Entrepreneurial Finance March 29, 2005 Note: Class Time Change - - PowerPoint PPT Presentation

entrepreneurial finance
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Entrepreneurial Finance March 29, 2005 Note: Class Time Change - - PowerPoint PPT Presentation

MS&E 272 Entrepreneurial Finance March 29, 2005 Note: Class Time Change Tuesday 3:15-5:15 Room 380-380X Prof Doug Mackenzie (650) 233-3336 dmackenzie@kpcb.com Assistant - Karen Seale kseale@kpcb.com CA - Eric Carr


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MS&E 272

Entrepreneurial Finance

March 29, 2005

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Note: Class Time Change Tuesday 3:15-5:15 Room 380-380X

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Prof Doug Mackenzie

ecarr@stanford.edu

CA - Eric Carr

(650) 233-3336 dmackenzie@kpcb.com Assistant - Karen Seale kseale@kpcb.com

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Website

http://www.stanford.edu/class/msande272

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Text and Reader

Entrepreneurial Finance: A Casebook (Gompers & Sahlman) Course Reader

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Tuesdays 12:30-2pm in Terman 453A Schedule via email to Karen Seale (kseale@kpcb.com) by prior Friday Priority to classwork and first-time visitors, but happy to meet re business plans, careers, etc-- 1x Eric’s Office Hours will be posted this week

  • n the web site

Office Hours

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Grading

40% Class Participation (contribution,

attendance, promptness)

40% Take-home Final Exam (case analysis) 20% Homework Assignments (2 individual, 1

group case analysis, 1 group presentation exercise)

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Attendance Promptness Participation and Contribution Readings and Preparation Case Analysis

Expectations

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  • MS&E 272 will teach prospective general

managers of entrepreneurial companies how to make the financial decisions involved with building high-risk high-growth new enterprises.

Overview

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  • It will also prepare these students to deal

with the various financing resources available to these same enterprises, including: venture capitalists, investment bankers, and other financial stakeholders

Overview (cont’d)

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  • Be able to:

Read and interpret financial statements

  • f early stage companies

Evaluate business models Value early stage companies

Primary Objectives

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  • Understand how to:

Identify, assess, and manage risk in early stage companies Evaluate and structure financings Manage characteristics of multiple stages

  • f fundraising

Evaluate and match financing from various sources

Primary Objectives

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  • Understand:

How to use equity to attract employees to early stage companies How to evaluate and recruit corporate partners The important terms involved with deals The value of options

Other Objectives

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Investment Analysis (Classes 1-4) Concept of Fit Sources of Value Analytical Tools Financing the Entrepreneurial Firm (Classes 5-9) Sources of Capital Structuring Deals Managing Through Stages of Financing Going Public

Course Organization

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Class Roster

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Seating Chart Name Cards

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Questions