Basic Entrepreneurship
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MVP (Minimum Viable Product) vs. MLP (Minimum Lovable Product) (Mark for T and leave blank for F):
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If the pre-money valuation of your company is $3 million, and you raise $1 million, what percentage of the company did you sell to investors?
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Profit and Loss table is the financing tool that demonstrate financial projection.
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Financial projection is one of the tools that entrepreneur uses to present the expected future of a venture to investors.
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Cash flow projection helps entrepreneur understand how much money they will need in order to maintain the activity of the venture.
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Cash flow projection helps investors understand how much money they will need to invest in order to maintain the activity of the venture.
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