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The Venture Capital Cycle
by Paul A. Gompers ; Josh Lerner
ISBN: 0262071940
ISBN-13: 9780262071949
Format: Hardcover
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Bibliographic Details
Publisher: Mit Pr
Published date: 1999
Size: 7.5 x 9.25 inches
Weight: 2.05 pounds
Pages: 375
Publisher's Notes
The venture capital industry in the United States has grown dramatically over the last two decades. Annual inflows to venture funds have expanded from virtually zero in the mid-1970s to more than $9 billion in 1997. Many of the most visible new firms -- including Apple Computer, Genentech, Intel, Lotus, Microsoft, and Yahoo -- have been backed by venture capital funds. Yet despite this tremendous growth and its visible success, venture capital remains a mysterious industry. Numerous misconceptions persist about the nature and role of venture capitalists. Paul Gompers and Josh Lerner's extensive research on venture capital organizations is based largely on original data sets developed through close relationships with institutional investors in venture capital funds and investment advisors. The Venture Capital Cycle synthesizes their path-breaking work. After a historical overview, the book looks at the formation of funds, the investment of the funds in operating companies, and the liquidation of these investments. The concluding chapter provides a road map for future research in this growing area. Three themes run throughout the book. The first is that all venture capitalists confront tremendous incentive and information problems. The second is that because the various stages of the venture capital processes are related, the entire process is best viewed as a cycle. The third is that, unlike most financial markets, the venture capital industry adjusts very slowly to shifts in the supply of capital and the demand for financing.
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The Venture Capital Cycle
Paul Gompers, Josh Lerner
The MIT Press. Used - Acceptable. May contain some marks or highlighting. No dust jacket included. Former Library book. Inner pages clean. ( more information) Offered by Wonder Book (United States)
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The Venture Capital Cycle
Gompers, Paul A.;Lerner, Josh
MIT Press, 1999 Clean crisp DJ in excellent condition. Firm binding. Unmarked interior.. Hard Cover. Fine/Fine. ( more information) Offered by Lakeshore Used Books (United States)
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The Venture Capital Cycle
Paul Gompers; Josh Lerner
The MIT Press, 1999-09-24. Hardcover. Very Good. DJ has slight shelfwear. Unmarked, pages clean & bright, binding tight. ( more information) Offered by BookMamas Books (United States)
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The Venture Capital Cycle
Gompers, Paul A.;Lerner, Josh
Cambridge: MIT Press. Good/Good. 1999. Hard Cover. 0262071940 A couple of short tear and a little creasing on jacket edge. . ( more information) Offered by Mark Wake Books (Canada)
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The Venture Capital Cycle
Paul Gompers; Josh Lerner
The MIT Press, 1999-09-24. Hardcover. New. Brand New. Gift Quality. Book is in perfect condition.FREE Tracking # INCLUDED! We ship on the same or next day you place an order. 100 % Satisfaction Guaranteed. ( more information) Offered by Book Empire (United States)
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The Venture Capital Cycle
Gompers, Paul; Lerner, Josh
The MIT Press. Hardcover. 0262071940 Brand NEW ~ Hardcover with beautiful Dust Jacket ~ possibly slightest shelf-wear ~ PRISTINE text ~ We Ship within 24 Hours + FREE Tracking, answer emails fast, accept returns & work hard to deliver 100% customer satisfaction! . New. ( more information) Offered by CambridgeBookstore.com (United States)
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The Venture Capital Cycle
Gompers, Paul A.; Lerner, Josh
Cumberland, Rhode Island, U.S.A.: Mit Pr, 1999. Pages look new with no marks. An excellent copy.. Hard Cover. Very Good. ( more information) Offered by Tin Star Books (United States)
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The Venture Capital Cycle
Paul Gompers, Josh Lerner
The MIT Press. Used - Good. Shows some signs of wear, and may have some markings on the inside. 100% Money Back Guarantee. Shipped to over one million happy customers. Your purchase benefits world literacy! ( more information) Offered by Better World Books (United States)
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The Venture Capital Cycle
Gompers, Paul; Lerner, Josh
The MIT Press. Hardcover. 0262071940 Fine . Fine. 1999. ( more information) Offered by Rodney's Bookstore (United States)
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The Venture Capital Cycle (Qty: 5)
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Gompers, Paul; Lerner, Josh
