The Venture Capital Investment Process

1. Front Matter

   Pages i-xii

   PDF

2. Introduction

   • Darek Klonowski

   Pages 1-24

3. An Overview of the Venture Capital Investment Process

   • Darek Klonowski

   Pages 25-54

4. Deal Generation

   • Darek Klonowski

   Pages 55-76

5. Initial Screening

   • Darek Klonowski

   Pages 77-104

6. Due Diligence Phase I and Internal Feedback

   • Darek Klonowski

   Pages 105-136

7. Pre-Approval Completions

   • Darek Klonowski

   Pages 137-166

8. Due Diligence Phase II and Internal Approvals

   • Darek Klonowski

   Pages 167-186

9. Deal Completion

   • Darek Klonowski

   Pages 187-206

10. Monitoring

    • Darek Klonowski

    Pages 207-234

11. Exiting

    • Darek Klonowski

    Pages 235-256

12. New Frontiers in Venture Capital and Private Equity Investing

    • Darek Klonowski

    Pages 257-269

13. Back Matter

    Pages 271-274

    PDF

The book provides one of the most comprehensive overviews of the internal and external challenges of processing venture capital deals, providing an eight stage investment model that breaks down each part of the deal into its own specific challenges and rewards.

• capital
• Investment
• venture capital
• investments and securities

"Klonowski takes a different tack in this interesteing book...His chapters on due diligence will help any entrepreneur understand the questions venture capitalists will ask when they are considering an investment...Highly reconommended." - Choice

"Professor Klonowski has written an in depth analysis of the venture capital process providing a useful perspective for both entrepreneurs and venture capitalists alike." - Terry McGuire, Chairman, National Venture Capital Association, General Partner, Polaris Venture Partners

"An insider's look into processing a deal in the private equity and venture capital industry. Klonowski has both the academic knowledge and first-hand experience as a venture capitalist." - Douglas Cumming, Associate Professor and Ontario Research Chair York University

"Private equity and venture capital hold an important role in the economy by driving productivity, innovation and job creation. Professor Klonowski provides a comprehensive overview to the inner workings of the private capital process." - Gregory J. Smith, President, Canada's Venture Capital and Private Equity Association Managing Partner, Brookfield Financial

Darek Klonowski is a professor of Business Administration at Brandon University, Canada. He has worked in the venture capital industry for over fifteen years. Dr. Klonowski also advised multiple clients on asset allocation strategies in the context of private equity and venture capital. He has participated in numerous industry conferences as guest speaker. He has written extensively on entrepreneurship and venture capital. His research appeared, among others, in Journal of Private Equity, Venture Capital: An International Journal of Entrepreneurial Finance, Journal of Applied Corporate Finance. His latest books include 'Private equity in Poland: Winning leadership in emerging markets' (2011) and 'Private equity in emerging markets: The new frontiers of international finance' (2012).

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