Asked by Shannah Mills on Feb 18, 2024
Verified
Why did the Juicero company experience failure?
A) It failed to received funding.
B) Its founders lacked required experience.
C) It burned through money too quickly.
D) It received negative marketing exposure.
Entrepreneurship
A way of thinking, acting, and being that combines the ability to find or create new opportunities with the courage to act on them.
- Lack of proper funding
- Inadequate experience of the founders
- Poor financial management leading to excessive spending
Verified Answer
JJ
Learning Objectives
- Lack of proper funding
- Inadequate experience of the founders
- Poor financial management leading to excessive spending
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