Start-up Stories
What was invented after he found his wife dead after a letter took to long to get to him?
What is the telgraph
What are 3 common ways to get funding
What is crowdfunding, self-funding, investors
Are Giles Hertz and Rebecca White married?
What is yes.
What is the range of the market value of Sparksman Wharf?
$5-10M, $11-20m, $21-35m, $45-60m
What is $21-35m ($30,465,800)
Explain relationship between Demand and Supply.
What is Demand is the desire for the product and supply is the amount available.
What mobile game that involves birds was created after 51 failed attempts to create a popular mobile app?
What is Angry Birds
Which of these is the number one reason businesses fail?
Lack of funds, no market need, inadequate leaders between employees, or bad business model.
What is no market need
How much equity does UT take from the pitch competitions?
0%, 1%, 5%, 10%
What is 0%
What is the market value of Armature Works?
$5-10M, $11-20m, $21-35m, $45-60m
What is $11-20m (12,036,000)
What are the correct steps in order?
Create a solution, develop the product, find a problem, test your product in the market
What is find a problem, create a solution, develop the product, test your product in the market.
Which company changed the way stocks were traded and is valued at $1.3 billion, but was rejected by 75 straight investors in a row?
What is Robinhood
What is the average age of first-time entrepreneurs in the US?
What is 44.
Difference between Accelerator and Incubator Program at UT?
What is Accelerator is for students, while Incubator is for those out of college.
Whats the market value of Oxford exchange?
$2-8M, $9-15m, $15-25m, $25-35m
What is $2-8m ($4,689,099)
What is the difference between a Monopoly and an Oligopy?
What is a Monopoly is one entity is controlling the market whereas an Oligopoly is several entities controlling the market.
What company got initial funding by selling their own brand of Cereal "Obama O's"
What is AirBnb
What are the elements of S.M.A.R.T. goals
What is Specific, Measurable, Attainable, Relevant, Time-bound
What industry did UT student Danny Mastronardo turn $6k into a multi-million dollar business?
Marketing, Skin Care, Sports, Financee
What is Skin Care
What was the original land value of Tangra Nightclub?
$100k-200k, $200k-800k, $1-3m, $3-8m
What is $100k-200k ($131,388)
What is the definition of a recession?
What is 2 continuous instances of negative GDP or a significant decline in economic activity
What company did speaker Chuck Papageorgiou talk about that is changing the way company's view sales? This same company also hired protestors to bombard their rivals at a presentation they were giving.
What is Salesforce
Reasons to have an LLC?
What is Personal Liability Protection, Tax Options, management flexibility, easy and inexpensive to form, and credability.
How much did the Lowth Entrepreneurship Center cost to build?
$5million, $24million, $38million, or $46million
What is $46million
What is the market value of Straz Center?
$39,987,980, $43,998,798, $65,651,416, $73,998,999
What is $65,651,416
What is one of the 5 C's that bank look at for assurance they will receive their money back?
What is Character, Capacity, Capital, Collateral, and Conditions