Question
Reality TV shows like Dragons' Den and Shark Tank have not only sparked interest in entrepreneurship, they have given new life within the investment community,
Reality TV shows like Dragons' Den and Shark Tank have not only sparked interest in entrepreneurship, they have given new life within the investment community, many of whom are -- or were -- entrepreneurs.
After approaching angel investors, many entrepreneurs are surprised to learn the rates of return that angels investors demand. Angel investors require 20 to 40 percent returns and they also require an exit plan within 5-7 years.
Suppose you have a great idea but, no capital, no capability and no experience. But, there are angels who can tick all these boxes -- and help you fulfill your dream.
Assuming that high returns and the diluted ownership, the two mainstays of angel investment, are deal killers for you, list two other options of how you can obtain capital to turn your idea into a reality. Explain one of them in detail and list one advantage and one disadvantage of that option.
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