Alex Laats and NBX Corporation
Publication date: 20 January 2017
Abstract
This case describes the evolution of an entrepreneur's venture-capital fund-raising from seed-stage financing through later-round efforts. The case focuses on where the “action” is in venture finance: the exploitation of social capital by an entrepreneur and investors. Much of the teaching materials on venture finance focus on the economics of financing; while these materials provide useful information about the mechanics of valuation and how to structure venture-capital agreements, they miss the social side of venture-capital investing. The case illustrates the theoretical concept that social capital (i.e., a person's relationship to other people in society) influences venture finance. The case can be used in a class on entrepreneurship or venture finance.
Keywords
Citation
Dunn, W.E. and Shane, S. (2017), "Alex Laats and NBX Corporation", . https://doi.org/10.1108/case.darden.2016.000015
Publisher
:University of Virginia Darden School Foundation
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