(4 credit hours)
Winter/Spring | Prerequisites: BS201 & FN201
This course identifies and follows the wealth creation cycle beginning with company startups, successive stages of private equity financing, and ending with the harvesting of created wealth through a sale, merger, or initial public offering. Emphasis is placed adaption of financing and financial contracts for entrepreneurial firms. Topics also include information asymmetry problems, the high degree of uncertainty, and conflicts of interest associated with start-ups.