Syllabus 6315 EntrepreneurialFinance Spring 15 as of 1-6-15

8/9/2019 Syllabus 6315 EntrepreneurialFinance Spring 15 as of 1-6-15

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ENTP/FIN 6315-0W1 Online Syllabus- Spring 2015-1-6-15 Page 1of 19

COURSE SYLLABUSENTP/FIN6315-0W1,SPRING 2015

ENTREPRENEURIALFINANCE(ONLINE)The University of Texas at Dallas

___________________________________________________________________

|Course Info| Tech Requirements| Access & Navigation| Communications| Resources| Assessments|Academic Calendar| Scholastic Honesty| Course Evaluation| UTD Policies|

Course Information:

Course Number Section: ENTP/FIN 6315-OW1

Course Title: Entrepreneurial FinanceTerm and Dates: Spring 2015

Professor Contact Information

Professor: Madison Pedigo

Office Phone: 972-883-4481Email Address: [email protected] Location: JSOM 4.202

Office Hours: Virtual office hours- please send an email with questions or toschedule an appointment

COURSE PREREQUISITES:

This course is equivalent to ENTP/FIN 6315 (classroom version) and only one of these may be counted toward adegree. Prerequisite: FIN 6301 or consent of the instructor.

COURSE OBJECTIVES:

The objective of this course is to build skills and knowledge in the financing of entrepreneurial ventures Theobjective of this course is to build skills and knowledge in the financing of entrepreneurial ventures.Entrepreneurial Finance concerns not only the processes of financing and investing in start-up companies, butalso the changes to the initial financing mix that may be required as start-up companies mature and grow. Topicsinclude valuation, capital structure, forecasting, the market for venture capital and private equity, the decision togo public or remain private, alternative financing arrangements, and the differential marketability and liquidity ofthe securities used to finance non-public firms.

LEARNING OBJECTIVES/STUDENT OUTCOMES:

We will rely on case studies, outside readings, taped guest lectures, taped class lectures, and the assigned textbook to cover the above topics. Taped guest lecturers include entrepreneurs, VCs, angel investors, private

equity firms, corporate investors, and other investment professionals. Students need to participate in all onlinecase discussions. Two cases will require individual written submissions. You will work in groups on some of thecase analyses, and you will need to determine who you want to team with and sign up for a group online using thegroup formation tool by January 20th. Ill review and we will plan to finalize the group members by the week ofJanuary 26th. (Also see the Grading Information and Group Project Sections below.)

Upon successful completion of this course, students will be able to:

1. Learn and apply the concepts, principles and processes of entrepreneurial finance.


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2. Identify sources of start-up and growth capital and be able to choose appropriately3. Value companies as they evolve from seed stage to late stage private companies. This includes

analyzing, evaluating and assessing the present and future value of an entrepreneurial venture andincluding any impact on the proposed or associated capital structure.

4. Analyze financial statements and apply financial tools and techniques to the projection of cash flows fornew and developing ventures

5. Discuss terms typically found in an investor term sheet and their impact on the company and onownership in future financing rounds

6. Design exit strategies and make tradeoffs in assessing growth through internal/external financing,acquisition, or IPO

REQUIRED COURSE MATERIALS:

Textbooks and some other bookstore materials can be ordered through theUTD Bookstore.

Text Books:

Venture Deals, by Brad Feld and Jason Mendelson, Second Edition ISBN 978-1118443613. (~$33)

Cases:A package of 12 business cases, reading assignments, and handouts are required that areorganized into 12 assignments (see detailed list of assignments and class schedule on about page 6).Three cases are individual written assignments that require submission of a written analysis anddiscussion online. Three cases/assignments will be assigned to one or more groups to prepare awritten analysis with all other students reading and preparing for the case and supporting onlinediscussion. Five cases/assignments are individual reading assignments with discussion online (but nowritten report required). A list of the required cases and reading assignments is provided below.
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List of Cases/Notes: (All Cases/Topics, including Written Assignments, also Require Online Discussion each

week).

Harvard Business School

9-297-028 Clarkson Lumber (Individual Written Assignment)

9-811-046 The Changing Face of Angel Investing (Individual Reading Assignment)

- Handout via eLearning- Returns to Angel Investors (Individual Reading Assignment)

N9-811-036 Risk and Reward in Venture Capital (Individual Reading and Online Discussion)

9-313-091 The JOBS Act(Individual Reading and Online Discussion)

9-802-141 Endeca Technologies (A) (Individual Reading and Online Discussion)

IMD Cases

IMD 185 Preparing for the Google IPO (Group Written Assignment- All Groups)

IMD 574 Microsofts Acquisition of Skype

Richard Ivey School of Business

W12324 Frozen Food Products (Group Written- All Groups)

99N018 Nanpo (Holdings) Limited (Individual Written Assignment)

Stanford

E-460 Evaluating Venture Capital Term Sheets- (Group Written Assignment- All Groups)

Darden

UV2526 The Early-Stage Term Sheet(Individual Reading and Online Discussion)

Course Packet:An online course pack is available athttps://cb.hbsp.harvard.edu/cbmp/access/32172282 that willallow download of all cases together. The UT Dallas bookstore is no longer ordering hard copies of case packs,

although a hard copy of the case pack should be available through the Off Campus bookstore.. Items listed ashandouts will be provided during class.

In addition to the cases listed above, a Research Report is also required.

