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| | Venture capital - Wikipedia, the free encyclopedia |
 | | A venture capital fund is a pooled investment vehicle (often a partnership) that primarily invests the financial capital of third-party investors in enterprises that are too risky for the standard capital markets or bank loans. | | | Most venture capital funds have a fixed life of ten years—this model was pioneered by some of the most successful funds in Silicon Valley through the 1980s to invest in technological trends broadly but only during their period of ascendance, to cut exposure to management and marketing risks of any individual firm or its product. | | | Investments by a venture capital fund can take the form of either equity participation or a combination of equity participation (typically with preferred stock) and debt obligation—often with convertible debt instruments that become equity if a certain level of risk is exceeded. |
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http://en.wikipedia.org/wiki/Venture_capitalist
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| | siliconindia |
| | Venture capitalists invest money in start-up companies to help fund the development of new products or services In return, they receive a stake in each company they help finance. | | | Venture capitalists don’t invest in business plans or concepts, they invest in teams with visions and skills to make those visions a reality,” she explains. | | | Venture capital–backed investments soared to a record-breaking level of $7.67 billion in the second quarter of 1999, an increase of 104 percent over Q2 of 1998 and 78 percent higher than Q1 of 1999. |
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http://www.siliconindia.com/magazine/display_back_issue.asp?article_id=128
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| | 0.1.3: How Venture Capitalists Talk - Encyclopedia - Library - VC Experts |
| | One of the critical elements in venture investing is the rate at which a firm incurs expenses, since most financings occur at a time when the business has insufficient income to cover expenses. | | | As used in venture finance, the financing is next to the occasion on which the founder and investors become liquid—an initial public offering (IPO) or sale of the entire company. | | | Venture funds include federally assisted Small Business Investment Companies (which can be either corporations or partnerships) and, on occasion, a publicly held corporation along the AR&D model, styled since 1980 as "business development corporations." This book, following common usage, will refer to any managed pool of capital as a "fund" or "partnership." |
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http://vcexperts.com/vce/library/encyclopedia/documents_view.asp?document_id=16
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| | The Hindu Business Line : Venture capitalists and biotech sector — Discovering the potential |
| | Venture capitalists must be confident that the firm has the quality and depth in the management team to achieve its aspirations. | | | The venture capitalist is a business partner, sharing the risks and rewards and provides strategic, operational and financial advice to the company based on experience with other companies in similar situations. | | | But most venture capitalists are unwilling to invest in biotech R&D. Rather, they want to fund companies whose products and markets are clearly identified. |
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http://www.thehindubusinessline.com/2004/12/29/stories/2004122900200900.htm
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| | CCH Business Owner's Toolkit Venture Capital |
| | Usually, venture capital firms favor existing businesses that have a minimal operating history of several years; financing of startups is limited to situations where the high risk is tempered by special circumstances, such as a company with extremely experienced management and a very marketable product or service. | | | Venture capital financing may not be available, nor a good choice of financing, for many small businesses. | | | Due to the amount of money that venture capital firms spend in examining and researching businesses before they invest, they will usually want to invest at least a quarter of a million dollars to justify their costs. |
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http://www.toolkit.cch.com/text/P10_2300.asp
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| | » Venture capital IT Facts ZDNet.com |
| | Venture capital organizations are expected to invest about $1 bln in China in 2005, down from a record $1.2 bln in 2004. | | | Venture capitalists and private equity investors invested in 28 companies in Q3 2005, up from the 8 firms in Q3 2004. | | | Venture firms funded 219 Internet deals in the first half of 2005, while the total for 2004 reached 413 deals, according to Thompson Financial Venture Economics research firm. |
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http://blogs.zdnet.com/ITFacts/index.php?id=C0_30_1
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| | Venture Capitalists |
| | The venture capital business is a business, and the people we call venture capitalists are business people who are charged with investing other people’s money. | | | Venture capital shouldn’t be thought of as a source of funding for any but a very few exceptional start-up businesses. | | | Venture capital can’t afford to invest in start-ups unless there is a rare combination of product opportunity, market opportunity, and proven management. |
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http://www.bizplans.com/html/cap2.htm
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| | AVC Venture Capital |
| | Let's do the math to see why this is. Suppose you and a venture capitalist agree to a "pre-money" valuation of $1 million for your start-up, and the venture capitalist then invests $1 million for 50% of the equity. | | | A venture capital firm will in most cases fire the founder and founding team within months of a financing round. | | | You have to ask yourself if venture capital is a realistic financing option for you. |
