Course Detail

Entrepreneurial Finance and Private Equity (34101)

Course Description by Faculty

  • Meadow, Scott
  • Content
    Using the case method and an array of guest lecturers to supplement the casework, this course is meant to aid those students who are considering being part of an entrepreneurial enterprise or evaluating such enterprises from the seat of the public or private financier.

    The chief objective of the course is to provide an understanding of the criteria for a successful entrepreneurial endeavor and the methods of analysis to make the proper judgment. The casework will consider ventures representing broad sectors of the economy, including telecommunications, healthcare and consumer services. These sectors will be used to examine entrepreneurial activity and analysis. The impact of the Internet / social media as an enhancement to these sectors will be interwoven throughout.
    The class analyzes the role of various functional areas e.g., finance, marketing, and strategy, toward achieving success in new ventures.

    Daily discussions will cover issues of private equity finance from seed stage through growth equity to recapitalization. Deal structure, incentive design, risk-based valuation, financial management in private, rapidly growing enterprises will be included. Exit strategies will be covered, including initial public offerings, mergers and strategic partnerships. Restructuring poorly performing projects will also be a component.
    Attention is also given to analyzing the suppliers of capital, individual investors, venture capitalists, commercial banks, asset-based lenders and investment banks.

    Before each class, students will be required to submit an executive summary that includes analysis and recommendations. Group work is encouraged, but not required on these executive summaries. Memoranda with up to five team member names on them are acceptable. We will discuss the study questions and the material in each class period.

    Preassignment: Students are responsible for a memorandum for each case we discuss in the first class. The first class assignment is detailed on the Canvas site.

    Also, please note that attendance for all nine weeks of the course is very important for your success and for other students' success in this team-based course. If you are hoping to register for this course but have not yet secured a seat, you must attend class sessions as it is prohibitive to catch up. If you have not attended and register after the start of the quarter, you will be asked to drop the course.
  • Prerequisites
    None. Business 33001 and 35200 recommended. Business 30130 would be helpful.
  • Materials
    This course will have a Canvas site.
  • Grades
    Based on class participation (10%), the short memorandum (15%), midterm (30%) and final project (45%). The final project is a take home case analysis. Cannot be taken pass/fail. Auditors need to receive approval from the professor.
    • No auditors

    • No pass/fail grades

  • Syllabus
  • Winter 2023Section: 34101-01F 8:30AM-11:30AMHarper CenterC08In-Person Only
  • Winter 2023Section: 34101-85S 9:00AM-12:00PMGleacher Center208In-Person Only
  • Summer 2023Section: 34101-81W 6:00PM-9:00PMLocation: TBDRemote-Only
Description and/or course criteria last updated: April 28 2023