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The Little Book of Venture Capital Investing : Empowering Economic Growth and Investment Portfolios.
Title:
The Little Book of Venture Capital Investing : Empowering Economic Growth and Investment Portfolios.
Author:
Gerken, Louis.
ISBN:
9781118552018
Personal Author:
Edition:
1st ed.
Physical Description:
1 online resource (290 pages)
Series:
Little Books. Big Profits Ser. ; v.57

Little Books. Big Profits Ser.
Contents:
The Little Book of Venture Capital Investing: Empowering Economic Growth and Investment Portfolios -- Copyright -- Contents -- Acknowledgments -- An Introduction to Venture Capital Investing -- Who Are the 99% and Why Are They So Angry? -- What Is Venture Capital Investing? -- An Overview of the Venture Capital Industry -- Not Your Grandfather's Venture Capital -- What This Little Book Is and What It Isn't -- Chapter One: An Historic Overview of Venture Capitalism -- In the Beginning -- The Roots of Venture Capital -- The First VCs -- Shockley Chooses Silicon -- The Traitorous Eight -- Why Was the Venture Capital Method of Investing Chosen? -- Past Is Prologue -- Chapter Two: The VC Industry Today -- Adventures in VC Investing -- How It All Began -- The MoneyTree Report -- Geographical Definitions -- Industry Classifications -- Sector Definitions -- Cooking the Soup -- Outstanding Venture Capital Firms -- If It Was Easy . . . -- Chapter Three: The Value Proposition -- The Multiplier Effect of Venture Capital -- Water, Water Everywhere -- Economy and Jobs Impact -- More Economic Benefits -- Start-Up Business Benefits -- Social Benefit of New Technology and Innovation -- Medical Innovations -- Casual Games -- 3D Printing -- Orbital in Orbit -- Social Media -- Cyborgs -- Future of the Car -- The Cashless Society -- Robodiptera -- Financial Benefits to Investors -- The Power of VC's Multiplier Effect -- Sowing the Seed -- Chapter Four: Prevailing Investment Climate -- View of Prevailing Investment Climate -- The Size of Government Debt -- The Deficit -- Simpson-Bowles -- Discretionary Caps -- Federal Health Spending -- Additional Spending Cuts -- Tax Reform -- Accountability -- Give Us Only What We Need -- Changing with the Times -- How Investment Climate Affects Start-Ups and Job Creation.

Why Is Entrepreneurship Still Declining in the United States? -- Policies for a Vibrant VC Sector -- Tax Policy for Long-Term Investments -- A Vibrant Capital Markets System -- Research Funding for America's Innovation Economy -- Immigration and Workforce Recruiting -- Health Care and Medical Innovation -- Energy and Clean Technology -- Cyber Security and Intellectual Property Protection -- Summary -- Chapter Five: Field Guide for VC Investing Options-Nonlisted -- Alternative Investments and Venture Capital -- Traditional Stages of Venture Capital Financing -- The Seed Stage -- Risks/Benefits -- The Start-Up Stage -- Risks/Benefits -- Expansion Stage-Second Round Financing -- Risks/Benefits -- Expansion Stage-Third Round Financing -- Risks/Benefits -- The Bridge/Pre-Public Stage -- Risks/Benefits -- Traditional VC Funds Active in 2012 -- Accel Partners -- Andreessen Horowitz -- Benchmark Capital Management -- Crosslink Capital -- Draper Fisher Jurvetson -- Khosla Ventures -- First Round Capital -- Versant Ventures -- The Common Denominator -- Alternatives to Traditional Venture Capital Funds -- Sweat Equity -- Angel Investment Opportunities -- Crowdfunding -- Stock and Warrant Off-Balance Sheet Research and Development (SWORD) -- Secondary Investing -- Vulture Capital or Activist Funds -- Government-Sponsored VC -- Fund of Funds -- Company Stock Options -- Chapter Six: Investment Options-Listed -- Private Equity Exchanges -- PIPEs-Private Investments in Public Equities -- Corporate Venture Capital (CVC) -- Listed Spin-Offs -- Listed Venture Capital Funds -- Tradable Venture Capital Mutual Funds -- Listed PE Funds or BDCs -- Chapter Seven: Investment Process-Sourcing and Screening -- Sourcing and Deal Flow -- Private Placement Memorandum (PPM) -- Relationships Really Do Matter -- The GP's Network -- What a VC Wants -- Searching High and Low.

It Starts at "Hello . . ." -- Chapter Eight: Investment Process- Due Diligence and Selection -- LP Due Diligence of the VC -- Dimensions of a Great GP -- The Truth and Nothing but the Truth -- Getting to the First Close -- The Limited Partnership Agreement (LPA) -- Subscription Agreement -- Best Intentions -- What Do You Have under the Hood? -- Business Plan or Business Model? -- The Stark Reality of the Post-2008 Landscape -- What's It Worth? -- A Seat at the Table -- The Paperwork -- Final Word -- Chapter Nine: Investment Process-Portfolio Construction, Monitoring, and Monetizing -- Some Important Words on Portfolio Construction -- Monitoring -- Duties of a Board of Directors -- Communication -- Processes, Systems, Roles, and Responsibilities -- Course Adjustments -- Cut Losses Early -- Methods of Monetization -- Mergers and Acquisitions -- Initial Public Offering (IPO) -- Secondary Sales -- Recapitalization -- Winding Up -- Conclusion: Is VC Still Alive? -- Appendix: Resources -- VC Glossary of Terms -- Due Diligence Questionnaire -- Model Legal Documents -- Notes -- About the Authors.
Abstract:
A little book full of enormous value for novices and seasoned venture capitalists alike After having been thrown for a loop by the bursting of the tech bubble more than a decade ago, the venture capital industry suddenly has come roaring back to life over the past two years. In 2011 alone, more than 7.5 billion in venture capital was invested-representing more than a 19% increase over the previous year-in more than 966 companies. A majority of these companies reside in the life sciences, Internet, and alternative energy sectors. In today's weak job market, VC is more important than ever, since financing new tech, alternative energy, media, and other small to mid-sized companies is vital to creating new jobs. Written by Lou Gerken, a noted international authority on venture capital and alternative investments, this book tells you everything you need to know about the venture capital industry's important role in enhancing economic growth and employment. It is also the perfect go to primer on making venture capital investments to enhance portfolio returns. Highly accessible explanations of the ins and outs of venture capital for would-be investors and experienced VCs Highlights the historical VC track record, and offers expert advice and guidance on venture capital exposure, investment options, sourcing opportunities and due diligence Provides proven strategies for successful investment selection, timing, monitoring, and exiting for optimum returns Features endorsements from luminaries of the VC world, including Kleiner Perkins Caufield & Byers co-founder Frank Caulfield, and Dr. Art Laffer, among others.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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