9: Venture Finance I (Sources)

Date: 
Tuesday, October 24, 2017
Summary: How do entrepreneurs set priorities when gathering financial resources?  Today's session introduces the topic of venture finance.

Quote of the Day: "Success is to be measured not so much by the position that one has reached in life as by the obstacles which he has overcome while trying to succeed." ~ Booker T. Washington

Study Questions
(Policy on Study Questions.)
  • What are the primary reasons for creating a business plan (or pitch)? What are the benefits from creating one?   What are the most important sections of a business plan and why? Skim the executive summary of a sample business plan in Appendix A of the Technology Ventures textbook and the LinkedIn's annotated pitch deck to a VC here
  • In your personal opinion, what is the most important risk to reduce in a startup?  Is it technology, market, team, or financial?  Why?
  • How do high tech entrepreneurs finance their ventures?  What do venture capitalists do? What is the structure of a typical venture capital firm?  How does a typical firm operate?
Required Readings (Policy on Required Readings)
Recommended Readings