Tuesday, February 23, 2016

Week 8 Reading Reflection

I found this weeks reading to be very enlightening.  What surprised me the most was how almost twenty five percent of all small ventures start with less than $500.  I'm just amazed that companies are even able to start with that little.  One thing that I found confusing was raising capital through private placements.  I think its because of the different rules that apply to it and how you have to follow them.  I agreed with everything the author said.  Overall, I thought this was a good chapter to read for this week.

Some questions I have for the author:
  • In your opinion, what is the best method for raising capital for your company to start up?
    • I think this could help future entrepreneurs with the best way to raise capital so that they can start their business successfully.
  • How much capital do you think would be needed for your average company to successfully start up?
    • I think this could be useful for future entrepreneurs to get a ballpark range of how much capital they need to successfully start up.

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