4. Bruce does have the potential to be a good founder because he proves to be passionate about Baby Shack. Not a lot of people would leave their well-paid job as a manager and risk $100,000 that came from his family and friends. Even though Bruce has never owned an online start-up, he still has the opportunity to be just as successful as the leading founders. In addition, it works in Bruce’s favour that he had experience at a well-known nappy company and the skills he learned can come into play. Having some experience in this industry will be beneficial because he may know who to contact and have a better understanding of what the costs and revenues should look like (Goel, A. (2014)). Solely based on the founder, Cockatoo Capital should invest in Baby Shack because Bruce has had previous experience in this industry.…show more content… The determining factor as to whether Cockatoo Capital should make an investment all depends on the management team. The management team needs to be intelligent and most of all cooperative. Every successful company has team members who listen to the founder’s ideas and they have the drive to do well in this business. These are some vital skills that are needed in order for Cockatoo Capital to feel comfortable to take a risk in this company. It would be a good idea if Bruce offered a performance-based compensation to ensure that his team is working as hard as they can (Goel, A. (2014)). If the team has similar interests to Bruce’s, which is to strive to make Baby Shack one of the top companies, then there is a better chance of it being
