VCs are fundamentally risk averse, so it is the entrepreneur's job to reduce risk in the three key areas: management risk, technology risk, and ____ risk.
A)business model
B)investment
C)legal
D)R&D
E)None of these choices

Question

VCs are fundamentally risk averse, so it is the entrepreneur's job to reduce risk in the three key areas: management risk, technology risk, and ____ risk. ​
A)business model
B)investment
C)legal
D)R&D
E)None of these choices

Quizplus · Accepted Answer

Business model risk is the third key area where entrepreneurs need to reduce risk to attract venture capital, alongside management risk and technology risk.

VCs Are Fundamentally Risk Averse, So It Is the Entrepreneur's