Venture Capital and Private Equity
This course uses a mixture of cases, lectures, and guest speakers to study venture capital and private equity markets in the United States and other countries. The course focuses on how financial, legal, and economic issues are dealt with in the financial contracts between venture capitalists and their limited partners and between venture capitalists (or other private equity investors) and the firms in which they invest. The emphasis on the perspective of the venture capitalist and the focus on deals distinguish this course from related courses, which emphasize the perspective of entrepreneurs or managers and focus on topics such as writing business plans, formulating growth strategies, managing new fast-growing firms, or competing in special industries. The course addresses not only how venture capitalists provide capital to start-up firms in growing industries, but also how private equity markets provide capital to help established medium-sized firms (often family businesses) grow and restructure. Cross-listed with Finance 491, at the Fuqua School of Business.
Business Associations is a prerequisite and Corporate Finance is a corequisite for this course unless there is a strong background in business or economics.
Please note that course organization and content may vary substantially from semester to semester and descriptions are not necessarily professor specific. Please contact the instructor directly if you have particular course-related questions.