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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

Three principal aspects of venture capital (VC) are empirically explored: fundraising, investing, and exiting those investments. Despite the recent attention to

This useful guide walks venture capitalists through the principles of finance and the financial models that underlie venture capital decisions. It presents a ne

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