Chapter 14. Venture Risk Management
After studying this chapter, students should be able to:
▪ Identify various components of venture risk management
▪ Apply a variety of approaches to manage venture risk
▪ Recognize the potential liabilities associated with a technology venture, and develop plans for minimizing associated risks
▪ Distinguish between a board of directors and a board of advisors
▪ Develop a mission statement for their venture
▪ Manage human resources in compliance with federal laws
▪ Terminate employees without raising lawsuit risks
▪ Understand the role of the Uniform Commercial Code in governing business transactions
▪ Develop an ability to deal with failure risk
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