Friday, February 26, 2016

Week 8 Reading Reflection

Sources of Capital for Entrepreneurial Ventures

Much of this chapter was information I have previously learned in my finance classes so it was interesting to see things like debt, equity, and IPOs applied to entrepreneurship ventures. I think it is important to note the thinking and time needed to secure a bank loan. It is not an easy process. The most surprising thing I read was that "more than 25% of all small ventures were started with less than $500." There is nothing I disagree with in this chapter. Everything was explained well and related back to entrepreneurship accurately. I would ask the author which types of businesses are usually started using  each method of raising capital such as venture capital versus equity financing or private placement. I thought it was interesting that the author included how entrepreneurs should ask questions of venture capitalists and what the 7 best types of questions were.

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