The following is an additional Optional Reference book that is on reserve for two hour checkout at theUT Dallas library. This book gives a good summary of entrepreneurial finance theory. A brief seriesof lectures will cover background information (primarily from this textbook) that may be useful inanalyzing the case in the course.
https://cb.hbsp.harvard.edu/cbmp/access/32172282https://cb.hbsp.harvard.edu/cbmp/access/32172282https://cb.hbsp.harvard.edu/cbmp/access/32172282https://cb.hbsp.harvard.edu/cbmp/access/32172282


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Leach and Melicher, 4thedition, Entrepreneurial Finance; ISBN # 13:978-0-538-47815or 5thEdition ;ISBN 13: 978-1-285-42575-7.

. (Two copies of this optional reference book will be available for two hour checkout at the UTDallas Library reference desk. This book explains the theory of entrepreneurial finance well. Thetaped course lectures, that are optional to review, will briefly recap the majority of the financial

theory covered in this book.

TECHNICAL AND COMMUNICATIONS REQUIREMENTS:

eLEARNING SYSTEM:

This course was developed using a web course tool called eLearning. It is to be delivered entirelyonline. Students will use their UTD NetID account to login at:http://elearning.utdallas.edu.Please seemore details oncourse access and navigation information.

To get familiar with the eLearning tool, please see theStudent eLearning Tutorials.

UTD provides eLearning technical support 24 hours a day/7 days a week. The services include a tollfree telephone number for immediate assistance (1-866-588-3192), email request service, and anonline chat service. Please use this link to access the UTD eLearning Support Center:http://www.utdallas.edu/elearninghelp.

Direct any email communication to the professor through eLearning. A University policy to protect student privacydirects that faculty are not required to answer student emails unless they are from a UTD account. This meansthat the professor will not respond to emails unless they come through eLearning.

In addition to a confident level of computer and Internet literacy, certain minimum technicalrequirements must be met to enable a successful learning experience. Please review the importanttechnical requirementson theGetting Started with eLearning webpage.Please note additional technicalrequirements forWeb Conferencing pageto be utilized in this course.

COMMUNICATIONS SUMMARY:
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This eLearning course has built-in communication tools which will be used for interaction and communication.Some external communication tools such as regular email and a web conferencing tool may also be used during

the course. For more details, please seeeLearning Tutorials webpage.

INTERACTION WITH PROFESSOR:

The professor will communicate with students mainly using the eLearning Announcements, Discussions, andEmail tools. Students may send personal concerns or questions to the professor using the course Email tool. Theprofessor will reply to student emails or Discussion board messages within 2 working days under normalcircumstances, and generally check eLearning email daily during the regular Monday through Friday week period.However, please remember that the professor is a human like the students, with other class requirements, familyobligations and outside commitments. So, if the professor does not respond immediately to your email, please donot worry. The professor will get in touch with you as soon as they are able to. Professors sometimes takeweekends off or work off line, so do not expect a response until Mondays.

The other form of regular interaction will be through the discussion boards for each class session. The professormay post one or more questions, comments, notes, etc. during a session week pertaining to the readings for thatweek. You will need to participate in the discussion function in order to get credit for participation.
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ASSIGNMENTS AND ACADEMIC CALENDAR:

Module Unit Date Guest

Lecturer

Guest's Topic Case Assigned Case Due;

Discussion

Begins

Planned

Class

Discussion

or Activity- 1 - - - N/A N/A -

1 2 01/13/15 Paul Nichols Introduction to

Venture

Capital

N/A N/A Post self

introduction

2 3 01/20/15 Paul Peck Insights From a

Serial

Entrepreneur

Clarkson Lumber-

Individual

Written

Assignment

N/A Select and

join a team;

Clarkson

Case

Assigned

2 4 01/27/15 Chuck May Lessons from

private

investing;

Overview of

NTEC

Frozen Food

Products - Group

Written

Assignment

Clarkson Lumber-

Individual

Written

Assignment

Team

formation

finalized;

Clarkson

Case

Discussion

2 5 02/3/15 Hollingswor

th

Private Equity Returns to Angel

Investors; The

Changing Face of

Angel Investing-

Individual

Reading and

DiscussionAssignment

Frozen Food

Products - Group

Written

Assignment

Discuss

Frozen Food

and Cost of

Capital Case

3 6 02/10/15 Chuck

McCoy; Jim

Lafferty

North Texas

Angel Network

Risk and Reward

in Venture

Capital, and Early

Stage Term

Sheet- Individual

Reading and

Discussion

Assignment

Returns to Angel

Investors; The

Changing Face of

Angel Investing-

Individual

Reading and

Discussion

Assignment

Discuss

Angel

Reading

Assignments

Discussion

3 7 02/17/15 Sam

Kingsland

VC Overview 1 Evaluating VC

Term Sheets-

Group WrittenAssignment

Risk and Reward

in Venture

Capital and EarlyStage Term

Sheet- Individual

Reading and

Discussion

Assignment

Submit 2

Research

ReportTopics For

Approval;

Discussion of

Risk and

Reward and

Early Stage

Term Sheets


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3 8 02/24/15 Maria Smith North Texas

RCIC

Endeca-

Individual

Reading and

Discussion

Assignment

Evaluating A VC

Term Sheet-

Group Written

Assignment

Discussion of

Evaluating

VC Term

Sheets; Cap

tables

3 9 03/3/15 Sureck Silicon ValleyBank

Google Case-Group Written

Assignment

Endeca-Individual

Reading and

Discussion

DiscussEndeca Case

4 10 03/10/15 John

Jaggers

VC Overview II Microsofts

Acquisition of

Skype- Individual

Written

Assignment

Google Case- -

Group Written

Assignment

Discuss

Google Case

3/16-

3/21

Spring Break

4 11 03/24/15 Robert

Robb

UTD IP

Commercializa

tion

No New Case

Assigned-

Research Report

Due Next Week

Microsofts

Acquisition of

Skype- Individual

Written

Assignment

Discuss the

Microsoft

Case

4 12 03/31/15 David Kern Securities Laws Crowdfunding

and the Jobs Act-

Individual

Reading and

Discussion

Assignment

Research Report

Due on 3/31/15;

No online

discussion this

week.

