ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Shark Tank is a reality TV program that allows entrepreneurs to pitch their business ideas to a panel of venture capitalists. What is a venture capitalist?
A
investor
B
banker
C
judge
D
lawyer
Explanation: 

Detailed explanation-1: -The Sharks are venture capitalists, meaning that they provide capital (money) to companies with the potential for growth in exchange for equity stake. Behind those million-dollar deals the Sharks have thought through all the elements that could get in the way of them making their money back.

Detailed explanation-2: -New entrepreneurs pitch their businesses to owners of established start-ups who decide to invest or not invest in them after assessing the company. Shark Tank India judges take a percentage of the equity/stake in return for their investment and sometimes decide to fund in the form of a loan partly.

Detailed explanation-3: -Exposure to Shark Tank can “tip the scale” towards becoming an entrepreneur, rather than not. Your Business Famous”. to negotiate money-making deals, and how they’ve used the spotlight to their advantage”. Overall, we find an increase in the number of new businesses after the introduction of the TV show.

Detailed explanation-4: -Build a business, not an idea. Submit your application. Invest in your video. Build a killer pitch. Practice makes perfect. Embrace your personality throughout. Be patient. It starts with the first step. More items

There is 1 question to complete.