How to finance your venture ?
ofrecido por
How to finance your venture ?
École Polytechnique
Acerca de este Curso
3.6
7 calificaciones
The course aims at providing knowledge and experience to entrepreneurs and would-be entrepreneurs. Entrepreneurs generally start with a mission, a new idea that they want to bring to the world. If the idea is original, it is probably not expected by the market, which has to be educated. This is a very costly experience. Entrepreneurs need to gather capital at the start of the journey. They need to articulate clear plans, define objectives and resources and raise money accordingly. They also need to manage cash for two reasons: i) because the better it is managed, the less you need to raise with outsiders; ii) because generation of cash flow is the pillar of the valuation of the company. And we should add that the practical reason why a company gets bankrupted is because it runs out of cash..
The course is based on this belief. We look at the myth of the balance sheet and explain the dynamics of cash flows and the way they should be managed. We also investigate the basics of venture capital and provide a practical roadmap to entrepreneurs.
Many courses are dedicated to the same topic. Our originality is that we operate in the advisory board of the private equity firm, Xerys and are board members of their venture companies. In addition, Michel was the country head for Merrill Lynch in France while Philippe served in the same function at UBS. The former as head of investment banking, the latter as head of global markets.
Programa - Qué aprenderás en este curso
Week
1HOW TO READ A BALANCE SHEET
Welcome! This first week will help you understanding the different types of financial documents and the information each contains with one goal in mind: make more informed decisions about your venture.
5 videos (Total: 22 min), 5 quizzes
5 videos
Figuring the balance sheet10m
Cash conversion cycle2m
Working capital requirement5m
Non-current assets1m
5 ejercicios de práctica
Why create a company?2m
Figuring the Balance Sheet6m
Cash Conversion Cycle6m
Working Capital Requirement6m
Non-Current Assets6m
Week
2VALUE CREATION AND CASH FLOW
In this module you will learn: How does your venture create wealth? What is a business plan? What is wealth? What are the main financial metrics of wealth creation? How does your venture create cash? What is the Burn rate? Why should you finance your venture through equity? And why not debt?
6 videos (Total: 34 min), 7 quizzes
6 videos
The main financial metrics of wealth creation6m
How does your venture create cash?7m
Burn rate2m
Why equity?4m
Why not debt?10m
7 ejercicios de práctica
What is a business plan?2m
What is wealth?4m
The main financial metrics of wealth creation18m
How does your venture create cash?10m
Burn rate2m
Why Equity?10m
Why not Debt?8m
Week
3GROWTH AND MARKET POWER
Understand that growth and size do influence market power and cash flows/profits as a consequence
1 video (Total: 8 min), 1 quiz
1 video
1 ejercicio de práctica
Quiz Growth, market power and financing14m
Week
4THE ENTREPRENEUR AND THE FINANCIERS
Understand the details of the relation between the entrepreneur and the financier, private equity in the first stages, then the public market at the time of the IPO. Understand the expectations, the documentation and the basis of price discovery
2 videos (Total: 20 min), 2 quizzes
2 videos
5.The IPO: The beginning of a new story10m
2 ejercicios de práctica
Quiz The entrepreneur and the financier16m
Quiz The IPO18m
Instructores
Michel Fleuriet
Administrator PE Fund XerysFinance
Philippe Tibi
Professeur chargé de coursAcerca de École Polytechnique
L’École polytechnique associe recherche, enseignement et innovation au meilleur niveau scientifique et technologique mondial pour répondre aux défis du XXIe siècle. En tête des écoles d’ingénieur françaises depuis plus de 200 ans, sa formation promeut une culture d’excellence scientifique pluridisciplinaire, ouverte dans une forte tradition humaniste.
Preguntas Frecuentes
When will I have access to the lectures and assignments?
Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.
What will I get if I purchase the Certificate?
When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
What is the refund policy?
Is financial aid available?
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