tai文档新wan财务管理_lecture14(ch14).pptVIP

Topics Covered Venture Capital The Initial Public Offering The Underwriters General Cash Offers The Private Placement Venture Capital Since success of a new firm is highly dependent on the effort of the managers, restrictions are placed on management by the venture capital company and funds are usually dispersed in stages, after a certain level of success is achieved. Venture Capital Venture Capital Initial Offering Initial Public Offering (IPO) - First offering of stock to the general public. Underwriter - Firm that buys an issue of securities from a company and resells it to the public. Spr