QUESTION 1 Discuss how the public availability of the Internet drove innovation in the 1990s. Give at least one example each of a company or industry that benefited and one that was damaged by the advent of the Internet.

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QUESTION 1 Discuss how the public availability of the Internet drove innovation in the 1990s. Give at least one example each of a company or industry that benefited and one that was damaged by the advent of the Internet. QUESTION 2 Discuss the three aspects of the Timmons' framework and how it can be used to analyze what is needed to improve the likelihood of success for a new venture. QUESTION 3 Enterprises engage in business modeling as part of strategy development. Discuss the two major parts of the business model and how they are related. QUESTION 4 Discuss the limitations of market research for revolutionary new products. QUESTION 5 Discuss pre-funding compensation of the founding team, in particular the benefits and issues regarding the use of equity to attract and retain the founding team.

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