1. Years of experience and formal education are often used as a proxy for (entrepreneurial) ability. Briefly discuss the advantages and disadvantages of using each of them. How does your answer help explain why empirical studies of entrepreneurial choice often include both measures rather than just one (such as years of schooling and work experience)? 2. Briefly discuss how important is strong- vs. weak-tie social capital to the following two startup company: i. A restaurant; ii. An online food delivery company such as Uber Eats or Doordash. 3. What benefits of forming entrepreneurial teams when starting a company? Is a diverse team better than a team with similar members for a business venture