I can say for this week is that it's been tough dealing with our app because we can't get any valuable insights from our users. We already asked our friends and also other people what are problems do they encounter when finding artists online but their answers are way to complex and similar. During the meeting earlier, we're not able to present for our user validations because two people of our group member had to go somewhere. So me and my remaining mate decided to answer and ask our Instructor in order to gather information which would help us to update our validations. We don't have enough data as of now in the afternoon but in the later evening we will talk about our validations. UPDATE-- We gather some insights from our potential app clients and artists. We updated our first powerpoint presentation and added information containing the date for our upcoming midterm exam next week which is the pitching.
What is Entrepreneurial Finance? Entrepreneurial finance is the study of value and resource allocation, applied to new ventures. It addresses key questions which challenge all entrepreneurs: how much money can and should be raised; when should it be raised and from whom; what is a reasonable valuation of the startup; and how should funding contracts and exit decisions be structured. So by understanding it, it's a method used in business wherein it helps entrepreneurs to start and support their idea wherein money also go with this method. In the other hand we have Venture Capital, Venture capital is a way of corporate financing by which a financial investor takes participation in the capital of a new or young private company in exchange for cash and strategic advice. Venture capital investors look for fast-growing companies with low leverage capacity and high-performing management teams. Their main objective is to make a profit by selling the stake in the company in the medium ...
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