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Studies
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The Institute
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HTE414b

World through the VC lens

Barcelona Campus
Jul 29, 2024 - Aug 02, 2024
This course will cover decision making and financial analysis from the lenses of VC investors and companies founders.
Barcelona Campus
Jul 29, 2024 - Aug 02, 2024
Vladimir Guber

Faculty

Vladimir Guber

Managing Director at ICBCS London

Course length

1 week

Duration

3 hours
per day

Total hours

15 hours

Credits

2 ECTS

Language

English

Course type

Offline

Fee for single course

€500

Fee for degree students

€250

Skills you’ll learn

Venture CapitalInnovationFundraisingEntrepreneurshipFinancial AnalysesTechnologyOperationsAsset ManagementPrivate Equity
OverviewCourse outlineCourse materialsPrerequisitesMethod & grading

Overview

The last twenty years have seen a significant acceleration in technological advancement. The increased scale of data processing allowed human DNA sequencing and training of LLMs. Macroeconomic cycles became shorter and more volatile due to the global connectivity of users and symmetrical immediate access to new data.

Technology-enabled start-ups have shortened the companies’ lifecycle from tens of years to months – from founding to IPO. Having access to global consumers and being supercharged by media, new ventures build scale at unprecedented speed.

Venture Capital (VC) stands behind the development and funding of some of the most successful trillion-dollar companies in the world, including Apple, Amazon, Google, Meta, Tesla and Nvidia. This course looks at the venture industry from multiple angles: entrepreneur/founder, investor/asset manager, and other stakeholders, including governments, employees, and society. We analyse key drivers that define the success and resilience of the businesses: team, product, market, processes, and financing.

We will use the VC lens to better understand the overall approach to investments and asset management. There are many valuable parallels across different asset classes – whether you are looking to buy your first apartment, invest in commercial real estate, buy an expensive piece of contemporary art, or launch a private equity fund focused on infrastructure. It is useful to develop an underwriting framework early in your career so you can improve it with time, enriching it with new learnings and personal experience. It is an integral part of innovation efforts in technology, healthcare, robotics, transportation and materials. From student entrepreneurship to IPOs, the industry has developed frameworks and models that can help to create, fund, develop and grow companies and ideas.

This course will cover decision making and financial analysis from the lenses of VC investors and companies founders.

We will cover some of the industry’s history and look at iconic companies that disrupted the world. We will discuss the current VC ecosystem and its most recent developments. We will use cases to develop a practical understanding of concepts and tools related to valuation, financial modelling and management of VC investments. The course will use recent investment cases in the technology and other sectors, and we will also look at VC Funds fundraising and structuring.

Learning highlights

  • Participants will be able to navigate the fundraising process for the VC company.
  • Students will get an understanding of Term Sheets, valuation metrics and tools available to Founders and Investors.
  • We will analyse which source of funds are appropriate for each stage and type of business and stage. Structuring of incentives and contracts will be discussed. Different exit strategies will be covered.
  • The objective is to understand the VC framework and key focus issues, to know where to look for the answers and to start developing your personal network.

Course outline

5 classes

Dive into the details of the course and get a sense of what each class will cover.
Monday
Tuesday
Wednesday
Thursday
Friday
Monday
1

Session 1

Importance of the VC as an asset class.

Ecosystem and key participants.

Founder vs GP vs LP.

Tuesday
2

Session 2

The 1-2-3 of the VC.

Value creation. Funding options.

Valuation. Exit.

Wednesday
3

Session 3

The Investor’s perspective.

Thursday
4

Session 4

The Founder’s perspective.

Term sheets. Portfolio Management.

Typical fund structure.

Friday
5

Session 5

The Deal

Prerequisites

NA

Methodology

Course will be taught as a combination of lectures and classroom discussions. We will use case studies to examine specific examples of start-ups and funds, to better understand the dynamics between market participants, their motivations, and objectives.

Grading

The final grade will be composed of the following criteria:
15% - The basis of attendance and active participation
65% - Daily case - exercises
20% - Final case
-
Vladimir Guber

Faculty

Vladimir Guber

Managing Director at ICBCS London

Vladimir Guber is a Managing Director in the London office of ICBC Standard Bank Ltd. He leads private credit origination and structuring. ICBCS helps clients to finance and grow their businesses, drive innovation and transform industries

Previously, Vladimir was Executive Director at Goldman Sachs, working in NY and London, where he successfully built and managed businesses across FICC. He started his career in 2007 at Merrill Lynch NY, in structured credit.

See full profile

Apply for this course

Snap up your chance to enroll before all spaces fill up.

World through the VC lens

by Vladimir Guber

Total hours

15 Hours

Dates

Jul 29 - Aug 02, 2024

Fee for single course

€500

Fee for degree students

€250

How to secure your spot

Complete the form below to kickstart your application

Schedule your Harbour.Space interview

If successful, get ready to join us on campus

FAQ

Will I receive a certificate after completion?

Yes. Upon completion of the course, you will receive a certificate signed by the director of the program your course belonged to.

Do I need a visa?

This depends on your case. Please check with the Spanish or Thai consulate in your country of residence about visa requirements. We will do our part to provide you with the necessary documents, such as the Certificate of Enrollment.

Can I get a discount?

Yes. The easiest way to enroll in a course at a discounted price is to register for multiple courses. Registering for multiple courses will reduce the cost per individual course. Please ask the Admissions Office for more information about the other kinds of discounts we offer and what you can do to receive one.