Which is an important question for the entrepreneur to ask when evaluating the venture capitalist? a. Is the person a close relative? b. Is the person someone with whom the entrepreneur can work? c. Is the person a college graduate? d. Is the person wealthy?

Question

Serena Carey

Social Studies

11 September, 08:20

Which is an important question for the entrepreneur to ask when evaluating the venture capitalist? a. Is the person a close relative? b. Is the person someone with whom the entrepreneur can work? c. Is the person a college graduate? d. Is the person wealthy?

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Answers (1)

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Pitts · Answer 1

Answer: Option (b)

Explanation:

One of the most important question that an entrepreneur need to ask himself/herself while evaluating a venture capitalist is, whether this individual is someone with whom they can work with or not. A venture capitalist is referred to or known as an investor that tends to provide capital to an organization which is exhibiting a high growth potential while in exchange they ask for equity stake. It also tends to be a funding startup or one that is supporting small organization that tend to wish that they can expand but lack the access to the equities market.