Cynthia Jurytko: Catalogue data in Autumn Semester 2023

NameMs Cynthia Jurytko
ETH Zürich, CAB E73.1
Universitätsstrasse 6
8092 Zürich
DepartmentComputer Science

263-5053-00LTechnology Investing Information Restricted registration - show details 2 credits3SA. Ilic, C. Jurytko
AbstractVenture Capital is important to fund big transformational ideas and is often misunderstood by tech or research entrepreneurs. This lecture immerses participants in the role of a Venture Capitalist (VC) to learn from experienced entrepreneurs and investors. In small teams, you work on a case of a real start-up and defend the case in a simulated investment committee consisting of experienced VCs.
ObjectiveAfter attending this course, students will be able to:
- Explain the differences between VC and founder thinking
- Evaluate if a start-up is suited for venture capital (“VC readiness”)
- Evaluate founder friendliness of term sheets
- Determine funding needs & strategy for a start-up from research to first round
- Write and evaluate an investment memo
ContentThe course is practically oriented and features guest speakers from leading venture capital firms and start-ups. The course embraces a unique perspective combining technology and investor thinking. The seminar is structured around five days with the following themes.

The detailed program is listed here:

The macro picture. Why does venture capital exist? What are major tech break-through areas and their disruptive potential? We also review the differences in the US and European perspective as well as developments towards more impact and diversity conscious funds.

A peek into the mind of a VC. How to build a successful VC? Learn what key factors & processes required to build a successful venture capital company. This includes strategic decisions for investment thesis, structure of a fund, portfolio economics, valuation & ownership targets, cap table. In addition, we introduce the fundamentals of the investment process (including due diligence, term sheets, and deal memo) as well as portfolio management.

The founder’s perspective. Why should you raise venture capital and how? Learn to evaluate the founder friendliness of terms, company approach, strategic decisions, negotiation and valuation.

Fundraising types. Learn about different types of funding and their implications. This includes an overview of the Swiss ecosystem and a discussion of the different types (grants, equity, loans, SAFE, crowd, …). We also include a practical session on crypto technology for modern fund-raising using launchpads and tokenized shares.

Tying it all together. The last day is focused on simulating an investment committee meeting where the groups present their deal memos and discuss with the audience.
Subject-specific CompetenciesConcepts and Theoriesfostered
Techniques and Technologiesfostered
Method-specific CompetenciesAnalytical Competenciesassessed
Media and Digital Technologiesfostered
Project Managementfostered
Social CompetenciesCommunicationassessed
Cooperation and Teamworkassessed
Customer Orientationassessed
Leadership and Responsibilityfostered
Self-presentation and Social Influence fostered
Sensitivity to Diversityfostered
Personal CompetenciesAdaptability and Flexibilityassessed
Creative Thinkingassessed
Critical Thinkingassessed
Integrity and Work Ethicsassessed
Self-awareness and Self-reflection fostered
Self-direction and Self-management assessed