Venture Capital at the Crossroads

Since 1980 fast-growing entrepreneurial companies have accounted for the majority of new jobs created in the USA. Venture captial has played a vital part in this phenomenon. This book examines the role of venture capital in the creation of the new businesses. It provides information on the size of the industry and how risk-taking and the time perspectives of its practitioners are changing, and shows how venture capital is more than a question of lending money.