Entrepreneurial Finance A Casebook

by Gompers, Paul A.; Sahlman, William

• ISBN13: 9780471080664
• ISBN10: 0471080667
• Edition: 1st
• Format: Paperback
• Copyright: 2001-12-28
• Publisher: Wiley

Summary

HOW DO YOU EVALUATE ENTRE[RENEURIAL BUSINESS OPPORTUNITIES? HOW ARE ENTREPRENEURIAL INVESTMENTS FINANCED? WHEN IS THE RIGHT TIME TO HARVEST A VENTURE? Find answers to these questions and more in Paul Gompers and William Sahlman's new book, "Entrepreneurial Finance: A Casebook. Spanning a wide range of US and non-US ventures in a diverse set of industries, including high technology, low technology, and service, these cases provide you with an inside look into the real world of entrepreneurial finance. Taking you through each step in the entrepreneurial finance life cycle, the cases are organized according to four major topics: Investment analysis Financing the entrepreneurial firm Harvesting the rewards Reinventing the entrepreneurial enterprise You'll develop a strong framework of analysis for business opportunities, enhance your valuation skills, learn what you can do to ensure the venture succeeds, and gain a thorough understanding of the issues confronting today's entrepreneurial forms.

Author Biography

<b>Paul A. Gompers</b>, Professor of Business Administration and Director of Research at the Harvard Business School, specializes in research on financial issues related to venture capital and private equity funds as well as start-up, high growth, and newly public companies. He has published numerous professional papers in academic journals and is co-author of the Venture Capital Cycle and The Money of Invention. <p> <b>William A. Sahlman</b> is the Dimitri V. d'Arbeloff Class of 1955 Professor of Business Administration at Harvard Business School. His writings have been widely published in a variety of academic and business journals. He first introduced the entrepreneurial finance course at the Harvard Business School in 1985.

Table of Contents

I. Investment Analysis

A. Sources of value.

1. Onset Ventures.

2. The Knot.

3. Beta Group.

4. Cachet Technologies.

5. NSK Software Technologies.

6. Digital Think.

B. Understanding financial statements and pro forma models.

7. Tutor Time (A).

8. Fenchel Lampshade.

C. Purchasing firms, buyouts, and valuation.

9. Valuation Problem Set: Digital Everywhere.

10. Carlton Polish.

11. Record Masters.

D. Real Options.

12. Real Options Problem Set: Penelope's Personal Pocket Phones.

13. e-ink.

14. Genset: 1989.

II. Financing the Entrepreneurial Firm:

A. Venture Capital.

15. Edocs.

B. Angel Financing.

16. Honest Tea.

17. Walnut Ventures.

C. Venture leasing.

18. Efficient market services.

D. Franchising.

19. Tutor Time (B).

E. Banks.

20. Xedia and Silicon Valley Bank.

F. Licensing/strategic alliance.

21. Parenting magazine.

22. Elliot Lebowitz.

G. Governments.

23. Torrent.

III. Harvesting :

A. Public markets.

24. Amazon.com Going Public.

25. Arthrocare.

B. Acquisitions.

26. Nantucket Nectars.

27. HIMs Corp.

28. Dell Ventures.

IV. Renewal in the Entrepreneurial Firm.