Endorsements

virgolette Da Rin and Hellmann masterfully combine academic and case studies to analyze how entrepreneurs with ideas and financiers with capital can strike mutually advantageous deals that power society’s future innovations. The result is a lucid and comprehensive book that will be an invaluable resource for anyone with an interest in this topic.

Oliver Hart
Department of Economics, Harvard University
2016 Nobel laureate in economics

virgolette This book provides the foundational knowledge MBAs need to master entrepreneurial finance. The authors are leading academics, trained at Stanford, who taught and researched in many countries. They understand not only how Silicon Valley works, but also how venture financing is a global phenomenon.

Ilya A. Strebulaev
Professor of Finance
Stanford Graduate Schoolof Business

virgolette   This book will help students from different backgrounds understand how venture financing works. The authors masterfully combine insights from finance, economics, strategic management, organizational behavior, legal studies and other academic fields. They introduce many new practical tools and present materials in a direct and engaging style.

David Hsu
Professor of Management
Wharton Business School

virgolette This textbook achieves a wonderful balance in providing students with a broad and insightful introduction to entrepreneurial finance; but at the same time opens up many avenues for interested students to pursue the material more deeply. The authors draw from a wealth of intriguing examples to make the material come to life and their in-depth knowledge of the subject matter shines through at every turn. A great resource for any student of entrepreneurial finance as well as a lay audience that wants to understand this fast growing part of finance better.

Antoinette Schoar
Michael M. Koerner (1949) Professor of
Finance and Entrepreneurship
MIT Sloan School of Management

virgolette Da Rin and Hellmann have crafted a seminal contribution to the teaching of entrepreneurial finance. The issues addressed in their book are critical for any entrepreneur who is considering starting a company and raising capital. The material is applicable to any industry or country context making the book a “must read.” Furthermore, the lessons are rigorous yet practical and allow an entrepreneur to put the recommendations into action. The book will become a staple not only in the classroom, but on the shelf of every aspiring entrepreneur.

Paul Gompers
Professor of Business Administration
Harvard Business School

virgolette Having taught entrepreneurial finance for many years, one of the problems has been to find an appropriate textbook, which provides both practical skills and a grounding in modern research. I am happy to see that this problem has now been solved. Da Rin and Hellmann are two of the most well-known and accomplished researchers in this area. They have managed to write a comprehensible, accessible, and up-to-date textbook, which I predict will become the standard reference for courses in entrepreneurial finance and venture capital for years to come.

Per Strömberg
SSE Centennial Professor of Finance
Swedish House of Finance

virgolette The financing of start-ups has become a global phenomenon with ambitious start-ups being funded by venture investors across many countries, including China. This is the first book to provide a truly global perspective on entrepreneurial finance. Da Rin and Hellmann build their framework step-by-step from core academic concepts, making the material accessible and engaging to the students at all levels around the world.

Yingyi Qian
Distinguished Professor and Former Dean
Tsinghua University

virgolette   While getting to scale fastest in a global economy can take significant capital, money has always been just one part of venture financing. Using clear frameworks that show how venture financing really works, Da Rin and Hellmann point out how the networks of talent and expertise that investors can help entrepreneurs access are critical to a start-up’s success. This is especially true for big, ambitious, and even contrarian ventures. So if you’re an entrepreneur ready to pursue a truly bold idea, be sure to read this book.

Reid Hoffman
Co-founder of LinkedIn
and co-author of Blitzscaling

virgolette   The financing of start-ups is crucial for their very survival and development, yet it is often thought of as a narrow technical issue. It is not! Da Rin and Hellmann build a comprehensive framework that helps the reader understand the entire entrepreneurial financing process, and how entrepreneurs and investors navigate through it. I highly recommend this book to anyone who wants to understand the fuel that fires the modern innovation economy, and especially to those venturing into it.

Eugene Kandel
CEO of Start-Up Nation Central
Professor of Economics and Finance
Hebrew University of Jerusalem

Fondamentals of Enterpreneurial Finance is published by Oxford University Press and written by Marco Da Rin and Thomas Hellmann. Contents available on this site are the propriety of Marco Da Rin and Thomas Hellmann. Partial or full reproduction is not permitted. Copyright © 2020