Question: Question 4 1 0 pts The duo accepts a one - million - dollar investment by the real estate mogul in exchange for a 2
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The duo accepts a onemilliondollar investment by the real estate mogul in exchange for a guaranteed return over ten years. What issues will the duo face as a result and what if any viable alternatives are there for funding?
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This realestate mogul has probably never invested in the music industry and does not know how it runs. He will be pressing them for money when they do not even have a dime to get food for themselves. Music money does not come fast, and this mogul will probably ask for some sort of collateral. This will lead to bankrupcy and losing all current assets if not lucky. I am all for betting on yourself, but this kind of pressure will turn your passion into a firery hatred extremly quick. Other sources of funding could include signing a deal and being paid advances,
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