Based on the material covered in this chapter, what questions would you ask the firm’s founders before making your funding decision? What answers would satisfy you?

Business Idea: Develop and deploy fully autonomous vehicles.

Pitch: nuTonomy is a small spinout company from MIT.

It is a developer of software for autonomous or selfdriving vehicles. nuTonomy’s R&D efforts are located in Singapore. Singapore has emerged as the test bed for self-driving vehicles because it is mostly urban, the temperature is ideal (no snow), and because it is a small country, mapping and updating can be achieved at a fast rate.