BUS 28 — Funding a New Enterprise: Learn from Experienced Silicon Valley Practitioners
Quarter: Summer
Instructor(s): James Terranova
Date(s): Jun 26—Aug 14
Class Recording Available: No
Class Meeting Day: Thursdays
Class Meeting Time: 6:30—9:00 pm (PT)
Tuition: $765
Refund Deadline: Jun 28
Unit(s): 2
Status: Open
Quarter: Summer
Day: Thursdays
Duration: 8 weeks
Time: 6:30—9:00 pm (PT)
Date(s): Jun 26—Aug 14
Unit(s): 2
Tuition: $765
Refund Deadline: Jun 28
Instructor(s): James Terranova
Recording Available: No
Status: Open
You have an idea to solve a problem, you have created the product or service to address this problem, you have proven the concept, and now you are ready to launch your new enterprise. But how do you get it funded and keep it on the path to success? This course will provide students with a balanced technical overview of the role and methodology of venture capital and angel financing from the perspective of both the startup or early-stage company and the investor. The course will begin with an overview of the public equity marketplace and venture financing industry, including angel investors, incubators, and accelerators. We will then cover the concepts of risk and reward, organizing for optimal funding, equity and debt instruments, the pitch, term sheet and valuation negotiations, and subsequent financing rounds, including the IPO process. Current trends in private financing and deal terms will also be discussed. Veteran high-level venture professionals, along with experienced attorneys who work extensively with startups and later-stage companies, will be guest speakers. Each step in preparing to raise venture financing and actually doing so considers the perspective of the financier—the one deciding who gets funded and who does not. This course is a must for anyone who is considering, or has created, a new enterprise.
JAMES TERRANOVA
Managing Director, Emeritus, WS Investment Company, Wilson Sonsini Goodrich & Rosati
James Terranova selected and monitored investment opportunities from among Wilson Sonsini Goodrich & Rosati's private client and venture capital/private equity funds for more than 27 years. Earlier, he specialized in financial services with a major Wall Street firm and was an adjunct professor of finance at Menlo College. He is the chairman and president of the Ohio State Early Investor Network, which connects Buckeye-run companies with Buckeye-alumni angel investors. Terranova is also a featured speaker for entrepreneur groups visiting the US from Europe, Asia, and South America.
Textbooks for this course:
There are no required textbooks; however, some fee-based online readings may be assigned.