The Business of Venture Capital: The Art of Raising a Fund, Structuring Investments, Portfolio Management, and Exits (Wiley Finance) 3rd Edition

Description

Provide aspiring investors and seasoned practitioners with the definitive guide to the VC ecosystem with The Business of Venture Capital: The Art of Raising a Fund, Structuring Investments, Portfolio Management, and Exits, 3rd Edition. Authored by Mahendra Ramsinghani, this comprehensive manual is widely considered the industry standard for understanding the complex mechanics of venture capital from the ground up. Whether your customers are launching their first micro-VC fund or looking to sharpen their deal-structuring skills, this text offers unparalleled, real-world insights into the highly opaque world of private equity.

The 3rd Edition has been thoroughly updated to reflect the evolving landscape of venture capital, including new chapters on the rise of family offices, corporate venture capital, and the nuances of ESG (Environmental, Social, and Governance) investing. It covers the entire fund lifecycle: from the grueling process of pitching to Limited Partners (LPs) and negotiating term sheets, to active portfolio management, board seat responsibilities, and ultimately driving successful exits via IPOs or acquisitions. Featuring interviews with leading fund managers and institutional investors, this book bridges the gap between theoretical finance and the tactical realities of building a successful venture franchise.

Key Features:

• The Full Lifecycle: Meticulously details every stage of the venture capital process, from raising initial capital to distributing returns to LPs.

• Term Sheets & Structuring: Provides a deep dive into the legal and financial mechanics of term sheets, valuation methodologies, and cap tables.

• Portfolio Management: Offers actionable strategies for guiding founders, serving on corporate boards, and managing a portfolio through economic downturns.

• The Exit Strategy: Explores the critical mechanisms of liquidity events, including mergers, acquisitions, and initial public offerings (IPOs).

• Expert Insights: Features exclusive interviews and hard-won wisdom from top-tier venture capitalists, limited partners, and legal experts.