None.

4 13 04/7/15 Julie Nichols Licensing and

IP Valuation

Venture

Deals

textbook-

Individual

Reading and

Discussion

Assignment

Reading

Assignment on

Crowdfunding

and the JOBS Act

- Individual

Reading and

Discussion

Assignment

Discuss

Crowd

funding and

the JOBS Act

4 14 04/14/15 Ed Olkkola VC, Strategic

investor, and

Private Equity

Perspectives

on Investing

Nanpo-

Individual

Written

Assignment

Discuss the

Venture

Deals

textbook-

Individual

Reading and

Discussion

Assignment

Discuss the

Venture

Deals

textbook

4 15 04/21/15 - - Post excerpts

from some of the

research reports

prepared earlier

Nanpo-

Individual

Written

Assignment

Discuss

Nanpo Case


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in the course for

discussion week

of 4/28

N/A 16 04/28/15

Students post

interesting

excerpts fromtheir reports

Discuss excerpts

from some of the

research reports

posted online

Discuss

excerpts

from

researchreports;

4/28 is the

cutoff for

submitting

any late

work!

Peer

evaluations

for Group

Cases Also

Due on

4/28!

Note: The above schedule is subject to change at the discretion of the instructor. If changes are made, these willbe communicated via eLearning or class discussion.

GRADING AND ASSESSMENT:

GRADING INFORMATION:

The list of assigned readings and cases is provided under the Required Textbooks and Materials Section.Supplemental reading materials may be posted electronically. Advance preparation and enthusiastic participationin online class discussions is an important part of the learning experience in this course and will be evaluated.

The course has been designed to allow flexible management of your time. There will be no quizzes or exams,with the last individual written case taking the place of a final exam. You will be required to work in groups of ~6-7students per group for one or more cases (as assigned). Each student should post a Self-Introduction on theDiscussion Board of eLearning prior to the first class. This information will be used to assist in the formation ofgroups for the course. Choose team members, and sign up by using the online Group Formation Tool by 1/20. Ifnecessary, the instructor will assign students to a team, and well finalize the members of each Group by 1/27.For all projects completed in a group, your grade for the assignment will be adjusted based on a peer evaluationinput made at the end of the semester (see peer evaluation form at end of syllabus).

All students will be required to read all of the cases, think about the questions posted by the instructor, andprepare for and participate in class discussion of every case and assignment, with a participation grade assignedbased on the individuals or groups participation (quality of online comments, contributions to the overalldiscussion, and reasonable level of participation). In general, three meaningful posts will yield full credit forparticipation in each case. Erroneous posts may result in negative participation points that will be factored intothe participation grade for the case. All cases, except for the Clarkson Lumber, Microsoft, and Nanpo cases andthe cases highlighted as primarily reading assignments will be assigned to one or more groups after groups areformed. For cases assigned to one or more groups, each group will be responsible for completing a writtenanalysis of the cases (based on the questions posted online by the instructor for each case). Ill select one ormore groups to lead the case discussion, which will include discussing the groups suggested solution andresponding to questions or inputs made by the instructor of other students after the group turns in their written


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analysis. The assigned group(s) will be graded on their written analysis of the case and their effectiveness inleading and participating in the online discussion. In general, there can be multiple answers to the case questionsdepending on interpretation, and points will be awarded based on your analysis, rationale and support as well asthe online discussion. The Clarkson, Microsoft, and Nanpo Cases and the Research Report will be completedindividually. For the individual cases, grading will be based on your written analysis and your participation inonline discussion that I will lead. Cases designated as being primarily reading should be read by all students withsome online discussion of the topics to follow.

Overall, your grade will be based on your three individual written case assignments, participation and addingvalue to all of the online discussions, your individual research report, and your groups analysis and discussion ofthe cases assigned to your group. (Also see case analysis rubric that will be used in grading the individual andgroup written case assignments.)

SPECIAL ASSIGNMENT:

Research Report: A written research report is required on a topic related to the course, such as start-up financing,term sheet terms, trends in the venture capital or angel industry, evaluation of a VC firm, valuation techniques,crowdsourcing, crowdfunding, etc. Report topic needs to be approved in advance. Each student should submittwo (or more) rank ordered report topics for approval by 2/17/15 (please feel free to submit topics earlier in thecourse if you want to). Maximum length of Research Report is 12 pages (typed, double spaced), including anyexhibits.

GRADE WEIGHTINGS:

Individual written analysis of three cases (Clarkson- 10%, Microsoft- 15%, and Nanpo- 15%) 40%Case(s) assigned to each Group; Written Submission plus leading online discussion (3 @ 10% each) 30%Written Research Report (an Individual Assignment) 10%Participation in all online discussions* 20%*Total 100%

* Participation for individual written assignments and case assigned to your group (group written assignments) willbe reflected in the individual or group grade for that case. I will aggregate each students participation grades for

all other assignments and weight these at 20%. So, for example, participation in online discussions of the readingand discussion cases will be part of the participation pool that is weighted at 20%.

GRADING SCALE:

Scaled Score Letter Equivalent

97-100 A+

93-96 A

90-92 A-

87-89 B+

83-86 B

80-82 B-

77-79 C+74-76 C

70-73 C-

>70 P

Less than 70 F

Incomplete I


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ACCESSING GRADES:

Students can check their grades by clicking My Grades under Course Tools after the grade for each assessmenttask is released.

