What Is VC - National Venture Capital Association - NVCA

Aus coViki
Wechseln zu: Navigation, Suche

Vance H. Fried

Oskari Lehtonen

Harry J. Sapienza





Dirk De Clercq () is undoubtedly an Assistant Professor of Entrepreneurship at Brock University. Vance H. Fried () could be the Brattain Professor of Management at Oklahoma State University. Oskari Lehtonen () is a Doctoral candidate for the Swedish School of Economics and Business Administration, Helsinki Finland. Harry J. Sapienza () is often a Professor of Strategic Management and Organization as well as the Curtis L. Carlson Chair of Entrepreneurial Studies at the Carlson School of Management, University of Minnesota.


Seek out more documents from this article author


Email the related writer at [electronic mail covered]


Sections



View articleView Full Text


PDF/EPUB






- ToolsDownload Citations


Amplify favorites


Track Citations




Facebook


Twitter


LinkedIn


Reddit


Email






This article provides a cornerstone on an understanding of the dynamics of project investment capital from the entrepreneur's perspective. A crucial area of knowing opportunity capital requires the distinct types of danger cash for your business person, i.e., (basic) enterprise capitalists (VCs), online business angels, and company project capitalists. Furthermore, whichever method of obtaining threat cash entrepreneurs pick, they have got to look at the many stages on the purchase routine, i.e., the pre-financial investment, post-expenditure, and exit phases. We go over most of the essential concerns that internet marketers ought to be mindful when dealing with enterprise capitalists for the duration of all these several expense phases. Furthermore, we offer palms-on advice to help marketers improve value of their connection with VCs over the expenditure never-ending cycle, so we point to trouble areas that may jeopardize price making. In particular, in the pre-expenditure part, the challenges of obtaining an (sufficient) entrepreneur, receiving the correct quantity of funds, and structuring a decent option are extremely important for enterprisers. Throughout the publish-investment part, entrepreneurs ought to deal with handling the partnership with all the VC through the roll-out of helpful correspondence, Venture capital Singapore shared have faith in, along with the organization of objectivity and aspect to consider towards other event. For the get out of phase, we explore the value of setting up a well timed and beneficial get out of for that VC. We start using a short contrast of opportunity capitalists in common endeavor funds businesses with small business angels and corporate and business enterprise capitalists. The focus on the article, nevertheless, is on vintage opportunity funds.



Aldrich H. 1999. Organizations evolving. London: Sage. Google Scholar


Bartlett J. W. 1995. Equity financing: opportunity capital, buyouts restructurings, and reorganizations, 2nd ed. (Panel section of Aspen Law AndBusiness and Frederick, MD). Google Scholar


Black B. S. , Gilson R. J. 1998. Venture investment capital as well as the composition of investment capital markets: financial institutions vs . share areas. Journal of Financial Economics, 47: 243-277. Google Scholar


Bouillet-Cordonnier G. 1992. Legal elements of begin-up correction and review solutions. Journal of Business Venturing, 7: 91-101. Google Scholar


Brander J. A. , Amit R. , Antweiler W. 2002. Venture capital syndication: Improved business selection versus the quality-extra theory. Journal of Economics and Management Strategy 11(3): 423-452. Google Scholar


Bruton G. , Fried V. H. , Hisrich R. D. 2000. CEO dismissal in venture capital supported providers: Further information from an firm perception. Entrepreneurship Theory & Practice, 24(4): 69-78. Google Scholar


Bruton G. D. , Fried V. H. , Manigart S. 2005. Institutional affects over the globally expansion of venture cash. Entrepreneurship Theory & Practice, November: 737-760. Google Scholar


Busenitz L. W. , Moesel D. D. , Fiet J. O. , Barney J. B. 1997. The framing of perceptions of fairness during the connections between venture capitalists and new business crews. Entrepreneurship: Theory And Practice, 21(3): 5-21. Google Scholar


Busenitz L. W. , Moesel D. D. , Fiet J. O. 2004. Reconsidering the enterprise capitalists' ‘value added’ task: An interorganizational studying mindset. Journal of economic Venturing, 19(6) 787-807. Google Scholar


Bygrave W. 1987. Syndicated ventures by business money businesses: A marketing point of view. Journal of economic Venturing, 2: 139-154. Google Scholar


Cable D. M. , Shane S. 1997. A prisoner's problem approach to entreprreneur-project capitalist relationships. Academy of Management Review, 22(1): 142-176. Abstract , Google Scholar


Cochrane 2005. The chance and go back of endeavor funds. Journal of Financial Economics, 75: 3-52. Google Scholar


Cumming D. , MacIntosh J. 2003. A go across-country evaluation of part and total endeavor cash exits. Journal of Banking And Finance (27): 511-548. Google Scholar


D'Aveni R. A. 2005. "Bankruptcy" within the Blackwell Encyclopedia of Management, 2ed. Hitt M. A.Ireland Venture capital Singapore R. D. eds., Blackwell Publishing, Oxford. Google Scholar


