Venture Capital and the Emerging Technology Company（一）.pptVIP

Venture Capital and theEmerging Technology Company Hastings College of the Law Mark Baudler Rob Kornegay Spring 2008 Week 1: Introduction and Overview Agency Theory to Financial Contracting Introduction and Housekeeping Our background Your background Introduction and Housekeeping Class roster Class participation Introduction and Housekeeping Course materials Course syllabus Distributed readings and materials (required) “Caselettes” and problem sets (required) Course statutes and regulations (required) Posted powerpoint presentations (pdf format) Class preparation Introduction and Housekeeping Meet Monday afternoons 4:30-6:30pm See semester class schedule Evening routine (breaks, questions, etc.) Our accessibility: after each class, and at the office 650-320-4597 Mark 650-320-4533 Rob Email: mbaudler@ rkornegay@ Introduction and Housekeeping Required course pre-requisite: Business Organizations Class communications: email Weekly postings and announcements Powerpoints will be posted before or after each class Introduction and Housekeeping Grade components 100% final exam Discretion to recognize class participation Final exam Short answer/multiple choice Hypothetical fact situations with essay questions 2 hours—open book (bring a calculator) Course Objectives A basic understanding of the legal and business issues that are involved in the growth cycle of the venture-backed technology company A mainstream view from the perspective of Silicon Valley The corporate lawyer as business counselor Course Objectives Multi-disciplinary approach: Business judgment and evaluation Accounting Tax Psychology Process Law Course Outline Theories of financial contracting High level view of the venture capital industry Venture capital: basic fund structure Start-ups: basic organizational matters Stock in the start-up environment Valuation of start-ups Course Outline Primer on federal and state securitie