Jim Lane is an executive with General Electric. A former coworker of his recently started a company

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Jim Lane is an executive with General Electric. A former coworker of his recently started a company and raised $1 million from a well-known angel investor even though he didn’t need the money to launch the business. Jim thinks his friend is foolish and can’t think of one reason to take money from an investor if you don’t need it. If you were talking to Jim, what would you tell him about this situation?

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Entrepreneurship Successfully Launching New Ventures

ISBN: 9780132555524

4th Edition

Authors: Bruce R. Barringer, R. Duane Ireland

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