Your business has really grown, but now it needs a substantial infusion of capital. A venture capital

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Your business has really grown, but now it needs a substantial infusion of capital. A venture capital firm has agreed to invest the money you need. In return, the venture capital firm will own 75 percent of the business, and you will be replaced as CEO by someone chosen by the venture capitalist. You will retain the titles of founder and chairman of the board. Would you be willing to take the money but lose control over your business?

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Contemporary Business

ISBN: 9780618900930

13th Edition

Authors: Louis E. Boone, David L. Kurtz

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