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?
The biggest surprise for me in the reading was that in equity financing, the money invested in the venture has no legal obligation for entrepreneurs to repay the principal amount or pay interest on it.
2) Identify at least one part of the reading that was confusing to you.
The one part of the reading that was somewhat confusing was the part about collateral in regard to commercial banks. Through context clues and research, though, I infer that it is something that the borrower is liable for in order to pay back the loan to the lender. Another part of the reading that was confusing was the part about factoring.
3) If you were able to ask two questions to the author, what would you ask? Why?
The first question that I would ask: what do you mean by factoring? You say that it is the sale of accounts receivable, but what does that mean? What do you mean by the factor is the client’s receivables?
4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?
I do not think that there was anything the author was wrong about; however, there were parts of the reading that require some more clarification, such as factoring, public offerings, and venture capitalists’ screening criteria.
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