In the case study ‘Avatech’ you encountered an entrepreneurial company that had to choose between four distinct commercialization strategies. By what general principles should companies choose between such strategic choices? How do strategic and financial choices interact? Avatech have four different distinct commercialisation strategies including an intellectual property strategy, a value chain strategy, a disruption …
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During most Masters' courses people will be tasked to complete an individual research project, commonly termed as a dissertation or thesis. Now why not transform this academic work into something publishable in a Journal? Many will not want to go through the work of editing images, rewriting, adjusting references and abbreviating their work as well …
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Danial FarooqJust now·4 min read The intellectual property for Zoona would require an investment in control whilst seeking to collaborate with competitors (Gans, Stern and Wu, 2016). This will be an inherently difficult strategy to implement for many reasons, firstly the idea will be difficult to protect using a patent. Patenting requires that the idea …
Gans, Stern and Wu represent four strategies, namely: intellectual property, architecture, value chain and disruption strategies. They are represented as quadrants on a compass which has two dimensions: competition/collaboration and control/execution. The intellectual property (IP) strategy must involve collaboration with those in industry. This is because the IP strategy relies on existing firms using their …
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Four interrelated premises Freedom – more than one alternative path by which value can be created and capture from an ideaConstraint – Resource and strategic constraints prevent the entrepreneur from pursuing all of these alternativesUncertainty – unresolved uncertainty preventing a ranking of at least two alternativesLearning by commitment – partial movement down a path to …
Part B (4 marks): Why would a later stage investor like Regent Ventures impose such a pay to play clause? You do not need to provide further calculations, simply discuss. Regent Ventures will impose a pay to play clause in order to incentivise Primrose Partners to participate and invest in the next round. The purpose …
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Term sheets are written by lawyers who inherently favour investors over entrepreneurs. The only way for entrepreneurs to defend themselves against powerful investors is to make sure that they control the board of directors and hold the majority of voting shares. This way they can always undo any unfair parts of the term sheet. Discuss …
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The only way to achieve harmony within a founder team is to distribute founder shares equally, ideally right at the onset of the venture. None of the other terms commonly found on an investor term sheet can achieve this harmony within a founder team. Discuss this statement, illustrating your answer with details from any of …
Part D (5 marks): What would be the pros and cons of having the Disney Corporation joining the investment round of CC? What about having the Disney Corporation finance the entire round in place of CC? Do not provide any additional calculations for this part, simply discuss. The Disney corporation as a large experienced firm …
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“Financing deals tend to benefit investors more than entrepreneurs: the entrepreneurs need the investors’ money, so they have to conform to the investors’ conditions as laid out in the term sheets. But, they can still influence decision-making in their ventures by other means than the conditions and warrants of the term sheets.” I agree with …
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