Entrepreneurial Finance

Issues associated with financing entrepreneurial ventures, and the valuation and investment issues associated with new ventures. Major topics include investment analysis, financing the new venture, harvesting, and renewal in the entrepreneurial firm. The subject covers entrepreneurial finance, venture capital and general principles of investing in high (biotechnology, nanotechnology, information technology, e-business) and low technology.

• 1Construct new venture financial models;
• 2Assess the timing and amounts of financial needs;
• 3Estimate risks and expected returns of financial claims;
• 4Value financial claims in light of diversification;
• 5Evaluate alternative venture strategies;
• 6Estimate the effects of complex options on value;
• 7Design and negotiate deals;
• 8Address information and incentive problems;
• 9Understand the institutions of new venture finance;
• 10Develop a business plan to attract outside funding;
• 11Deal with uncertainty and incomplete information sets; and
• 12Gain case study skills.