JD/MBA Capstone 1: Initial Capital Raise (Pierce)
The JD/MBA capstone course is required for graduation. The course will consist of experiential, hands-on “boot camps” that track a company through several transactions: initial capital raise, exit/M&A, and restructuring. Through a series of two-day sessions (each with a preparatory class one week before and a review class one week after) working with industry leaders, advisors, and/or faculty, students will run aspects of each simulated transaction (e.g., capital raise, exit, restructuring) including strategy development, transaction document drafting, client/Board advising, and negotiating. Professor Sarah Pierce will be the lead faculty member for the course.
Students will earn 1.5 Law credits for each of the three sessions (including the mandatory pre- and post-simulation classes) they complete. A total of 3.0 credits (over the course of this final program year) is required to satisfy the program’s capstone requirement. Accordingly, students are required to participate in two sessions, although students may (but are not required to) participate in all three (for a total of 4.5 Law credits). The capstone course will no longer satisfy the Law School’s Senior Writing requirement, but it will count toward the Law School’s 6-credit Experiential Learning requirement. Therefore, if you have not already satisfied the Senior Writing requirement, you will need to make arrangements to do so outside of the capstone course.
The proposed dates and locations for each of the three capstone sessions are noted below. Students intending to participate in only the two Spring sessions and not the Fall session need not register for the capstone course for the Fall semester, but should advise Sarah Pierce and Claire Wallace of that intention when registering for Fall classes. Please note that while we intend to keep the dates for each session as indicated below, the dates are subject to change.
Capstone Session One, Initial Capital Raise: Preparatory Class November 8, 2019 (Law School, 2-3 hours); Two-Day Session November 15-16, 2019 (Philadelphia, PA, all day); Review Class November 22, 2019 (Law School, 2-3 hours)
Capstone Session Two, Exit/M&A: Preparatory Class January 24, 2020 (Law School, 2-3 hours); Two-Day Session January 31- February 1, 2020 (New York, NY or Philadelphia, PA, all day); Review Class February 7, 2020 (Law School, 2-3 hours)
Capstone Session Three, Restructuring: Preparatory Class March 27, 2020 (Law School, 2-3 hours); Two-Day Session April 3-4, 2020 (New York, NY or Philadelphia, PA, all day); Review Class April 10, 2020 (Law School, 2-3 hours)
"Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist " by Brad Feld, Jason Mendelson