Or if you care to provide some serious immersion, give them the basic details of a company -- nondilutive funding already obtained, amount to be raised, number of outstanding shares, number of founders -- and then have teams of 4 or 5 (some designated as the "entrepreneurs", some designated as the "VCs") work through the WSGR term-sheet generator. My New Venture Finance students have spent three class days doing this and will have a competitive paired "negotiation" on Thursday, judged by a couple of venture investors. I'm mentioning this now (rather than after the fact on Thursday), because it all could blow up! But even now I can say that students have had to learn a lot of the jargon along the way.
Best,
Kelly
------------------------------
Kelly Shaver
Professor of Entrepreneurial Studies
College of Charleston
Charleston, SC 29401
shaverk@cofc.edu------------------------------
Original Message:
Sent: 02-20-2018 03:09
From: Chih-mao Hsieh
Subject: Short case studies with Term Sheets for an Entrepreneurial Finance course?
Dear all,I'm teaching Entrepreneurial Finance this semester, and I've got an extra 3 hours of class time where I want to go over and discuss examples of term sheets with my students. I would use a week towards the end of the semester, so the assumption would be that they already know the fundamental concepts captured within term sheets.
Ideally I could find short case studies (3-5 pages of text per case study, re: not-too-technical ventures) with term sheets at the end. It would be nice to find a set of 3-5 such case studies (in part to have some freedom of choice). Anybody have a tip on where to look for something like this?
Regards, -chihmao.
--------------------------------
Chihmao Hsieh
Research Professor of Entrepreneurship
Founding Director, Center for Global Entrepreneurship
Department of Business Management
SUNY Stonybrook Korea