New Venture Finance: Startup Funding for Entrepreneurs
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New Venture Finance: Startup Funding for Entrepreneurs
This course is part of Entrepreneurship: Launching an Innovative Business Specialization
Instructor: Michael R. Pratt
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There are 4 modules in this course
This course is for aspiring or active entrepreneurs who wants to understand how to secure funding for their company. This course will demystify key financing concepts to give entrepreneurs and aspiring entrepreneurs a guide to secure funding.
Examine the many financing options available to get your new venture funded. Learn the basics of finance, valuations, dilution and non-dilutive funding sources. Understand capital structure for new ventures, term sheets and how to negotiate them, and the differences between early-stage versus later-stage financing. Develop an understanding of how to develop winning investor pitches, who and when to pitch, how to avoid common mistakes that limit the effectiveness of the pitch, and how to ‘get to the close’. Key questions answered within the course include: * When to raise outside capital? * What kind of investors invest by stage and where to find them? * What are your fundraising options? * What are the key components of the term sheet? * How to perform company valuations? * How to pitch to investors? * What techniques help the entrepreneur ‘get to the close’? With this course, students experience a sampling of the ideas and techniques explored in the University of Maryland's master's degree in technology entrepreneurship, an innovative 100% online program. Learn more at http://mte.umd.edu/landing.
This session provides insights into the investment landscape, to include how investors and lenders evaluate new ventures. Key terminology and principles are addressed to provide learners without an accounting or finance background with an understanding of these areas.
What's included
14 videos43 readings2 assignments
14 videos•Total 124 minutes
- Preview of the Course•2 minutes
- Welcome to New Venture Finance•4 minutes
- Special Interview with Andrew Sherman, Attorney and Author•24 minutes
- The investment landscape•5 minutes
- Do you speak the language of raising start-up capital?•15 minutes
- Why should you start with the business plan?•6 minutes
- What do venture capitalists look for in a "good plan"?•8 minutes
- What financial statements do investors want to see?•7 minutes
- How do you develop a balance sheet?•4 minutes
- What should an income statement present?•6 minutes
- What is the purpose of the cash flow statement?•5 minutes
- What corporate structure should I use?•8 minutes
- Special Interview with Michael Labriola, Attorney•21 minutes
- How do investors view your early stage venture?•9 minutes
43 readings•Total 307 minutes
- Meet Michael Pratt•3 minutes
- Course overview•3 minutes
- Our suggested book for the course•3 minutes
- Connect with your classmates•3 minutes
- Accelerate Your Career with the #1 Online Master’s Degree for Startup Entrepreneurs and Corporate Innovators•5 minutes
- E&Y Global Venture Capital Insights•10 minutes
- The Shifting Investor Landscape•10 minutes
- New Venture Landscape•10 minutes
- Optional Reading: Sherman•10 minutes
- Lecture Slides•1 minute
- Forbes - 10 Terms You Must Know Before Raising Startup Capital•10 minutes
- Tech Republic - Startup and Venture Capital Terms You Should Know•10 minutes
- Washington, DC Archangels - Financing Terms•10 minutes
- Optional Reading: Sherman•10 minutes
- Lecture Slides•1 minute
- Forbes - How To Build A Billion Dollar Business Plan: 10 Top Points•10 minutes
- U.S. Small Business Administration - How to Write a Business Plan•10 minutes
- Optional Reading: Sherman•10 minutes
- Lecture Slides•1 minute
- Global Entrepreneurship Institute - What Financials Do We Need For Investors?•10 minutes
- Tomasz Tunguz - The 10 Most Important Metrics In A Startup’s Financial Statements•10 minutes
- Lecture Slides•1 minute
- Lecture Slides•1 minute
- Forbes - Mastering the Balance Sheet Can Make or Break A Startup•10 minutes
- TD Bank - How to Develop a Balance Sheet•10 minutes
- Lecture Slides•1 minute
- TD Bank - Sample Balance Sheet•10 minutes
- Purchase Area Development District - Balance Sheet Template in PDF•10 minutes
- Money-Zine - Building an Income Statement•10 minutes
- Forbes - Top 5 Reasons EBITDA is a Great Big Lie•10 minutes
- Lecture Slides•1 minute
- Accounting Coach - Introduction to Cash Flow Statement•10 minutes
- Lecture Slides•1 minute
- Entrepreneur - How to Choose the Best Legal Structure for Your Startup•10 minutes
- Launchhouse - Deciding the Best Business Structure for Your Startup•10 minutes
- Optional Reading: Sherman•10 minutes
- Lecture Slides•1 minute
- Seedcamp - How Does an Early-stage Investor View Early-stage Companies•10 minutes
- Quora - What Metrics Do VCs Look for in Early-stage Companies?•10 minutes
- Both Sides of the Table - The Four Main Things Investors Look for in a Startup•10 minutes
- Optional Reading: Sherman•10 minutes
- Lecture Slides•1 minute
- NEWCO Project Worksheet•10 minutes
2 assignments•Total 60 minutes
- Early Stage Investment Landscape•30 minutes
- NEWCO Project•30 minutes
This session examines the options that entrepreneurs face in where to raise their financial capital from in the early stages of their venture. From friends and family, to angel investors and venture capitalists, the pros and cons of each source of capital are explored.
