SharkTank Part 1

A newly established business is referred to as a ________________.

• Corporation

• Established Business

• Start-Up

• Fledgling business

Over 80% of start-ups survive the first year of operation.

• True

• False

Entrepreneurs accept the risk of starting and running a business.

• True

• False

The pursuit of opportunity can also be referred to as __________________.

• Business

• Entrepreneurship

• Risk acceptance

• Risk averse

On SharkTank, the first action of the entrepreneur is to _____________ their product.

• Present

• Pitch

• Sale

• Promote

Angel investors are banks and other institutions that invest in established businesses.

• True

• False

Angels investors aren't purely angels and do look for ________________.

• Return on investment

• Complete ownership of the business.

• Complete control of the business.

• absolutely nothing.

The money utilized to create a small business or help it start is known as __________________,

• Foundation money

• Start money

• Seed money

• Opportunity cost

On Shark Tank, the valuation of the company is how much the company is the perceived ____________ in the eye of both entrepreneurs and investors.

• return

• worth

• investment

• seed money

To calculate the valuation on Shark Tank we divide the demand or ask by the _____________ offered in return.

• Equity

• Price

• Investment

• return on investment