• Summary
  • Contents
  • Subject index

This book is designed to help entrepreneurs understand how to obtain funding from an investor for the creation or development of a new business venture. It discusses how to evaluate a business concept from an investor's perspective before moving onto an examination of the practical issues involved, such as writing a compelling business plan and making a convincing presentation.

Roles and Equity Shares in the New Venture
Roles and equity shares in the new venture

The creation, development, and management of a new venture is often a team effort, and there are distinct roles for each member of the entrepreneurial team within the new venture. The main roles in an entrepreneurial team are those of the people who own the intellectual property, who manage its commercialization, and who are willing to fund its commercialization.

Although these are treated as three separate roles in this chapter, in many practical cases the same person may wear all three hats, or two of the hats, and so on. But even when the entrepreneur can afford to personally fund the start-up of the business, as do 95% of new businesses, ...

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