Venture Start-up Investment theory

Description

Venture Investment Theory explores the process of creating new value through the interaction between startups with innovative business ideas and venture capital (VC) providing financial support. This course aims to help undergraduate students easily and engagingly grasp the basic concepts of venture investment while gaining a comprehensive understanding of the startup ecosystem, including domestic and international cases and government support programs. The curriculum focuses on the entire investment process—sourcing, evaluation, deal structuring, post-investment management, and exit—using experiential and case-based learning. Complex financial theories or intricate contract clauses are simplified to cover fundamental concepts, while diverse real-world examples and narratives demonstrate how venture investment works and why it plays a critical role in fostering innovation. Projected Results: 1. Understanding the Basics of Venture Investment Gain an intuitive understanding of key terms and concepts such as venture, startup, angel investment, and venture capital. Visualize the roles of various stakeholders (entrepreneurs, investors, government, etc.) within the venture ecosystem. 2. Comprehending the Investment Process Systematically grasp the entire flow from sourcing startups to due diligence, deal signing, post-investment management, and exit. Learn about issues and solutions at each stage through simple cases and stories. 3. Learning the Basics of Business Models and Valuation Use basic analytical tools like the Business Model Canvas (BMC) to understand how startups operate. Perform valuations by considering factors such as market size, competitive landscape, and team capabilities, without relying on complex financial formulas. 4. Understanding Investment Contract Structures and Negotiation Points Learn the key terms commonly found in term sheets (e.g., preferred shares, equity ownership, anti-dilution clauses) in a simple and clear manner. Explore negotiation points between startups and investors, and study practical considerations for drafting contracts through case studies. 5. Exploring Government Support Programs and Global Trends Examine the core structure of government support programs such as TIPS and the Korea Venture Fund, as well as domestic and international venture investment trends. Explore emerging investment trends like ESG and impact investing to broaden perspectives on entrepreneurship and investment. 6. Enhancing Practical Skills and Collaboration Abilities Develop practical experience and on-the-ground insights through guest lectures by industry professionals (e.g., VC analysts, entrepreneurs) and case analyses. 7. Fostering Interest and Insight in Entrepreneurship and Investment Reduce apprehension about entrepreneurship and venture investment through real-world case studies, and spark specific interests in the field. Motivate diverse career paths (e.g., entrepreneurship, investment, consulting) based on experiences within the venture ecosystem.