2
The Entrepreneurial Spectrum
Introduction
While there are many sources of capital, there are three ways to finance a business: the capital can be invested in the form of debt, in the form of equity, or in a combination of the two. In this book, we will discuss both forms of investment capital. However, be it debt or equity, the most important determinant of whether the capital will be provided is the entrepreneur and his management team. As venture capitalist Richard Kracum of Wind Point Partners said, “During the course of 70 investments we have made in many different kinds of situations over a 16-year period, we have observed that the quality of the CEO is the top factor in the success of the investment. We believe that the CEO represents ...
Get Entrepreneurial Finance, Fourth Edition: Finance and Business Strategies for the Serious Entrepreneur, 4th Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
