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?
Social Lending or Crowd Funding for business loans. I always thought you either raised capital, (self finance, family, IPO's, etc) or you secured financing. I've heard of social lending sites for personal lending but I didn't realize this was a new source of capital for businesses. This seems to be a risky investment but can have a great return on investment if the borrowers repay.
2) Identify at least one part of the reading that was confusing to you.
Rule 504-506. I had a difficult times understanding their meaning and what they are. Descriptions were brief and seemed vague.
3) If you were able to ask two questions to the author, what would you ask? Why?
What do you think the most efficient way of obtaining working capital for a start up business would be?
4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?
In my opinion, there was not anything I would disagree with pertaining to this chapter. This explanation on marketing, equity capital, etc seemed to be more fact based conversation than opinion. Overall, I actually found this to be one of the easier chapters to understand by this author.
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