Financing New Ventures

Undergraduate Prerequisites: (QSTFE 223 or QSTSM 132 or QSTSI 250 or QSTSI 480 or COMFT 591, or SHAHF 307) and Sophomore standing - Students will be expected to have mastered key finance concepts including financial statement analysis, NPV, IRR and basic option pricing theory prior to entering the course. Introduction to financing sources for start-up firms, including angel funding, venture capital financing, boot-strapping, debt and other sources. Focus on capital structure analysis, capitalization tables, payoff diagrams, term sheets, equity incentives, cash flow projections and negotiating with investors. Students are expected to prepare case studies for class discussion and become familiar with current events in the financial news about start-up company financings.