Week 13 Reading Reflection

1. Although I wasn't surprised about the concept of due diligence, I was surprised of actually how thorough their research was. I mean the section alone on due diligence covered 3-4 pages of material on how to value a company. Although, when you think about it, if you are acquiring a big company, you don't want to leave a stone unturned. 
2. What confused me was the underlying issue when acquiring a venture of emotional bias. Now, I do agree with the statement that buyers might believe it's worth more than the seller, but how can you translate that into numbers. It's an interesting idea, but I am confused on how to place a value on that opinion. 
3. If I were to ask the author two questions, it'd be: 1) What is the most important facet in a due diligence? I would ask this because if I was every buying another business, I would want to know the key factor to help my decision process. I would also ask: 2) Which method for venture valuation is most effective to show future success? I would ask this because as a potential owner of a business, I would want to know how to value my own company as well as other companies I might buy so that I could be most profitable. 
4. I didn't disagree with him anywhere, but I didn't like the format of this chapter. With large tables of due diligence, checklist for analyzing a business, and methods for venture valuation, it made everything complicated. Although these ideas are complex and deserve such attention, when reading a 3-4 page table of information, it's very hard to identify important parts and to keep my focus.