Question: 1- What is the difference between a heterogeneous and a homogeneous founding team? Which type of team has the advantage? 2- What is the difference

1- What is the difference between a heterogeneous and a homogeneous founding team? Which type of team has the advantage?

2- What is the difference between equity funding and debt financing? What are the most common sources of equity funding and debt financing?

3- Describe the difference between historical and pro forma financial statements.

4- What is an elevator speech? How did it get its name?

answer each question in one paragraph ( 4 sentences )

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