1.) The most surprising thing in the reading this week was the social lending for entrepreneurs section. I heard about crowdfunding before, but didn't know that with social lending web based enterprises basically referee peer to peer funding for start ups who can't get capital otherwise. It was very intriguing that some of these websites are making money by helping others make money.
2.) The most confusing aspect of this chapter was definitely the equity funding. It seemed weird to me that a capitalist would agree to not be repaid a certain amount in return for parts of the company. It seems like a risky way to do business.
3.) Question 1: If you could give advice to a start up about the first step to figuring out which route to go for getting capital what would it be?
Question 2: Angel investors seem to have very many different names, do they identify themselves this way, or does a start up have to figure this out after already signing a deal and then working with them?
4.) I think the author may have forgotten to include the fact that some Angel Investors work in groups. In my experience this is the most common way for Angel Investors to network with start ups and it is important to include in the text.
Showing posts with label Week 8. Show all posts
Showing posts with label Week 8. Show all posts
Wednesday, February 24, 2016
Half-Way Reflection
1.) In order to keep up with the class I make sure to check in every single day and figure out what is coming up for the week. If I have time I start on projects early and try not to wait till the last minute.
2.) The blog posts where we had to ask strangers to participate in interviews were too difficult for me and I didn't complete them. I was hugely set back because I didn't feel comfortable doing these assignments but would be missing a large amount of points for not doing them. I only decided recently that since I missed those points the best thing I can do is participate in all extra credit points and spend as much time as possible on all other assignments to get them finished and avoid losing any more points.
3.) Three Tips:
A.) Always pick a few assignments to do every day so that you can be ahead.
B.) Comment, Comment, Comment... Don't lose points for forgetting to comment on your classmates blog!
C.) Always check the settings of your blog posts before posting them, sometimes settings can default and leave videos/blogs set to private and you can lost points without even knowing you did something wrong!
2.) The blog posts where we had to ask strangers to participate in interviews were too difficult for me and I didn't complete them. I was hugely set back because I didn't feel comfortable doing these assignments but would be missing a large amount of points for not doing them. I only decided recently that since I missed those points the best thing I can do is participate in all extra credit points and spend as much time as possible on all other assignments to get them finished and avoid losing any more points.
3.) Three Tips:
A.) Always pick a few assignments to do every day so that you can be ahead.
B.) Comment, Comment, Comment... Don't lose points for forgetting to comment on your classmates blog!
C.) Always check the settings of your blog posts before posting them, sometimes settings can default and leave videos/blogs set to private and you can lost points without even knowing you did something wrong!
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