This course will demystify key financial concepts to give aspiring and active entrepreneurs and innovators a guide for understanding their financials and securing funding. Assuming that our learners have no prior knowledge in accounting, economics, or finance, we will work from the ground up to: ● Examine the many financing options available to get your new venture funded ● Learn the basics of finance, valuations, dilution, and non-dilutive funding source ● Understand capital structure for new ventures, term sheets and how to negotiate them, and the differences between early-stage versus later-stage financing ● Develop an understanding of how to develop winning investor pitches, who and when to pitch, how to avoid common mistakes that limit the effectiveness of the pitch, and how to ‘get to the close. Key questions answered within the course include: ● If and when to raise outside capital? ● What kind of investors invest by stage and where to find them? ● What are your fundraising options? ● What are the key components of the term sheet? ● How to perform company valuations? ● How to pitch to investors? ● What techniques help the entrepreneur ‘get to the close’?
An excellent online course offered by edX: how it works
edX courses consist of weekly learning sequences. Each learning sequence is composed of short videos interspersed with interactive learning exercises, where students can immediately practise the concepts from the videos. The courses often include tutorial videos that are similar to small on-campus discussion groups, an online textbook, and an online discussion forum where students can post and review questions and comments to each other and teaching assistants. Where applicable, online laboratories are incorporated into the course.
edX offers certificates of successful completion and some courses are credit-eligible. Whether or not a college or university offers credit for an online course is within the sole discretion of the school. edX offers a variety of ways to take courses, including verified courses where students have the option to audit the course (no cost) or to work toward an edX Verified Certificate (fees vary by course). edX also offers XSeries Certificates for completion of a bundled set of two to seven verified courses in a single subject (cost varies depending on the courses).
An edX learning programme under Other Experiences