Venture Capital Due Diligence
"The process of making investment decisions encompasses the heart and soul of venture capital."
-Standish H. O'Grady
Senior Managing Director, Granite Ventures
Venture capitalists and other types of venture investors work very hard to uncover every critical aspect of a company that they consider an investment opportunity. This informing process has come to be called "venture capital due diligence."
Venture Capital Due Diligence: A Guide to Making Smart Investment Choices and Increasing Your Portfolio Returns provides you with a clear and complete explanation of the venture capital (VC) due diligence process and shows you how to use this process to properly assess investment opportunities, make smart investment decisions, and increase the return on your overall venture capital portfolio. Straight from the world's most successful venture capitalists, the advice in this book will show you how to assess the quality of a deal by using proven screening mechanisms, and will familiarize you with the methods for gauging the compatibility of a given opportunity with your investment strategy and portfolio. You'll also learn how to perform VC due diligence on other aspects of a company, including management, business model, product, and legal issues, as well as the intangibles of a company, such as focus, momentum, and buzz. Rounding out the process of VC due diligence, this valuable resource shows you how to analyze financial statements-both historical and pro forma-handle ownership issues, and perform the important function of valuation.
Venture Capital Due Diligence is structured around a number of carefully crafted questions that venture capitalists often ask when performing due diligence-questions that are logically organized throughout the book in the way venture capitalists usually address them. Each question puts you-the reader-in the position of a venture capitalist conducting due diligence on a particular company, so that you may gain a thorough understanding of how venture capitalists realistically perform this type of important function.
Discussion of these questions and their possible answers allows you to explore the variety of different avenues available during each step of the VC due diligence process. These discussions pull together the opinions of many of the major players in today's venture capital community, including:
* John Doerr of Kleiner Perkins Caufield & Byers
* Don Valentine of Sequoia Capital
* Kevin Fong of the Mayfield Fund
Venture Capital Due Diligence provides a rigorous VC due diligence framework along with a set of tools, techniques, tip sheets, and checklists that can be customized to fit your personal investment criteria or the practice of your firm. This unique, practical resource clearly outlines the VC due diligence process and shows you how to use it to make informed, accurate, and profitable investment decisions.
Due Diligence ist ein Prüfverfahren, mit dessen Hilfe Investoren die wirtschaftliche und finanzielle Situation des zu finanzierenden Unternehmens genau durchleuchten, um solide Investmententscheidungen zu treffen. "Venture Capital Due Diligence" ist ein praktischer Leitfaden zum Due Diligence Prozess. Er erläutert ausführlich das strenge Regelwerk dieses Prüfverfahrens und zeigt dem Leser, wie er diese Technik in der Praxis einsetzt, um damit Investmentchancen zu bewerten und die Rentabilität seiner Kapitalanlage (ROI - Return on Investment) einzuschätzen. Mit Tipps, Ratschlägen und Checklisten, die von den international erfolgreichsten Wagniskapitalgebern zusammengestellt wurden sowie einem Fragenkatalog, der die wichtigsten Kriterien des Due Diligence Prozesses beinhaltet. "Venture Capital Due Diligence" ist ein unentbehrlicher Ratgeber für alle Venture Capitalists, professionelle Investoren und Finanzgeber.
Justin J. Camp
Beteiligungsfinanzierung Finance & Investments Finanz- u. Anlagewesen Investments & Securities Kapitalanlagen u. Wertpapiere