港中大mba创业金融讲义boverviewofnewventurefinancing
16页1、OVERVIEW OF NEW VENTURE FINANCING,Overview of New Venture Financing,Choosing the organization form One of the earliest decisions Important implications for a variety of factors, including taxes, liability, succession, and ability to attract financing and employees,Information problems facing entrepreneur and investors,Entrepreneurs info about the value of the opportunity may be incomplete and uncertain Asymmetric info about the value of the idea and the ability of the entrepreneur Risk of approp
2、riation of intellectual property,Unique features for entrepreneurial finance,Need tangible evidence of the market potential and entrepreneurs ability Institution of milestones What is milestone: specific and verifiable performance benchmarks e.g. completion of clinical tests, production of prototype, initiation of sales (as demonstrated in Ir-v case),Unique features for entrepreneurial finance,Staging of financing Funds not made upfront and staged and linked to achieving milestone Financing of o
3、ne stage does not commit an investor to finance additional stages,Unique features for entrepreneurial finance,Concern over appropriation of intellectual property note that the reputation of the outside investors for trustworthiness is far more important to the entrepreneur than is a signature on an confidentiality agreement,Measuring progress with milestones,Understand the difficulties of forecasting cashflows and/or profitability at an early stage Milestones enable the parties to postpone finan
《港中大mba创业金融讲义boverviewofnewventurefinancing》由会员suns****4568分享,可在线阅读,更多相关《港中大mba创业金融讲义boverviewofnewventurefinancing》请在金锄头文库上搜索。
土地管理与地籍测量---第八章界址点测量
人机工程学案例分析(2)
工程安全培训_201303
第9章房地产投资决策分析
第2章房地产经纪制度
ACM程序设计-东北林业大学acm05
《亲爱的汉修先生》读书交流会
中原_深圳新世界尖岗山项目市场汇报_40P_2012年_别墅_项目分析_量价走势
五年级数学质量分析演示文稿
人工智能小镇-智慧小镇建设20180525
景观基本知识及发展历程
建设工程信息管理(2)
机电驱动技术第二章步进驱动技术
工程力学-第9章圆轴扭转时的应力变形分析与强度刚度设计
第一章第二节幼儿园文化环境建设的原则
第一章检测技术的基础知识
第一章__现代表面工程技术
第六章钢结构工程
第9节项目试运行管理
班主任工作经验交流课件(4)
2024-04-26 26页
2024-04-26 18页
2024-04-26 22页
2024-04-26 32页
2024-04-26 26页
2024-04-26 30页
2024-04-26 27页
2024-04-26 35页
2024-04-26 28页
2024-04-26 14页