INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Funds for the venture are raised from venture capitalists for growth of the business
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Funding through business loans or family/friends
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Create products and services that solve social needs and problems
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Company size and culture make innovation difficult to execute.
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Detailed explanation-1: -Which of the following statements is true about venture capital start-ups? They are funded by angel investors who invest more than $2 million and expect extraordinary returns.
Detailed explanation-2: -Which of the following is true of venture capital? Venture capitalists reserve the right to sell their portion of company shares before an IPO. One way venture capitalists evaluate potential investments is by analyzing a company’s share price.
Detailed explanation-3: -Venture capital (VC) is a form of private equity and a type of financing that investors provide to startup companies and small businesses that are believed to have long-term growth potential. Venture capital generally comes from well-off investors, investment banks, and any other financial institutions.
Detailed explanation-4: -Personal Investment or Personal Savings. Venture Capital. Business Angels. Assistant of Government. Commercial Bank Loans and Overdraft. Financial Bootstrapping. Buyouts.