Question
Samantha Smith, a friend of yours, was recently telling you about a company that her father is starting in the solar power industry. Samanthas father
Samantha Smith, a friend of yours, was recently telling you about a company that her father is starting in the solar power industry. Samanthas father is using a technology he developed, which has received favorable write-ups in several technical publications. He has been approached by two angel investors who are eager to invest in his proposed venture. Hes also been offered a spot in a prestigious technology incubator, where he can maintain an office and a lab to work on his project. Samantha says that her dad has turned away the potential investors and is opting to work out of a shop on some property he owns, rather than move into the incubator. Hell be able to fund the company from personal savings, at least for the first two years. Do you think Samanthas dad is making good decisions? What are the pluses and minuses of his decisions?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started