Venture Capital : The Complete Guide for Investors

Published by Wiley & Sons, Incorporated, John, 1985, hardcover, index, 259 pages, condition: as new.

The first guide through the principles and process of successful investing in entrepreneurial companies, from the viewpoint of a venture capitalist. Silver's Four Laws of Venture Capital, plus in-depth discussions on forming the management team, raising funds to invest, generating a local deal flow, and other valuable information provide a rigorously thorough treatment of this recently popular subject.

The core of this book is its due diligence section, talking about how venture capitalists must analyze three aspects of every startup, the size of the problem, the quality of the solution, and the capacity of the management team. This is an eye opening formula. Silver goes into depth for each of these factors and describes common mistakes of entrepreneurs, such as creating a solution in search of a problem, or optimistic revenue projections with only half of their actual COGS accounted for and so on.