- Level Foundation
- المدة 20 ساعات hours
- الطبع بواسطة University of Maryland, College Park
-
Offered by
عن
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.الوحدات
Introduction
2
Videos
- Preview of the Course
- Welcome to New Venture Finance
5
Readings
- Meet Michael Pratt
- Course overview
- Our suggested book for the course
- Connect with your classmates
- Accelerate Your Career with the #1 Online Master’s Degree for Startup Entrepreneurs and Corporate Innovators
The investment landscape
2
Videos
- Special Interview with Andrew Sherman, Attorney and Author
- The investment landscape
5
Readings
- E&Y Global Venture Capital Insights
- The Shifting Investor Landscape
- New Venture Landscape
- Optional Reading: Sherman
- Lecture Slides
Do you speak the language of raising start-up capital?
1
Videos
- Do you speak the language of raising start-up capital?
5
Readings
- Forbes - 10 Terms You Must Know Before Raising Startup Capital
- Tech Republic - Startup and Venture Capital Terms You Should Know
- Washington, DC Archangels - Financing Terms
- Optional Reading: Sherman
- Lecture Slides
Why should you start with the business plan?
1
Videos
- Why should you start with the business plan?
4
Readings
- Forbes - How To Build A Billion Dollar Business Plan: 10 Top Points
- U.S. Small Business Administration - How to Write a Business Plan
- Optional Reading: Sherman
- Lecture Slides
What do venture capitalists look for in a "good plan"?
1
Videos
- What do venture capitalists look for in a "good plan"?
3
Readings
- Global Entrepreneurship Institute - What Financials Do We Need For Investors?
- Tomasz Tunguz - The 10 Most Important Metrics In A Startup’s Financial Statements
- Lecture Slides
What financial statements do investors want to see?
1
Videos
- What financial statements do investors want to see?
1
Readings
- Lecture Slides
How do you develop a balance sheet?
1
Videos
- How do you develop a balance sheet?
5
Readings
- Forbes - Mastering the Balance Sheet Can Make or Break A Startup
- TD Bank - How to Develop a Balance Sheet
- Lecture Slides
- TD Bank - Sample Balance Sheet
- Purchase Area Development District - Balance Sheet Template in PDF
What should an income statement present?
1
Videos
- What should an income statement present?
3
Readings
- Money-Zine - Building an Income Statement
- Forbes - Top 5 Reasons EBITDA is a Great Big Lie
- Lecture Slides
What is the purpose of the cash flow statement?
1
Videos
- What is the purpose of the cash flow statement?
2
Readings
- Accounting Coach - Introduction to Cash Flow Statement
- Lecture Slides
What corporate structure should I use?
1
Videos
- What corporate structure should I use?
4
Readings
- Entrepreneur - How to Choose the Best Legal Structure for Your Startup
- Launchhouse - Deciding the Best Business Structure for Your Startup
- Optional Reading: Sherman
- Lecture Slides
Special Interview with Michael Labriola, Attorney
1
Videos
- Special Interview with Michael Labriola, Attorney
How do investors view your early stage venture?
1
Videos
- How do investors view your early stage venture?
5
Readings
- Seedcamp - How Does an Early-stage Investor View Early-stage Companies
- Quora - What Metrics Do VCs Look for in Early-stage Companies?
- Both Sides of the Table - The Four Main Things Investors Look for in a Startup
- Optional Reading: Sherman
- Lecture Slides
Challenge Activities
2
Assignment
- Early Stage Investment Landscape
- NEWCO Project
1
Readings
- NEWCO Project Worksheet
Introduction
1
Videos
- Sources of capital
4
Readings
- Entrepreneur - Four Common Venture Capital Myths
- Madison Park Group - Guide to Venture Capital
- Optional Reading: Sherman
- Lecture Slides
Where to find investors?
1
Videos
- Where to find investors?
2
Readings
- Optional Reading: Sherman
- Lecture Slides
Why consider friends and family as investors?
1
Videos
- Why consider friends and family as investors?
2
Readings
- Optional Reading: Sherman
- Lecture Slides
What's bootstrapping?
1
Videos
- What’s bootstrapping?
2
Readings
- Optional Reading: Sherman
- Lecture Slides
Are incubators and accelerators a fit?