COURSE AND INSTRUCTOR POLICIES:

SELF INTRODUCTION:

Each student should post a Self-Introduction on the Unit 1 Discussion Board of eLearning prior to the first classsession, and no later than the end of the first week of class. Guidelines are provided on the eLearning groupformation section. This information will assist in the formation of groups for the course, and will assist in theformation of groups.

FORMATION OF GROUPS:

Much of the work in this course will be performed in groups. Students should form small groups (3-6 members)during the first two weeks of the course. Select team members and sign up for a group online using the groupformation tool in eLearning. It is important that you select your groups to include a diverse set of skills and makesure that at least one member is proficient in accounting and spreadsheet analysis. With the self-introductioninformation referenced above, which is accessible via eLearning system, each student should join a group orcommunicate with others to self-form a group.

WEB TELECONFERENCES FOR GROUPS:

A web conferencing tool, Adobe Connect, is available for use in this course if desired to provide real-timecommunications and interaction for group meetings related to the Group Project. This tool combines Voice overInternet Protocol (VoIP) application and desktop sharing, instant messaging and whiteboard functionality to create

a powerful, easy-to-use, collaborative learning environment. The class will communicate and arrange with theprofessor an agreed upon time for each teleconference meeting of each group. See Assignments and AcademicCalendar section for more details, and see the following link for web conference resources:Web Conferencingpage

PEER EVALUATION:

A peer evaluation process will be utilized to adjust individual grades on all group assignments. The peerevaluation form (included at the back of the syllabus) should be completed individually and submitted througheLearning online using the Peer Evaluation assignment on or before 4/28/15.

CLASS SESSION DISCUSSIONS:

You will be expected to participate regularly in online discussions. A great deal of learning takes place when youshare your experiences with others. The professor and/or the group assigned to the group cases will postquestions and comments to each session discussion board which you can respond to. It is absolutely necessarythat you participate regularly.

RULES FOR PARTICIPATION IN DISCUSSION:

1) Participation points will be given for both responses to discussion postings by students and for responsesto questions submitted by professor. However, if no one responds to a question posted by the instructor or by
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the lead group, I will assume that no one knows the answer (which, to some extent, may impact grades forthe class as a whole).2) When a question is posted, the first three replies can answer the question directly, posts after that need torespond to the answers given by other students to mimic an in class discussion. Look at this as aconversation with one another rather than trying to impress the professor with the right answer. Try to addvalue with each post.3) Participation grades for the group cases will be a group participation grade.4) In general, three meaningful posts per case will result in full participation credit if you are being gradedindividually. However, grading is done based on the quality of responses, not quantity, and three or moreposts that are not meaningful will result in less than full points being awarded. Posts such as I agree orsounds good to me will not count towards participation (although you can certainly use these to advance theconversation). In order to count as participation, your post has to be well thought out and pertain to the topicfor the session. You should reference some of the concepts currently being examined in class, not just offervague assessments. You can also refer back to previous sessions material if relevant. Integration ofconcepts is encouraged since most issues dont operate completely independent of one another.5) Keep discussion on topic and factual in nature. No flaming allowed. Opinions are fine as long as they aresupported by facts. For example, stating that you think that a specific course of action is correct because of x,y, z is acceptable; stating that the previous commentator is not important or not an intelligent person willcause a reduction in points for you.6) Grammar and spelling are not graded in the discussion section, so dont feel that you have to spend hours

editing your response as long as it is readable and gets the point across. However, please complete each ofyour thoughts, and use full words, not acronyms and abbreviationsnot everyone is familiar with shorthandtext message language.7) Other than the initial posting of a written response to a case assignment, limit your discussions commentsto 150 words (at the very most)any more than that and readers lose the point (and interest).8) While you can continue to post to a topic of interest, in order to receive full credit for participation, youmust post during the week the topic is being discussed (typically Tuesday-Saturday of each week). Latesubmissions are accepted, but with substantial penalty.

VIRTUAL CLASSROOM CITIZENSHIP:

The same guidelines that apply to traditional classes should be observed in the virtual classroomenvironment. Please use proper etiquette when interacting with class members and the professor.

POLICY ON SERVER UNAVAILABILITY OR OTHER TECHNICAL DIFFICULTIES:

The university is committed to providing a reliable online course system to all users. However, in the event ofany unexpected server outage or any unusual technical difficulty which prevents students from completing atime sensitive assessment activity, the professor may adjust the time windows and provide an appropriateaccommodation based on the situation. Students should immediately report any problems to the professorand also contact the UTD eLearning Help Desk:http://www.utdallas.edu/elearninghelp,1-866-588-3192. Theprofessor and the UTD eLearning Help Desk will work with the student to resolve any issues at the earliestpossible time.

DUE DATES:

Written assignments will be due on the date assigned and must be accessed and submitted through theAssignments icon in the corresponding session of the eLearning system. Late work will not be accepted withoutpenalty and only at the discretion of the instructor. Please reference the dual dates for each assignment in thedetailed schedule provided in this syllabus. If late work is accepted, the penalty for late work will increase basedon how late your submittal is and how many late submittals you make. If you have a conflict, you need to contactthe professor before the due date and the professor will find an earlier date for you to turn in the assignment.

DOCUMENT FORMATS:

Effective written and oral communications are critically important in the business world. It is equally important thatstudents "put their best foot forward" in classroom presentations and written assignments. Poor organization,
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convoluted sentence structures, mangled grammar and misspelled words have no place in effectivecommunications, and will be considered in the evaluation of your work and ideas.

