Course Details
PASS / NO CREDIT
Yes (may vary by section)
DESCRIPTION
This course uses the case method, alongside selected lectures and guest speakers, to study entrepreneurial finance and venture capital decision focusing on the funding decisions of start-ups (fast growing entrepreneurial firms). The goal is to understand how entrepreneurs can raise funds and how venture capital partnerships choose, value, structure, fund, and manage their investments. The course covers all stages of the financing process, from startup to exit, structuring multi-staged financings, and valuing entrepreneurial ventures. In addition, the course provides insight into how venture capital partnerships work, why they take the forms they do, and where the crucial problems and opportunities for innovation exist. Consideration is given to the incentives faced by venture capital partnerships and the investors in those partnerships, and how to properly make financing decisions and negotiate contractual terms. The course emphasizes high growth start-ups searching for funding in the US and venture capital funding as opposed to more traditional entrepreneurial and family firms operating globally (see FINC945 for these topics) and to Leveraged Buyouts (see FINC-448 for LBOs). The course is aimed primarily at people who may be involved in an entrepreneurial venture at some point in their careers, those interested in pursuing venture capital careers, or those interested in asset management. The coursework will consist of case study write-ups as well as a take-home final exam.
TRACKS
Energy and Sustainability Pathway
Entrepreneurship Pathway
Finance Major
Growth and Scaling Pathway
Technology Management Pathway
VC/PE Pathway - Equity Growth
VC/PE Pathway - Venture Capital
Entrepreneurship Pathway
Finance Major
Growth and Scaling Pathway
Technology Management Pathway
VC/PE Pathway - Equity Growth
VC/PE Pathway - Venture Capital
PREREQUISITES
Prerequisites:
All Students: (FINC-431-0 OR FINC-435-0 OR FINC-440-0)
Negative Prerequisite:
All Students: FINC-980-5
All Students: (FINC-431-0 OR FINC-435-0 OR FINC-440-0)
Negative Prerequisite:
All Students: FINC-980-5