HLMN471

Restriction: Restricted to students in the Southern Management Leadership Program. Credit only granted for: HLMN471, SMLP471, ENES466 or BMGT365. Formerly: HLMN471. Additional information: SMLP471 may not count toward any BMGT major or minor degree. Examine the elements of entrepreneurial finance, develop and analyze financial statements, focusing on technology-based startup ventures and the early stages of company development. Address key questions that challenge all entrepreneurs: how much money can and should be raised; when it should be raised and from whom; how to define a reasonable valuation of a company; and how to structure funding, develop employment contracts, and make exit decisions. Analyze the variety of financing models across a venture's life cycle, with an aim to understanding the incentives of each type of investor and the relative costs and benefits of each source of funding.