Wiley.com
Print this page Share

The Little Book of Venture Capital Investing: Empowering Economic Growth and Investment Portfolios

ISBN: 978-1-118-55198-1
288 pages
January 2014
The Little Book of Venture Capital Investing: Empowering Economic Growth and Investment Portfolios (1118551982) cover image

Description

A little book full of enormous value for novices and seasoned venture capitalists alike

After having been thrown for a loop by the bursting of the tech bubble more than a decade ago, the venture capital industry suddenly has come roaring back to life over the past two years. In 2011 alone, more than $7.5 billion in venture capital was invested—representing more than a 19% increase over the previous year—in more than 966 companies. A majority of these companies reside in the life sciences, Internet, and alternative energy sectors.

In today's weak job market, VC is more important than ever, since financing new tech, alternative energy, media, and other small to mid-sized companies is vital to creating new jobs. Written by Lou Gerken, a noted international authority on venture capital and alternative investments, this book tells you everything you need to know about the venture capital industry's important role in enhancing economic growth and employment. It is also the perfect go to primer on making venture capital investments to enhance portfolio returns.

  • Highly accessible explanations of the ins and outs of venture capital for would-be investors and experienced VCs
  • Highlights the historical VC track record, and offers expert advice and guidance on venture capital exposure, investment options, sourcing opportunities and due diligence
  • Provides proven strategies for successful investment selection, timing, monitoring, and exiting for optimum returns
  • Features endorsements from luminaries of the VC world, including Kleiner Perkins Caufield & Byers co-founder Frank Caulfield, and Dr. Art Laffer, among others
See More

Table of Contents

Acknowledgments ix

An Introduction to Venture Capital Investing xi

Chapter One
An Historic Overview of Venture Capitalism 1

Chapter Two
The VC Industry Today 23

Chapter Three
The Value Proposition 45

Chapter Four
Prevailing Investment Climate 71

Chapter Five
Field Guide for VC Investing Options—Nonlisted 105

Chapter Six
Investment Options—Listed 145

Chapter Seven
Investment Process—Sourcing and Screening 165

Chapter Eight
Investment Process—Due Diligence and Selection 179

Chapter Nine
Investment Process—Portfolio Construction, Monitoring, and Monetizing 209

Appendix: Resources 237

Notes 252

About the Authors 261

See More

Author Information

LOUIS C. GERKEN founded alternative asset fund manager Gerken Capital Associates (GCA) in 1989. Prior to forming GCA, Mr. Gerken was a Managing Director and Group Head of Prudential Securities' Technology Investment Banking Division, which served as an advisor to international M&A and corporate finance mandates.

Earlier, Mr. Gerken was a General Partner to Prudential Securities' four venture capital funds, known collectively as Prutech, one of the largest U.S. venture capital funds at the time. Prutech completed over fifty IT and bio-tech sector early- and expansion-stage investments, and was one of the first VC funds to pioneer corporate partnering as a co-investment strategy. Prior to this, Mr. Gerken was responsible for overseeing Wells Fargo's venture capital activities where he structured one the industry's first fund of funds.

He was a founder/CEO of TCG, a telecom consulting engineering firm and started his career with emerging markets fund management pioneer, GT Capital.

See More

Reviews

“Like most books in “The Little Book” series, The Little Book of Venture Capital Investing: Empowering Economic Growth and Investment Portfolios packs extensive information and stories, with lucid exposition, into a modest number of pages. Louis C. Gerken, founder of alternative asset manager Gerken Capital Associates, recounts the venture capital (VC) industry’s evolution and describes its internal processes, from initial screening to due diligence to the signing of agreements. The book focuses exclusively on the US venture capital industry, and it includes a glossary for quick and easy reference.”
—CFA Institute Book Review

See More

Press Release

January 27, 2014
The Little Book of Venture Capital Investing: Empowering Economic Growth and Investment Portfolios

A little book full of enormous value for novices and seasoned venture capitalists alike.

After having been thrown for a loop by the bursting of the tech bubble more than a decade ago, the venture capital industry suddenly has come roaring back to life over the past two years. In 2011 alone, more than $7.5 billion in venture capital was invested—representing more than a 19% increase over the previous year—in more than 966 companies. A majority of these companies reside in the life sciences, Internet, and alternative energy sectors.

In today's weak job market, VC is more important than ever, since financing new tech, alternative energy, media, and other small to mid-sized companies is vital to creating new jobs.

In his new book , The Little Book of Venture Capital Investing: Empowering Economic Growth and Investment Portfolios (Wiley, January 2014, $22.95), authorLou Gerken, a noted international authority on venture capital and alternative investments, tells the reader everything they need to know about the venture capital industry's important role in enhancing economic growth and employment. It is also the perfect go to primer on making venture capital investments to enhance portfolio returns.

Among much more, The Little Book of Venture Capital Investing:

  • Clearly explains the ins and outs of venture capital in today's more risk-averse, highly regulated climate
  • Offers expert advice and guidance on venture capital exposure and investment options
  • Describes proven investment selection, timing, monitoring, and exiting strategies for achieving optimum returns
  • Shows you how to spot the most promising investments in both new and emerging industries and economies as well as long-established ones
  • Explains how to make venture capital investing an integral part of your overall portfolio management strategy
  • Offers proven techniques for using VC investing to significantly enhance portfolio returns while reducing investment risk in bull, bear, and sideways markets
  • Supplies real-world examples and case studies of successful (and a few not-so-successful) VC investment strategies across a range of industry sectors

Written by one of today's most listened-to experts on direct investment opportunities globally, this book is a key guide to confidently surfing the new wave of VC investing for market-beating returns, year in and year out. 

 

The Little Book of Venture Capital Investing

By Lou Gerken

Wiley; January 2014; $22.95

ISBN: 978-1-118-55198-1, available in all e-reader formats

 

 

See More
Back to Top