1
Videos
- Are incubators and accelerators a fit?
2
Readings
- Optional Reading: Sherman
- Lecture Slides
Special interview with Rick Gordon of Mach37
1
Videos
- Special Interview with Rick Gordon of Mach37
What are angel investors?
1
Videos
- What are angel investors?
2
Readings
- Optional Reading: Sherman
- Lecture Slides
Are you ready to raise capital?
1
Videos
- Are you ready to raise capital?
2
Readings
- Optional Reading: Sherman
- Lecture Slides
Challenge Activities
2
Assignment
- Sources of Capital
- Project - Sources of Capital
Introduction
2
Videos
- Steps in the funding process
- Special Interview with Jonathan Aberman, Venture Capitalist
1
Readings
- Lecture Slides
What is due diligence?
1
Videos
- What is due diligence?
2
Readings
- Optional Reading: Sherman
- Lecture Slides
What is your company worth?
1
Videos
- What is your company worth?
3
Readings
- Startup Valuation Calculator
- Optional Reading: Sherman
- Lecture Slides
How to negotiate a term sheet?
1
Videos
- How to negotiate a term sheet?
2
Readings
- Optional Reading: Sherman
- Lecture Slides
How to establish common stock?
1
Videos
- How to establish common stock?
2
Readings
- Optional Reading: Sherman
- Lecture Slides
When to use convertible notes?
1
Videos
- When to use convertible notes?
5
Readings
- K9 Ventures - Thoughts on Convertible Notes
- Series Seed - Why Series Seed is better than capped convertible notes
- Sample - Form of convertible promissory note
- Optional Reading: Sherman
- Lecture Slides
What is preferred stock?
1
Videos
- What is preferred stock?
2
Readings
- Optional Reading: Sherman
- Lecture Slides
When to use alternative sources of capital?
1
Videos
- When to use alternative sources of capital?
4
Readings
- CB Insights - Top 15 Corporate VCs
- CB Insights - Evaluating the effectiveness of corporate venture capital investment in tech
- Optional Reading: Sherman
- Lecture Slides
Challenge Activities
2
Assignment
- Principles of Funding Strategies
- Create a Funding Strategy for a New Venture Concept
Introduction
2
Videos
- What do investors want to see?
- Guest Lecture with U.S. Secretary of Commerce Penny Pritzker - What are Investors Looking for in a Business Plan?
2
Readings
- Entrepreneur - What Investors Really Want
- Lecture Slides
How to create the pitch deck?
1
Videos
- How to create the pitch deck?
3
Readings
- Forbes - The ultimate pitch deck to raise money for startups
- BestPitchDecks.com - The best startup pitch decks
- Lecture Slides
How to tell your story?
1
Videos
- How to tell your story?
2
Readings
- Inc. Magazine - How to tell your company’s story
- Lecture Slides
What are the do's and don'ts of the pitch?
1
Videos
- What are the do’s and don’ts of the pitch?
3
Readings
- KC Source Link - Pitches gone wild: What not to do when you pitch your startup to investors
- Inc. Magazine - Simple pitch tips that will attract investors to your startup
- Lecture Slides
How to close the round?
1
Videos
- How to close the round?
2
Readings
- Entrepreneur - Closing a startup financing deal
- Lecture Slides
Challenge Activities
2
Assignment
- Fundamentals of "The Pitch"
- Create "The Pitch" for a New Venture Concept
Further Readings and Resources (Optional)
3
Readings
- Series A Startup - CEO Salary
- Startup Equity for Employees
- Series Seed (full set of deal documents)
Accelerate Your Career with the #1 Online Master’s Degree for Startup Entrepreneurs
1
Readings
- Accelerate Your Career with the #1 Online Master’s Degree for Startup Entrepreneurs and Corporate Innovators
Auto Summary
Discover the essentials of startup funding with "New Venture Finance: Startup Funding for Entrepreneurs." This foundational Business & Management course, led by the University of Maryland, is perfect for aspiring and active entrepreneurs. Over 1200 minutes, you'll explore financing options, capital structure, term sheets, investor pitches, and more. Available on Coursera with Starter and Professional subscription options, it’s an ideal guide to mastering the financial landscape of new ventures.

Michael R. Pratt