Week 5 Exam questions

Discuss how the public availability of the Internet drove innovation in the 1990s. Give at least one example each of a company or industry that benefited and one that was damaged by the advent of the Internet.

Discuss the three aspects of the Timmons’ framework and how it can be used to analyze what is needed to improve the likelihood of success for a new venture.

Enterprises engage in business modeling as part of strategy development. Discuss the two major parts of the business model and how they are related.

Discuss the limitations of market research for revolutionary new products.

Discuss pre-funding compensation of the founding team, in particular the benefits and issues regarding the use of equity to attract and retain the founding team.