A part that was really surprising to me was how much money IPO's can raise. Kuratko mentioned how in some years only $27 or $45 billion were raised. It's insane to think that these amounts of money are considered small in terms of IPO's. I would have never guessed that they can have way more than that in value over the course of a year.
One thing that was confusing to me in this chapter was when he talked about other debt financing sources. Commercial banks made sense to me but a lot of the other ones seem complicated, specifically factoring. They're much harder to understand because they use so many technical financing terms that I might not be totally familiar with. Since I don't have a lot of experience with banks or investing, it's more difficult to understand this part
The first question I would ask would be if there are any advantages to getting debt financing from somewhere other than a commercial bank. He talked about places you can get debt financing besides a commercial bank and I'm just curious if they should be used as a last resort or if there is some upside to them. Another question I would ask him would be if there have been any really successful companies that got started due to social lending. It's a really interesting concept and I'm just curious if anybody really hit it big with the help of one of those services.
One thing I found I disagreed with Kuratko on was when he said "industry has become more efficient and more responsive to the needs of the entrepreneur." I remember I was reading an Economist article a while back that told me the opposite. It mentioned how due to the increased government regulations over time, there has been a decrease in innovation. With all of the new hoops people have to jump through, it has become so much harder to innovate successfully.
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