Week 8 Reading Reflection

I found this reading to be one of the most interesting thus far, mostly because at a glance the concepts discussed go right over my head. Upon further reading it actually clarified a few points, but I am still a tad confused on the different types of capital and their uses. If I were able to ask the author two questions they would be:

1. Can you further explain venture capital and why the venture capital market has grown?

2. Why has informal risk capital begun to play an important role in new-venture financing?

I would ask these questions because I still am a little lost on the concept. I did not disagree with anything the author said because I'm still a little lost.