De Clercq D. 2002. Organizational studying by enterprise money providers: The influence of previous expense expertise, information overlap, and community cash on financial investment success. Unpublished Doctoral Dissertation, University of Minnesota. Google Scholar


De Clercq D. , Sapienza H. J. 2005. When do business budget companies learn from their investments. Entrepreneurship Theory & Practice, 29(4): 517-535. Google Scholar


Delmar F. , Shane S. 2003. Does enterprise preparation facilitate the creation of new ventures? Strategic Management Journal, 24(12): 1165-1185. Google Scholar


Dimov D. , Shepherd 2005. Human funds theory and opportunity investment capital organizations: Exploring property runs and affect outs. Journal of economic Venturing, 20(1) 1-21. Google Scholar


Edelman L. F. 2002. German business-capital businesses and portfolio-business effectiveness: What sorts of administration help make a difference? The Academy of Management Executive, 16(1): 156-157. Abstract , Google Scholar


Forbes D. 2005. Are a few marketers well informed as opposed to others? Journal of Business Venturing, 20(5): 623-640. Google Scholar


Fortune, Section "Investor's Guide Magazine" December 25, 1995. Google Scholar


Fried V. H. 2005. "Undercapitalization" during the Blackwell Encyclopedia of Management, 2ed. Hitt M. A.Ireland R. D. eds., Blackwell Publishing, Oxford. Google Scholar


Fried V. H. , Bruton G. , Hisrich R. 1998. Strategy as well as the board of directors in project capital-guaranteed companies. Journal of economic Venturing, 13: 493-503. Google Scholar


Fried V. H. , Hisrich R. 1994. Toward a model of project funds expenditure making decisions. Financial Management, 23(3): 28-37. Google Scholar


Fried V. H. , Hisrich R. 1995. The endeavor capitalist: A romantic relationship opportunist. California Management Review, 37(2): 101-113. It ought to be noted here that CVCs and BAs are not as likely to maintain this sort of abilities. Google Scholar


Gifford S. 1997. Limited awareness along with the job of your opportunity capitalist. Journal of Business Venturing, 12: 459-482. Google Scholar


Gilson R. J. , Schizer D. M. 2003. Understanding opportunity budget construction: A taxes reason for convertible car favored inventory. Harvard Law Review, 116: 874-916. Google Scholar


Gladstone D. , Gladstone L. 2003. Venture capital committing: The full manual for making an investment in confidential businesses for spectacular earnings. Financial Times Prentice Hall. Google Scholar


Gompers P. 1996. Grandstanding from the endeavor cash industry. Journal of Financial Economics, 42: 133-156. Google Scholar


Gompers P. 1998. An examination of convertible securities in enterprise investment capital ventures. Working Paper, Harvard Business School. Google Scholar


Gompers P. , Lerner J. 2001. The opportunity investment capital trend. Journal of Economic Perspectives, 15(2): 145-168. Google Scholar


Guler I. 2003. Throwing good money soon after poor? A report of sequential decision making within the endeavor budget sector. Unpublished doctoral dissertation, University of Pennsylvania. Google Scholar


Harrison R. T. , Mason C. 1996. Developments on the advertising of informal enterprise investment capital within the uk. International Journal of Entrepreneurial Behaviour and Research, 2(2): 6-33. Google Scholar


Harrison R. T. , Dibben M. R. 1997. The position of rely on during the informal financial investment choice: an exploratory investigation. Entrepreneurship Training and Theory, Summer: 63-81. Google Scholar


Kaplan S. , Schoar A. 2005. Private fairness results: Returns, endurance And budget passes. Journal of Finance, 60(4): 1791. Google Scholar


Kaplan S. N. , Sensoy B. A. , Stromberg P. 2005. How to find businesses? Evolution from beginning to community businesses. NBER Working document 11581, Cambridge, MA: National Bureau of Economic Research. Google Scholar


Kaplan S. , Stromberg P. 2003. Financial acquiring idea satisfies the real world: An empirical research of venture money deals. Review of Financial Studies, 70: 281-315. Google Scholar


Kummerle W. 2001. Comparing catalysts of transform: Evolution and institutional variations in the endeavor investment capital sectors during the U.SGermany, . and Japan. In Research on Technological Insurance plan, Administration and Venture capital Singapore Invention, edited by Burgelman R.Chesbrough H. Greenwich, CT: JAI Press. Google Scholar


Lerner J. 1994. The syndication of venture budget ventures. Financial Management, 23(3): 16-27. Google Scholar


MacMillan I. C. , Kulow D. M. , Khoylian R. 1989. Venture capitalists' involvement on their purchase effectiveness and magnitude. Journal of economic Venturing, January: 27-47. Google Scholar


Megginson W. L. , Weiss K. A. 1991. Venture capitalist certification in initial general public presenting. Journal of Finance, 46(3): 879-903. Google Scholar


