Tuesday, February 23, 2016

Week 8- Reading Reflection

Week 8 Reading Reflection

1)      The biggest surprise for me in this reading was the sheer amount of options there are for obtaining money for a startup business. It goes a lot further than the simple bank loans and debt financing.
2)      The main part of the reading that was confusing to me was the part about the angels. I don’t really understand how one would find an angel or would become one. It sounds like they are just really nice people.
3)      Two questions I would ask are:
a.       What is the best way to get money for a startup?
b.      Why would someone choose to become a venture capitalist?

4)      I disagree with the statement: “many new ventures find that debt financing is not a choice but a necessity”. I believe that it would be a very good idea for some people to save up money to start a new business if they can. If they can save money they don’t have to worry about paying it back, they could just focus on their business. I understand for some people it may be necessary but I don’t think it should be generalized to “many”. 

No comments:

Post a Comment