Aims and Fit of Module

The module deals with new ventures from inception of the idea to the gaining of the investment in the AI era. The module starts with an analysis of the background of new venture financing and the role of financing in venture growth, especially in the era of AI and differences between entrepreneurial and 'traditional' corporate finance. The second half of the module covers aspects of initial valuation and alternative ways to harvest equity investments in AI-related areas. The module looks at the Initial Public Offerings (IPO) process and financial performance of venture-backed- companies.

Learning outcomes

A Critically analyze the role of venture capital in venture growth in AI-related industries
B Identify and critically appraise business model and business plan
C Demonstrate comprehensive knowledge and understanding of various financial and ownership aspects of private equity and venture capital investments;
D Apply various valuation techniques in venture capital settings in the AI era
E Show a systematic understanding of how firms make initial public offerings and the cost of such offerings

Method of teaching and learning

The teaching sessions are interactive and divided into two components: lectures and seminars. The seminars will build on the materials covered in the lectures based on the training in the practical issues regarding venture finance.