Title
VC : an American history / Tom Nicholas.
ISBN
9780674240100 (electronic book)
0674240103 (electronic book)
9780674988002
0674988000
Published
Cambridge, Massachusetts : Harvard University Press, 2019.
Language
English
Description
1 online resource
Call Number
HG4751 .N525 2019eb
Dewey Decimal Classification
332/.041540973
Summary
VC tells the riveting story of how the venture capital industry arose from the United States' long-running orientation toward entrepreneurship. From nineteenth-century whaling to the multitude of firms pursuing entrepreneurial finance today, venture capital has been driven by the pull of low-probability but substantial financial rewards. Appreciating the history of venture capital, Tom Nicholas shows, is essential to understanding the industry's future directions and possibilities, its challenges and prospects for surmounting them, and its place in America's exceptional style of capitalism.-- Provided by publisher.
Bibliography, etc. Note
Includes bibliographical references and index.
Access Note
Access limited to authorized users.
Source of Description
Description based on print version record.
Introduction: The significance of history
Whaling ventures
The early development of risk capital
The rise of private capital entities
The market versus the government
The limited partnership structure
Silicon Valley and the emergence of investment styles
Venture capital during the 1980s
The big bubble
Epilogue: From the past to the present and the future.
