View Historical Statistics on the Performance of Venture Capital Investments.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c42982) has announced the addition of "Venture Capital and the Finance of Innovation" to their offering. The Financial Principles Every Venture Capitalist Venture Capitalist An investor who provides capital to either start-up ventures or support small companies who wish to expand but do not have access to public funding. Notes: Venture capitalists usually expect higher returns for the additional risks taken. Needs To Master Of all the skills that make a successful Venture Capitalist, finance may not be high on your list. But it should. Why? Because a grasp of the essentials of finance can make the difference between investing with discipline or with blind hope. Think only of the disastrous performance of the VC industry in the post-2000 years for a cautionary example of what happens when investment discipline breaks down. In Andrew Metrick's Venture Capital and the Finance of Innovation, future and current Venture Capitalists will find a useful guide to the principles of finance and the financial models that underlie Venture Capital decisions. Assuming no knowledge beyond concepts covered in first-year MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration courses, the book will familiarize you with: * The relationship between risk and return in venture capital * Historical statistics on the performance of venture capital investments * Total ValuationCothe data and methods used to value a high-growth company * Partial ValuationCohow to analyze the special features of VC transactions such as convertible preferred stock Convertible Preferred Stock Preferred stock that includes an option for the holder to convert the preferred shares into a fixed number of common shares, usually anytime after a predetermined date. Also known as "convertible preferred shares". , participating preferred stock Participating Preferred Stock A type of preferred stock that, under certain conditions, gives holders the right to receive earnings payouts over and above the specified dividend rate. , payment-in-kind dividends, and liquidation The collection of assets belonging to a debtor to be applied to the discharge of his or her outstanding debts. A type of proceeding pursuant to federal Bankruptcy preferences * A framework for modelling investment in "research and development" * The relationship between strategy and finance * Cutting-edge techniques such as Monte-Carlo analysis, real options, binomial binomial (bī'nō`mēəl), polynomial expression (see polynomial) containing two terms, for example, x+y. The binomial theorem, or binomial formula, gives the expansion of the nth power of a binomial (x+ trees, and game theory Comprehensive yet accessible and supplemented by free online spreadsheet models that provide quick-and-dirty "reality checks" for many types of transactions, Venture Capital and the Finance of Innovation arms you with the financial models and tools you need to become a successful venture capitalist. Reviews: "This book is an excellent bridge between finance theory and venture capital practice. Metrick presents cutting-edge financial tools, creatively applied to venture capital and R&D investing. It is destined des·tine tr.v. des·tined, des·tin·ing, des·tines 1. To determine beforehand; preordain: a foolish scheme destined to fail; a film destined to become a classic. 2. to become the required reading for all students and practitioners in the field." CoPaul A. Gompers, Eugene Holman Professor of Business Administration & Director of Research, Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. "Despite the increasing importance of the venture capital industry, until now there was no reference that could provide practitioners with a specialized grounding in finance. With clear explanations and practical models, Metricks book can fill this gap. I enthusiastically recommend this book to all venture capitalists." CoTed Schlein, Partner, Kleiner Perkins Caufied & Byers About the author Andrew Metrick is an Associate Professor of Finance at the Wharton School of the University of Pennsylvania The Wharton School is the business school of University of Pennsylvania in Philadelphia, Pennsylvania. It was established in 1881 through a donation of Joseph Wharton, making it the world’s oldest business school. , where he teaches Venture Capital and the Finance of Innovation. Dr. Metrick received a BA in Economics and Mathematics from Yale and a Ph.D. in Economics from Harvard. Dr. Metrick has received numerous teaching awards and distinctions, including recognition by BusinessWeek as one of the best teachers at Wharton. For more information visit http://www.researchandmarkets.com/reports/c42982 |
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