Essential Things to Know When Forming Your Startup

These workshops will provide founders and entrepreneurs with a practical understanding of the essential things to know in order to navigate through the early stage of a company's existence. Topics will include: essential components of starting a scalable company, raising capital, startup finance and creating materials for fundraising.

Topics will include: essential components of starting a scalable company, raising capital, startup finance and creating materials for fundraising. 

Takeaways:

Session I - Business Formation & Early Stage Capital

• Idea generation and how to assess opportunities
• Choosing legal entity
• Deciding ownership 
• Growing your business
• Understanding operations
• Considering revenue streams
• Why do you need capital, and different sources for getting it
• What is required for an initial raise and subsequent rounds
• Uses of funds
• Liquidity

Session II - Startup Finance, Pitch Books & Executive Summaries

• Key terms (burn, run rate…)
• Financial statement analysis
• Bottoms up market analysis
• Mission control assumptions
• Creating an income statement
• Valuing your startup
• Cap tables & dilution
• Balance sheet & cash flows
• Personalized Investor Deck
• Personalized Exec. Summary

Prereqs & Preparation: 

Students should come prepared to talk about their business or idea and to build relationships with other emerging startup founders.