Scenario 2-2. Harry Homer and Jenny Juno are two people extremely interested in establishing a small business. Harry is interested in marketing his newly developed product, which increases the speed by which data are transferred through phone lines. He sees great potential for his new product and is willing to devote his life savings and begin this new venture. Jenny is also interested in this product. She too sees a great potential down the road as businesses adapt this new technology. In the future, she can see a major company growing quickly with the ability to go public or merge with a major phone company.
-In Scenario 2-2, at which stage in the start-up process model will Jenny begin her part in this new venture?

Question

Quizplus · Accepted Answer

Jenny sees the potential for major growth and the possibility of going public or merging with a major company, which aligns with the growth stage of the start-up process model.