Jose Peacher is an executive with a large manufacturing company. A former coworker of his recently started a company and raised
$1 million from a well-known angel investor even though he did not need the money to launch the business. Jose thinks his friend is foolish and cannot think of a single reason to take money from an investor if you do not require the funds to launch. If you were talking to Jose about his view, what would you tell him about this matter?
You have to consider that angel investors invest money in exchange for equity, so it is a very cheap way of getting financed. There are two ways of evaluate what happened:
Jose's friend was probably irresponsible for accepting the money from the angel investor, although he will not pay any interests for it. The problem here is that Jose's friend might spend the extra money in frivolous activities or unnecessary expenses, e.g. rent a very fancy and expensive office. When you have a lot of extra money in your hands, it is very easy to spend it. OR
Another way of analyzing what happened is that Jose's friend may want to share the risk of the new entrepreneurship with someone else. Maybe he/she has enough money to invest, but he/she is not willing to take the risk of investing it all himself/herself. Getting financed by an angel investor is a way of reducing your personal risk. Remember that a sole proprietor is personally liable for all of the company's obligations, but that changes for a LLP, LLC or a corporation.
We need to <span>provide
the accompanying estimates of federal budget receipts, federal budget
spending, and gdp, all expressed in billions of dollars</span>.
The answer to this question is Transformational
leaders.
<span>Transformational leaders are leaders who inspire
their subordinates / followers by being a role model in order for the members
or followers to enhance their performance. Transformational leaders increase
the morale of the members by creating a vision for them to be guided and
inspire the members to do their best and be motivated always.</span>
A) Yes, the employment contract has been breached, but the non-competition agreement has not been breached.
Explanation:
Xuechen signed a three year employment contract which she breached after a short time by quitting her job. The non competition agreement that she signed required her not to work as a chef for another restaurant, but since she is working as a manager, then she didn't breach that contract.