SOC SCI 198 Lecture Notes - Lecture 8: Risk Assessment, Risk Management
Document Summary
Series seed- the can give from 50k to a million. Your odds for failing are super high for a series a and b. Angel investors- the one person that gives you money when no one else will. You wont know how much are going to make through out the year, there is a chance you can lose it. Since 2002 the success rates have gone out and the years to exit are 6 years more than last your. This is why its so risky to invest in your venture. Risk that is inherent to a business, involving the chance of either profit or loss. The threat of a loss to a business without any possibility of gain, such as robbery or employee theft. Risks that can be safely ignored low likelihood. Risks that can be mitigated through simple changes in behavior- high likelihood. Risks that can be mitigated through insurances- low likelihood.