solution

Why are venture capitalists likely to fund businesses in technology, media/entertainment, and pharmaceutical industries?

		because they expect to have a high payout in three to five years
		because they have worked in those industries previously
		because those industries are the least likely to fail
		because those industries have the highest stocks prices on average

2. How can entrepreneurs avoid the misguided perceptions of expectations for the business with other team members?

		making sure you have patent protections
		having a fully developed business plan
		having an agreed upon foundersâ€™ agreement
		organizing only as an LLP

3. Your goal for the first year of business is to capture 65 percent of the existing target market for your product. This is an example of ———————-.

4. Which of the following are items that trigger the consideration of the contingency plan in the venture?

		hindsight bias triggers
		status quo points
		fail-safe points
		cognitive dissonance triggers