The MIT Press. Hardcover. 0262071940 Good condition. May have some markings & or shelfwear. All pages intact. Immediate shipping for all orders and FREE STANDARD DELIVERY on Domestic US Orders! International, APO, FPO and PO Box addresses accepted. All of our titles are exactly the same title as shown and are 100% Guaranteed! Used items may not include extras such as infotrac, CD or other web access codes. We recommend expedited shipping for fastest delivery. Standard shipping may take up to 14 business days. . Good. ( more information) Offered by Paperleaf Books (United States)
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The Venture Capital Cycle (Qty: 5)
FREE SHIPPING
Gompers, Paul; Lerner, Josh
The MIT Press. Hardcover. 0262071940 Good condition. May have some markings & or shelfwear. All pages intact. Immediate shipping for all orders and FREE STANDARD DELIVERY on Domestic US Orders! International, APO, FPO and PO Box addresses accepted. All of our titles are exactly the same title as shown and are 100% Guaranteed! Used items may not include extras such as infotrac, CD or other web access codes. We recommend expedited shipping for fastest delivery. Standard shipping may take up to 14 business days. . Good. ( more information) Offered by Paperleaf Books (United States)
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The Venture Capital Cycle
Gompers, Paul
Cambridge Mass.: The MIT Press. September 24, 1. Hardcover. In the last 25 years, the venture-capital industry has grown from a less th an $1 billion to an over $60 billion business--growth that has far surpasse d any other class of investment products. Today, the industry consists of s everal thousand professionals working at about 500 funds concentrated in Ca lifornia, Massachusetts, and a handful of other states. Despite the industr y's size, there are many misconceptions about the nature and role of ventur e capitalists; their trade remains shrouded in mystery. Paul Gompers and Josh Lerner's Venture Capital Cycle is an illuminating academic examination of the form and function of venture- capital funds. Gompers and Lerner are Harvard Business School professors who have researched extensive original data to analyze venture-capital fundraising, investing, and exiting methods. Beginning with a historical overview of entrepreneurial finance, the book examines how venture partnerships are structured, how venture capitalists are compensated, the staging of investments in operating companies, and the relative performance of venture-capital-backed offerings. There's also an interesting comparison of corporate venture organizations, such as Xerox PARC, with those of independent and other venture groups. Venture capitalists use industry knowledge and monitoring skills to finance projects with significant uncertainty, typically concentrating investments in early-stage companies and high-tech industries. Large information gaps between entrepreneurs and investors create conflicted interests, and the book looks at some of the novel checks and balances most often employed. ( more information) Offered by Infinity Books Japan (Japan)
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The Venture Capital Cycle
Gompers, Paul A.; Lerner, Josh
Cumberland, Rhode Island, U.S.A.: Mit Pr, 1999 Hint of edge and corner wear, gently scuffed and scratched, overall a very crisp and clean first edition, almost new and unread condition! Gift Quality! Dj is nicely preserved in a brand new protective mylar plastic cover! 375 very fine, unmarked and uncreased, insightful and well-documented pages! "The venture capital industry in the United States has grown dramatically over the last two decades. Annual inflows to venture funds have expanded from virtually zero in the mid-1970s to more than $9 billion in 1997. Many of the most visible new firms----including Apple Computer, Genentech, Intel, Lotus, Microsoft, and Yahoo----have been backed by venture capital funds. Yet despite this tremendous growth and its clear success, venture capital remains a mysterious industry. Numerous misconceptions persist about the nature and role of venture capitalists.". First Edition / Second Printing. Hard Cover. Fine/Fine. 8vo - over 7¾" - 9¾" tall. Hardcover. ( more information) Offered by Conover Books (United States)
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The Venture Capital Cycle [Hardcover] by Gompers, Paul; Lerner, Josh
Paul Gompers; Josh Lerner
The MIT Press, 1999-09-24. Hardcover. Very Good. Like new book except for hole (2 cm X 1 in) on dj and spine of book. Free deliver confirmation. Shipping within 24 hours!! Satisfaction guaranteed! ( more information) Offered by XYZBOOK (United States)
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The Venture Capital Cycle
Lerner, Josh,
MIT Press, 1999. Cloth Bound. Like New/Like New. ( more information) Offered by DELHI BOOK STORE (India)
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The Venture Capital Cycle
Paul Gompers, Josh Lerner
Hardcover. Brand New, Never Used, Perfect Condition. Orders take 5-7 days to process and ship. ( more information) Offered by PapaMedia.com (United States)
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The Venture Capital Cycle (Qty: 3)
Gompers, Paul; Lerner, Josh
The MIT Press. Hardcover. 0262071940 NICE COPY--SPEEDY SHIPPING with SUPER CUSTOMER SERVICE . Very Good. ( more information) Offered by TIME OUT BOOKS (United States)
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