Instructor Resource
Neck, Entrepreneurship, 1e
SAGE Publishing, 2018
Chapter Exercises and Projects
Chapter 13: Equity Financing for Entrepreneurs
Chapter Learning Objectives:
13.2 Illustrate the basics of enterprise valuation.
13.4 Explain the role of venture capitalists and how they finance entrepreneurs.
13.6 Explain the money vs. power trade-off and the funding life cycle.
Proposed Activities
Activity 1: Angel versus VC
(This can be done solo or as a team exercise; it can be used for online, face–to-face, or a
blended format)
Compare and contrast the angel versus VC. Identify businesses that have used each.
Learning Objectives:
13.3 Describe angel investors and how they finance entrepreneurs.
Activity 2: Understanding Investors
(This can be done solo or as a team exercise; it can be used for online, face–to-face, or a
blended format)
Instructor Resource
Neck, Entrepreneurship, 1e
SAGE Publishing, 2018
Watch an episode of Shark Tank and discuss what you learned about what investors are
Learning Objectives:
13.5 Describe how investors carry out due diligence processes.
Activity 3 Top 10 Angel Groups in the US 2014
(This can be done solo or as a team exercise; it can be used for online, face-to-face, or a
blended format)
Explore the websites of the Top 10 Angel Groups in the US
2014 (found in your text)–what types of business are financed?
Is there a process outlined? What did you learn?
Top 10 Angel Groups in the US 2014
Instructor Resource
Neck, Entrepreneurship, 1e
SAGE Publishing, 2018
Learning Objectives:
13.1 Define equity financing for entrepreneurs and outline its main stages.
13.3 Describe angel investors and how they finance entrepreneurs.
13.6 Explain the money vs. power trade-off and the funding life cycle.
Activity 4: Venture Capitalist
(This can be done solo or as a team exercise; it can be used for online, face-to-face, or a
blended format)
Describe the process you might take to locate and approach a potential local venture
capitalist to fund your business. Where would you look? What strategies would you
employ to approach potential venture capitalists? What information would they need to
make a decision? What questions would you be prepared to answer?
Learning Objectives:
13.1 Define equity financing for entrepreneurs and outline its main stages.
13.3 Describe angel investors and how they finance entrepreneurs.
13.4 Explain the role of venture capitalists and how they finance entrepreneurs.
13.6 Explain the money vs. power trade-off and the funding life cycle.