Management and Organizational Studies 1023A/B Chapter Notes - Chapter 15: Venture Capital, Public Offering, Financial Statement

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 1023A/B
• Professor: Barry Hawn

Document Summary

The process by which many entrepreneurs raise seed money and obtain other resources necessary to start their business. The initial seed money usually comes from the entrepreneur or other founders still working full-time jobs. Other cash may come from personal savings, sale of personal assets, loans from family and friends, use of credit cards. Venture capitalists and banks are not normally willing to fund the business. One way to raise larger sums of cash or to facilitate exit of a venture capitalist. First-time stock issues are given a special name because the marketing and pricing of these issues are distinctly diferent from those of seasoned oferings. Seasoned public ofering: the sale of securities to the public by a irm that already has publicly traded securities outstanding. Public ofering means that securities being sold are registered with the. Securities and exchange commission and can be legally sold to the public at large.