Entrepreneurial Finance: Strategy, Valuation, and Deal Structure

Learning Objectives

After reading this chapter you will be able to:

• Review conceptual differences between entrepreneurial finance and corporate finance, and describe methods for addressing the unique challenges of entrepreneurial finance

• Recognize some of the unresolved issues of entrepreneurial finance and the potential for new research to address these issues

• Understand the importance of international differences in financial and regulatory institutions and how the differences contribute to variations in entrepreneurial activity and economic development

• Understand that change in the market for new venture creation and financing is inevitable and recognize the implications of change for new venture investors and entrepreneurs