ALL DOCUMENTS-Your name (or the group identification and names of all group members for groupassignments) the course number, and the date, should appear in a header at the beginning of each page of adocument.

GENERAL WRITTEN DOCUMENTS-Any written assignments should be submitted in Word with embedded oraccompanying excel files as appropriate. Please label any excel spreadsheets or exhibits and appropriatelyreference in the Word document. A list of references should be attached for the research report. Cover pages,charts or exhibits, and lists of references are not included in the page count. The manuscript should use 11-12point type, double-spaced, with 1 margins all around. Appropriate titles and section headings should be used.Number all pages. Put your name on your papers.

OUTLINE FORM RESPONSE-Other than the research paper, all assignments may be completed in an outlineformat (as long as each item in the outline completes a thought). Include the reference number (question 1, 2,3, etc.) and a statement of the question followed by a prioritized list of the key items in your response.

ESSAY FORM RESPONSE-If you prefer, you can use a narrative response format on any written assignment.The research paper will also need to be in narrative format. When using a narrative format, the professor willexpect a well organized paper that addresses the case questions and uses section headings, bulleted lists,charts and exhibits as appropriate to clearly communicate your message.

ELECTRONIC SUBMISSION INSTRUCTIONS:

When you submit your assignments in eLearning system, the file name should identify the course, assignmentname, your name or group ID, and date you submitted it. Use the format in the two examples shown below.

Individual Assignment: Smith-John-NanpoCase-FIN6315--1-27-15 .doc

Group Assignment: Group- X-GoogleCase-FIN6315-3-10-15.doc

The cover sheet of any written submittal must also include the names of all of the group members.

You can click each assignment name link and follow the on-screen instructions to upload and submit your file(s).Please refer to the Help menu for more information on using this feature. Please Note: each assignment link will

be deactivated after the assignment due time. After your submission is graded, you may click eac h assignmentsgraded tab to check the results and feedback.

CASE ANALYSIS GUIDELINES:

Written assignments will require the analysis of case situations. Preparation for class discussions will alsofrequently require the analysis of a case situation. Case analysis assignments are designed to evaluate anddevelop your skills in:

Identifying and analyzing key issues and drivers in the case, overall knowledge of case, effectivenessin responding to questions, and demonstration of knowledge of financial analysis techniques whereapplicable.

Effectiveness in supporting and reasonably defending your analysis and position whether your

position is the best answer possible or not Effectiveness in leading online discussion for assigned group. All other students, effectiveness in

adding value to online discussion.

Specific questions for each case will be provided online in advance of each assignment. In general, there are noright or wrong answers for a specific case different approaches and insights are possible, depending on yourindividual perspective and approach. Regardless of your approach and conclusions, the professor expects you tomake reasonable recommendations that: (1) address the identified issues; (2) follow logically from your analysisand conclusions; and (3) make sense (are feasible) in the context of the case situation. Please also see the CaseAnalysis Rubric that we be used in grading all case assignments.


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The written assignments and due dates are summarized in the table below:

Case #

Due

Date

Type

Approximate Length in Outline

Format, not including an Excel

Spreadsheet that will need to beattached

(Pages)

Weight

1. Clarkson Lumber Jan 272015

Outline/ExcelFormat

~5 Individual WrittenAssignment10%

2. Frozen Food Products Feb 3,2015

Outline/ExcelFormat

~5 Group- All Groups*

3. Returns to AngelInvestors; The ChangingFace of Angel Investing

Feb 10,2015

- - Reading and

Discussion: Part ofParticipation Grade

4. Risk and Reward inVenture Capital; EarlyStage Term Sheet

Feb 17,2015

- - Reading and

Discussion; Part ofParticipation Grade

5. Evaluating VentureCapital Term Sheets

Feb 24,2015

Outline/ExcelFormat


6. Endeca Mar 3,2015

- - Reading andDiscussion; Part ofParticipation Grade

7. Google IPO Mar10,2015

Outline/ExcelFormat


8. Microsofts Acquisitionof Skype

Mar

24,2015

~7 Individual WrittenAssignment - 15%

9. Individual ResearchReport

Mar

31,2015

NarrativeFormat

5-7 10%

10.The JOBS Act Apr 7,2015

- - Reading and


11.Venture Deals Textbook Apr 14,2015

- - Reading and


12.Nanpo April21,2015

Outline/ExcelFormat

~7 Individual WrittenAssignment- 15%

13.Class Participation Online 20%

Overall Course Grade 100%

* Group Cases- Four cases will be assigned to all groups. In total, group cases will be weighted at 40%.


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GROUP PROJECTS:

You will be required to work in a group, with ~5-7 students per group. Each student should post a Self-Introduction in the Unit 1 Discussion area of eLearning prior to the first class. This information will be used to setup my grade book and assist in the formation of groups for the course. Sign up online for a group by 1/20. Ifnecessary, the instructor will assign students to group, and well work to finalize the group members by 1/26.

A private discussion area will be set up on the discussion board for internal group communications. A webconference system is available for use. Teams can schedule a live web conference for team work. Please seeWeb Conferencing pagefor instructions on making a reservation and other web conference information.

ASSIGNMENT SUBMISSION INSTRUCTIONS:

You will submit your assignments (in the required file format with a simple file name and a file extension) by usingthe Assignments tool on the course site. Please see the Assignments link on the course menu or see the icon onthe designated page. You can click each assignment name link and follow the on-screen instructions to uploadand submit your file(s). Please refer to the Help menu for more information on using this tool. Please note: eachassignment link will be deactivated after the assignment due time. After your submission is graded, you may clickeach assignments Graded tab to check the results and feedback.

