Printer Friendly

View Historical Statistics on the Performance of Venture Capital Investments.

DUBLIN, Ireland -- Research and Markets ( has announced the addition of "Venture Capital and the Finance of Innovation" to their offering.

The Financial Principles Every Venture Capitalist 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 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, participating preferred stock, payment-in-kind dividends, and liquidation 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 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.


"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 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

"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, 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
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Oct 3, 2006
Previous's(TM) User Base Takes Off With More Than 10,000 "Sales Geniuses" in 115 Countries.
Next Article:Richard Wong Appointed to Zoove Board of Directors.

Related Articles
New site offers broad scope of REIT data.
VentureOne and Ernst & Young establish global alliance to provide venture capital information.
Performance Centre 1.7. (Database News).
Storage Performance Analyser.
Eight Fairfax County companies receive $70.7 million in venture capital funding; Q3 investments bring 2005 total to $254 million.
RipCode Secures $7 Million in Venture Capital Financing.
Saints Capital Ranks As Most Active Investor in U.S., Venture-Backed Companies.

Terms of use | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters