Question
From the beginning of this course we have talked about raising capital for firms. The first chapter (Figure 1.4 through Figure 1.7), talked about how
From the beginning of this course we have talked about raising capital for firms. The first chapter (Figure 1.4 through Figure 1.7), talked about how those with ideas and not money have to attract money from those with money and not ideas. Figure 1.7 depicts the flow of funds between these two parties that is facilitated by financial institutions such as the stock market. For this discussion, watch the CNBC interview with Mark Cuban (http://video.cnbc.com/gallery/?) about the role of the stock market in the capital transformation process. Discuss what he is saying (dont just restate it, explain what he is saying) and then either support his argument or refute his argument with your own research and critical thinking. Be sure to incorporate the figures into your discussion. Needs to be 400 words.
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