Start-up guide for the technopreneur : financial planning, decision making, and negotiating from incubation to exit /

A comprehensive guide to financial planning and venture fundraising for tech entrepreneurs. As technology progresses, impacting our daily lives in more and greater ways, technology start-ups come and go at a dizzying pace. There are plenty of opportunities out there for anyone with a great idea, but...

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Bibliographic Details
Main Authors: Shelters, David (Author)
Published: John Wiley & Sons Singapore Pte. Ltd.,
Publisher Address: Singapore ; Hoboken, NJ :
Publication Dates: [2013]
Literature type: Book
Language: English
Subjects:
Summary: A comprehensive guide to financial planning and venture fundraising for tech entrepreneurs. As technology progresses, impacting our daily lives in more and greater ways, technology start-ups come and go at a dizzying pace. There are plenty of opportunities out there for anyone with a great idea, but it takes much more than a great idea to make your tech start-up a success. In addition to creativity and new ideas, being a successful tech entrepreneur requires strategic decision-making in terms of business planning, financial planning, negotiations, and corporate governance. This book serves as a thought-provoking guide that helps tech entrepreneurs avoid the dangers inherent in business start-ups in general and the treacherous realm of venture capital in particular. Presents a realistic picture of what can be expected from prospective investors and teaches how to identify valuable business partners; Explores how to craft a business plan from a strategic financial perspective; Discusses the essential elements of successfully raising funds; Examines the importance of formulating an overall financial strategy for your business; Covers the four stages of negotiation: prenegotiations, due diligence, actual negotiations, and concluding negotiations; Reveals how to establish an investment-grade organization and more.--Dust jacket.
Item Description: Includes index.
Carrier Form: xvii, 285 pages ; 24 cm
ISBN: 9781118518472
1118518470
Index Number: HD62
CLC: F276.44
Call Number: F276.44/S545
Contents: Ch. 1 Finance for Start-Ups 101 -- Fundraising Stages -- Prefunding Period -- Seed Funding Stage -- Series A Funding Stage -- Series B Funding Stage -- Risk/Return -- Types of Funding -- Private Equity -- Debt Funding -- Alternative Types of Funding -- Public Funding -- Incubator/Accelerator Programs -- Capital Structure -- Intellectual Property -- Valuation -- Asset-Based Valuation Models -- Pro Forma-Based Valuation Models -- Comparable-Based Valuation Models -- Strategic-Based Valuation -- Exit Strategy -- Summary -- ch. 2 Know Your Investors -- Kyi #1 Their Primary Objective Is to Make Money -- Kyi #2 There Are Many Types of Investors, Each with Different Expectations and Capabilities -- Types of Investors -- Investment Criteria -- Kyi #3 Prospective Investors Are Looking for Success Traits -- Skin in the Game -- Innovation -- Defined Target Market -- Value Proposition -- Commercial Viability -- Risk Mitigation Factors -- Burn Rates -- Strength of Management -- Use of Funds -- Traction -- Kyi #4 Money Is Not Enough -- Know the Space -- Nonfinancial Advantages -- Alignment of Interests -- Issues of Control -- Summary -- ch. 3 Business Planning from a Strategic Financial Perspective -- Value of a Business Plan -- Composition of a Business Plan -- Executive Summary -- Defined Problem and Solution -- Product/Service -- Value Proposition -- Marketing Plan -- Management Team -- Strategic Partners -- Operational and Expansion Plan -- Company Objectives -- Current Positioning and Traction -- Risk Factors -- Financials -- Exit Strategy -- Business Plan Customization -- Marketing Plan -- Operational and Expansion Plan -- Company Objectives -- Financials -- Exit Strategy -- Business Plan Rudiments -- Summary -- ch. 4 Financial Planning for Maximizing Returns -- Importance of Having a Financial Plan -- Assistance in Overall Business Planning -- Ensuring the Health and Integrity of Capital Structure -- Determining Sufficient Funding Amounts -- Securing Funding in a Timely Manner -- Securing Funds on the Most Favorable Terms -- Determining Appropriate Responses to New Challenges and Opportunities -- Instilling Discipline and Maintain Focus -- Maximizing ROI upon Execution of Exit Strategy -- Formulating a Financial Strategy -- Financial Objectives -- Free -- Free Measurement Tools -- Financial Plan Composition -- Rules of Thumb -- Summary -- ch. 5 Successful Fundraising -- Planning Funding Presentations -- Prospectus Materials -- Executive Summary -- Business Plan -- Funding Proposal -- Private Placement Memorandum -- Shareholder Letter -- Technology Brief -- Demonstrations -- Market Trends and Research Report -- Other Miscellaneous Prospectus Materials -- Different Types of Presentations -- Elevator Pitch -- Lobby (PowerPoint) Pitch -- Conference Room Pitch (Formal Presentation) -- Summary -- ch. 6 Becoming a Formidable Negotiator -- Prenegotiations -- Letter of Intent -- Nondisclosure Agreement -- KYI Research and Inquiries -- Leverage -- Negotiating Capital -- Due Diligence -- Due Diligence Checklist -- Due Diligence Response -- Actual Negotiations -- Term Sheet -- Negotiation Approaches -- Best Practices and Tactics -- Points of Negotiation (Terms) -- Have a Negotiating Plan -- Concluding Negotiations -- Successful Conclusion of Negotiations -- Unsuccessful Conclusion to Negotiations -- Negotiation Postmortem -- Summary -- ch. 7 Establishing an Investment-Grade Organization -- Corporate Governance -- Attributes -- Benefits of Good Corporate Governance -- Corporate Governance Best Practices -- Corporate Governance Structures -- Ethical Behaviors -- Stakeholder Relations -- Summary -- ch. 8 Financial Decision Making for Optimal Performance -- Financial Decision-Making Process -- Practicing Sound Corporate Governance -- Understanding Existing and Potential Decision-Making Dynamics -- Managing Financial Expectations -- Financial Decision-Making Structures -- Establishing Appropriate Decision-Making Bodies and Procedures -- Allocating Decision-Making Authority and Responsibilities -- Placing Individual Decision Makers on Appropriate Decision-Making Bodies -- Financial Decision Making in Practice -- Strategic Financial Planning/Fundraising -- Budgeting -- Operational (Day-to-Day) Financial Decision Making -- Financial Dealings with External Parties -- Exiting.