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There are 5 modules in this course
How do different types of investors think about an investment opportunity? What kind of securities and contracts do they offer? How should a company decide what is a "good deal"? This course is designed to introduce you to the challenges and pitfalls of financing new enterprises. You will learn the basic tools for valuating companies, including using discounted cashflow analysis in Excel and understanding how to apply this model to your entrepreneurial venture. You will then learn how valuation works with different types of securities that investors use to finance startups, from bank loans to venture capital to angel investing.
In this module you will learn the general framework for valuing companies: prices as the discounted value of future cash flows. We will focus on how to determine cash flows and how discounting works. At the end of the lectures you will be able to understand the basics of how investors determine the value of a company.
What's included
5 videos1 reading1 assignment
Show info about module content
5 videos•Total 47 minutes
Introduction to Valuation•3 minutes
Determining Cash Flows•12 minutes
Time Value of Money•10 minutes
Obtaining the Discount Rate•13 minutes
Comparables Valuation•9 minutes
1 reading•Total 10 minutes
Report a problem with the course•10 minutes
1 assignment•Total 10 minutes
Introduction and the Basics of Valuation Graded Quiz•10 minutes
Building your First Excel Valuation Model
Module 2•1 hour to complete
Module details
In this module we will apply what you learned in the previous module. At the end of the module you will have built your first financial model of a firm, which you can change to apply to valuing a large firm or a small startup.
What's included
10 videos1 reading1 assignment
Show info about module content
10 videos•Total 60 minutes
Discounted Cash Flow Valuation•4 minutes
Income Statement: Revenues•6 minutes
Income Statement: Other Items•6 minutes
Income Statement: Depreciation•10 minutes
Income Statement: Complete the Calcs•4 minutes
Income Statement: Working Capital•7 minutes
Income Statement: Free Cash Flows•8 minutes
Assumption of Future Growth•5 minutes
Present Value of Cash Flows•5 minutes
Market Value of Assets•5 minutes
1 reading•Total 10 minutes
Kale and Kombucha•10 minutes
1 assignment•Total 10 minutes
Building your First Excel Valuation Model Graded Quiz•10 minutes
Valuation of High-growth Startups
Module 3•1 hour to complete
Module details
In this module we will consider how very high failure rates for startups affects what you learned in the previous modules. The short answer is: it doesn’t, as long as we understand what business plans and company forecasts really are.
What's included
4 videos1 assignment
Show info about module content
4 videos•Total 27 minutes
Recap Discount Rate•4 minutes
Adding Probability of Failure•4 minutes
Interpreting Business Plans•6 minutes
Adjusting Discount Rates•12 minutes
1 assignment•Total 10 minutes
Valuation of High-growth Startups Graded Quiz•10 minutes
Venture Capital Overview
Module 4•3 hours to complete
Module details
In this module we will review the main sources of capital that founders of startups turn to when they raise capital to launch their business.
What's included
9 videos10 assignments
Show info about module content
9 videos•Total 67 minutes
Introduction to Financing Options for Entrepreneurial Ventures•8 minutes
Understanding Debt•8 minutes
Venture Capital•9 minutes
What is a VC Investor? VC Funds•7 minutes
How VCs Value Businesses•8 minutes
The VC Method•8 minutes
Term Sheets•6 minutes
Option Pool•6 minutes
Understanding Anti-Dilution•7 minutes
10 assignments•Total 94 minutes
Introduction to Financing Options for Entrepreneurial Ventures•4 minutes
Understanding Debt•8 minutes
Venture Capital•8 minutes
VC Funds•6 minutes
How Do VCs Value Businesses•8 minutes
The VC Method•14 minutes
Term Sheets•8 minutes
Option Pool•8 minutes
Understanding Anti-Dilution•6 minutes
Venture Capital Overview Graded Quiz•24 minutes
Angel Investor Overview
Module 5•1 hour to complete
Module details
In this module we will conduct an in-depth analysis of angel investors and the securities they use when they invest in early-stage startups
What's included
5 videos1 reading5 assignments
Show info about module content
5 videos•Total 18 minutes
Angel Investors•4 minutes
Angel Securities•3 minutes
Angel Term Sheets•5 minutes
Capped Conversion Price•5 minutes
Course Conclusion•1 minute
1 reading•Total 10 minutes
Share your learning experience•10 minutes
5 assignments•Total 36 minutes
Angel Investors•4 minutes
Angel Securities•4 minutes
Angel Term Sheets•4 minutes
Capped Conversion Prices•4 minutes
Angel Investor Overview Graded Quiz•20 minutes
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Learner reviews
4.4
756 reviews
5 stars
62.03%
4 stars
25.52%
3 stars
8.59%
2 stars
1.98%
1 star
1.85%
Showing 3 of 756
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HJ
4·
Reviewed on Aug 8, 2022
The first 2 weeks were amazing but I didn't enjoy the 3rd and 4th week lectures as the materials and explanation weren't as nice and simple as the first 2 weeks!
L
LG
4·
Reviewed on Dec 3, 2021
The instructor communicated the concepts well. However, there is a number of mistakes for the Quiz in Week3. Revisit them and ensure that the answers are provided are accurate, please.
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AA
4·
Reviewed on Aug 31, 2024
It was an informative course. 4 not 5 stars as module 4 was not explained well enough. Information how to calculate a hurdle rate and a few other calculations were missing.
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What will I get if I subscribe to this Specialization?
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.
Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.