Lecutre 4 Flashcards
1
Q
What is an angel investor?
A
- wealthy individual
- money for equity
- mentor
- for long term succes
2
Q
What is an venture capitalist?
A
- wealthy group/company
- wants to earn their money back with more and then drop out
- could mentor but less freedom
3
Q
What does SAFE stand for?
A
Simple Agreements for Future Equity
4
Q
Why does a venture capitalist want a high IRR?
A
That means they will get a fast return
5
Q
What is IPO?
A
Initial Public Offering
- putting equity open for the public
6
Q
What is bootstrapping?
A
getting funded by family and friends
7
Q
What is the disadvantage of using a credit card?
A
High interest
8
Q
What is an overdraft?
A
Opnemen tot limiet
9
Q
What is Meredith’s law of innovation?
A
invention is 10% of the product and the product is 10% of the business
10
Q
Where does RSU stand for and what does it mean?
A
- restricted stock units
- gives employee the right of receiving free shares when certain conditions are met
