Venture Capital at the Crossroads

The authors examine the venture capital industry & its role in the creation of new businesses. They provide original research on the dimensions of the industry, how it has expanded & contracted dramatically over the past two decades, & how the risk-taking & time perspectives of its practitioners are changing. They contrast the practices of classic venture capitalists with those of the currently fashionable merchant capitalists. The book also contains analysis of several other topics that scholars & venture financiers will find of value: 1) the regional economic impact of new ventures; 2) rates of return for venture capital over several decades; & 3) the growth & unique practices of venture financing outside the United States.Timmons, Jeffry A. is the author of 'Venture Capital at the Crossroads' with ISBN 9780875843049 and ISBN 0875843042.