Week 13 Reading Reflection

Week 13 Reading Reflection

Valuation of Entrepreneurial Ventures

1.       Surprising – I was very surprised by the length of the checklist for analyzing a business. There are so many details that go into finding out how much a venture is worth. It seems to be such a more extensive system than I would have ever guessed before reading this week’s chapter.

2.       Confusing – I found the adjusted tangible book value to be somewhat confusing. I can understand that a company would want to adjust its book value to accurately depict what something is truly worth, but the book is not very specific on how or what is subtracted from the gross book value to find the adjustment.

3.       Questions – I would be very interested in asking Kuratko how the due diligence evaluation was put together and assembled. It seems like such an intricate and time consuming process. I would also be very interested in asking Kuratko about the specifics of calculating the actual value of a venture. The reading leaves out the details and makes the process seem vague. I’m interested in knowing how it works.

4.       Incorrect – As I was very unfamiliar with this topic, I did not see anything in this chapter that I could see as incorrect. On the contrary, I appreciated the global perspective cut out. I found the evaluation of Dubai’s innovative views to be very interesting.