The O-Fold Innovation

777 WordsSep 15, 20134 Pages
Synopsis of “The O-Fold Innovation for Preventing Wrinkles: A Good Business Opportunity? This case depicts the mission and vision of Alex Richards a young respected University scholar majoring in finance and accounting. Alex recently became engaged and planned to get married after graduating, he though decided that he would not start a family until seven years, enabling him and his fiancée time to complete their academic qualifications and acquire their mission and vision – she a physician’s assistant and he a corporate executive of an established company. Alex’s intent and desire was to contribute significantly to an established company’s strategic direction he was not mainly motivated by the compensation package that would/could be…show more content…
It should be noted that angel investors in contrast with venture capitalist firms typically make investments in the range of $25,000-$50,000 dollars. In contrast venture capitalist firms make investments in the range of $5-$10 million dollars. The angel investing community comprises of wealthy individuals who in start-up and early-stage companies. The two main criteria in judging a potential investment- the business and the entrepreneur- were weighted according to what stage in the investing process they were in, Angel investors also required a hands-on approach with the companies in which they invested as they filled an important gap in the funding process for startup companies where the risk was too high for venture capitalist firms and the amount of money needed was too large for many entrepreneurs to raise on their own or from family or friends. Alex concluded that although he may be successful seeking financial assistance from angel investors and venture capitalist firms he may have to give up more control and accept a lower valuation for his

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