Week 8 Reading Reflection

1.) One thing that surprised me from the reading was seeing that venture capitalists aren't satisfied with a reasonable return on investments. I thought investors would stay satisfied as long as they make a decent return. I didn't expect that they would want unreasonable returns in order to invest.

2.) One thing that confused me from the reading was that they didn't really explain why having too much reliance on one member of a team could be deal breaker for venture capitalists. I never assumed that that would be a problem.

3.) My first question to the author would be what he thinks of the new trend of crowdfunding? Does he think it could take over as the main way to finance a business? Also, in this day and age its hard to make a product that is truly unique. What does he think is the best way to try and present a product if uniqueness isn't possible.

4.) I think the author is wrong to think that unrealistic expectations can be a deal breaker for venture capitalists. From what I've seen, people who make the products have more understanding of the industry more than anyone. So they know exactly how well they're product is really worth.

Half-way Reflection

1.) A behavior I picked up to keep up with this course is to try and stay organized and manage my time well. There were times in the beginning where I would almost forget to do assignments. Now I keep a schedule on when I want to get things done.

2.) Moments I felt like giving up was when I had to do the interviews and the elevator pitch. I couldn't bring myself to do them but then I realized that they were things that could be done really quickly. I think those two assignments have helped me develop a tenacious attitude.

3.) three tips I would give out for this course:

1. Keep a schedule on when you want to get things done. This makes things easier.
2. Don't worry about having to go out and asking/ interviewing people.
3. Having a friend with you when doing some of the assignments can make things easier.