Private Equity And Venture Capital With A Witch

Comprehensive Overview

Last updated 2022-01-10 | 4.2

- Comprehensive overview of the Private Equity and Venture Capital industries
- Key investment concepts and structuring terms of private equity funds
- Financing of a company during its life cycle and Term sheet offered by investors

What you'll learn

Comprehensive overview of the Private Equity and Venture Capital industries
Key investment concepts and structuring terms of private equity funds
Financing of a company during its life cycle and Term sheet offered by investors
Structures of PE and VC investment vehicles around the world and Government-sponsored tax incentives
Understanding of the effect of leverage on risk-adjusted returns
Valuation concepts: art or science?
Definition and role of EBIT and EBITDA in valuing Enterprise Value and Equity Value
Valuation methods: DCF (Discounted Cash Flows) and the Venture Capital Method. Overview of other valuation methods

* Requirements

* No prior knowledge is needed

Description

This course aims at demystifying the Private Equity and Venture Capital industry for a wide audience.

I have the pleasure to share my industry expertise with you today: over a decade of selecting the best managers in private equity and venture capital as well as successful entrepreneurs, who represent the other side of the story.

Who this course is for:

  • Anyone who wants to understand financial news, where startups, IPOs and LBOs are omnipresent
  • MBA and BBA students / CFA and CAIA candidates
  • Prospective investment banking analysts who want to learn more about the industry
  • Professionals who wants to pursue a career in the Private Equity and Venture Capital industry
  • Entrepreneurs and CxO-level executives who might need one day such industry knowledge
  • Investors who want to perfect their understanding of such asset class
  • Anyone who is excited about startups and early stage ventures

Course content

5 sections • 42 lectures

Contents / Audience / Instructor Preview 06:02

Test your knowledge before the course!

This is a short and fun quiz to test how much you know about Private Equity and Venture Capital prior to taking the course. I hope that you will enjoy it!

Definition of Private Equity - Part 1: Core Concepts Preview 07:22

Definition of Private Equity - Part 2: Investment Process Preview 08:39

Supply and Demand for Private Equity - Part 1: Key Characteristics Preview 07:49

Supply and Demand for Private Equity - Part 2: Investors, Equity, Alternatives Preview 10:22

Financing of a Company during its Life Cycle - Part 1: The J-Curve Preview 07:08

Financing of a Company during its Life Cycle - Part 2: Funding Rounds Preview 07:06

Financing of a Company during its Life Cycle: Mezzanine, Replacement and Vulture Preview 06:02

Term Sheet Preview 13:43

Can also be downloaded from:

https://www.bvca.co.uk/Policy/Tax-Legal-and-Regulatory/Industry-guidance-standardised-documents/Model-documents-for-early-stage-investments

and from:

https://cemi.com.au/sites/all/publications/BVCA%20Guide%20to%20Terms%20Sheets.pdf


Macro Trends of the Private Equity and Venture Capital Market Preview 05:14

Can also be downloaded from:

https://www.investeurope.eu/research/data-and-insight/

https://www.icaew.com/technical/corporate-finance/financing-change/private-equity-demystified-an-explanatory-guide-160216

and from Preqin

Quiz on key takeaways from Section 2

This quiz will walk you through some of the key concepts that we have seen in this section. It is a good opportunity to review some of the key takeaways that we have seen together.

Two Investment Formats: the European vs. the Anglo-Saxon Preview 06:23

The European Investment Format Preview 08:29

The Anglo-Saxon Format Preview 07:01

How are Private Equity Fund Managers Rewarded? Preview 14:00

Typical Terms of a Limited Partnership Agreement (LPA) by the BVCA can be downloaded from:

https://www.bvca.co.uk/Policy/Tax-Legal-and-Regulatory/Industry-guidance-standardised-documents/Other/Limited-Partner-agreement

and Model LPA from the Institutional Limited Partners Association (ILPA) can be downloaded from:

https://ilpa.org/model-lpa/

Taxation and New Solutions - Part 1: General Considerations on Taxation Preview 05:26

Taxation and New Solutions - Part 2: Taxation of various Stakeholders Preview 10:30

Taxation and New Solutions - Part 3: Overview of Private and Public Solutions Preview 02:22

Taxation and New Solutions - Part 4: VC Schemes in the UK (SEIS, EIS, VCT, SITR) Preview 08:55

Taxation and New Solutions - Part 5: Market Size of the VC Schemes in the UK Preview 09:12

Taxation and New Solutions - Part 6: British Business Bank - ECF Programme (1/2) Preview 06:38

Taxation and New Solutions - Part 7: British Business Bank - ECF Programme (2/2) Preview 09:52

Taxation and New Solutions - Part 8: SBIC in the U.S. Preview 03:19

Taxation and New Solutions - Part 9: Crowdfunding (Reward-based) Preview 06:26

Taxation and New Solutions - Part 10: Crowdinvesting Preview 03:20

Taxation and New Solutions - Part 11: Crowdlending Preview 03:40

Taxation and New Solutions - Part 12: Marketplace Lending Preview 07:10

Structuring of a Private Equity Fund: Detailed Terms Preview 09:38

Quiz on key takeaways from Section 3

This quiz will walk you through some of the key concepts that we have seen in this section. It is a good opportunity to review some of the key takeaways that we have seen together.

The Effect of Leverage Preview 05:41

General Valuation Considerations - Part 1: Which Methods to Value a Company? Preview 07:43

General Valuation Considerations - Part 2: Enterprise Value and Equity Value Preview 02:30

General Valuation Considerations - Part 3: EBIT and EBITDA Preview 10:53

The Discounted Cash Flows (DCF) Valuation Model - Part 1: Overview Preview 07:30

The Discounted Cash Flows (DCF) Valuation Model - Part 2: Financial Modeling Preview 09:38

Applying Company Valuation to VC Settings - Part 1: the VC Method - Overview Preview 06:44

Applying Company Valuation to VC Settings - Part 2: the VC Method - the Model Preview 05:19

Applying Company Valuation to VC Settings - Part 3: the VC Method - Examples Preview 06:28

Other Valuation Methods Preview 02:17

Quiz on key takeaways from Section 4

This quiz will walk you through some of the key concepts that we have seen in this section. It is a good opportunity to review some of the key takeaways that we have seen together.