Venture Capital and Private Equity

Private equity and venture capital sit at the messy intersection of finance theory and real deal-making, and this course uses that intersection as a lab to revisit valuation, capital structure, and governance in settings where textbook DCF starts to break down. Most of the work is case-driven: you'll grind through fourteen cases analyzing term sheets, convertible notes, cap tables, LBOs, and fund agreements from the alternating perspectives of founders, GPs, and LPs, with a midterm and final to anchor the technical side. It builds on standard corporate finance — APV, WACC, beta unlevering should feel familiar — and is most useful if you're heading into investing, founding, or any advisory role where understanding how illiquid capital actually gets priced and structured matters.