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Entrepreneur pu Are hide the decane an intermediary in order to find venture capitalfor his firm.it allows Bill ” focus on sales of his product.This is a great idea er Bil because it will allow him to achieve his goals and objectives.ofis is a great idea or gil because it window him and his staff to develop accurate projectionsc)Thisbelieves that the intermediary is better at sales than he is.d) This is a great low for Bil because he believeof his company.e) None of the above30. If his company is worth $15 million windswormally the maximum amount of funds thatEntrepreneur Bil should raisea) $1.5 millionb) $3.75 millionc) $4.5 milliond) $1.0 millione) None of the above31. Your company is burning, spending, $200,000 per month. You currently have $1.0 million ofcash remaining. When should you begin fund raising?a) In three monthsb) In two monthsc) In one monthd) Nowe) None of the above32. How long should your presentation to the venture capitalist or angel investor be?a) As long as it takes.b) 30 minutesc) 20 minutesd) 15 minutese) 10 minutes
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