This is the last post in my series of lessons learned from the last day of my entrepreneurial finance class. Here you will read how our professor, with over 50 years of investment banking and venture capital experience, describes what a good deal looks like to him. As he likes to say, a good deal can be characterized by the following "easily identifiable but hard to assemble attributes."
In this penultimate week of my finance class, we had a guest venture capitalist come to do a case study with us. The class aimed to highlight the basics of venture capital in comparison with private equity (which we studied previously). Below are the top ten takeaways from the class, which was really engaging and interesting.
I thoroughly enjoyed the class, even though the basic concepts weren't new to me. It was nice to just hear about the guest's stories and perspective that tied together many strategic concepts about VC investing that I had learned about before.