Q Samantha Smith, a friend of yours, was recently telling you about a company that her father is starting in the solar power industry. Samantha’s father is using a technology he developed, which has received favorable write-ups in several technical publications, and has been approached by two angel investors eager to invest. He’s also been offered a spot in a prestigious technology incubator, where he can maintain an office and a lab to work on his project. Samantha says that her dad has turned away the potential investors and is opting to work out of a shop on some property he owns, rather than move into an incubator. He’ll be able to fund the company from personal savings, at least for the first two years. Do you think Samantha’s dad is making good decisions? What are the pluses and minuses of the decisions he’s making?
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