Cases will be assigned to each group. For group assignments, one group member will submit the assignment forthe group by the due date. All students will be able to see the submission. Ill assign one or more groups to leadclass discussion of the group cases. All group members in the assigned group(s) will lead the discussion of theircase analysis with participation from all students in the class.

Locate the assignment in your eLearning course. You will submit your assignments in the required file format witha simple file name and a file extension. To submit your assignment, click the assignment name link and follow theon-screen instructions to upload and submit your file(s). For additional information on how to submit assignments,view theSubmitting An Assignment video tutorial.

Please Note:Each assignment link will be deactivated after the assignment due time. After your submission is graded, youmay go to My Grades on the course menu and click the score link to check the results and feedback .

PARTICIPATION/DISCUSSIONS:

Students should review all online lectures, guest lectures, and posted information, as well as reading the textbook. Active participation in online discussions of cases and research papers will be a significant portion of yourgrade. (Also see the Grading Information Section)

For each case that is assigned as a group case, each group will be responsible for completing a written analysisof the case (based on the questions posted online by the instructor). Ill also select one or more groups to leadthe online discussion which will include discussion of their suggested solution and responses to subsequentquestions or inputs made by the instructor of other students (after the group turns in their written analysis). Theassigned group(s) will be graded based on their written analysis of the case and their effectiveness andparticipation in leading the online discussion (see grading case analysis rubric). If groups are assigned a case but

not asked to lead discussions, their grade will be based on their written analysis of the case and their participationin online discussion as a group (see grading case analysis rubric). Please note, in general, there can be multipleanswers to the case questions depending on interpretation, and points will be awarded based on your analysisand rationale and ability to support. Also see the Case Analysis Rubric that will be used for grading the caseassignments.
http://www.utdallas.edu/elearning/resources/web-conference.htmlhttp://www.utdallas.edu/elearning/resources/web-conference.htmlhttp://ondemand.blackboard.com/r91/movies/bb91_student_submit_assignment.htmhttp://ondemand.blackboard.com/r91/movies/bb91_student_submit_assignment.htmhttp://ondemand.blackboard.com/r91/movies/bb91_student_submit_assignment.htmhttp://ondemand.blackboard.com/r91/movies/bb91_student_submit_assignment.htmhttp://www.utdallas.edu/elearning/resources/web-conference.html


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For the three individual written cases, each student will be responsible for submitting a written response toquestions posted in advance by the instructor. Each student will also be expected to participate in onlinediscussion of these cases. The grading rubric will also apply to these cases on an individual basis.

In summary, all students will be required to read all of the cases (whether the case is assigned to a group or not),think about the questions posted by the instructor or by the lead group (for group cases), and prepare for andparticipate in class discussion of each case.

ONLINE TESTS/QUIZZES:

N/A

FINAL EXAMINATION:

None. (The last individual written case will take the place of a final exam.)

STUDENT RESOURCES:

The following university resources are available to students:

UTD Distance Learning: http://www.utdallas.edu/elearning/students/cstudents.htm

McDermott Library:Distance Learners (UTD students who live outside the boundaries of Collin, Dallas, Denton,Rockwall,orTarrantcounties) will need aUTD-ID number to access all of the librarys electronic resources(reserves, journal articles, ebooks, interlibrary loan) from off campus. For UTD students living within thosecounties who are taking online courses, a Comet Card is required to check out materials at the McDermottLibrary. For more information on library resources go tohttp://www.utdallas.edu/library/distlearn/disted.htm .

SCHOLASTIC HONESTY:

The University has policies and discipline procedures regarding scholastic dishonesty. Detailed information isavailable on theUTD Judicial Affairsweb page. All students are expected to maintain a high level of responsibilitywith respect to academic honesty. Students who violate University rules on scholastic dishonesty are subject todisciplinary penalties, including the possibility of failure in the course and/or dismissal from the University. Sincesuch dishonesty harms the individual, all students and the integrity of the University, policies on scholasticdishonesty will be strictly enforced. See further details in the University Policies section below.

COURSE EVALUATION:

As required by UTD academic regulations, every student will be asked to complete an evaluation for eachenrolled course at the end of the semester. An online instructional assessment form will be made available foryour confidential use. Please look for the course evaluation link on the course Home Page towards the end of thecourse.
http://www.utdallas.edu/elearning/students/cstudents.htmhttp://www.utdallas.edu/elearning/students/cstudents.htmhttp://www.utdallas.edu/library/distlearn/disted.htmhttp://www.utdallas.edu/library/distlearn/disted.htmhttp://www.utdallas.edu/library/distlearn/disted.htmhttp://www.utdallas.edu/student/slife/dishonesty.htmlhttp://www.utdallas.edu/student/slife/dishonesty.htmlhttp://www.utdallas.edu/student/slife/dishonesty.htmlhttp://www.utdallas.edu/student/slife/dishonesty.htmlhttp://www.utdallas.edu/library/distlearn/disted.htmhttp://www.utdallas.edu/elearning/students/cstudents.htm


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UNIVERSITY POLICIES:

The information contained in the following link constitutes the Universitys policies and procedures segment of thecourse syllabus.

Please go tohttp://go.utdallas.edu/syllabus-policiesfor these policies

TECHNICAL SUPPORT: If you experience any problems with your UTD account, you may send an email to:[email protected] call the UTD Computer Helpdesk at 972-883-2911.

OFF-CAMPUS INSTRUCTION AND COURSE ACTIVITIES:Off-campus, out-of-state, and foreigninstruction and activities are subject to state law and University policies and procedures regarding travel and risk-related activities. Information regarding these rules and regulations may be found at the website addresshttp://www.utdallas.edu/BusinessAffairs /Travel_Risk_Activities.htm. Additional information is available from theoffice of the school dean. Below is a description of any travel and/or risk-related activity associated with thiscourse.