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http://www.antiventurecapital.com/venturecapital.html
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| | USATODAY.com - Venture capitalists still shying away from tech |
| | As they shift their focus from high-tech companies, venture capitalists are paying more attention to health services. | | | The $5.7 billion invested by venture capitalists during this year's second quarter is 81% below the record $29.5 billion invested in startups during the first three months of 2000. | | | Hundreds of startups and a large number of venture capital firms are expected to fall by the wayside during the anticipated turmoil. |
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http://www.usatoday.com/tech/techinvestor/2002-07-30-venture-capital_x.htm
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| | Boston.com / Business / Markets / Market turnaround no help to distressed venture capitalists |
| | Venture capital funds nationwide suffered a one-year loss, on average, of 27.4 percent through June, the most recent period covered in a quarterly survey by Venture Economics for the National Venture Capital Association. | | | Venture capital funds averaged a 20 percent loss in the three years ended in June while the Nasdaq Composite sustained an annual loss of 25.8 percent in those three years, according to Venture Economics. | | | That's because many publicly held high-tech companies use their stocks as a currency to pay for acquisitions and are more apt to pay premiums for promising start-ups financed by venture capitalists when their shares are appreciating. |
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http://www.boston.com/business/markets/articles/2003/10/15/market_turnaround_no_help_to_distressed_venture_capitalists?mode=PF
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| | Venture capitalists enjoy best year since dot-com bust |
| | IPOs are important to venture capitalists because they provide a way to cash out of their investments and distribute the gains to their investment partners. | | | The one-year return on venture capital funds averaged 19.3 percent during 2004, an improvement from an 11.7 percent gain in 2003, according to statistics released Monday by the National Venture Capital Association and Venture Economics. | | | Ninety-three companies financed by venture capitalists went public last year, raising $11 billion in the process. |
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http://www.post-gazette.com/pg/05102/486616.stm
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| | Popular Misperceptions About Venture Capitalists |
| | Venture capitalists are in the business of high risk, high return investing. | | | The most successful venture capitalists examine financials plus other factors, including market, management, technology, and competition when performing due diligence on a new investment opportunity. | | | In the long term, a lower valuation given to your venture capital partner almost always translates to substantially higher valuations in subsequent financing rounds than using a private placement for the initial financing round. |
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http://www.woodsidefund.com/ent/articles/Popular_Misperceptions.html
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| | Equity Ventures, venture capital, MBO, MBI, private equity , corporate finance |
| | The British Smaller Companies VCT is a suitable source of venture capital for companies with at least two years audited trading history, annual sales of more than £2.5 million, and gross assets of at least £1 million. | | | Advised company management on discussions with venture capitalists and preparation of the business plan for potential flotation sponsors of this bio-technology company. | | | Equity Ventures arranged the deal, advised the management and secured £4m of finance for the MBO of the leading UK road sweeping equipment hire company. |
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http://www.ventures.demon.co.uk
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| | The New York Times > Business > Small Business: The Return of the Venture Capitalists |
| | Investments by venture firms rose 22 percent in the second quarter of this year, to $5.8 billion, from $4.7 billion a year earlier, according to the MoneyTree Survey by PricewaterhouseCoopers, Thomson Venture Economics and the National Venture Capital Association. | | | For all of 2004, analysts project an 11 percent increase in investments, to $20 billion, from $18 billion in 2003. | | | That is a far cry from the $108 billion in the heady days of 1999, and nobody in the venture-capital business is predicting a return to that flood of cash. |
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http://www.nytimes.com/2004/09/02/business/02sbiz.html?ex=1251864000&en=a6b2fc4f9d2b940a&ei=5088&partner=rssnyt
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| | Update 1: Venture Capitalists Continue Fundraising - Forbes.com |
| | Venture capitalists raised $6.1 billion for future investments during the second quarter, continuing a recent upswing that reflects the industry's renewed appetite for taking risks. | | | Having tended to those financial wounds, venture capitalists have been pouring more money into startups, a trend that's prompting them to solicit even more money from wealthy individuals, pension funds and college endowments that earmark a sliver of their portfolios for riskier investments. | | | The recent fundraising flurry has raised some concerns that venture capitalists will wind up with more money than they can invest prudently. |
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http://www.forbes.com/associatedpress/feeds/ap/2005/07/18/ap2144195.html
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| | Squeak! - Venture funds in STORAGE |
