No one has ever explained how a venture capitalist plays an active role in creating world-changing companies. The venture capitalist often hires the senior management, helps develop the business model, introduces the company to its largest customers, and provides governance. It is a role akin to being an entrepreneur, not just an investor. This book tells stories of the good, the bad, and the ugly of creating companies, and explains how the VC industry created 80 percent of the American economy. The industry now faces severely damaging legislation. Venture capital is different from leverage buyouts and hedge funds and needs to be regulated in an entirely different way.
Product Details
ISBN-13: 9781646634354
Media Type: Hardcover
Publisher: Koehler Books
Publication Date: 05-01-2022
Pages: 376
Product Dimensions: 6.00(w) x 9.00(h) x 1.00(d)
About the Author
Charles Watson Newhall III is a third-generation venture capitalist who started New Enterprise Associates (NEA), now the largest early-stage venture capital in the world. As one of twenty people who have received the National Venture Capital Association's "Lifetime Achievement Award," he has given hundreds of lectures on venture capital, both in the US and Europe, and has appeared on TV many times. He previously published two nonfiction books: Fearful Odds and Brightside Gardens.