Start-Ups

Richard Thompson

Chapter Eleven in Real Venture Capital, 2008, pp 41-44 from Palgrave Macmillan

Abstract: Abstract THE BEST start-ups comprise a big idea, a lot of effort from a committed entrepreneur and a small amount of money. The disciplines learnt in starting up a company from scratch are never forgotten, like checking the cash position every day, and the salient fact for an entrepreneur is that he has to get things done himself, since there is no one else to do it. This is one of the reasons why many large company executives are out of their element in a young company because they are used to having things done for them by a substantial team.

Keywords: Venture Capital; Young Company; Round Financing; Loan Facility; Cash Position (search for similar items in EconPapers)
Date: 2008
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DOI: 10.1057/9780230594067_11

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