Venture Capital and the Finance of Innovation

by Andrew Metrick

While Venture Capital is not the golden egg that it was a decade ago, there is compelling evidence that the best Venture Capitalist's consistently beat the odds and deliver value to their inventors. This book uncovers the basic financial models that drive Venture Capital decisions and in the process deepen the readers understanding of the financial principles underpinning these models.

Beginning with a comprehensive guide to understanding Venture Capital, Metrick uses this background to present an understanding of the application of Valuation. Included are comprehensive coverage and understanding of Total Valuation, Partial Valuation, and the Finance of Innovation.

Genres: Finance, Business, Economics, Nonfiction, Textbooks

592 pages, Hardcover

First published September 22, 2006

Reviews

[Nicholas]

I wasn't really expecting to be reading about the CAPM model in this book, but the "banana tree" scenario is about as simple an explanation of the ideas underpinning the model as I believe possible.

[Sean]

I thought an extremely useful book and good course.