TY - JOUR AB - 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. VL - IS - SN - 2474-7890 DO - 10.1108/case.darden.2016.000015 UR - https://doi.org/10.1108/case.darden.2016.000015 AU - Dunn Wendell E. AU - Shane Scott PY - 2017 Y1 - 2017/01/01 TI - Alex Laats and NBX Corporation T2 - Darden Business Publishing Cases PB - University of Virginia Darden School Foundation SP - 1 EP - 26 Y2 - 2024/04/25 ER -