Risk and Reward in Venture Capital.pdfVIP

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Risk and Reward in Venture Capital

_______ Professo Copyrig write Ha photoco W I L L I A Ris Ov appro durin have a Th ventu limite taking The Ve indivi for in analy ______________ r William A. Sahlm ht ? 2010 Presiden rvard Business Sc pied, or otherwise M A . S A H L M A N k and er the pas ximately $43 g that period lso been som e purpose of re capitalists d and gener into accoun Stylized F nture capita dual investm vestors. Som sis to follow: ? Ventur coming ? Mortali ? Ventur same b ? The gre deal of lockup ? Deal st the pro most to perform ______________ an prepared this n t and Fellows of H hool Publishing, Bo reproduced, poste Rewar t fifteen ye 0 billion in , including Y e notable flo this note is t . The note w al partners t managemen acts of Ve l is an allur ents and on e summary e capital inve from a relati ty rates are h e capitalists t asic opportun atest returns the ultimate period and b ructures and fitability of i each owner ance of the c ______________ ote as the basis fo arvard College. T ston, MA 02163, o d, or transmitted, w d in Ve ars (1995-20 20,000 compa ahoo, Googl ps like Webv o provide som ill provide da of venture c t fees, expen nture Cap ing asset cla diversified p statements sting is a “hi vely small nu igh – over 50 end to “floo ity, each asp come when gains being g eyond). prices paid a ndividual in category is t ompany, and _______________ r class discussion. o order copies or r go to www.hbsp ithout the permis nture 09), profess nies.1 Some e, Juniper Ne an, P e insights in ta on payoffs apital funds ses, and prof ital Inves ss because ortfolios. It i about the in ts” business, mber of spec % - and may d” sectors by iring to gain portfolio co enerated aft t each stage vestments or he terminal the state of ______________ request permission ./edu sion of Harvard Bu Capital ional ventu remarkable tworks, Skyp and Segway. to payoff pa on individu comprising it-sharing arr ting of the poten s also an asse dust

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