AVentureCapitalPrimerforSmallBusiness（一）.pdfVIP

A Venture Capital Primer for Small Business Financial Management Series U. S. Small Business Administration April 2009 Helping Small Business Start, Grow and Succeed A Venture Capital Primer for Small Business Financial Management Series FM -5 LaRue Tone Hosmer Professor and Chairman Graduate School of Business Administration The University of Michigan Ann Arbor, Michigan __________________________________________________________________________________________ No part of this publication may be reproduced, transmitted or transcribed without permission of the author. SBA retains an irrevocable, worldwide, nonexclusive royalty-free, unlimited license to use this copyrighted material. While we consider the contents of this publication to be of general merit, its sponsorship by the U.S. Small Business Administration does not necessarily constitute an endorsement of the views and opinions of the authors or the products and services of the companies with which they are affiliated. All of SBAs programs and services are extended to the public on a nondiscriminatory basis. __________________________________________________________________________________________ Office of Entrepreneurship Education April 2009 U.S. Small Business Administration 2 TABLE OF CONTENTS INTRODUCTION