New User Special Price Expires in

Let's log you in.

Sign in with Facebook


Don't have a StudySoup account? Create one here!


Create a StudySoup account

Be part of our community, it's free to join!

Sign up with Facebook


Create your account
By creating an account you agree to StudySoup's terms and conditions and privacy policy

Already have a StudySoup account? Login here

Entrepreneurial Finance

by: Zella Renner

Entrepreneurial Finance ESBM 4570

Zella Renner

GPA 3.92

Sanjai Bhagat

Almost Ready


These notes were just uploaded, and will be ready to view shortly.

Purchase these notes here, or revisit this page.

Either way, we'll remind you when they're ready :)

Preview These Notes for FREE

Get a free preview of these Notes, just enter your email below.

Unlock Preview
Unlock Preview

Preview these materials now for free

Why put in your email? Get access to more of this material and other relevant free materials for your school

View Preview

About this Document

Sanjai Bhagat
Study Guide
50 ?




Popular in Course

Popular in Business, management

This 1 page Study Guide was uploaded by Zella Renner on Thursday October 29, 2015. The Study Guide belongs to ESBM 4570 at University of Colorado at Boulder taught by Sanjai Bhagat in Fall. Since its upload, it has received 61 views. For similar materials see /class/231970/esbm-4570-university-of-colorado-at-boulder in Business, management at University of Colorado at Boulder.

Popular in Business, management


Reviews for Entrepreneurial Finance


Report this Material


What is Karma?


Karma is the currency of StudySoup.

You can buy or earn more Karma at anytime and redeem it for class notes, study guides, flashcards, and more!

Date Created: 10/29/15
Stud uestions for ESBM 4570 A I39ll 5 2007 1 With the help of a numerical example discuss and explain the underinvestment problem How could a business avoid this problem Explain 2 Describe the various methods of estimating the cost of equity Discuss the advantages and disadvantages of the various methods of estimating the cost of equity value 1ppt slides 3 7 39 slides 6 7 3 Describe the stable growth 2stage growth and 3stage growth models Discuss when each model is appropriate to use value 1ppt slides 68 70 4 Describe and discuss how you would value a company that currently has negative earnings value 2ppt slides 185 186 example in slides 187 199 5 What are the advantages and disadvantages of the following valuation techniques Discounted Cash ow Valuation Relative Valuation Real Option Valuation Valuation ppt 6 Kaplan and Stromberg 2001 2003 note that VC contracts have the following features antidilution rights automatic conversion and vesting and noncompete clauses Describe these contractual features What is the economic justification for including it in a VC contract VC Contracting ppt 7 Why are initial public offerings underpriced as discussed by Welch and Ritter 2002 Please be sure to discuss the theories based on asymmetric information both when the issuer is more informed than the investor and the investors are more informed than issuer theories based on symmetric information and theories focusing on the allocation of IPO shares IPOppt 8 a Why do rms go public Please discuss the lifecycle and markettiming theories as discussed in Welch and Ritter 2002 b Why do venturecapitalists use such high discount rates venture discount class doc c What are some of the determinants of an IPO s value as discussed by Bhagat and Rangan 2006 IPOppt 9 What are the significant determinants of whether a privately held rm is taken over by a publiclyheld rm versus conducting an IPO as discussed by Poulsen and Stegemoller 2006 IPOppt Please note The Final Exam will consist of ve questions drawn from the above some more questions will be added to the above You will be asked to answer three of these ve questions It is expected that the answer to each question would take about 30 minutes


Buy Material

Are you sure you want to buy this material for

50 Karma

Buy Material

BOOM! Enjoy Your Free Notes!

We've added these Notes to your profile, click here to view them now.


You're already Subscribed!

Looks like you've already subscribed to StudySoup, you won't need to purchase another subscription to get this material. To access this material simply click 'View Full Document'

Why people love StudySoup

Jim McGreen Ohio University

"Knowing I can count on the Elite Notetaker in my class allows me to focus on what the professor is saying instead of just scribbling notes the whole time and falling behind."

Amaris Trozzo George Washington University

"I made $350 in just two days after posting my first study guide."

Bentley McCaw University of Florida

"I was shooting for a perfect 4.0 GPA this semester. Having StudySoup as a study aid was critical to helping me achieve my goal...and I nailed it!"


"Their 'Elite Notetakers' are making over $1,200/month in sales by creating high quality content that helps their classmates in a time of need."

Become an Elite Notetaker and start selling your notes online!

Refund Policy


All subscriptions to StudySoup are paid in full at the time of subscribing. To change your credit card information or to cancel your subscription, go to "Edit Settings". All credit card information will be available there. If you should decide to cancel your subscription, it will continue to be valid until the next payment period, as all payments for the current period were made in advance. For special circumstances, please email


StudySoup has more than 1 million course-specific study resources to help students study smarter. If you’re having trouble finding what you’re looking for, our customer support team can help you find what you need! Feel free to contact them here:

Recurring Subscriptions: If you have canceled your recurring subscription on the day of renewal and have not downloaded any documents, you may request a refund by submitting an email to

Satisfaction Guarantee: If you’re not satisfied with your subscription, you can contact us for further help. Contact must be made within 3 business days of your subscription purchase and your refund request will be subject for review.

Please Note: Refunds can never be provided more than 30 days after the initial purchase date regardless of your activity on the site.