Sauder School of Business
 
 
Thomas F. Hellmann
 
B.I. Ghert Family Foundation Professor in Finance and Policy
Sauder School of Business
University of British Columbia
2053 Main Mall, Vancouver, BC, V6T 1Z2
Phone: 604-822-8476; Fax: 604-822-8477
E-mail: hellmann@sauder.ubc.ca

 
Director of the W. Maurice Young Entrepreneurship and Venture Capital Research Centre

Click here for a downloadable CV
  Thomas Hellmann
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Employment

  • 2008-Present: B.I. Ghert Family Foundation Professor in Finance and Policy Professor at the Sauder School of Business, University of British Columbia.
  • 2004-2008: Associate Professor (with tenure) at the Sauder School of Business, University of British Columbia.
  • 1994-2004: Assistant Professor of Strategic Management; Stanford Graduate School of Business.

Education

  • 1989-1994: Stanford University, Ph.D. in Economics. Advisers: J. Stiglitz and M. Aoki.
  • 1986-1989: London School of Economics, BA in Mathematical Economics and Econometrics.
  • Fluent in German, English and French

Visiting appointments

  • Fall 2011: Visiting professor at the Harvard Business School, taught entrepreneurship and entrepreneurial finance classes for MBAs and executives.
  • Spring 2011: Visiting scholar at the University of Auckland (New Zealand, 2011), and University of Melbourne (Australia, 2011).
  • February 2008 and December 2006: Visiting lecturer at the Indian School of Business in Hyderabad; taught venture capital courses.
  • Summer 2002: Visiting scholar at University of New South Wales (Sydney, Australia).
  • Academic year 2001/2002: Visiting professor at The Wharton School (University of Pennsylvania); taught MBA entrepreneurship courses.
  • Spring 2000: Visiting scholar at INSEAD (Fontainebleau, France, 2000).
  • Academic year 1998/1999: National Fellow at the Hoover Institution (Stanford University).
  • Summer internships at The World Bank (Washington D.C., 1992), Commerzbank (Frankfurt, Germany, 1991) and Luxemburger Wort (Luxemburg, 1989).

Professional responsibilities

  • Director of the W. Maurice Young Entrepreneurship and Venture Capital Research Centre (2007-present).
  • Founding Organizer of the NBER Entrepreneurship Research Boot Camp (2008-present).
  • Associate Editor of Journal of Financial Intermediation (2010-present).
  • Former Associate Editor of Management Science (2006-2009).
  • Former Co-editor of Journal of Economics and Management Strategy (2006-2009).
  • NBER Research Associate, Member of the Strategic Research Initiative, Regular member of the program committee for various conferences and scholarships (Kauffman, WFA, a.o.).

Grants and Honors

  • Canadian SSHRC Grant (2005-2008)
  • National Science Foundation, Economics Program Grant (with Manju Puri, NSF-95-26)
  • Faculty Fellowship in Entrepreneurship (1999-2000)
  • National Fellow, Hoover Institution (1998-1999)
  • Fletcher Jones Faculty Scholar (1997-1998)
  • Sloan Foundation scholarship (1993-1994)
  • Lynde and Harry Bradley Foundation scholarship (Fall 1992, CEPR)
  • M. Olin Foundation scholarship (Fall 1991, Winter 1992, CEPR)
  • MacTaggert Award and Sir Huw Wheldon Prize (1989, LSE)
 
NBER Entrepreneurship Research Boot Camp links:


Main Refereed Papers




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Papers submitted or close to submission

 

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Practice-oriented publications

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Invited academic publications (non-referred)

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Other publications

 

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Teaching Materials

Harvard Business School

  • Angels in British Columbia, Harvard Business School Case Study, 9-811-100, by Josh Lerner, Thomas Hellmann and Ilkin Ilyaszade, available at http://hbsp.harvard.edu/product/cases
  • Angels in British Columbia, Harvard Business School Teaching Note, 5-812-080, by Josh Lerner and Thomas Hellmann

Sauder School of Business

I was the project leader for the BCIC Case Study Library, and authored the following case studies:
  • High Stakes at Absolute Software, BCIC CSL 1, 2009
  • OncoGenex Technologies: Bringing Drugs to Market in a Tight Funding Environment, BCIC CSL 3, 2009
  • Westport Innovations Inc.: Tales of a University Spin-off, BCIC CSL 6, 2009.
  • Teaching Note for Westport Innovations Inc.: Tales of a University Spin-off, BCIC CSL 6
  • Inproheat Industries: Managing Innovation, BCIC CSL 7, 2009
  • Sitemasher Corporation, BCIC CSL 12, 2009

Technical notes (with accompanying spreadsheets)

Fast Ceviche is a fictional business plan of a Peruvian fast food restaurant business. It can be used to teach as an example of a reasonably well written business plan.

Fast Ceviche's financial projections is a set of financial projections that accompany the Fast Ceviche case.

Fast Ceviche's presentation slides is a set of slides that accompany the Fast Ceviche case.

Halfbucks is a fictional business plan of a start-up coffee retail business. It can be used to teach mostly what not to do in a business plan.

Halfbuck’s financial projections is a set of financial projections that accompany the Halfbucks case. Please note that these financial projections have many flaws, so that they are meant  to be used as an instructional tool on how NOT to perform financial projections. For a proper way of setting financial projections, see either the Entrepreneur’s Financial Projections Model, or the Fast Ceviche case.

I used to teach something called the Entrepreneurship Game. Here is a description of it.


Stanford Graduate School of Business

While at Stanford I wrote several case studies. Unfortunately I do not own the copyrights. If you are interested in copies, please go to  http://gobi.stanford.edu/cases/, or contact Harjeet Heer at Tel: (650) 724-3312, Email: heer_harjeet@gsb.stanford.edu. Since the Harvard Business School publishes some Stanford case studies, you may also contact HBS customer service directly at Tel: (800) 545-7685; Fax (617) 495-6985; or Email: custserv@cchbspub.harvard.edu.

  • eCircle AG, E-92, June 2001
  • A Note on Valuation of Venture Capital Deals, E-95, March 2001
    • The original accompanying valuation spreadsheet can be downloaded here
    • An updated accompanying valuation spreadsheet can be downloaded here
  • SpiffyTerm, Inc.: January 2000, SM-86, March 2001 55. Allied Equity Partners: March 1999, S-SM-61, March 2001
  • AllAdvantage: Fall of 2000, E-117, February 2001
  • Strategy in Entrepreneurial Ventures, Mimeo, Stanford, 2000
  • Jim Jorgensen: The Initial Days at Discovery Zone, S-SM-56, January 1999
  • Shanghai Tang: Global Strategy in an Entrepreneurial Company, S-SM-55, Jan 1999
  • SimVoice Corporation, S-SM-48, May 1998
  • WI Harper International: Bridge between Silicon Valley and Asia, S-SM-39, 1998
  • Genset, S-SM-38, December 1997
  • CambiaVision, S-SM-28, October 1996
  • Symantec Corporation: Acquiring Entrepreneurial Companies, S-SM-27, 1996
  • Teaching Note for “Symantec Corporation: Acquiring Entrepreneurial Companies”
  • Professional Staff: Taking a Venture Abroad, S-SM-23, November 1996
    • also published in Cases in International Entrepreneurship, eds. R. Hisrich, P. McDougall and B. Oviatt, IRWIN, Chicago, 1997
  • Apple Computer – Strategic Investment Group, S-SM-21, September 1995
  • Tender Loving Things, S-SM-19, April 1995