NVST Private Equity InfoBase

NVST, publishers of well-known journals in the private equity field including Buyouts, Mergers and Acquisitions, and Venture Capital Journal offer valuable free information on its Web site. (Access to its print publications and research studies require a paid subscription.) The Private Equity Infobase is a library of articles on topics of interest to entrepreneurs, especially in the area of raising capital. The articles themselves come … [ Read more ]

There’s Still Too Much Venture Investing

A somewhat topical piece on VC but offers an interesting historical perspective on VC spending levels and associated returns.

Mind the Perils of Organizational Growth

You’ve managed to overcome the early problems of survival, but now how do you build the business? Many firms face the same challenges. Prof. Donnellon provides insights and solutions on key problems like:

  1. Finding experienced people
  2. Affording the people you want
  3. How to effectively organize your people
  4. preserving an effective culture

The Downside to the Upside

Venture Capitalists Always Find Something To Complain About

Money maketh the Internet firm: how funding impacts culture

A quick look at culture implications of the three primary funding models for startups:
– Self-funding from the entrepreneur’s personal resources and “friends and family”
– Funding from venture capital firms
– Funding from larger corporate and governmental agencies

Howard Aiken

Don’t worry about people stealing your ideas. If your ideas are any good, you’ll have to ram them down people’s throats.

The Smart VC: Don’t get jerked around

At a time when most entrepreneurs will jump like trained poodles to be rewarded by venture capitalists, Reed Taussig refuses to say, “How high?” He has created his own set of rules for VCs who want to work with him.

The House that Branson Built: Virgin’s Entry Into the New Millennium

Anyone can make music, but when the orchestral baton rests in the hands of someone like Richard Branson (entrepreneur of the Virgin Group), the resulting sound is more than musical – it’s magical. INSEAD Professor Manfred Kets de Vries examines the inner-workings of this successful entrepreneur and the evolution of Virgin – from one leader to more “systematic” management.

IPO and VC Questions and Answers

Questions include:
What is a “double trigger”?
What is a secondary offering?
What is a “limit order”?
What is “spinning” and how does it relate to IPOs?
How low can a company’s stock price go before it runs the risk of being de-listed?
What is a “pre-syndicate bid”?
What is a “direct public offering”?
What is a private placement?
What is a syndicate?
When is … [ Read more ]

From the Garage to the Boardroom: The Entrepreneurial Roots of America’s Largest Corporations (.pdf)

The NCOE has released From the Garage to the Boardroom: The Entrepreneurial Roots of America’s Largest Corporations, a new report that found most of America’s big corporations today trace back to one or more entrepreneurial founders. The NCOE’s report shows that entrepreneurship “lies at the very heart” of America’s business structure, and that it is the high-growth start-ups of today — like many of their … [ Read more ]

The Smart VC: Down But Not Out

It’s a battle that will never end. Entrepreneurs complain that venture capitalists are ripping them off when they do follow-on rounds at reduced valuations. VCs say they’re doing the entrepreneurs a favor just by doing the round, because the alternative is for the startup to go belly-up. You’ve heard a lot from VCs in this column explaining how they make sure that the management of … [ Read more ]

The Road to Serfdom