What's included
8 videos16 readings2 assignments
8 videos•Total 75 minutes
- Sources of capital•9 minutes
- Where to find investors?•7 minutes
- Why consider friends and family as investors?•4 minutes
- What’s bootstrapping?•9 minutes
- Are incubators and accelerators a fit?•9 minutes
- Special Interview with Rick Gordon of Mach37•17 minutes
- What are angel investors?•10 minutes
- Are you ready to raise capital?•9 minutes
16 readings•Total 97 minutes
- Entrepreneur - Four Common Venture Capital Myths•10 minutes
- Madison Park Group - Guide to Venture Capital•10 minutes
- Optional Reading: Sherman•10 minutes
- Lecture Slides•1 minute
- Optional Reading: Sherman•10 minutes
- Lecture Slides•1 minute
- Optional Reading: Sherman•10 minutes
- Lecture Slides•1 minute
- Optional Reading: Sherman•10 minutes
- Lecture Slides•1 minute
- Optional Reading: Sherman•10 minutes
- Lecture Slides•1 minute
- Optional Reading: Sherman•10 minutes
- Lecture Slides•1 minute
- Optional Reading: Sherman•10 minutes
- Lecture Slides•1 minute
2 assignments•Total 60 minutes
- Sources of Capital•30 minutes
- Project - Sources of Capital•30 minutes
This session discusses the techniques and tools to secure funding for a new venture. This provides insights into how entrepreneurs can create a comprehensive funding strategy for their new venture.
What's included
9 videos21 readings2 assignments
9 videos•Total 83 minutes
- Steps in the funding process•2 minutes
- Special Interview with Jonathan Aberman, Venture Capitalist•14 minutes
- What is due diligence?•7 minutes
- What is your company worth?•10 minutes
- How to negotiate a term sheet?•9 minutes
- How to establish common stock?•7 minutes
- When to use convertible notes?•12 minutes
- What is preferred stock?•15 minutes
- When to use alternative sources of capital?•8 minutes
21 readings•Total 138 minutes
- Lecture Slides•1 minute
- Optional Reading: Sherman•10 minutes
- Lecture Slides•1 minute
- Startup Valuation Calculator•10 minutes
- Optional Reading: Sherman•10 minutes
- Lecture Slides•1 minute
- Optional Reading: Sherman•10 minutes
- Lecture Slides•1 minute
- Optional Reading: Sherman•10 minutes
- Lecture Slides•1 minute
- K9 Ventures - Thoughts on Convertible Notes•10 minutes
- Series Seed - Why Series Seed is better than capped convertible notes•10 minutes
- Sample - Form of convertible promissory note•10 minutes
- Optional Reading: Sherman•10 minutes
- Lecture Slides•1 minute
- Optional Reading: Sherman•10 minutes
- Lecture Slides•1 minute
- CB Insights - Top 15 Corporate VCs•10 minutes
- CB Insights - Evaluating the effectiveness of corporate venture capital investment in tech•10 minutes
- Optional Reading: Sherman•10 minutes
- Lecture Slides•1 minute
2 assignments•Total 60 minutes
- Principles of Funding Strategies•30 minutes
- Create a Funding Strategy for a New Venture Concept•30 minutes
This final session instructs learners on how to share their investment opportunity with investors and partners. With practical tips on the do's and don'ts of pitching, learners are able to develop a compelling story for their new venture.
What's included
6 videos16 readings2 assignments
6 videos•Total 43 minutes
- What do investors want to see?•7 minutes
- Guest Lecture with U.S. Secretary of Commerce Penny Pritzker - What are Investors Looking for in a Business Plan?•2 minutes
- How to create the pitch deck?•9 minutes
- How to tell your story?•5 minutes
- What are the do’s and don’ts of the pitch?•13 minutes
- How to close the round?•8 minutes
16 readings•Total 110 minutes
- Entrepreneur - What Investors Really Want•10 minutes
- Lecture Slides•1 minute
- Forbes - The ultimate pitch deck to raise money for startups•10 minutes
- BestPitchDecks.com - The best startup pitch decks•10 minutes
- Lecture Slides•1 minute
- Inc. Magazine - How to tell your company’s story•10 minutes
- Lecture Slides•1 minute
- KC Source Link - Pitches gone wild: What not to do when you pitch your startup to investors•10 minutes
- Inc. Magazine - Simple pitch tips that will attract investors to your startup•10 minutes
- Lecture Slides•1 minute
- Entrepreneur - Closing a startup financing deal•10 minutes
- Lecture Slides•1 minute
- Series A Startup - CEO Salary•10 minutes
- Startup Equity for Employees•10 minutes
- Series Seed (full set of deal documents)•10 minutes
- Accelerate Your Career with the #1 Online Master’s Degree for Startup Entrepreneurs and Corporate Innovators•5 minutes
2 assignments•Total 60 minutes
- Fundamentals of "The Pitch"•30 minutes
- Create "The Pitch" for a New Venture Concept•30 minutes
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Reviewed on Apr 3, 2016
A very good course. It gives a very good insights into the finance required for start-ups. This course is a must for all the future entrepreneurs.
Reviewed on Feb 22, 2024
Working in the startup scene, I found the course to be a valuable addition, providing theoretical insights to complement my practical experience.
Reviewed on Mar 5, 2016
The lectures were very useful and very clear. I learned a lot from this course. Thank you Prof. Pratt and Coursera.
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