Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
What deadly assumption did the author make about investors?
What deadly assumption did the author make about investors?
- Assuming that outside investors had little influence
- Assuming that outside investors were not interested in the company
- Assuming that outside investors were necessary for company growth (correct)
- Assuming that outside investors were only interested in short-term gains
What did the author believe was stressed in entrepreneurship books?
What did the author believe was stressed in entrepreneurship books?
- The insignificance of having investors for business growth
- The necessity of avoiding investors for company success
- The emphasis on self-funding and bootstrapping
- The importance of having investors at an early stage (correct)
What did the author feel was lacking in the discussion of funding options?
What did the author feel was lacking in the discussion of funding options?
- Information on when and how bootstrapping should be used (correct)
- Detailed guides on securing private investors
- Emphasis on the benefits of seeking venture capital
- Strategies for maximizing returns from angel investors
What was the common belief about unfunded ideas according to the author?
What was the common belief about unfunded ideas according to the author?
Signup and view all the answers
What was the prevailing focus of most entrepreneurship books according to the author?
What was the prevailing focus of most entrepreneurship books according to the author?
Signup and view all the answers
Flashcards are hidden until you start studying
