People knew that with gambling, even if you had no money, as long as you could borrow some and either have the luck of Superman or surpass the casino owner's skills, you could make money in minutes.
So, what exactly is corporate finance about?
First, how to borrow money before a company officially starts producing and creating value from goods.
Second, how to use the expected goods to be produced as collateral before production starts and raise more money.
Third, with the borrowed money, you could either produce or invest, continuing to generate more money.
These three basic points, although not difficult to understand, involve various aspects and require the cooperation of specialized knowledge from different industries to translate into feasible corporate actions, which is usually hard for people to believe.
For example, legal financial activities must be within the legal boundaries permitted by the government, thus involving the participation of a team of lawyers.