There is no course activity applicable to this Off-campus Instruction and Course Activities provision.

STUDENT CONDUCT & DISCIPLINE-The University of Texas System and The University of Texas at Dallashave rules and regulations for the orderly and efficient conduct of their business. It is the responsibility of eachstudent and each student organization to be knowledgeable about the rules and regulations which govern studentconduct and activities. General information on student conduct and discipline is contained in the UTD publication,A to Z Guide, which is provided to all registered students each academic year.

The University of Texas at Dallas administers student discipline within the procedures of recognized andestablished due process. Procedures are defined and described in the Rules and Regulations, Series 50000,Board of Regents, The University of Texas System, and in Title V, Rules on Student Services and Activities ofthe universitys Handbook of Operating Procedures. Copies of these rules and regulations are available tostudents in the Office of the Dean of Students, where staff members are available to assist students in interpretingthe rules and regulations (SU 1.602, 972/883-6391) and online at

http://www.utdallas.edu/judicialaffairs/UTDJudicialAffairs-HOPV.html .A student at the university neither loses the rights nor escapes the responsibilit ies of citizenship. He or she isexpected to obey federal, state, and local laws as well as the Regents Rules, university regulations, andadministrative rules. Students are subject to discipline for violating the standards of conduct whether suchconduct takes place on or off campus, or whether civil or criminal penalties are also imposed for such conduct.

ACADEMIC INTEGRITY- The faculty expects from its students a high level of responsibility and academichonesty. Because the value of an academic degree depends upon the absolute integrity of the work done by thestudent for that degree, it is imperative that a student demonstrate a high standard of individual honor in his or herscholastic work.

Scholastic Dishonesty, any student who commits an act of scholastic dishonesty is subject to discipline.Scholastic dishonesty includes, but is not limited to, statements, acts or omissions related to applications forenrollment or the award of a degree, and/or the submission as ones own work or material that is not ones own.

Scholastic dishonesty includes but is not limited to cheating, plagiarism, collusion, the submission for credit of anywork or materials that are attributable in whole or in part to another person, taking an examination for anotherperson, any act designed to give unfair advantage to a student or the attempt to commit such acts.

Plagiarism, especially from the web, from portions of papers for other classes, and from any other source isunacceptable and will be dealt with under the universitys policy on plagiarism (see general catalog for details).This course will use the resources of turnitin.com, which searches the web for possible plagiarism and is over90% effective.

COPYRIGHT NOTICE- The copyright law of the United States (Title 17, United States Code) governs the makingof photocopies or other reproductions of copyrighted materials, including music and software. Copying, displaying,
http://go.utdallas.edu/syllabus-policieshttp://go.utdallas.edu/syllabus-policieshttp://go.utdallas.edu/syllabus-policiesmailto:[email protected]:[email protected]://www.utdallas.edu/BusinessAffairs%20/Travel_Risk_Activities.htmhttp://www.utdallas.edu/BusinessAffairs%20/Travel_Risk_Activities.htmhttp://www.utdallas.edu/judicialaffairs/UTDJudicialAffairs-HOPV.htmlhttp://www.utdallas.edu/judicialaffairs/UTDJudicialAffairs-HOPV.htmlhttp://www.utdallas.edu/judicialaffairs/UTDJudicialAffairs-HOPV.htmlhttp://www.utdallas.edu/BusinessAffairs%20/Travel_Risk_Activities.htmmailto:[email protected]://go.utdallas.edu/syllabus-policies


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reproducing, or distributing copyrighted works may infringe the copy right owners rights and such infringement issubject to appropriate disciplinary action as well as criminal penalties provided by federal law. Usage of suchmaterial is only appropriate when that usage constitutes fair use under the Copyright Act. As a UT Dallasstudent, you are required to follow the institutions copyright policy (Policy Memorandum 84-I.3-46). For moreinformation about the fair use exemption, seehttp://www.utsystem.edu/ogc/intellectualproperty/copypol2.htm .

EMAIL USE- The University of Texas at Dallas recognizes the value and efficiency of communication between

faculty/staff and students through electronic mail. At the same time, email raises some issues concerning securityand the identity of each individual in an email exchange. The university encourages all official student emailcorrespondence be sent only to a students U.T . Dallas email address and that faculty and staff consider emailfrom students official only if it originates from a UTD student account. This allows the university to maintain a highdegree of confidence in the identity of all individual corresponding and the security of the transmitted information.UTD furnishes each student with a free email account that is to be used in all communication with universitypersonnel. The Department of Information Resources at U.T. Dallas provides a method for students to have theirU.T. Dallas mail forwarded to other accounts.

WITHDRAWAL FROM CLASS-The administration of this institution has set deadlines for withdrawal of anycollege-level courses. These dates and times are published in that semester's course catalog. Administrationprocedures must be followed. It is the student's responsibility to handle withdrawal requirements from any class.In other words, the professor cannot drop or withdraw any student. You must do the proper paperwork to ensurethat you will not receive a final grade of "F" in a course if you choose not to attend the class once you are

enrolled.STUDENT GRIEVANCE PROCEDURES-Procedures for student grievances are found in Title V, Rules onStudent Services and Activities, of the universitys Handbook of Operating Procedures.

