This is humorous and actually a pretty good example of the true meaning of “risk capital.” It covers all the salient points; business model, capital requirements, investors, hiring profile and revenue model. One of the major risk factors they ignored were the Navy SEALS…
http://www.npr.org/templates/story/story.php?storyId=103657301
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I’m an experienced entrepreneur, active investor, author, strategy consultant, and on the faculty of the Management Department at the University of Texas at Austin's McCombs School of Business, where I teach in the MBA program and am Director of Texas Venture Labs and the Global Moot Corp Program. Full bio…
