You are a venture capitalist, looking to invest 5M in a start-up company. You choose: Function...

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You are a venture capitalist, looking to invest 5M in a start-up company. You choose: Function of Beauty, personalized shampoo. Function of Beauty uses machine algorithms to make personalized shampoo for each customer based on their hair type. Five Force Model: The model takes into account five different forces: 1) The competition from new entrants. 2) The competition from substitutes. 3) The bargaining power of providers. 4) The bargaining power of customers. 5) The level of rivalry among already existing rivals. Question: Explain how each of the 5 forces applies to the selected company. You are a venture capitalist, looking to invest 5M in a start-up company. You choose: Function of Beauty, personalized shampoo. Function of Beauty uses machine algorithms to make personalized shampoo for each customer based on their hair type. Five Force Model: The model takes into account five different forces: 1) The competition from new entrants. 2) The competition from substitutes. 3) The bargaining power of providers. 4) The bargaining power of customers. 5) The level of rivalry among already existing rivals. Question: Explain how each of the 5 forces applies to the selected company.

Answer rating: 100% (QA)

Sure heres how each of the five forces of Porters Five Forces Model applies to Function of Beauty a personalized shampoo startup A Competition from Ne... View the full answer