonia and Build-a-Bear Workshop. How is a C Corporation subject to double taxation?
Post your question