Venture Law & Finance - PART II

Due date: 20 March 2015

Email: tls.businesslaw@gmail.com

Legal Advice to Your Client (Memorandum 5-10 pages)

QUESTIONS?

How can we distinguish the 20 percent or so venture capital firms that Khosla cites that actually add value to

their portfolio companies from the wide majority of firms that continue to occupy the venture capital space?

Should Bruno accept corporate venture capital?

Would you recommend Bruno to “go public”, “pursue a trade sale” or “remain private” in the future?

Literature

Brian Park and Erik P.M. Vermeulen, We Know the Saviour… and It Is Them: The Future Face(s) of Venture Capital, http://ssrn.com/abstract=2564040

Joseph A. McCahery and Erik P.M. Vermeulen, Recasting Private Equity after the Financial Crisis: The End of “Two and Twenty” and the Emergence of

Co-Investment and Separate Account Arrangements, http://ssrn.com/abstract=2351816

Janke Dittmer, Joseph A. McCahery and Erik P.M. Vermeulen, The ‘New’ Venture Capital Cycle and the Role of Governments: The Emergence of

Collaborative Funding Models and Platforms, http://ssrn.com/abstract=2357771

Literature

Joseph A. McCahery and Erik P.M. Vermeulen, Venture Capital Beyond the Financial Crisis: How Corporate Venturing Boosts New Entrepreneurial

Clusters (and Assists Governments in Their Innovation Efforts), http://ssrn.com/abstract=1617585

Jose Miguel Mendoza and Erik P.M. Vermeulen, The 'New' Venture Capital Cycle (Part I): The Importance of Private Secondary Market Liquidity,

http://ssrn.com/abstract=1829835

Erik P.M. Vermeulen, New Metrics in Corporate Governance: Shifting Strategies of “Activist” Investors in an Ageing IPO Market.