-
When Do Consumers Prefer Crowdfunded Products?
Innovation & Leadership Digital ArticleOne study found that people were willing to pay about 21% more for a product when they were told it was crowdfunded. -
How Venture Capital Works
Finance & Accounting Magazine ArticleIn this article, Bob Zider, president of the Beta Group, a California-based firm that invests in commercializing new technologies, presents an analysis... -
Venture Financing and Entrepreneurial Success
Innovation & Leadership Digital ArticleDoes high-quality venture financing increase the success of funded ventures? My co-authors, Josh Lerner of HBS and Antoinette Schoar of MIT, and I define... -
Bootstrap Finance: The Art of Start-ups
Entrepreneurial financing Magazine ArticleEntrepreneurship is more celebrated, studied, and desirable than ever. Business school students flock to courses on entrepreneurship. Managers, fearful of losing their step on the corporate ladder, yearn to step off on their own. Policymakers pin their hopes for job creation and economic growth on start-ups rather than on the once-preeminent corporate giants. Belief in […] -
The Era of “Move Fast and Break Things” Is Over
Venture capital Digital ArticleHere’s what that means for VCs and entrepreneurs. -
The Top Ten Lies of Entrepreneurs
Entrepreneurial financing Magazine ArticleIt’s easy to turn off prospective investors. Just feed them the same old lines. -
Don't Build Your Startup Outside of Silicon Valley
Innovation & Leadership Digital ArticleThe deck is stacked against entrepreneurs who aren't in San Francisco Bay, New York, or Boston. -
A Stealthier Way to Raise Money
Entrepreneurship Magazine ArticleWhen entrepreneurs get financing from big VC firms, they often lose control over their idea and their business. An increasing number are unwilling to make that deal. -
How to Attract the Right Shareholders
Fundraising Digital ArticleInstead of casting a wide net, try a more strategic approach. -
Why the U.S. Innovation Ecosystem Is Slowing Down
Innovation ResearchResearch shows how corporate and scientific R&D have splintered since the 1970s. -
What High-Quality Revenue Looks Like
Venture capital Digital ArticleIt’s not just about growth. -
Managing Shareholders in the Age of Stakeholder Capitalism
Finance & Accounting Digital ArticleHow to identify and attract investors who will support your long-term, stakeholder-focused plans. -
What Venture Trends Can Tell You
Finance and investing Magazine ArticleThe venture capital industry is in for a shakeout—and smart outsiders are watching. -
The Disruption of Venture Capital
Disruptive innovation Digital Article“…most often the very skills that propel an organization to succeed in sustaining circumstances systematically bungle the best ideas for disruptive growth. An organization’s capabilities become its disabilities when disruption is afoot.” – Clayton Christensen, The Innovator’s Solution In November 2005, Paul Graham wrote an essay titled “The Venture Capital Squeeze.” It had been over […] -
Start-Up Capital Is Spreading Across the U.S.
Venture capital Digital ArticleWhile a few cities dominate, more are getting in on the game. -
Is Corporate Venture Capital Right for Your Startup?
Innovation & Leadership Digital ArticleHow entrepreneurs can decide whether to pursue corporate funding, and if so, which CVC to pick. -
Social Impact Investing Will Be the New Venture Capital
Organizational Development Digital ArticleNew funding models are about to revolutionize the social sector. -
Women-Led Startups Received Just 2.3% of VC Funding in 2020
Leadership & Managing People Digital ArticleIn a year of uncertainty, VCs acted like funding female founders was risky - but the real risk is in leaving them behind. -
Silicon Valley Bank’s Focus on Startups Was a Double-Edged Sword
Financial crisis Digital ArticleSector specialization comes with steep risks — and high upside. -
Dear Entrepreneur: Think Cash, Not Ideas
Innovation & Leadership Digital ArticleLast week NBA legend-turned-entrepreneur Magic Johnson sold his Starbucks franchises back to the corporation for a reported $75 million. Rumor has it,...
-
Codecademy: Where to Next?
