Question: In previous chapters we learned that there are different types of new ventures: salary-replacement, lifestyle, or entrepreneurial firm. Will it be possible for a new
In previous chapters we learned that there are different types of new ventures: salary-replacement, lifestyle, or entrepreneurial firm. Will it be possible for a new firm to transform from one type to another type expectantly or unexpectedly in their later years? Why do you think so? Will venture capital investors, especially angel investors, ever invest in salary-replacement or lifestyle firms? Do some research to see what you can find. Share the story briefly
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