If Jack has an innovative idea but not the financial means to commercialize the idea without the help of Venture capitalist Gini, then
a. what would be a fare split of ownership between them assuming that Jack’s idea’s fair market value is estimated to be 10 million dollars and Gini is chipping in $20 million to commercialize the idea?
b. Out of two exit strategies (sell the venture to a third party or go public by implementing Initial Public Offering) which one is suitable in a particular situation as depicted in the video?