Venture Capital, Private Equity, and the Financing of Entrepreneurship

Josh Lerner, Ann Leamon, Felda Hardymon

• Publisher: Wiley
• Year: 2012
• Print ISBN: 9780470591437
• eBook ISBN: 9781118213506
• Edition: 1
• Topic: Business
• Subtopic: Corporate Finance
• Index: Business

Venture Capital, Private Equity, and the Financing of Entrepreneurship stems from a realization that private equity overall - defined in this volume as venture capital and buyouts but excluding hedge funds - has become a vastly more sizable and influential part of the global economic landscape over the past two decades. The text explores the world of active investing and showcases ways of doing business in a clear and concise manner. With more than 60 years of combined experience as practitioners in and/or academic investigators of private equity, Lerner, Leamon, and Hardymon explain how the fascinating world of private equity works, from start to finish, how it creates value, and where it may destroy value.

Table of contents

• Copyright
• Preface
• Acknowledgments
• About the Authors
• Brief Contents
• Table of Contents
• Chapter 1. Introduction
• Chapter 2. The Private Equity Cycle—Fund-Raising and Fund Choosing
• Chapter 3. Deal Sourcing and Evaluation—Not as Easy as it Looks
• Chapter 4. Assigning Value
• Chapter 5. Deal Structuring—Private Equity Securities and Their Motivation
• Chapter 6. After the Money Arrives
• Chapter 7. Achieving Liquidity—Exits and Distributions
• Chapter 8. The Globalization of Venture Capital and Private Equity
• Chapter 9. Risk and Return
• Chapter 10. The Impact of Private Equity on Society—Does This Really Matter Anyway?
• Chapter 11. People, Positions and Culture—Management of the Private Equity Firm
• Chapter 12. Scaling and Institutionalization
• Chapter 13. Boom and Bust
• Chapter 14. Wrapping Up
• Glossary
• Index