Week 13 Reading Reflection

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?

I thought venture valuation would be a simple assets minus liabilities type of thing. But it was a little more complex than that. I did not take into account the startup cost involved in the mix.

2)      Identify at least one part of the reading that was confusing to you.

It was all fairly simple to understand. There was only a little terminology that I hadn’t seen before.

3)      If you were able to ask two questions to the author, what would you ask? Why?

I would ask how startup cost is evaluated into the selling price and how much it matters. I would also ask the author to elaborate on how he determines the right time to sell a venture.

4)      Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?

I don’t disagree in with anything specific that the author said. But I think that there is less emotional biases because I think people understand now more than ever that business is business.