Publications

April 1986 (Revised May 1996)
Background Note

Note on Option Pricing

Develops a simple option pricing model which provides an insight into the foundations of the Black and Scholes model. The Black and Scholes model is next introduced and its relationship to the simple option pricing model discussed. Last, the problem of pricing debt... View Details

Keywords: Price; Capital Markets

October 1990
Article

The Structure and Governance of Venture-Capital Organizations

By: William A. Sahlman

Keywords: Governance; Venture Capital; Organizations

28 Feb 2017
Working Paper Summaries

Patent Trolls and Small-Business Employment

Keywords: by Ian Appel, Joan Farre-Mensa, and Elena Simintzi

December 1985 (Revised August 1994)
Case

Metromedia Broadcasting Corp.

Describes the market for high-yield, or "junk," bonds and includes summaries of academic research on the risk/return characteristics of high-yield securities. Describes the role of Drexel Burnham Lambert in the primary and secondary markets for high-yield debt.... View Details

Keywords: Financial Instruments; Capital Markets; Media and Broadcasting Industry

May 2012
Case

Start-Up Chile: April 2012

By: Lynda M. Applegate, William R. Kerr, Josh Lerner, Dina D. Pomeranz, Gustavo A. Herrero and Cintra Scott

Start-Up Chile is a unique program to encourage entrepreneurs to bring their new ventures to Chile. Policymakers must evaluate its effectiveness in achieving economic and social goals. View Details

Keywords: Entrepreneurship; Venture Capital; Policy; Chile

October 2011 (Revised October 2013)
Case

A New Financial Policy at Swedish Match

By: Bo Becker and Michael Norris

Swedish Match is a profitable smokeless tobacco company with low debt compared to other firms in its industry. The firm's CFO now wants to revise the firm's conservative financial policy. View Details

Keywords: Capital Structure; Corporate Finance; Sweden

March 2001 (Revised March 2021)
Teaching Note

Heidi Roizen (TN)

By: Kathleen L. McGinn and Linda-Eling Lee

Teaching Note for (9-800-228). View Details

Keywords: Venture Capital; Entrepreneurship; Networks

2005
Chapter

Upside-down Venture Capitalists and the Transition Toward Pyramidal Firms

By: Noam Wasserman

Keywords: Venture Capital; Organizational Structure

May 1996
Case

Conglomerat National - European Container

By: Samuel L. Hayes III

Keywords: Capital Budgeting; Cost of Capital; Europe

2022
Presentation

Victor Ray presents at the 2022 Gender and Work Symposium

2022
Presentation

Pushkala Prasad presents at the 2022 Gender and Work Symposium

January 1998 (Revised December 2001)
Case

Fitzpatrick Hotel Group (A)

By: Paul A. Gompers and Catherine M. Conneely

Examines the issues raised in the financing of the Fitzpatrick Hotel Group, an Irish hotelier. The perspective of Paddy Fitzpatrick, founder and CEO at Fitzpatrick Group, and Niall Carroll, founder of ACT Venture Capital, are contrasted. View Details

Keywords: Financing and Loans; Venture Capital; Perspective; Accommodations Industry; Republic of Ireland

April 2001
Teaching Note

CBS MarketWatch TN

By: Jeffrey F. Rayport, Dickson Louie and William A. Sahlman

Teaching Note for (9-801-175). For book only - not listed on case. View Details

Keywords: Finance; Internet and the Web; Capital Markets

01 Sep 2008
News

Letters to the Editor

Doriot’s Impact on Europe The article about General Georges Doriot in the June issue is quite informative about his great accomplishments. Left without mention, however, was the first venture capital firm in Europe, called European... View Details

Keywords: Colleges, Universities, and Professional Schools; Educational Services; Government; News, Library, Internet, and Other Services; Information

28 May 2019
News

Alumni Achievement Awards 2019

“Our mission at Social Finance is to mobilize capital to drive social progress. We are pioneering new impact investing approaches, like the Social Impact Bond, to unite uncommon partners around common goals.” Step change: “In eight years,... View Details

April 2010
Background Note

Securities Trading: Front-, Middle- and Back Office

By: Francois Brochet and Rakeen Mabud

This note explains the basic structure of the trading floor in a typical financial institution and how the front, middle and back offices interact to ensure a functioning trading system. View Details

Keywords: Capital Markets; Financial Institutions; Financial Services Industry

2002
Dissertation

The Venture Capitalist as Entrepreneur: Characteristics and Dynamics within VC Firms

By: Noam Wasserman

Keywords: Venture Capital; Corporate Entrepreneurship

Article

When Bureaucrats Meet Entrepreneurs: The Design of Successful 'Public Venture Capital' Programs

By: Josh Lerner

Keywords: Entrepreneurship; Design; Venture Capital; Programs

January 2013
Case

Arthur Rock

By: Felda Hardymon, Tom Nicholas and Liz Kind

Arthur Rock was known as one of the country's first venture capitalists and was instrumental in launching major Silicon Valley firms, such as Fairchild Semiconductor, Intel Corporation, Apple Computer, Inc., Scientific Data Systems and Teledyne Incorporated. He was the... View Details

Keywords: Venture Capital; Success; Financial Services Industry; Technology Industry; California