A unique insight into the interaction between the state, financiers and entrepreneurs in the modern innovation economy. The innovation economy begins with discovery and culminates in speculation. Over some 250 years, economic growth has been driven by successive processes of tr…
Who needs investors? More than two generations ago, the venture capital community - VCs, business angels, incubators and others - convinced the entrepreneurial world that writing business plans and raising venture capital constituted the twin centerpieces of entrepreneurial ende…
Outlines the essential elements of the venture capital term sheet, from terms related to economics to terms related to control, examines the nuts and bolts of the term sheet, introduces the reader to the various participants in the process, and discusses how fundraising works.
During the past few decades, private equity (PE) has attracted considerable attention from investors, practitioners, and academicians. In fact, a substantial literature on PE has emerged. PE offers benefits for institutional and private wealth management clients including divers…
The term private equity typically includes investments in venture capital or growth investment, as well as late stage, mezzanine, turnaround (distressed) and buyout investments. It typically refers to the asset class of equity securities in companies that are not publicly traded…
The conditions for successful manufacturing have changed considerably in recent years. New technologies such as information technology and biotechnology are considered important players in eradicating poverty in developing countries, but the risky nature of projects based on new…
