East Meets West: A Look at China’s Venture Capital Industry

China’s venture capital industry is a recent phenomenon emerging from decades of government-led technology policy. This working paper traces the roots of the existing system of funding and compare the new types of VC structures that have come on the scene to finance and nurture technology-based firms.

In International Private Equity Deals, Finding the Right Managers Is Key

Private equity investment in international markets comes with the same risks and rewards that it does in local ones – only more so, according to speakers on a panel entitled, “Go Local to Be Global,” at the Wharton Private Equity Conference in January. To profit from global economic growth, private-equity investors need strong people on the ground to source potential deals and nurture new companies. … [ Read more ]

Top Ten Mistakes Made by Entrepreneurs

The life of a startup can be precarious, a wrong turn disastrous. Harvard Business School professor Constance Bagley discusses the most frequent flops made by entrepreneurs, everything from hiring the wrong lawyer to puffing up the business plan.

Beyond the Big Idea: Performance Predictors in Entrepreneurial Firms

When we look at entrepreneurial companies we often focus on the obvious: what they do or sell. “What a great idea”, we say about the people who thought up eBay, “Why didn’t I think of that”?, we lament, while watching scooters fly off the shelves. But coming up with a bright idea is just part of the picture, say Professors Christoph Zott and … [ Read more ]

Small Business Development Center National Information Clearinghouse

The mission of the Small Business Development Center National Information Clearinghouse (SBDCNET) is to meet the information needs of the SBDC community in the United States and its territories. SBDCNET serves as a resource providing timely, relevant research, web-based information, and training to SBDC counselors and their small business clients.

The goals of SBDCNET are to:
– support the SBDC Counselor with research and … [ Read more ]

Innovation and the Economics of Good Enough

“Welcome to the ‘good enough’ economy, where the likelihood that a technological innovation will be taken up depends on how well it answers six critical questions.”

Seat of the Pants

Everyone says that before you launch a company, you’ve got to write a business plan. So how come so many Inc 500 CEOs skipped that sober exercise?

Larry Ellison: A Samurai Warrior in Silicon Valley

Sex, death and dominance. One may say that these are the major themes of Oracle founder Larry Ellison’s life. But the headline-grabbing bad-boy image often overshadows a stark reality: the man is a brilliant entrepreneur, who created the world’s second-largest software company. Professor Manfred Kets de Vries and Elizabeth Florent-Treacy pick up the story in this new case.

Universities: Your New Best Friend

Are you looking for venture capital? Searching for start-up advice? Seeking the latest fast-track technology? Well, you might try your local college campus, where fundamental changes in the way academics view business are creating rich resources for company builders.

CargoExchange.Net Pte Ltd

Nearly every entrepreneur faces this dilemma at one point or another: continue borrowing to keep the company afloat or face reality, pay out creditors, and call it a day. For Singaporean serial entrepreneur, Marianna Tan, the day of reckoning came in February 2001. As Professor Michael Pich and Mei Qi explain in this recent case, Tan’s company, CargoExchange.Net Pte Ltd, had just enough … [ Read more ]

Lernout & Hauspie Speech Products, NV: Financing from Start-up through IPO

In 1995, Lernout & Hauspie Speech Products (L&H) was poised for an Initial Public Offering (IPO) on the NASDAQ, home to industry heavyweights like Microsoft and Intel. If the IPO were to be successful, L&H would be the first Belgian company ever to list on the venerable stock exchange. For L&H, the IPO was a key milestone in its remarkable history. Since … [ Read more ]

Battery Ventures Cuts Heads, Fees

Though topical, this article does introduce/discuss the so-called clawback provisions in most venture capital partnership agreements and their implication when funds perform poorly.

Why VC Will Get Uglier

If you want to understand the future of the VC industry, says Ted Dintersmith, you first need to take a short tour of its past.

Start-Up Kits

These kits offer industry, market, and operations information for over 40 types of businesses. The site includes how-to guides with comments from successful entrepreneurs, suggestions for researching business opportunities and creating a business plan, and links to associations and franchises. It also features an e-mail service for an expert’s advice about starting out, sales and marketing, management and operations, and other matters.

Editor’s Note: most … [ Read more ]