Week 8 Reading Reflection

1) What was the biggest surprise for you in the reading? In other words, what did you read that stood out the most as different from your expectations? 

I have honestly been very curious this whole semester as to how entrepreneurs obtain their capital and the necessary finances to start their business. This chapter was all very interesting to me because of my lack of knowledge on the subject. But what had really stood out to me was equity financing. I have heard this term before but have never known what it actually meant, so it was interesting to read about it and the different sources that it can be raise through.

2) Identify at least one part of the reading that was confusing to you.

Private placement was a little confusing to me at first. I had never learned about anything of this sort so it was completely new to me, making it a little difficult to understand. There are so many different parts with unusual names.

3) If you were able to ask two questions to the author, what would you ask? Why?

1.) Would you say there is a best way to obtain capital for entrepreneurs? I ask this question because I would like to know his opinion on what he feels is best and appropriate, although it probably just depends on the entrepreneur and the situation he/she is in.

2.) Do you feel it is a good idea to turn around problem ventures, or is it better to just consider it a sunken cost and move on? I ask this because the author mentions general partners salvaging these ventures, so I wanted to know the authors opinion on this topic.

4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?

I didn’t think the author was wrong about anything. It’s very hard to disagree with a textbook since everything is backed up with facts and sources. The author doesn’t include opinions and is very thorough in his explanations.