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Course Description

Summary

The aim of this 7-week course is to provide students with the knowledge and skillsets necessary for acquiring financing for start-ups and existing entrepreneurial firms. Beginning with Title III of the JOBS Act (2012), the environment for financing organizations, including arts and culture and socially-responsible initiatives, was broadly liberalized. In the context of that new financing environment, you will learn how to adequately capitalize social, value-laden enterprise. Importantly, we will eschew conventional models of financing and focus on building new and existing enterprise with this important, contemporary, value-laden twist: utilizing only minimal debt and no venture capital. In this course you will acquire a depth of understanding regarding pertinent securities law, learn how to prepare the documentation for both selling intrastate stock (and why that is a good idea) and raising capital through both existing and your own crowdfunding portal (also a very good idea), determine how much capital you need to raise, as well as how to match organizational legal form choices to your financing goals and how to form those entities. This class is preceded by Andrew Cencini’s "Inside Silicon Valley" for the first 7 weeks of the term; while enrolling in both courses is not required, the course is highly recommended for students with an interest in furthering their study of this topic.