Description: The new edition of the definitive guide for venture capital practitioners―covers the entire process of venture firm formation & management, fund-raising, portfolio construction, value creation, and exit strategiesSince its initial publication, The Business of Venture Capital has been hailed as the definitive, most comprehensive book on the subject. Now in its third edition, this market-leading text explains the multiple facets of the business of venture capital, from raising venture funds, to structuring investments, to generating consistent returns, to evaluating exit strategies. Author and VC Mahendra Ramsinghani who has invested in startups and venture funds for over a decade, offers best practices from experts on the front lines of this business.This fully-updated edition includes fresh perspectives on the Softbank effect, career paths for young professionals, case studies and cultural disasters, investment models, epic failures, and more. Readers are guided through each stage of the VC process, supported by a companion website containing tools such as the LP-GP Fund Due Diligence Checklist, the Investment Due Diligence Checklist, an Investment Summary format, and links to white papers and other industry guidelines. Designed for experienced practitioners, angels, devils, and novices alike, this valuable resource:Identifies the key attributes of a VC professional and the arc of an investor’s careerCovers the art of raising a venture fund, identifying anchor investors, fund due diligence, negotiating fund investment terms with limited partners, and moreExamines the distinct aspects of portfolio construction and value creationBalances technical analyses and real-world insightsFeatures interviews, personal stories, anecdotes, and wisdom from leading venture capitalistsThe Business of Venture Capital, Third Edition is a must-read book for anyone seeking to raise a venture fund or pursue a career in venture capital, as well as practicing venture capitalists, angel investors or devils alike, limited partners, attorneys, start-up entrepreneurs, and MBA students. Editorial ReviewsFrom the Inside FlapThe Business of Venture Capital, already in its Third Edition, is a remarkably forward-thinking guide to VC. Naturally, it's important to understand the basics of how venture capital works, and there the book certainly doesn't disappoint. Simply imitating the investment practices from those who came before us isn't enough, though especially in today's hypercompetitive investing arena. We need to go beyond.This book will help you build a foundation of knowledge about VC investing, and then it will help you shift that perspective. The "business as usual" approach might bring success, but for real success the kind that really means something, even after all the checks have been signed we need to put our hearts and souls into serving the founders on the VC journey. Working within a structured approach to raising a fund, sourcing investments, and working toward (and attaining!) exits, we can help founders realize their dreams, innovate, and build a better future, one company at a time. Its commitment to such an intricate approach is what makes The Business of Venture Capital the first-choice VC manual for capitalists, limited partners, entrepreneurs, and students.The Third Edition includes updated case studies, the most relevant investment models, and refreshed content throughout. Venture capital is not for the faint of heart this book provides a roadmap for getting into the business while managing risk and overcoming biases. Navigating the challenges of a VC career and knowing how to build that career, as well as how to get out when the time comes, is key. Prospective VCs must also understand portfolio strategy, due diligence, boardroom intricacies, and how to structure transactions and exits. It's a lot to know, and this book makes it manageable. There's no substitute for getting out there and learning by investing but The Business of Venture Capital will help investors hit the ground running.From the Back CoverPRAISE FOR THE BUSINESS OF VENTURE CAPITAL"In the First Edition of this book, Mahendra covered Arboretum's Fund I journey. A decade later, we are now on Arboretum Fund V. The Business of Venture Capital continues to inspire, inform, and shape the journey of future fund managers."Jan Garfinkle, Founder and Managing Partner, Arboretum Ventures; Board Chair, National Venture Capital Association (2019-2020)"Mahendra has written the book I needed when I first entered the venture business. Rather than blindly stumbling my way to understanding the basics, I would have saved so much time. This book is like getting a five-year head start for anyone who wants to get up to speed about how it really works."Mike Maples, Jr., Founding Partner, Floodgate"A solid foundation of investment frameworks and mental models for any venture investor, a useful guide in our rapidly changing world."Beezer Clarkson, Managing Director, Sapphire Partners"An essential guide for any investor one of the few books that weaves real-life case studies with leading academic research."T.K. Kurien, Managing Partner and Chief Investment Officer, Premji Invest"A definitive guide to a nuanced, complex business which has no formulas The Business of Venture Capital peels back the curtains to reveal an insider's look into the high-stakes world of high-tech VC."Peter Hebert, Co-founder and Managing Partner, Lux Capital, a VC firm with $2.4 billion under management"A decade later, the Third Edition of this book continues to build upon the VC industry, its best practices, worst biases, swift changes, and all the excitement that goes with it."Brad Feld, Co-founder, Foundry Group and Techstars; Co-author, Venture Deals"T.S. Eliot suggested that exploration would lead us back to where we started, allowing us to know the place for the first time. Mahendra's book was like that for me, shedding fresh light on areas I'd explored during two decades in VC while also expertly illuminating emerging trends."Chris "SuperLP" Duovos, Founder and Managing Director, Ahoy Capital"Another masterpiece digging into the art of venture funds, portfolio construction, and deal mechanics! Loved it and a must-read."Harry Stebbings, Founder, Stride.VC and The Twenty Minute VC PodcastRead moreProduct detailsPublisher : Wiley; Third edition (February 3, 2021)Language : EnglishHardcover : 544 pagesISBN-10 : 1119639689ISBN-13 : 978-1119639688Item Weight : 1.65 poundsDimensions : 6.4 x 1.9 x 9.2 inches
Price: 55.99 USD
Location: Moses Lake, Washington
End Time: 2025-01-11T04:43:45.000Z
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All returns accepted: ReturnsNotAccepted
Edition: 3
Book Title: Business of Venture Capital : The Art of Raising a Fund, Structuring Investments, Portfolio Management, and Exits
Number of Pages: 544 Pages
Language: English
Publisher: Wiley & Sons, Incorporated, John
Publication Year: 2021
Topic: Corporate Finance / Venture Capital, Finance / General, Investments & Securities / General
Item Height: 1.8 in
Genre: Business & Economics
Item Weight: 28.9 Oz
Item Length: 8.8 in
Author: Mahendra Ramsinghani
Book Series: Wiley Finance Ser.
Item Width: 2.4 in
Format: Hardcover