In attempting to resolve any student grievance regarding grades, evaluations, or other fulfillments of academicresponsibility, it is the obligation of the student first to make a serious effort to resolve the matter with theinstructor, supervisor, administrator, or committee with whom the grievance originates (hereafter called therespondent). Individual faculty members retain primary responsibility for assigning grades and evaluations. Ifthe matter cannot be resolved at that level, the grievance must be submitted in writing to the respondent with acopy of the respondents School Dean. If the matter is not resolved by the written response provided by therespondent, the student may submit a written appeal to the School Dean. If the grievance is not resolved by theSchool Deans decision, the student may make a written appeal to the Dean of Graduate or UndergraduateEducation, and the deal will appoint and convene an Academic Appeals Panel. The decision of the AcademicAppeals Panel is final. The results of the academic appeals process will be distributed to all involved parties.

Copies of these rules and regulations are available to students in the Office of the Dean of Students, where staffmembers are available to assist students in interpreting the rules and regulations.

INCOMPLETE GRADE POLICY-As per university policy, incomplete grades will be granted only for workunavoidably missed at the semesters end and only if 70% of the course work has been completed. Anincomplete grade must be resolved within eight (8) weeks from the first day of the subsequent long semester. Ifthe required work to complete the course and to remove the incomplete grade is not submitted by the specifieddeadline, the incomplete grade is changed automatically to a grade of F.

DISABILITY SERVICES-The goal of Disability Services is to provide students with disabilities educationalopportunities equal to those of their non-disabled peers. Disability Services is located in room 1.610 in theStudent Union. Office hours are Monday and Thursday, 8:30 a.m. to 6:30 p.m.; Tuesday and Wednesday, 8:30a.m. to 7:30 p.m.; and Friday, 8:30 a.m. to 5:30 p.m.

The contact information for the Office of Disability Services is:

The University of Texas at Dallas, SU 22PO Box 830688Richardson, Texas 75083-0688(972) 883-2098 (voice or TTY)[email protected]

If you anticipate issues related to the format or requirements of this course, please meet with the Coordinator ofDisability Services. The Coordinator is available to discuss ways to ensure your full participation in the course. Ifyou determine that formal, disability-related accommodations are necessary, it is very important that you be
http://www.utsystem.edu/ogc/intellectualproperty/copypol2.htmhttp://www.utsystem.edu/ogc/intellectualproperty/copypol2.htmhttp://www.utsystem.edu/ogc/intellectualproperty/copypol2.htmmailto:[email protected]:[email protected]:[email protected]://www.utsystem.edu/ogc/intellectualproperty/copypol2.htm


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registered with Disability Services to notify them of your eligibility for reasonable accommodations. DisabilityServices can then plan how best to coordinate your accommodations.

It is the students responsibility to notify his or her professors of the need for such an accommodation. DisabilityServices provides students with letters to present to faculty members to verify that the student has a disability andneeds accommodations. Individuals requiring special accommodation should contact the professor after class orduring office hours.

RELIGIOUS HOLY DAYS-The University of Texas at Dallas will excuse a student from class or other required

activities for the travel to and observance of a religious holy day for a religion whose places of worship are exemptfrom property tax under Section 11.20, Tax Code, Texas Code Annotated.

The student is encouraged to notify the instructor or activity sponsor as soon as possible regarding the absence,preferably in advance of the assignment. The student, so excused, will be allowed to take the exam or completethe assignment within a reasonable time after the absence: a period equal to the length of the absence, up to amaximum of one week. A student who notifies the instructor and completes any missed exam or assignment maynot be penalized for the absence. A student who fails to complete the exam or assignment within the prescribedperiod may receive a failing grade for that exam or assignment.

If a student or an instructor disagrees about the nature of the absence [i.e., for the purpose of observing areligious holy day] or if there is similar disagreement about whether the student has been given a reasonable timeto complete any missed assignments or examinations, either the student or the instructor may request a rulingfrom the chief executive officer of the institution, or his or her designee. The chief executive officer or designee

must take into account the legislative intent of TEC 51.911(b), and the student and instructor will abide by thedecision of the chief executive officer or designee.

All descriptions and timelines are subject to change at the discretion of the course instructor.


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ENTP/FIN 6315-0W1 Online Syllabus- Spring 2015-1-6-15 Page 19 of 19

PEER EVALUATION FORM

The peer evaluation process is intended to provide group members with an opportunity to contribute to theevaluation of the performance of your team members on group activities. On the form below, you may rate theperformance and contributions of your team members (including yourself) in the preparation of the groupassignments from 80 to 120.

1. Enter the names of your group members (alphabetically by last name and first initial). Include yourself.2. Evaluate each assignment separately. Each team member will begin with 100 points on each assignment.3. You may reallocate the total number of points among team members within a range of 80 to 120 points

for each individual, based on their contributions to the group effort on that assignment.4. The total number of points allocated on any single assignment must equal 100 times the number of

members of the team. If you have five members on the team, the total for each column must equal 500.5. I will calculate an overall assessment as a weighted average of the individual ratings.

Please sign the evaluation, place it in a sealed envelope, and turn it in at the instructors office or email it to theinstructor through the eLearning system on or before April 28th.

PEER EVALUATION (Skip or delete the columns in table that were not assigned to your group)

Group Member (list names

alphabetically)

Frozen Food Products

Group Case 1

2/3/15(80-120

Evaluating VC Term

Sheets Group Case 2

2/24/15(80-120)

Google IPO

Group Case 3

3/10/15(80-120)

1

2

3

4

5

Total

COMMENTS

Group

Member Comments (please support and justify any assessment below 90% or above 110%) Continue on reverse if

necessary.

1

2

3

4

5

Signature: ____________________________________

Print Name: ____________________________________

Documents

Syllabus 6315 EntrepreneurialFinance Spring 15 as of 1-6-15