Prerequisites: None

Exam Type: No Exam

This course introduces students to the fundamentals of forming a venture capital fund. Among topics covered are (1) distinguishing characteristics of “venture capital” as an asset class; (2) the regulatory thicket to be navigated in forming a VC fund; (3) the contractual relationship between LPs and the GP; and (4) the typical economic and governance arrangements among VC firm insiders. Reading materials will consist mostly of contractual documents and practitioner articles. Grading will be based on memos on the assigned readings and one or two interactive assignments.

Note: This course will meet on the following dates: September 18, September 25, October 2, October 9, November 13, and November 20.

Please note: this is the same offering as the Fall 2019 course, Investing in VC Funds. If you completed the previous course, you will not be eligible to enroll in this.