Introduction to venture capital
Theory:- Innovation and the venture economy
- Risk management and fundraising
- The investor's role in a startup's life
- The investor's position and role in a startup
- Investors' interests and returns
Practice: cases exploring investors' roles in a startup's life
Startup valuation and portfolio building
Theory:- Startup financial models and unit economics
- Working with presentation materials
- Startup valuation
Practice: reviewing financial models and presentations, identifying hidden nuances and attempts at manipulation
Theory:- Legal aspects of a deal
- Reviewing the key terms of a Term Sheet, investment agreement and convertible instruments
- Conducting Due Diligence
- Cap Table and equity management
- Exiting a startup and distributing returns; exit pitfalls
Practice: reviewing the terms of real deals and exits, and actual VC returns
Theory:- Business models and the product
- Market and competitor assessment
- The team and its motivation
- Investor relations
Practice: reviewing successful and unsuccessful cases of investors working with startup teams, business models and competitor relationships