William R. Kerr
MBA Class of 1975 Professor of Entrepreneurial Management
William Kerr is a Professor at Harvard Business School. Bill is the faculty chair of the Launching New Ventures program for executive education, and he has received Harvard's Distinction in Teaching award.
Bill focuses on how companies and economies explore new opportunities and generate growth. He considers the leadership and resources necessary to identify, launch and sustain dynamic and enduring organizations, and his recent work on Launching Global Ventures especially emphasized global opportunities. Bill is a recipient of the Ewing Marion Kauffman Prize Medal for Distinguished Research in Entrepreneurship.
Bill works with companies worldwide on the development of new ventures and transformations for profitable growth. He also advises governments about investments in the innovative capacities of their nations.
Bill and his family live in Lexington, MA. They enjoy outdoor sports and trail running, are active members of their local church, and maintain close ties to his wife's home country of Finland. Bill grew up in Alabama and remains a passionate college football fan.
Entrepreneurship Reading: Launching Global Ventures
Globalization has forever changed the business landscape. High-impact entrepreneurship is worldwide, and many start-up ventures and large company initiatives launch today with a presence in multiple countries from day one. This Reading describes the business models that global ventures pursue and differences in the extent to which these companies harness globalization directly into their core operations. Examples include Airbnb, Entrepreneurial Finance Lab, oDesk-Elance, Rocket Internet, and many more. The second half of the reading considers the managerial challenges that these venture face and best practices for leaders, as these ventures often look great on paper but struggle in execution.
Entrepreneurship Reading: Financing Entrepreneurial Ventures
Financing strategy is critical for high growth ventures. This reading introduces students to the key issues involved in the financing of entrepreneurial enterprises. It describes the intimate connection between business models and the financing needs of ventures, provides an overview of the entrepreneurial finance landscape and the traits of various financiers, and identifies critical issues faced by entrepreneurs in their financing choices, such as whether VC investment aligns with their personal motivations. The web-linked tool contains six Interactive Tools: Calculating a Cumulative Cash Flow Curve, Asset Intensity Ratio, Building a Cap Table, How Investor Expectations and Target Returns Drive Company Ownership, Payouts from Simple Equity and Convertible Investments, and Seed Note Ownership and Value.
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