1. Business angels typically initiate their investments during the:
early stages of a venture’s lifecycle
middle stages of a venture’s lifecycle
maturity stage of a venture’s lifecycle
all of the above
2. Financial Plans that are part of the Executive Summary exclude:
Intellectual property rights Present Value
Income Statements and Balance Sheets
Cash Flow Statements
Breakeven Analysis
Funding needs and sources
3. Which of the following is not part of the group?
growth and scale flexibilities to respond to demand fluctuations
flexibility in manufacturing and design options
ability to adopt the venture's strategy to a new information
Ability to meet with SEC expectations by being creative in answering queries.
4. In our class discussion on chapter 1, it appears that ......... was successful almost from his first venture and ........... had to try several things before he tasted success.
Mark Zuckerburg; Warren Buffett
Warren Buffett; Harland Saunders
Craig Newmar; Warren Buffett
Harland Saunders; Warren Buffett
All of the above businessmen were successful