Paper Topic:
New Venture - Entrepreneur Prospective
Ahmad Alghaith New Venture Prof . Zocco 05 /12 /10 Entrepreneur prospective Our part as entrepreneurs was to attract the venture capitals to invest in our company in for it to grow all over the United States . The opportunity to present our product was through the pitch . That was the challenge for our group because we needed to get most of the VCs interest in 15 minutes overview about the company 's history , its financials over the past years , and the projections about the company 's position in the future
with the investment . Because some of the VC 's might not know about our market , we had to show some graphs and indicate how much market share we have . The main point that the VCs are looking for is whether the investment is profitable or not and we proved to them from the financials and the graphs . Our group agreed on the post money valuation of 23 .976 million with a multiplier of 6 because of the rapid growth and we were also willing to give up 15 of our company 's ownership . After the pitch was done , four venture capitalists actually came to us and showed their interest and gave us time to think about their offers . The companies were Calypso , Glacier Bay Inc , Wildfire and Vinofolio . Among all the offers , we made an agreement with Glacier Bay Inc . Venture Capital group on the term sheet . What made it so interesting through the negotiations is that VC 's were...
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