Notes

Chapter 1

1 Quoted in ‘Venture capital has gone from one unreality to another’, Knowledge at Wharton, http://knowledge.wharton.upenn.edu/

2 For those interested in reading more about what makes for a successful entrepreneur, see Chapter 2 in David A. Kirby, 2002, Entrepreneurship, McGraw-Hill, Maidenhead.

3 See Steven Gary Blank, 2005, The Four Steps to the Epiphany, Quad/Graphics, Wisconsin; and Eric Ries, 2011, The Lean Startup, Crown Business, New York.

4 We distinguish between market opportunities – those brought about by the confluence of market and competitive factors – and financial opportunities, such as those where arbitrage or underpriced assets provide the primary basis for economic gain.

5 The short blocks of italicised ...

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