1. The biggest surprises for me were the myths (and rebuttals) about Venture Capital firms. From the five myths listed, it was crazy to realize what a Venture Capital firm's expectations were; those expectations really made me reconsider my idea and evaluate just how profitable it might be.
2. More on the topic of Venture Capitalist, how do individuals have so much trust in their own ideas to trust a VC with that idea? More specifically, it seems VCs are a fairly unreliable source for funding unless you have a) a stellar idea b) the management capacity to make it work and c) a full proof plan that's up the the VC's standard. I read that out of say 100 proposals, only 1 is chosen to be funded; not only that the VC expects enourmous returns from the idea. With standards and statistics like that I'm not sure how a VC could be considered reliable.
3. What are they're personal opinions of a VC, not just the factual information provided?
What in their opinion is the best, more reliable route to get your idea funded?
4. As per the past weeks, I'm not exactly sure how you disagree with a book that's supposed to be teaching you the business... However, I agree there are "advantages" to debt financing, but the entire idea of borrowing more while still under debt seems really risky. Even more so if your borrowing to keep your idea afloat.
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