1. What stood out in the reading?
Figure 8.1 "Who is Funding Entrepreneurial Start-Up Companies" was very interesting. The least amount of funding comes from the owners themselves while the most amount of money comes from IPOs. I thought a lot of entrepreneurs had to save up a large amount of money to start a businesses, but seed capital, venture capital, and government programs can significantly help. I also found it interesting that venture capitalists add value to entrepreneurial firms beyond simply the money they supply, especially in high-innovation ventures. I also didn't know there were various types of angel investors.
2. What were some confusing aspects?
I suppose the main differences between business angels and venture capitalists are a bit confusing to me. I just wonder why they differ so much in the contracts that are used, how important the locations of investments and rate of return are.
3. What was the author wrong about?
All of this information was actually pretty new to me, as I've never been educated on the specifics of funding business ventures. So everything I read I read with an open mind and didn't find any disagreements.
4. What two questions would you ask the author?
How do venture capitalists initially decide if a new venture is capable of "sustained intense effort?"
Has an entrepreneur's track record really mattered that much in having a successful new venture?
No comments:
Post a Comment