Question

John is a prospective entrepreneur who has just presented his business plan to a venture capitalist, enthusiastically pointing out the unique features of a new invention he is promoting. The most likely question in the venture capitalist's mind is:

a. How strong is the patent protection?

b. How costly will it be to produce the product?

c. What is the demand for the product?

d. What management skills does this venture have?

Answer

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