Interest: Innovation Angel Funding Venture Capital Research Methods Teaching Methods Strategy Technology Commercialization Entrepreneurship
Industry: Educational Services Public Administration & Government
Interviewee:
Students start businesses, earn revenue, face elimination and learn from failure while applying entrepreneurship research and concepts in real time.
Eapen Chacko and Brent Goldfarb debate whether founders need a formal business plan before raising money and building a new venture.
Limiting teams of students to $5 pushes them to find creative ways to sell, form partnerships and use the resources already available to them.