The “You Be the VC 3.1” feature focuses on August Smart Lock, a company that will enable users to control the locks on their homes or apartments via a smartphone. What are some of the main assumptions that August’s business plan is based on?
Answer to relevant QuestionsDespite all the changes that have happened with the Internet since 2007, when Songkick was founded, why do you think the company has been able to successfully stick with its original business plan? The “You Be the VC 6.1” feature focuses on Buzzy, a company that has created a device that helps relieve the pain and anxiety associated with getting a shot. What types of partnerships could Buzzy form to lower its ...What are the advantages of preparing a business plan for a new venture? 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 ...Why does Sam Goldman go out of his way to talk about the importance of d.light’s business plan? In what ways do you think having a meticulously crafted business plan helped d.light in its launch efforts?
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