Explain the term “signaling” in the context of new venture formation and discuss its relevance for new ventures with emphasis on methods used for such “signaling”.Why is “Team Synergy” difficult in general and for new ventures (meaning Startups here) in particular?why is it more difficult to build quality teams for New Ventures (meaning- Startups).
What are the various “liabilities” or “weaknesses” of being a new business venture? What are some ways a new business venture can overcome such liabilities of being “new”.Would you prefer the heterogeneous or homogeneous “founding team” for the new venture? Why? Explain in detail.
What do you think of “synergistic” relationships”? Have you ever been part of a synergic relationship, professionally or personally? Have you ever achieved positive synergy with a your “team”? Have you ever experienced negative synergy? (If so explain)
What is “networking”? Why is it important in assembling a new venture team? If you work for a Startup, how would you network to benefit your organization?