1. Define and explain why the following are important: long-term value creation:
IRR
Deal structure
2. Explain the venture capital method used in valuing a company, when it is most appropriate to use this method (for what type of business) and the strengths and weaknesses.
3. Explain five of the inherent conflicts between investors and entrepreneurs discussed in your text, and how and why can these affect the venture's odds for success?
4. List and describe two of the five pitfalls and sand traps in fund-raising and why do entrepreneurs sometimes fail to avoid them?