Monday, February 22, 2016

Week 8 Reading Reflection

  1. What surprised me was Figure 8.1. I didn't realize the different sources of capital that entrepreneurs have as their ventures develop. Funding is obviously a big component in entrepreneurship and I didn't realize the amount of factors that go into play for funding start-ups.
  2. What confused was Table 8.1 outlining the common debt sources. There seemed to be a lot going on and I couldn't analyze and sort out what the author was intending to get at. Although it was very simple with little words, this actually caused it to be lacking in detail and confusing. 
  3. If I could ask the author questions, I would ask: 1) When do you use debt financing or equity financing? I would ask this because if I ever wanted to start a business I would want to know which is the best option. Then I would ask: 2) Is there any situation where going public is an absolute necessity? I would ask this because if I ever own a business, I would want to know if I should go public if I'm struggling or still growing. 
  4. I disagree with Myth 3 about venture capitalists that says they are quick to invest. I think that they do need to act quick in some cases because if this product or good has been identified with great potential, then many venture capitalists will want to hop on board. Thus, I think when competition is involved, venture capitalists will want to act in their best interests and think quickly. 


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