1. Why do many new businesses need outside funding? (give two reasons) 2. Explain the difference between equity and debt as sources of funding for startups. Which type of funding (equity or debt) did Chobani prefer and why? 3. Briefly describe what angel investors and venture capitalists are, what kinds of companies they invest in, and what their expectations are. 4. In the end of the article on Chobani, the entrepreneur says that “Eventually we may take Chobani public”. What kind of impact does taking a company public have on the finances of a business? Can you think of a reason why Chobani should not become a public company?