The What Went Wrong Feature in Chapter 9 Focuses on Deever

question 56

Multiple Choice

The What Went Wrong feature in Chapter 9 focuses on Deever, a 2008 startup that helped software developers use cloud-based services to "test" their code in an expedient manner. According to the feature, one of the primary reasons Deever failed was ________.

• A) it lacked a cofounder who loved the business side of running a startup
• B) the cofounders couldn't get along
• C) it didn't build a robust partnership network
• D) it didn't solicit advice from attorneys, bankers or business consultants
• E) it didn't have a Board of Advisors

---

Definitions:

Simple Interest

Interest earned or paid on the original principal amount alone, without compounding.

Buyer

A person or entity that purchases goods or services.

T-bill

Treasury bill, a short-term government security with a maturity of less than one year, used to finance the national debt.

Simple Interest

The calculation of interest paid or received over a certain period that is based only on the principal amount, not including interest on interest.