| | Fidelity Ventures is the venture capital arm of Fidelity Investments and has actively invested in early-stage companies in the software, networking, and telecommunications industries. | | | Prism Venture Partners led this round of funding, and was accompanied by Globespan Capital Partners, HighBAR Ventures, and Partech International—all of which invested in previous financing rounds. | | | Mellon Ventures was also a new investor to the round which included investors from previous financing rounds: H.I.G. Ventures, Commonwealth Capital Ventures, Kinetic Ventures, Cordova Ventures, Yamacraw and Bergman and Associates. |
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http://www.storagesearch.com/squeak-7.html
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| | EconPapers: Venture Capitalists Investment Incentives Under Public Equity Schemes |
| | In a double-sided moral hazard model, it is shown that experienced venture capitalists, who have already financed start-up enterprises, reduce their intensity of management support under public equity schemes. | | | However, public equity offers inexperienced venture capitalists, who have not yet financed start-up enterprises because of insuf-ficient experience, incentives to enter the venture capital market so that they can start to accumulate experience. | | | Abstract: This paper analyses the impact of public equity schemes on venture capitalistÂ’s incentives to finance start-up enterprises and to support the management teams. |
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http://netec.wustl.edu/WoPEc/data/Papers/kiekieliw1117.html
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| | VentureBlog |
| | And on the strength of those deals, were able to raise nearly $9M in venture financing in late 2004 and attract a really strong consumer marketing oriented CEO. | | | But it is even better news for consumers and businesses, all of whom/which benefit greatly from accelerated innovation. | | | Among the technologies that I find interesting and have been spending a fair amount of time looking at is, not surprisingly, podcasting. |
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http://www.ventureblog.com
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| | Joel on Software - Fixing Venture Capital |
| | They're investing in risky venture funds for a reason: they want to get paid for taking risk. | | | Many software companies these days are built using some form of venture capital. | | | When people ask me if they should seek venture capital for their software startups, I usually say no. At Fog Creek Software, we have never looked for venture capital. |
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http://www.joelonsoftware.com/articles/VC.html
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| | Directories of Business Resources and Venture Capitalists |
| | This Seventh Edition of The Directory of Venture Capital and Private Equity Firms, completely revised and enhanced for 2003, is designed to give librarians, entrepreneurs and others interested in the venture capital and private equity fields, the most essential and current information on the Venture Capital industry. | | | With its comprehensive, worldwide coverage and detailed, extensive information on each company, The Directory of Venture Capital and Private Equity Firms, 2003 is an important addition to any finance collection. | | | You'll also find details that are available nowhere else, including the firm's Portfolio Companies and extensive information on each of the firm's Managing Partners, such as Education - Degrees and College or University, Professional Background and Directorships held, along with the Partner's Email address. |
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http://www.nmoa.com/catalog/greyh.htm
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| | Inside Secrets To Venture Capital, by Brian E. Hill and Dee Power helps entrepreneurs prepare their business plan, ... |
| | Entrepreneurs looking for venture capital, attorneys, accountants, business plan consultants, venture capitalists accredited investors and angel investors. | | | Brian Hill and Dee Power spent three years surveying 250 venture capital firms to find out what venture capitalists look for when putting their money in young businesses. | | | Inside Secrets To Venture Capital, by Brian E. Hill and Dee Power helps entrepreneurs prepare their business plan, select investors and work with venture capitalists |
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http://www.insidesecretstoventurecapital.com
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| | Business 2.0 - Web Guide - Venture Capital -e1 |
| | A quarterly study of equity investments made by the venture capital community in emerging private companies in the United States. | | | Overview of the venture capital process, with emphasis on the business plan. | | | Thomson Financial Securities Data's (TFSD) Venture Economics group has been tracking the venture capital and buyouts industry for over 35 years. |
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http://www.business2.com/b2/webguide/0,17811,193,00.html
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| | A VC |
| | I've met plenty of great entrepreneurs over the years who know that revenues minus costs equals profits, but have no idea what a differential equation is. And it never got in their way. | | | Brad says web services are different than the things we've been investing in IT for the past 20 years. | | | We like to make our initial investment sometime between the formation of a business and the first dollar of revenue coming in the door. |
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http://avc.blogs.com/a_vc
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| | Venture Capitalists Raise $2.3 Billion - BizReport |
| | Venture capitalists are feeling more upbeat as the market values of the startups have rebounded, helping to boost the industry's profits. | | | The fund-raising activity during the three months ended in March more than doubled the $1.1 billion that venture capitalists collected at the same time last year, said the National Venture Capital Association and Thomson Venture Economics. | | | BizReport shall not be liable for any errors in the content, or for any actions taken in reliance thereon. |
