TOOLS
Continuing the series about venture capitalism (VC) from last month, here are some sites providing insights into how VC happens and what VCs do.
CONTENTS:
- Venture Capital
- That Thing That Venture Capitalists Do
- The Bottom Line: Stock Options, Start-ups and Venture Capital
- Venture Capital Vocabulary
- Sacred Cow Dung
- Art Of The Start: What To Expect From A Venture Capitalist
- Venture Worthy
- Deloitte & NVCA 2005 Global Venture Capital Survey
- Compensation of venture capitalists with two principals
WetFeet gives a nice industry overview and a Major Players list by number of deals. There's also an industry job guide, so you can tell the players from the supporting cast.
http://www.wetfeet.com/Content/Industries/Venture%20Capital.aspx
THAT THING THAT VENTURE CAPITALISTS DO
Mitchell Berlin's article, "That Thing That Venture Capitalists Do," from the January/February 1998 issue of the Federal Reserve Bank of Philadelphia's Business Review, is still apropos. It explains the basics in a sort of "well-respected expert talking to the introductory-level college class" style. At the time the article first appeared, Berlin was a senior economist and research advisor in the research department of the bank.
http://www.phil.frb.org/files/br/brjf98mb.pdf
THE BOTTOM LINE: STOCK OPTIONS, START-UPS, AND VENTURE CAPITAL
Corante brings us an article by Arnold Kling, who compares venture capitalists to Piglet in the story of Winnie-the-Pooh and the Heffalump -- a comparison that, oddly enough, works on the economic level. The article goes on to explain why VCs want the companies in which they invest to use stock options to attract employees instead of cash compensation. That might explain all those Microsoft and Intel gazillionaires!
http://www.corante.com/bottomline/articles/20020516-788.shtml
Here are six key VC terms a researcher needs to understand.
http://www.mbda.gov/?section_id=1&bucket_id=152&content_id=2511&well=col_2
Christian Mayuad has developed this irreverently titled Web site for debunking business "mythocracies." The site's reprint of Gary Rivlin's May 2005 New York Times article, "So You Want to Be a Venture Capitalist," is helpful. It traces the misadventures of some major players who failed at being venture capitalists, proving that industry knowledge does not a good investor make.
http://www.sacredcowdung.com/archives/2005/05/so_you_want_to.html
Another article on this site, "Planning, Funding, Executing, and Exiting a New Venture" by Gerry Lemberg of Silver Fox Venture Partners, gives some solid VC rules.
http://www.sacredcowdung.com/archives/2006/03/planning_fundin.html
ART OF THE START: WHAT TO EXPECT FROM A VENTURE CAPITALIST
Guy Kawasaki, Forbes columnist and CEO of the venture capital bank Garage Technology Ventures, gives a good description of what a VC does and what companies can reasonably expect from a good VC.
http://www.forbes.com/columnists/2004/01/27/0127artofstartmidas04.html
I liked the simple explanation that differentiates a VC from an angel investor.
DELOITTE & NVCA 2005 GLOBAL VENTURE CAPITAL SURVEY
The survey was administered to VCs in the Americas, Europe, the Middle East and Asia Pacific in 2005. Findings reveal that the U.S. is exporting the venture capital concept and American VCs are expanding their global investments, with China and India as their top targets. For details, read the rest:
http://www.nvca.org/pdf/VC%20Survey%20PR%20FINAL%206-22-05.pdf
COMPENSATION OF VENTURE CAPITALISTS WITH TWO PRINCIPALS
Here's a very brief and to-the-point outline of how venture capitalists are compensated in Korea, from Sung Hyun Kim of Ewha Womans University. Hmmm. Sounds very similar to how it works in the U.S.!
http://ideas.repec.org/p/ecm/feam04/524.html
Chris Mildner
|
|
| RETURN Front Page |
| LAST MONTH Internet Prospector |
Internet Prospector is no longer updated
Did you find a broken link in our collection? We thought you would! Internet Prospector was the Web site of a monthly newsletter, not a collection of links being continually updated. So, when you find a broken link, enjoy the historical perspective of the site reviewed or use the information provided to find a similar site. There is no need to let us know about broken links.
Copyright © 1994-2008 Internet Prospector Inc.; all rights reserved.
This site contains links to Web sites not administered by Internet Prospector Inc.
Internet Prospector Inc. is not responsible or liable for the accuracy or the content of linked pages.
 |
HOME Internet Prospector Inc. |
The Internet Prospector was founded December 1994 and organized
as a nonprofit corporation under the laws of Wyoming in December 1996.