MIT Logo Nuts and Bolts of New Ventures MIT Course 15.393
Nuts and Bolts of New Ventures - 2021
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Session 1 - Tuesday 1/12/2021
Session 2 - Thurs 1/14/2021
Session 3 - Tues 1/19/2021
Session 4 - Thurs 1/21/2021
Session 5 - Tues 1/26/2021
Session 6 - Thurs 1/28/2021
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Session 5:
Financing Sources Panel;
Financial Projections

Tuesday, January 26, 2021
6:00pm to 9:00pm Eastern Time, Room: Virtual - Zoom

Part 1: Financing Sources Panel

You have identified the product/service and the market. You have settled on a business model and have done your financial projections. How will you finance the plan?

This session will cover: Bootstrapping the early stages. Funding from the 3 F's- Friends, Family and Fools. Angels- who are they and what are they looking for? Private placements. Customer financing. Consulting- getting someone else to pay for the development, provide a beta site and endorse your idea. Venture capital. Bank financing.

You will learn about the institutional constraints and needs of various funding sources. As a result you will be in a better position to determine if, when and how to approach these sources for financing.

This part of the program will feature a panel of experts discussing different financing sources.

The Financing Panel for 2021 has not been chosen.   The Panel for 2020 was:

Panel Moderator:
Julianne Zimmerman
Experienced Technology Innovator and Investor
Read her bio here.
Video of Presentation:   
Presentation Slides:    Financing Overview

Readings:

Part 2: Financial Projections

Armed with an understanding of the market for your products how do you figure out what financial resources you will need to bring a product to that market? This portion of the program will introduce some financial projection techniques based on actual business experience.

Readings: Speaker:
Charlie Tillett
Sloan MBA; Former MIT 10K Participant; Serial Entrepreneur
Read Charlie's bio here.
Video of Presentation:   
Presentation Slides:    Financial Projections

 

 

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