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http://www.bizreport.com/print/7066
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| | Venture Economics - Index |
| | Venture Capital Investing Rises 19% to $5.8 Billion in Q2 2005 | | | Larger Venture and Buyout Firms Drive Vibrant Private Equity Fundraising Activity in Q2 2005 | | | However, in a bit of an aftershock, One Equity Partners lost an important cog on its healthcare team when Tim Dugan left the group to form Water Street Capital Management at the end of March. |
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http://www.ventureeconomics.com
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| | Small Biz Adviser: Locating venture capitalists |
| | Usually, this includes presentations before audiences of venture capitalists and representatives of VC firms. | | | Conduct analysis of the content of a business plan. | | | So, regardless of your business and strength of your plan, how do you locate VC sources? |
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http://www.bankrate.com/brm/news/biz/adviser/20020530a.asp
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| | Forbes.com |
| | Source: Thomson Financial Venture Economics/National Venture Capital Association. | | | Special thanks go to Thomson Financial Venture Economics/National Venture Capital Association and Alternative Investor/Private Equity Analyst/VentureOne. | | | Erika Brown, Charles Brucaliere, Leslie Kippen, Anton Klusener, Michael K. anian, Mitch Rand, Carl Subick and David Whelan contributed to this report. |
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http://www.forbes.com/maserati/midasland04.html
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| | Venture Capital Resource Directory - VC database of Venture Capital Firms |
| | Venture Capital Resource Directory - VC database of Venture Capital Firms | | | At no such time should information contained herein be considered an offer to buy or sell securities. | | | 2005 Venture Capital Resource Library CD - The 2005 Venture Capital Directory on CD-ROM is now available! |
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http://www.vfinance.com/ventcap.htm
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| | labrador_newcomp.gif |
| | Labrador Ventures invested in eBots, Inc. as part of a $4 million Series A financing. | | | Labrador invested in NextHop as part of a $10.5 million Series B financing. | | | Labrador invested in Altierre Corporation as part of a $10 million Series A financing. |
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http://www.labrador.com
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| | Venture Capital & Angel Investing |
| | FundingPost has had the opportunity to work with thousands of Angel and Venture Capital Investors representing over $78.69 Billion. | | | I am glad FundingPost has put this together, and plan to use this as a regular part of the way I do business. | | | FundingPost.com will showcase entrepreneur company profiles to investors who match their funding requirements. |
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http://www.fundingpost.com
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| | Venture Capitalists Riding Out the Storm |
| | He knows of companies that raised $40 million from leading venture capitalists and have a product and a business, but have been told to close their doors by those financial backers. | | | The best plan is to raise the money the company needs at the moment, and not to "bump the price so high that you can't meet expectation." | | | Changepoint competes in the professional service automation software market. |
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http://www.eweek.com/article2/0,1759,1253291,00.asp
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| | What's Wrong With Risk-Averse Venture Capitalists? |
| | At the same time, the financial structure of successful companies will involve more-complex mixes of equity and debt and more-rational budgeting. | | | Assume that Burstein is right about all of these things -- that venture capital will be equal parts merchant banking, bottom fishing, and financial engineering. | | | According to Daniel L. Burstein, managing partner at Millennium Technology Ventures in New York, the abrupt shift represents something more than just a cyclical swing. |
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http://www.fastcompany.com/magazine/72/jellis.html
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| | Venture Capital Journal |
| | They are also in agreement that the VC industry is not as transparent as it could be, and that it has operated within a black box for too many years. | | | "There is no book called VC for Dummies," quips Jeff Nolan, investment director for SAP Ventures, the venture arm of enterprise software developer SAP. | | | Now there are a dozen or so venture-related blogs, including those written by Steve Jurvetson of Draper Fisher Jurvetson, Jeff Nolan of SAP Ventures, Ed Sim of Dawntreader Ventures, and Martin Tobias of Ignition Partners. |
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http://www.venturecapitaljournal.net/vcj/1093016078475.html
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| | Business 2.0 :: Online Article :: Deal Flow :: Venture Capitalists Shift Gears |
| | It accounted for 34 percent of all venture capital, or $7.2 billion. | | | Business 2.0 :: Online Article :: Deal Flow :: Venture Capitalists Shift Gears | | | He says, "What venture capitalists invariably do, and they won't admit it, is put startups into one of two categories: faster, better, cheaper or brave new world." We have seen companies do things faster, better, and cheaper over the past three years. |
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http://www.business2.com/b2/web/articles/0,17863,1024833,00.html
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| | Former secretary of state joining venture capitalists / Kleiner, Perkins recruits Powell as limited partner |
