fin2fss financing startups and smes
FINANCING STARTUPS AND SMES
FIN2FSS
2019
Credit points: 15
Subject outline
In this subject you will consider the funding of small and medium ventures, from seed funding, through start-up and mezzanine rounds, to a possible Initial Public Offering (IPO). You will explore the sourcing, structuring, negotiation, value creation and exit strategies involved from both the viewpoint of the entrepreneur and the investor. Finally, you will consider the effect of new technologies, such as the internet, cloud computing and blockchain, on the venture capital process, so as to be able to take advantage of new ways of raising capital as the capital market itself innovates and evolves.
SchoolLa Trobe Business School
Credit points15
Subject Co-ordinatorGreg Jamieson
Available to Study Abroad StudentsYes
Subject year levelYear Level 2 - UG
Exchange StudentsYes
Subject particulars
Subject rules
PrerequisitesN/A
Co-requisitesN/A
Incompatible subjectsN/A
Equivalent subjectsN/A
Special conditionsN/A
Graduate capabilities & intended learning outcomes
01. Compare and contrast the various forms and sources of finance available for entrepreneurial, small and medium sized ventures.
- Activities:
- Class discussion and a comparative analysis of various forms of finance available for entrepreneurial, small and medium sized ventures.
- Related graduate capabilities and elements:
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
02. Analyse the effects of technical innovation in venture capital markets.
- Activities:
- Case study analysis
- Related graduate capabilities and elements:
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
03. Advise on the commercial structure of financial contracts and term sheets, including the staging and syndication of deals, board representation, restrictive covenants, and confidentiality agreements.
- Activities:
- Class discussion and negotiation game
- Related graduate capabilities and elements:
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
04. Apply valuation techniques appropriate for various types of entrepreneurial firms and financial securities.
- Activities:
- Spreadsheet modelling
- Related graduate capabilities and elements:
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
05. Compare and contrast the different strategies available for a venture capital investor to exit the investment.
- Activities:
- Case study analysis
- Related graduate capabilities and elements:
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
06. Develop a financial business case for a business.
- Activities:
- Case study analysis
- Related graduate capabilities and elements:
- Literacies and Communication Skills(Quantitative Literacy)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Subject options
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Melbourne, 2019, Semester 2, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorGreg Jamieson
Class requirements
LectureWeek: 31 - 43
One 1.0 hours lecture per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
WorkShopWeek: 32 - 43
One 2.0 hours workshop per week on weekdays during the day from week 32 to week 43 and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| Individual case study 1 (500 words) | 10 | 02 | |
| Individual case study 2 (1,000 words) | 30 | 06 | |
| Group negotiation simulation | 500 words equivalent | 10 | 03 |
| 2-hour final examination | 2,000-word equivalent | 50 | 01, 04, 05 |