This brief book offers a sound introduction to the fundamentals of venture capital investing. Though it emphasizes the United Kingdom, it illustrates the state of the venture capital business in other nations as well. Richard Thompson gives a straightforward explanation of what “real venture capital” is. He distinguishes venture capital for new business development from private equity, or refinancing, for established companies. Case studies and anecdotes from the author’s own experience support his plain, commonsense recommendations. While this book will be particularly appropriate for readers in the U.K., getAbstract also recommends it to any reader seeking a short, practical guide to the business of investing venture capital.
About the Author
Richard Thompson is a Cambridge science graduate who subsequently qualified in both chartered engineering and management consultancy. He has co-founded and chaired several successful venture capital firms over a 30-year span.