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Sarasvathy, Saras D.

Doing Without the Middleman: A Primer on Funding for Entrepreneurs

Sarasvathy, Saras D. ; Zuffoletti, Jim

ENT-0235 | Published January 07, 2025 | 8 pages Technical Note

Collection: Darden School of Business

It’s widely believed that entrepreneurs need formal funding to start a venture, but that’s not always the case. In fact, the majority of companies that go public don’t raise any venture capital at all... Read More

The Art of the Effectual Ask

Sarasvathy, Saras D. ; Whiffen, Sara

ENT-0225 | Published September 11, 2020 | 11 pages Technical Note

Collection: Darden School of Business

Entrepreneurs strive to solve problems and create value through partnerships. Studying how they do that led to the hypothesis that "asking" played a critical role in the success of an entrepreneur. Th... Read More

Ownership, Control, and the Role of Equity in New Ventures

Sarasvathy, Saras D.

ENT-0226 | Published September 02, 2020 | 8 pages Technical Note

Collection: Darden School of Business

This technical note discusses how a high-potential start-up entrepreneur should use equity in building and growing a new venture. One of the most crucial things for entrepreneurs to understand is equi... Read More

Ought to "Can": Questions for an Entrepreneurial Future

Sarasvathy, Saras D. ; Venkataraman, S.

ENT-0132 | Published August 28, 2009 | 11 pages Technical Note

Collection: Darden School of Business

This technical note explores the broadening role of entrepreneurship as both an economic and societal force. Students learn that as a distinct problem-solving method, entrepreneurship is teachable and... Read More

Cold Opportunity (C): The Absolut ICEBARS Story

Sarasvathy, Saras D. ; Read, Stuart ; Aronsson, Magnus

ENT-0121 | Published July 30, 2009 | 4 pages Case

Collection: Darden School of Business

Suitable for MBA and executive learners, this case series presents an engaging narrative that prompts students to discuss entrepreneurial thinking. An entrepreneur who loves his native Swedish Lapland... Read More

Cold Opportunity (A): The Nils Bergqvist Story

Sarasvathy, Saras D. ; Aronsson, Magnus

ENT-0119 | Published July 30, 2009 | 3 pages Case

Collection: Darden School of Business

Suitable for MBA and executive learners, this case series presents a narrative that prompts students to discuss entrepreneurial thinking. An entrepreneur who loves his native Swedish Lapland uses his ... Read More

Cold Opportunity (B): The ICEHOTEL Story

Sarasvathy, Saras D. ; Read, Stuart ; Aronsson, Magnus

ENT-0120 | Published July 30, 2009 | 2 pages Case

Collection: Darden School of Business

Suitable for MBA and executive learners, this case series presents an engaging narrative that prompts students to discuss entrepreneurial thinking. An entrepreneur who loves his native Swedish Lapland... Read More

Taking the Plunge: New Luxury Ventures

Sarasvathy, Saras D. ; Ali, N.

ENT-0070 | Published May 14, 2009 | 11 pages Case

Collection: Darden School of Business

Students at all levels explore the psychology of entrepreneurship and new product branding and marketing as a young IBM executive decides whether to become an entrepreneur. He must evaluate his busine... Read More

Boards for a New Venture: Putting Together Boards and Working with Them

Sarasvathy, Saras D.

ENT-0071 | Published May 14, 2009 | 6 pages Technical Note

Collection: Darden School of Business

This note teaches students at all levels how to establish a board for a new venture, explaining why it is necessary, how to attract the right members, how to compensate them, how to distinguish adviso... Read More

The Entrepreneurial Method: How Expert Entrepreneurs Create New Markets

Sarasvathy, Saras D.

ENT-0073 | Published December 17, 2006 | 8 pages Technical Note

Collection: Darden School of Business

This note reflects a new focus on "effectuation," the logic behind entrepreneurial expertise, which consists of tacit as well as learnable and teachable aspects of experience that are related to high ... Read More

New Venture Performance

Sarasvathy, Saras D.

ENT-0074 | Published December 17, 2006 | 9 pages Technical Note

Collection: Darden School of Business

This note examines the pros and cons of two ways to build new ventures. The former is called causal or predictive, because it depends on accurate predictions and clear goals. The latter is effectual o... Read More

Felipe Vergara and Lumni: Launching an Innovation in a Developing Economy

Venkataraman, S. ; Sarasvathy, Saras D. ; Parmar, Bidhan ; Glinska, Gosia

ENT-0083 | Published September 07, 2006 | 14 pages Case

Collection: Darden School of Business

The case chronicles the development of Lumni, Inc., an international start-up offering innovative mechanisms for financing higher education. It focuses on: the details of decision making required to t... Read More

Legal Issues for New Ventures: Choice of Lawyer and Choice of Entity

Sarasvathy, Saras D. ; Ishrat Ali, M. ; White, Richard

ENT-0072 | Published August 01, 2006 | 7 pages Technical Note

Collection: Darden School of Business

This note discusses the legal issues entrepreneurs must consider as they form their company as a legal entity. In question-and-answer format, the note concisely defines the types of entity available a... Read More

The Affordable Loss Principle

Sarasvathy, Saras D.

ENT-0075 | Published March 25, 2006 | 7 pages Technical Note

Collection: Darden School of Business

Ideal for a study of entrepreneurship as a phenomenon, this note explores the difference between causal models and effectuation. Whereas causal models focus on maximizing returns by selecting optimal ... Read More

The Bird-in-Hand Principle: Who I Am, What I Know, and Whom I Know

Sarasvathy, Saras D.

ENT-0090 | Published January 18, 2006 | 8 pages Technical Note

Collection: Darden School of Business

This technical note explores a framework by which entrepreneurs can evaluate their ideas before going forward based on who they are, what they know, and whom they know. Drawing on frameworks presented... Read More

What Makes Entrepreneurs Entrepreneurial?

Sarasvathy, Saras D.

ENT-0065 | Published September 13, 2005 | 9 pages Technical Note

Collection: Darden School of Business

This case is designed to train students to recognize the characteristics of entrepreneurial thinking. The author studied the problem-solving process of 30 entrepreneurs from a variety of industries wh... Read More