Questions
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 found the due-diligence and analyzing the business checklists very useful because they approach the acquisition process from two different and necessary perspectives. Where the analyzing of business checklist focused more practically on the business, how it is structured, and how it functions, the due-diligence checklist was focused on the big picture, the value, and the inherent risks of the business.
2) Identify at least one part of the reading that was confusing to you.
The pre- and post-money valuation and the ownership stakes can be confusing even for seasoned entrepreneurs. I find myself having to pay extra attention to this issue.
3) If you were able to ask two questions to the author, what would you ask? Why?
How should the entrepreneur who is focused on social good as well as profitability reconcile these potentially competing principles with investors and stock holders?
How can a social entrepreneur protect themselves from investors and stock holders who are only focused on profit?
4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?
I didn’t find anything disagreeable in this chapter. It had a pretty straight forward breakdown of the venture valuation process.
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