An analysis of the venture capital process, from fund-raising through investing to exiting investments; a new edition with major revisions and six new chapters

“An incisive history of the venture-capital industry.” —New Yorker “An excellent and original economic history of venture capital.” —Tyler Cowen, Ma

Explanations to the inner workings of one of the least understood, but arguably most important, areas of business finance is offered to readers in this engaging

Experts in public economics and financial economics discuss the special role of venture capital and if public policy should promote the venture capital industry

Showing how to develop and build a successful new venture pitch, this text deals with everything from the structure of venture capital firms and its influence o