The theme of this course is the integration of financial theory and entrepreneurship. The course content is designed for those students interested in being involved with new ventures as an investor, founder, or employee. Students wanting additional perspective on financing decisions of young firms including venture debt, bank debt, corporate VS as well as traditional angel and venture capital investing may also find the course applicable.
The primary focus of the course is to aid students in making better financial decisions in entrepreneurial and new business settings. The course covers the basic structures and incentives employed in private equity and venture capital, as well as specific issues related to financing, valuing, and monetizing investments in new ventures. Particular emphasis will be placed on methods for funding new businesses, analyzing cash requirements, adaptive valuation techniques where information gaps exist, multi-stage investments, risk-return considerations for undiversified investors, and exit strategies.