Sunday, February 28, 2016
Week 8 Reading Reflection
Once again, I found myself immersed in the fledgling yet oddly enjoyable text of Kuratko's Entrepreneurship. This chapter focused on sources of capital and the finacial practices of businesses. Lets take a look, shall we?....
Two things stood out to me, the myths surrounding venture capital, and the decline of commercial banks. Before reading my views were a little naive but now I understand that for people to fund your project initially, they're gonna want a controlling voice into the future. I also was surprised that theres projected to be only 4000 commercial banks by the end of the decade, a decrease I did not expect.
If anything was difficult to understand it was the section regarding "angle investors". I get the idea, I just wish that the text went into more detail examining the motives and results of the investor's actions. Things like this need anecdotes along with it to capture the underlying thoughts behind decisions.
Hey Kuratko: "What do you see the future of social lending and VC being like?" "Let me hear your opinion on what types of businesses are best suited to take on which type of investment?"
I can't really debate any of the evidence presented in the chapter, but I would like to contend that chapters like this could be better organized and need a lot more in-depth detail for students to truly see how the process of investment and equity works.
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WEEK 8
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