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From Concept to Wall Street: A Complete Guide to Entrepreneurship and Venture Capital
By Oren Fuerst, Uri Geiger, Chemi Peres, Davidi Gilo, Ron Lubash
   
Publisher : Financial Times Prentice Hall
Pub Date : August 22, 2002
ISBN : 0-13-034803-1
Pages : 352


From Concept to Wall Street is the definitive guide to the new realities of venture capital. Two leading experts in venture-backed entrepreneurship offer start-to-finish coverage of the entire process: planning, teambuilding, protecting intellectual property, identifying and negotiating funding, and managing to - and through - IPOs or M+As. Drawing on immense personal experience - and the lessons of recent years - Dr. Oren Fuerst and Dr. Uri Geiger offer a complete roadmap for entrepreneurs, investors, and advisors in every VC-funded industry.

   
•  Table of Contents
From Concept to Wall Street: A Complete Guide to Entrepreneurship and Venture Capital
By Oren Fuerst, Uri Geiger, Chemi Peres, Davidi Gilo, Ron Lubash
   
Publisher : Financial Times Prentice Hall
Pub Date : August 22, 2002
ISBN : 0-13-034803-1
Pages : 352
Copyright
    Financial Times Prentice Hall
    Financial Times Prentice Hall Books
    Foreword
    Preface
    Acknowledgments
    About the Authors
    Chapter 1.  Introduction
      Book Structure
      Glossary
   
    Part I.  Establishment and Development of Ventures
      Chapter 2.  Beginnings—Establishing a Venture
      The Price of Success and Failure
      The Idea
      The Management Team
      External Advisors
      Incorporation
      Incorporation in Delaware
   
      Chapter 3.  Financial and Business Planning
      The Company's Business Cycle
      Financial Statements
      Financial Projections
      Cost Structure Analysis and Forecasting
      Cash Flow Forecasting
      Market Analysis and Strategic Planning
      Strategic Alliances
      The Business Plan
   
      Chapter 4.  Employee Recruitment and Compensation
      Employee Recruiting
      Employee Compensation in the Technology Segments
      Granting Options to Employees
      Taxation of Stock Options
      Performance-based Compensation
      Incentives to Tie Employees to the Company
      Considerations in Employment Termination
   
      Chapter 5.  Intangible Capital and Intellectual Property
      Patents
      Copyright Law
      Trademark Law
      Trade Secrets
      Issues with Employees
      NDA—Non-Disclosure Agreements
      Considerations in the Granting of Licenses
   
   
    Part II.  Financing the Venture
      Chapter 6.  Milestones and Sources of Financing the Venture
      Financing in Stages
      Milestones in Venture Development
      Scope of Financing and the Company's Value
      Stages in Raising Venture Capital
      Sources of Capital
   
      Chapter 7.  Practical Aspects of Raising Venture Capital
      Basic Terms
      Deciding How Much Capital to Raise
      Valuing the Company for the Purpose of Raising Capital/Determining According to Which Value Capital Will be Raised
      The Process of Raising Venture Capital
   
      Chapter 8.  Legal and Contractual Aspects of Raising Venture Capital
      Legal Restrictions on Raising Private Capital
   
      Chapter 9.  Valuation of Companies
      Methods Based on Multiples
      Methods for Discounting Cash Flows and Residual Income
      The Real Options Method
      Value to Investors or Strategic Investors and Buyers
      The Discount Rate Used by Venture Capital Funds
      Issuing Stock to Investors
      The Venture Capital Method
      Appendix—Basic Terms in Measurement
   
   
    Part III.  Venture Capital Investors
      Chapter 10.  Venture Capital Funds
      Private Equity Funds and Venture Capital Funds
      Venture Capital Investment Characteristics
      Venture Capital Funds and Their Investors
      Venture Capital Funds and Their Portfolios
      The Development of the Venture Capital Industry in the United States
      The Venture Capital Industry at the Dawn of the Third Millennium
      The Structure and Activities of Venture Capital Funds
      Exit Strategies of Investments by Venture Capital Funds
      The Return on Venture Capital Funds
   
      Chapter 11.  Other Venture Capital Investors
      Private Investors (Angels)
      Corporate and Other Investors
      Financial Institutions Which Invest Directly in Funds
      Other Sources of Capital
   
   
    Part IV.  Raising Capital from the Public
      Chapter 12.  Raising Capital from the Public—Introduction
      Deciding to Go Public
      Preparing the Company for an IPO
   
      Chapter 13.  The Public Offering Process
      Stock Markets in the United States
      Forming the IPO Team
      The Process
      The Underwriting Agreement
      The Registration Statement
      Liability under U.S. Securities Laws
      Changes in the Registration Process
      Following the IPO
      Selling Shares That Are Exempt from Registration
      Foreign Companies Raising Capital
   
   
    Part V.  Mergers and Acquisitions, Bankruptcies, and Dissolution
      Chapter 14.  Mergers and Acquisitions (M&A)—Introduction
      The Scope of the Phenomenon
      Types of Corporate Restructuring
      Strategic Classification
      Why Do Mergers and Acquisitions Occur?
      Do Mergers and Acquisitions Create Value?
      Sales and Mergers Versus IPOs
      Case Study—The Sale of Chromatis to Lucent
   
      Chapter 15.  Conducting the M&A Transaction
      Mergers
      Sale and Acquisition of Assets
      M&A Strategy
      The Consideration in Mergers and Acquisitions
      The Process
      Tender Offers
   
      Chapter 16.  Additional Legal Aspects
      Legal Rules Governing Mergers and Acquisitions
      Merger or Acquisition Agreements
      Antitrust Issues
      Fairness Opinions
   
      Chapter 17.  Other Restructuring
      Other Types of Restructuring: Spin-offs, Split-offs, Carve-outs, and Letter Stocks
      Equity Carve-outs (Spin-out IPOs)
      Letter Stocks/Targeted Stocks
      The Rationale of Separate Listing of Units
   
      Chapter 18.  Bankruptcy and Dissolution of Companies
      Legal Rules Governing Bankruptcy and Dissolution in the United States
      Additional Issues Concerning Bankruptcy of Startup Companies
   
   
    Glossary
    Further Readings