Assignment:
Watch the movie to be able answers theses questions :
The name of the movie : something ventured
You will marked based on your insightful and thoughtful answer. You have also expected to use concept and ideas from week 5 reading.
1- Based on the definition of " venture " and " Capital " explain the relationship venture entrepreneurs. Using the various example from the documentary to demonstrate the symbiotic nature that both have and more importantly what they think of each other and their purpose in growing a start - up.
2- According to bankers and management experts, business plans are an essential component of success when starting a business. Briefly outline whether you think this is the case from the opinions of the venture capitalist and entrepreneurs in the documentary. Do you agree with them that business plans are an important outcome of start - up success?
3- " Helping to create something that never existed before, " and " join the second gold rush, " are two key quotes from the documentary. Why did these perspectives help launch the technological revolution led by such companies as Hewlett Packard and Apple? In your opinion why was the technological revolution of the late 60s and 70s such as exciting time for entrepreneurship and venture capitalists?
4- Using the VC industry in the U.S as the global benchmark for success in launching start-UPs develop strategy for a country " s of your choice (incubators, tax credits, education, etc.) that will help develop a grow the entrepreneurial sector of the country economy . Include in your answer specific industries that you would target for growth equivalent to Atari, Tandem and Apple of the 1970s computer industry.