MoneyTree Survey. 2004 by PricewaterhouseCoopers, Thomson Venture Economics, and also the National Venture Capital Association. Google Scholar


Norton E. , Tenenbaum B. H. 1993. Specialization compared to diversification being a endeavor budget expense strategy. Journal of economic Venturing, 8: 431-442. Google Scholar


Pratch L. 2005. Value-extra making an investment: A framework for early on period endeavor cash firms. Journal of Private Equity, 8(3): 13-29. Google Scholar


Prince C. J. 1997. The best business strategy. Success: 44-49. Google Scholar


Relander K.-E. , Syrjanen A. P. , Miettinen A. 1994. Research into the industry selling being a venture capital get out of road, in Bygrave W.Hay M.Peeters J. (eds.), Realizing expenditure benefit (FT-Pitman, London). Google Scholar


Sahlman W. A. 1990. The governance and system of business capital organizations. Journal of Financial Economics, 27: 473-521. Google Scholar


Sapienza H. J. 1989. Variations inside the endeavor Venture capital Singapore capitalist-business person loved ones: Antecedents and effects. Unpublished doctorate dissertation, University of Maryland). Google Scholar


Sapienza H. J. 1992. When do business capitalists put price? Journal of Business Venturing, 7: 9-27. Google Scholar


Sapienza H. J. , Gupta A. K. 1994. Impact of service task and hazards doubt on enterprise capitalist-CEO interaction. Academy of Management Journal, 37(6): 1618-1632. Abstract , Google Scholar


Sapienza H. J. , Venture capital Singapore Korsgaard M. A. 1996. The purpose of procedural justice in business owner venture funds relations. Academy of Management Journal, 39: 544-574. Abstract , Google Scholar


Sapienza H. J. , Manigart S. , Vermeir W. 1996. Venture budget price and governance added in 4 places. Journal of Business Venturing, 11: 439-469. Google Scholar


Shane S. 2003. A broad way of thinking of entrepreneurship: The individual-opportunity nexus. London: Edward Elgar. Google Scholar


Shane S. , Cable D. 2002. Networkreputation and ties, along with the funding of the latest efforts. Management Science, 48(3): 364-381. Google Scholar


Shepherd D. A. 1999a Venture capitalists' examination of the latest venture emergency. Management Science, May: 621-632. Google Scholar


Shepherd D. A. 1999b. Venture capitalists' introspection: An assessment of in use and Venture capital Singapore ‘espoused’ conclusion policies. Journal of Independent Business Management, April: 621-632. Google Scholar


Siegel R. 1988. Corporate project capitalists: Autonomy, hurdles, and gratifaction. Journal of Business Venturing, 3(3): 233-247. Google Scholar


Triantis G. G. 2001. Financial commitment style and design on the globe of opportunity funds. University of Chicago Law Review, 68: 305-322. Google Scholar


Tyebjee T. , Bruno A. 1984. One of enterprise capitalist expenditure action. Management Science, 30, 1066-1151. Google Scholar


Wasserman N. If you are you looking for more regarding Venture capital Singapore take a look at our own web site. 2002. Venture capitalist as business owner: Characteristics and dynamics inside of VC firms. Unpublished dissertation, Harvard University. Google Scholar


Wasserman N. 2003. Founder-CEO succession and also the paradox of entrepreneurial being successful. Organization Science, 14: 149-172. Google Scholar


Wasserman N. 2005. Upside-downward enterprise capitalists along with the move towards pyramidal organizations: Inevitable progression? However, unsuccessful play around? Research from the Sociology of Work, 15: 151-208. Google Scholar


Wilson J. W. 1985. The new venturers: Inside of the higher stakes of enterprise cash. Addison-Wesley, Reading MA. Google Scholar


Wright M. , Robbie K. 1998. Venture capital and private home equity: A evaluation and activity. Journal of Business Finance And Accounting, 25(5-6): 521-569. Google Scholar


Wright M. , Lockett A. , Pruthi S. 2002. Internationalization of Western opportunity capitalists into rising areas: Risk data and analysis in India. Small Business Economics, 19: 13-29. Google Scholar


Wright M. , Robbie K. , Ennew C. 1997. Serial internet marketers. British Journal of Management, 8: 251-268. Google Scholar


Zacharakis A. L. , Meyer G. D. 2000. The chance of actuarial conclusion models: Would they increase the enterprise budget purchase choice? Journal of Business Venturing, Venture capital Singapore 15: 323-346. Google Scholar




Figures


References


Related


Details










Cited ByReputation and Making Decisions less than Ambiguity: An Investigation of U.S. Venture Capital Firms' Investments inside the Emerging Clean Energy Sector

Antoaneta P.

Meine Werkzeuge
Namensräume
Varianten
Aktionen
Navigation
Werkzeuge
Blogverzeichnis - Blog Verzeichnis bloggerei.deBlogverzeichnis