The Venture Capital Investment Process Principles and Practice

by Klonowski, Darek

• ISBN13: 9781137320551
• ISBN10: 1137320559
• Format: Paperback
• Copyright: 2013-01-08
• Publisher: Palgrave Macmillan

Summary

The completion of a successful venture capital transaction is no easy task, requiring the venture capitalist to simultaneously play the part of both coach and negotiator with the entrepreneur while ensuring that the deal passes the scrutiny of the fund. Klonowski provides one of the most comprehensive overviews of the internal and external challenges of processing venture capital deals, providing an eight stage investment model that breaks down each part of the deal into its own specific challenges and rewards.

Author Biography

Darek Klonowski is a professor of Business Administration at Brandon University, Canada. He has worked in the venture capital industry for over fifteen years. Dr. Klonowski also advised multiple clients on asset allocation strategies in the context of private equity and venture capital. He has participated in numerous industry conferences as guest speaker. He has written extensively on entrepreneurship and venture capital. His research appeared, among others, in Journal of Private Equity, Venture Capital: An International Journal of Entrepreneurial Finance, Journal of Applied Corporate Finance. His latest books include 'Private equity in Poland: Winning leadership in emerging markets' (2011) and 'Private equity in emerging markets: The new frontiers of international finance' (2012).

Table of Contents

Foreword
Introduction
An Overview of the Venture Capital Investment Process
Deal Generation
Initial Screening
Due Diligence Phase I and Internal Approval
Pre-Approval Completions
Due Diligence Phase II and Internal Approvals
Deal Completion
Monitoring
Exiting
New Frontiers in Venture Capital Investing