| | Powell's understanding of defense contracting and government budgeting will benefit Kleiner, Perkins, said Gadi Behar, founder and managing director of Silicom Ventures, a Los Altos VC firm. | | | Increases in defense spending make Washington increasingly important to technology companies, Behar said. | | | The man who was the nation's top diplomat said he'll bring a global perspective to the venture capital business. |
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http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2005/07/13/BUG16DMSV41.DTL
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| | NEA - Home |
| | NEA is one of the industry's premier venture capital firms. | | | Creating companies of enduring value while providing high returns to our investors |
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http://www.nea.com
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| | Venture Capitalists Made Money in 2003 |
| | According to the National Venture Capital Association (NVCA) and Thompson Venture Economics, one-year returns on venture capital funds averaged 8.1% in the fourth quarter of 2003. | | | Venture capital funds have been strained in recent years, suffering an average loss of about 38% in 2002 and 32% in 2001. | | | A strong stock market strengthens the IPO market and the merger and acquisitions market, making it easier for venture capitalists to profit. |
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http://www.inc.com/criticalnews/articles/200404/vc2003.html
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| | Charles River Ventures - CRV HOMEPAGE |
| | Charles River Ventures' approach to investing synthesizes the realities of startup creation with the dynamics of the equity financing markets in a true value-added approach. | | | EnterpriseDB Corporation Announces $7 Million in Venture Capital Financing | | | Charles River Ventures is one of the industry's leading venture capital firms with more than 30 years of experience in investing in great entrepreneurs and building great companies. |
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http://www.crv.com
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| | SAVCA : South African Venture Capitalists Association |
| | SAVCA and GIBS Advanced Programme in Private Equity and Venture Capital (13 Sep 2005) | | | If you wish, at a nominal cost, we will create statistical reports every week – and, you are measuring each article yourself! |
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http://www.savca.co.za
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| | National Venture Capital Association |
| | New Study Reports Impact of Venture Capital on Economy (Study or Release) | | | The National Venture Capital Association is not affiliated with the International Venture Capital Association or NewYork Venture Capital Association in any way. | | | Venture Impact – Economic Impact of Venture Capital Study (Study or Release) |
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http://www.nvca.org
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| | JayAllen.org :: Stories from the Road :: The Fading Pages of Knowledge |
| | The idea continues to excite me daily in every way, even as the venture capitalists, business plans and Directors of Marketing fade thankfully from my memony. | | | In many ways, it's difficult to believe that such a thing could come to be. |
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http://www.jayallen.org/stories/the_fading_pages_of_knowledge
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| | Lies venture capitalists tell entrepreneurs |
| | Lie 1: "Our money's different!" What we really mean is that you should reject other venture capitalists' better terms because we are going to spend a lot of time "helping" you. | | | Anderson is senior managing director of Yankeetek, a Cambridge, Mass., venture incubator. | | | My last column was about the lies that entrepreneurs tell venture capitalists like me ("Cisco wants to be my strategic partner," "The market is going to $7.2 billion - and we will get 20%," and so on). |
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http://www.networkworld.com/columnists/2000/0925anderson.html
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| | I, Cringely . March 4, 2004 - The Curse of the Hundred Bagger PBS |
| | The goals were modest -- a 20 percent compounded annual rate of return to venture fund investors. | | | This new system required capital to start and build the little companies and the VC community was able to provide that. | | | There have been very few hundred baggers, but the fact that for awhile there were some has had a horrible effect on the venture capital business, because now any investment that doesn't have hundred bagger potential is viewed as not worth making at all. |
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http://www.pbs.org/cringely/pulpit/pulpit20040304.html
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| | Boston.com / Business / Venture capitalists -- Boston's lure for start-ups |
| | Boston isn't the cheapest place to do business. | | | But one out of 10 of these start-ups could become an established company with 800 to 1,000 employees within a decade." | | | But one largely invisible driver is venture capital firms, which fund and advise emerging technology companies and relocate dozens to the Boston area each year. |
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http://www.boston.com/business/articles/2004/09/12/venture_capitalists____bostons_lure_for_start_ups
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| | Garage Technology Ventures |
| | State of the Union on Venture Capital, Bill Reichert... | | | Audio files from The Art of the Start Conference 2005 are now available. | | | Buy Guy Kawasaki's Book If you are starting a business, Guy's new book, The Art of the Start, is a must read. |
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http://www.garage.com
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