Chapter 35. Visible Capital
Every man...is left perfectly free to bring both his industry and capital into competition with those of any other man or order of men. | ||
| --Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations, chapter 9, 1776. | ||
Definition
It is not that you can actually “see” the money, but rather whether you can visualize where you might find it. Angel money? Venture capital? Corporate funding? Overseas funding? Government grant? Where is the money that would be interested in your success at this early moment? Is it smart money or is it dumb?
Relevance—Why Add This Element?
Aside from the obvious, the real import of the Visible Capital element is the confidence provided by its presence. Frankly, no capital is truly ...
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