- Level Professional
- Duration 11 hours
- Course by École Polytechnique
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Offered by
About
The course aims at providing knowledge and experience to entrepreneurs and would-be entrepreneurs. Entrepreneurs generally start with a mission, a new idea that they want to bring to the world. If the idea is original, it is probably not expected by the market, which has to be educated. This is a very costly experience. Entrepreneurs need to gather capital at the start of the journey. They need to articulate clear plans, define objectives and resources and raise money accordingly. They also need to manage cash for two reasons: i) because the better it is managed, the less you need to raise with outsiders; ii) because generation of cash flow is the pillar of the valuation of the company. And we should add that the practical reason why a company gets bankrupted is because it runs out of cash.. The course is based on this belief. We look at the myth of the balance sheet and explain the dynamics of cash flows and the way they should be managed. We also investigate the basics of venture capital and provide a practical roadmap to entrepreneurs. Many courses are dedicated to the same topic. Our originality is that we operate in the advisory board of the private equity firm, Xerys and are board members of their venture companies. In addition, Michel was the country head for Merrill Lynch in France while Philippe served in the same function at UBS. The former as head of investment banking, the latter as head of global markets.Modules
How to read your balance sheet ?
5
Assignment
- Why create a company?
- Figuring the Balance Sheet
- Cash Conversion Cycle
- Working Capital Requirement
- Non-Current Assets
5
Videos
- Why create a company?
- Figuring the balance sheet
- Cash conversion cycle
- Working capital requirement
- Non-current assets
VALUE CREATION AND CASH FLOW
7
Assignment
- What is a business plan?
- What is wealth?
- The main financial metrics of wealth creation
- How does your venture create cash?
- Burn rate
- Why Equity?
- Why not Debt?
6
Videos
- How does your venture create wealth?
- The main financial metrics of wealth creation
- How does your venture create cash?
- Burn rate
- Why equity?
- Why not debt?
Growth and market power
1
Assignment
- Quiz Growth, market power and financing
1
Videos
- 1.Growth, market power and financing
The entrepreneur and the venture capitalist
1
Assignment
- Quiz The entrepreneur and the financier
1
Videos
- 4.The entrepreneur and the financier: A long term relationship
The entrepreneur and the public markets
1
Assignment
- Quiz The IPO
1
Videos
- 5.The IPO: The beginning of a new story
The entrepreneur dilemma
1
Assignment
- Quiz Growth vs Ownership
1
Videos
- 2.The entrepreneur dilemma: Growth vs Ownership
Investment stages
1
Assignment
- Quiz Investment stages
1
Videos
- 3.Investment stages
Peer review
1
Peer Review
- The IPO of Square
Auto Summary
"How to Finance Your Venture?" is a professional course designed for entrepreneurs and aspiring business owners, provided by Coursera. Focused on Business & Management, this course covers essential topics like capital gathering, cash flow management, and venture capital basics. Taught by experienced professionals Michel and Philippe, it leverages their extensive backgrounds in investment banking. The course spans 660 minutes and is available through Starter and Professional subscription plans. Ideal for those looking to finance their business ventures effectively.

Michel Fleuriet

Philippe Tibi