Entrepreneurial Finance

Guiding students through a complete "life cycle of the firm," Entrepreneurial Finance, 6e, introduces the theories, knowledge, and corporate finance tools and techniques an entrepreneur needs to start, build, and eventually harvest a successful venture. With a strong emphasis on sound financial management practices, the text explores how to secure financing, use business cash flow models, and strategically position the early-stage company.
Students also learn how to effectively interact with financial institutions and regulatory agencies that can affect venture growth and enable liquidity for investors. Drawing on real-life entrepreneurial ventures and common financial scenarios, the authors include in-depth capstone cases, mini-cases, and examples that engage students and vividly illustrate such key concepts as venture capital funds, institutional investors, strategic alliances, the role of business angels, licensing agreements, and exit strategies.

New to this Edition
Completely up to date and packed with new examples, ENTREPRENEURIAL FINANCE, 6e, reflects the latest trends, issues, and developments from the field.

The sixth edition includes the most current materials available from the clarification of the new securities law features enabled by the JOBS Act -- including securities crowdfunding.

All-new "From the Headlines" stories highlight recent early-stage companies and their financing histories, giving students real-world insight into chapter concepts.