The Venture Capital Aptitude Test (VCAT)

Here’s Guy Kawasaki’s advice to all the Biffs, Sebastians, Brooks, and Tiffanys who want to be kingmakers: “Venture capital is something to do at the end of your career, not the beginning. It should be your last job, not your first.” He’s also concocted the venture Capital Aptitude Test (VCAT) to help people decide whether they are right for the venture capital business.

VCDB

Sometimes venture capital can be a little intimidating. It’s hard to know where to start and whom to approach. And it can be hard to cut through the noise in order to reach investors. This application aims to help by aggregating biographical, and other basic information on many of the venture investors located in the US. A simple search can take you one step closer … [ Read more ]

Venture Fund Economics: Gross and Net Returns

Fred Wilson follows up his original venture economic post with this look at venture returns, specifically the impact on returns of management fees and carry.

Venture Fund Economics

Fred Wilson explains the basics of venture fund economics. It appears to be the first of several posts he’s planning to write on this topic. [Hat Tip to Brad Feld]