In Venture Capital Investors and Portfolio Firms venture capital firms are considered as investors in young growth-oriented companies. The authors focus on the later phases of the venture capital (VC) investment process. They therefore emphasize monitoring, value adding, and exiting activities. They also include a review of the literature on the outcome of venture capital investment activities. Research findings are drawn principally from refereed journal papers in entrepreneurship, finance, and management. The monograph is divided into six principal areas: 1.What venture capital firms do. 2.The impact of VCs on portfolio firms and other stakeholders. 3.The role of syndication. 4.The nature and timing of exit from VC investments. 5.The role of VCs in portfolio companies that undergo an initial public offering (IPO). 6.The returns from investing in VC. Venture Capital Investors and Portfolio Firms concludes with a detailed agenda for further research. To aid the reader who wishes to pursue particular papers in more detail, the authors provide a summary of the main papers in this literature in a set of tables where they identify the authors, publication date, the journal, the main research question, the theoretical perspective, data, and the principal findings.
This book explains the often-complex methods venture capitalists use to value companies and to get the most return on their investments, or ROI. This book is a must-have for any reader interested in the business world.
PRAISE FOR THE BUSINESS OF VENTURE CAPITAL "In the First Edition of this book, Mahendra covered Arboretum's Fund I journey.
While this is certainly good news for those industry sectors, the implications of this new wave of venture capital extends far out into the general economy.
On the other hand, this text has also an explorative component where it is analysed if and to what degree findings of the existing studies also hold for the German VC market.
“Firm and Group Influences on Venture Capital Firms' Involvement in New Ventures.” Journal of Management Studies 45 (7), 1169–1194. De Miguel, A., and J. Pindado. 2001. “Determinants of Capital Structure: New Evidence from Spanish Panel ...
This book examines the fundamentals that drive the VC industry, explains how these fundamentals translate into investments, and culminates in a blow-by-blow account of how venture capital deals are negotiated and structured by examining a ...
Hortense Tarrade analyses over 200,000 venture capital (VC) investments over the past 20 years to understand the investors' motivation to select national or foreign companies into their portfolio.
The book provides readers with a clear and complete understanding of the due diligence process and formalizes the process for the VC community. The book is structured around key criteria presented in the form of questions.
First published in 1990, this is the first text to offer a goegraphicand regional study of venture capitalism.
We went down to the American Express office to meet with the chairman and CEO, Jim Robinson, whom I already knew. We made our pitch, and Robinson agreed to raise the money. I thanked Dr. Kissinger, of course. As the solicitation for the ...