ms&e 272 entrepreneurial financeweb.stanford.edu/class/msande272/resources/class 1-intro... ·...
TRANSCRIPT
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MS&E 272
Entrepreneurial FinanceMarch 29, 2005
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Note:Class Time Change
Tuesday 3:15-5:15Room 380-380X
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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 ([email protected]) 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 on 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 of 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 companiesEvaluate and structure financingsManage characteristics of multiple stages of fundraisingEvaluate 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 ChartName Cards
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Questions