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  • Building a business based on the customer and not based on the product or service you want to sell onto the market is called________- #451
  • _____ are creation of an entrepreneurship environment, entrepreneurship training, mentoring, coaching, seed funding, and investments (human, financial and knowledge capital). #452
  • ____ is when only 1 in 6 million tech business ideas ends up with an IPO, 60% of tech firms funded by VCs go bankrupt. #453
  • Process of planning, organizing, operating and assuming the risk of a business venture is called_________ #454
  • The situation when suppliers may delay invoicing or receiving payment from small companies to retain business and help through early stage is called___________ #455
  • At early stages there are no historical financial performances on which to base value of company through conventional accounting methods. But a value must be found with an equity investor to know how much % to sell. What would you call it? #456
  • Method to get away from solution-centeredness that founders have and reconnect with customer is called_____________ #457
  • _________________arises due to customer need or problem #458
  • Interaction in a virtual world instead of real space and time is called_________-- #459
  • Absolute smallest amount of features that can deliver core of solution is called________- #460
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