Consider an entrepreneurial opportunity. Research potential sources of capital that could be accessed in support of the opportunity. For example, JP Morgan Chase is a commercial bank providing small-business loans. Write a paper by responding to the following prompts:
List potential sources of capital, including the pros and cons of each.
Is venture capital a viable source? Why or why not?
How do the philosophy and objectives of a venture capital firm impact the entrepreneur’s approach?
What should an entrepreneur know about the venture capital process?