Exam 19: The Harvest and Beyond

If begun early in the venture building process,shaping a harvest strategy is a straightforward task.

The authors write,"If impatience is the enemy of an attractive harvest,then greed is its executioner." To what are they referring to?

When entrepreneurs sell their venture in a stock-for-stock exchange,the agreement typically includes protections against a sudden drop in the share price of the acquiring company.

Discuss why it is important to have a harvest goal in place from the beginning of a venture.

Which of the following harvest options is most likely to produce the most cash for the founder at the time of sale?

The workload demanded by a harvest-oriented venture versus one in a venture that cannot achieve a harvest is typically

In a ________,founders can attract capital,often in substantial amounts,from a large company interested in their technologies.

Having a harvest goal and crafting a strategy to achieve it are what separate successful entrepreneurs from the rest of the pack.

What are some of the disadvantages of being a public company?

MBOs typically require the seller to take a limited amount of cash up front and a note for the balance of the purchase price over several years.

What is the most vital aspect of crafting a harvest strategy?

A public offering increases public awareness of the company and contributes to the marketability of the products.

Which of the following is not a near-term advantages of going public?

Harvesting at the right time,willingly,involves hitting one of the many ________ that entrepreneurs face.

Which harvest option can have the negative attribute of forcing the leadership team to focus on short-term profits and performance results?

________ are harvest vehicles through which founders can realize some liquidity from their stock by sales to the plan and other employees.

What are the three core aspects of shaping a harvest strategy?

What is the most common challenge with a management buyout?

Identify four avenues by which a company can realize a harvest from the value it has created.

A ________ is one in which a founder can realize a gain from a business by selling it to existing partners or to other key managers in the business.