Innovation & Entrepreneurship Case Study11.95View Details In March 2020, Zach Sims, co-founder and CEO of online education platform Codecademy, prepared for a meeting with his Chief of Staff Kunal Ahuja to discuss... -
Statements of Cash Flows: Three Examples
Innovation & Entrepreneurship Case Study11.95View Details This case introduces the statement of cash flow through three examples of multi-year statements of cash flows from three unidentified companies. -
Venture Capital and Private Equity Funds: A Primer
Management Case Study8.95View Details How do venture capital and private equity funds actually work? This Technical Note covers the "when, who, and how" details: "When": fund length, extensions,... -
Altos Ventures (B)
Innovation & Entrepreneurship Case Study5.00View Details In December 2021, Han Kim, Anthony Lee, and Ho Nam reflected on how far they had come since 2012. This B case provides an update on Altos Ventures' decision-making... -
Aptera: The Future of Financing (C)
Innovation & Entrepreneurship Case Study5.00View Details Aptera is on its second life. It originally began as a VC-backed electric car company in the 1990s. But that first life ended badly, as the company could... -
Deborah Quazzo at GSV Ventures
Innovation & Entrepreneurship Case Study11.95View Details As COVID-19 swept across the globe in 2020, the education sector faced unprecedented disruption. Schools and colleges worldwide shut down, forcing over... -
Sober Sidekick
Management Case Study11.95View Details Case on the nascent business model of a mobile health IT startup. In particular, should they pivot away from their successful lead generation business... -
Corporate Venture Capital at Eli Lilly
Innovation & Entrepreneurship Case Study11.95View Details Reviews the role of corporate venture capital and its history at Eli Lilly. Also presents a challenging venture investment opportunity. -
On the Bubble: Startup Bootstrapping
Innovation & Entrepreneurship Case Study11.95View Details Bubble was a software company in the low-code/no-code market, making tools that allowed users without traditional programming backgrounds or technical... -
Evaluating the Social Value of Impact Investments: Vox Capital and Magnamed
Innovation & Entrepreneurship Case Study11.95View Details Vox Capital was a pioneer as an impact investment company in Brazil, with the purpose of creating a world where businesses can generate positive social... -
Pan-China Consulting Services: Assessing Future Directions
Finance & Accounting Case Study11.95View Details In February 2020, Pan-China Consulting Services Co. Ltd. (Pan-China) was entering its third decade in operation. Pan-China's founder was reviewing the... -
Held Hostage in the 21st Century: Cybersecurity, Ransomware, and Crisis Management (B)
Leadership & Managing People Case Study5.00View Details This case is part of the Giving Voice to Values (GVV) curriculum. To see other material in the GVV curriculum, please visit http://store.darden.virginia.edu/giving-voice-to-values.... -
Convertible Notes in Early-Stage Financing
Management Case Study8.95View Details This technical note introduces convertible note financing for early-stage start-up companies. These unpriced securities offer significant advantages related... -
The Black New Venture Competition
Innovation & Entrepreneurship Case Study11.95View Details Black entrepreneurs encounter many unique obstacles when raising capital to start and grow a business. During their second year at Harvard Business School... -
Crisis at Away (B)
Strategy & Execution Case Study5.00View Details This case is a follow-up to "Crisis at Away (A)" (UVA-S-0361), which explores the lifestyle-brand start-up Away as it grapples with a public-relations... -
How Venture Capitalists Evaluate Potential Venture Opportunities
Innovation & Entrepreneurship Case Study11.95View Details Four venture capitalists from leading Silicon Valley firms are interviewed about the frameworks they use to evaluate potential venture opportunities.... -
Financial Impacts of Climate Change: Invest or Not?
Management Case Study11.95View Details This case involves quantifying emissions, their impact, and applying the social cost of carbon to complete a comparative financial valuation for a fictional... -
Valuing Snap After the IPO Quiet Period (A)
Finance & Accounting Case Study11.95View Details Snap, the disappearing message app, went public at $17 per share on March 2, 2017, making its two 20-something founders the youngest self-made billionaires... -
The Costa Rican Software Corridor: Startup Develops Expansion Plans for Latin America
Sales & Marketing Case Study11.95View Details In the 1990s, San José, Costa Rica, was beginning to emerge as a Latin American hot spot for the information technology sector. SPS Software, a small... -
Precision Parts, Inc. (A)
Finance & Accounting Case Study11.95View Details Contains a description of a decision confronting two entrepreneurs in mid-1981. They are considering purchasing a small manufacturer of precision electromechanical...
-
When Do Consumers Prefer Crowdfunded Products?
Innovation & Leadership Digital ArticleOne study found that people were willing to pay about 21% more for a product when they were told it was crowdfunded. -
How Venture Capital Works
Finance & Accounting Magazine ArticleIn this article, Bob Zider, president of the Beta Group, a California-based firm that invests in commercializing new technologies, presents an analysis... -
Codecademy: Where to Next?
Innovation & Entrepreneurship Case Study11.95View Details In March 2020, Zach Sims, co-founder and CEO of online education platform Codecademy, prepared for a meeting with his Chief of Staff Kunal Ahuja to discuss... -
Venture Financing and Entrepreneurial Success
Innovation & Leadership Digital ArticleDoes high-quality venture financing increase the success of funded ventures? My co-authors, Josh Lerner of HBS and Antoinette Schoar of MIT, and I define... -
Statements of Cash Flows: Three Examples
Innovation & Entrepreneurship Case Study11.95View Details This case introduces the statement of cash flow through three examples of multi-year statements of cash flows from three unidentified companies. -
Bootstrap Finance: The Art of Start-ups
Entrepreneurial financing Magazine ArticleEntrepreneurship is more celebrated, studied, and desirable than ever. Business school students flock to courses on entrepreneurship. Managers, fearful of losing their step on the corporate ladder, yearn to step off on their own. Policymakers pin their hopes for job creation and economic growth on start-ups rather than on the once-preeminent corporate giants. Belief in […] -
The Era of “Move Fast and Break Things” Is Over
Venture capital Digital ArticleHere’s what that means for VCs and entrepreneurs. -
Venture Capital and Private Equity Funds: A Primer
Management Case Study8.95View Details How do venture capital and private equity funds actually work? This Technical Note covers the "when, who, and how" details: "When": fund length, extensions,...