Product detailsAuthor : Elias G. Carayannis
Category : Business & Economics
Publisher : Greenwood Publishing Group
Published : 2003
ISBN : 9781567204568
Type : PDF & EPUB
Page : 224
Reviews book: Startup adventures often need the services of such professionals as consultants, attorneys, and recruiters, but cannot afford to pay them, so turn to venture capitalists, who take equity in the enterprise in return for cash. Carayannis (management science, George Washington U.) and Juneau, a Washington, DC lawyer, suggest that entrepreneurs might be able to acquire the services of such professionals by offering them the equity directly. In addition to reducing the cost, they say, cutting out middlemen can bring the professionals into more intimate engagement with the operation. Annotation (c)2003 Book News, Inc., Portland, OR (booknews.com).