Do you think Revolights will need to raise additional capital? If so, why? Using Table 10.2 in
Question:
Do you think Revolights will need to raise additional capital? If so, why? Using Table 10.2 in the chapter as a guide, if Revolights raises additional capital, what would be the most appropriate source of financing or funding? Explain your answer.
One evening in October 2010, Kent Frankovich was riding his bike home from work. He was completing a research project at Stanford and was running back and forth to the lab a lot at night. The area in front of him was partially illuminated by his handle-mounted bike light. He entered a particularly dark stretch and hit a pothole. It nearly threw him off his bike. It got him thinking that there must be a better way to illuminate the path in front of his bike.
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Entrepreneurship Successfully Launching New Ventures
ISBN: 9781292255330
6th Global Edition
Authors: R. Duane Ireland, Bruce R. Barringer