The document discusses key concepts for an entrepreneurial finance class, including:
- The effective capture and use of scarce resources under uncertain conditions is the key concept of entrepreneurial finance.
- Presentations to investors must clarify the deal in a way that lowers their risk assessment and is in a language they understand in order to obtain funding, no matter the source of capital.
- Current liquidity events can affect valuations on equity and debt regardless of formulas, and there are many potential sources of capital beyond what may initially be considered.