A practical approach for entrepreneurs and investors Entrepreneurial Finance provides readers with the fundamental knowledge to finance, start, grow, and value new ventures, without the complex finance terms and calculations. This comprehensive yet practical approach incorporates a global perspective that appeals to entrepreneurs, investors, and students with diverse backgrounds, knowledge, and experience. From Facebook to Camera+, Gary Gibbons, Robert D. Hisrich, and Carlos M. DaSilva use real-world examples and their professional experiences to bring concepts to life. This text is one of the most readable books in the market without compromising high quality content and resources.
Chapter 9: Raising Capital
- To understand the difference between debt and equity funding
- To identify the different financing stages of a venture
- To understand the various sources of capital, including debt and equity financing
- To develop a general understanding of the laws and regulations governing raising private capital
The director, Steve Taylor, was about to give up on his upcoming film, an adaptation of Donald Miller's novel Blue Like Jazz, the day before its preproduction as he received the news that two investors backed out of their $500,000 commitment to the project. With no financing, the project seemed doomed. Donald Miller [Page 172]posted the news on his blog, and immediately two fans responded by proposing to start a fundraising campaign to finance the film via Kickstarter.com. ...