Preface Introduction and Rationale Background and History of Venture Capital Other Forms of Private Equity Venture Capital Definitions and Approaches Growth Markets and International Expansion The Commercial Application of Technology Products Entrepreneurs, Managers and Directors The Management of Resources Financial Philosophy and Control Financing and Its Structures Start-Ups Second-Stage Financings Third-Stage Financings Turnrounds Strategic and Other Alliances Flotations Acquisitions and Mergers Trade Sales Case Studies International Niche Businesses International Development International Financing Fund Structures and Management Investment Processes Investment Examples Future Developments The Role of the Venture Capitalist The Role of the Investor The Impact on the Economy Conclusions and Lessons Appendix I - An Early Paper on Venture Capital Appendix II - The Healthcare and Technology Markets Appendix III - Company Boards: Their Role and Structure Appendix IV - Investment Memorandum Formats Appendix V - Examples of Investment Memoranda Glossary of Terms Index