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The Money of Invention: How Venture Capital Creates New Wealth Hardcover – November 15, 2001
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From the Back Cover
-Arthur Rock, Venture Capitalist
"Gompers and Lerner give valuable historical accounts coupled with insightful observations about the future of an industry that is still in its infancy-but growing up fast."
-Peter O. Crisp, Founder and former Managing Partner, Venrock Associates
"Gompers and Lerner provide a broad overview of the venture capital industry, offering valuable insights for anyone from seasoned practitioners to interested market observers. Richly illustrated with real-life examples, The Money of Invention fulfills a critical need with its treatment of the past, present, and future of an important factor in the world economy."
-David F. Swensen, Chief Investment Officer, Yale University, and Author of Pioneering Portfolio Management
About the Author
About the Author Josh Lerner, a Professor of Business Administration at the Harvard Business School, is one of the best known authorities on venture capital. Both his academic studies and practical activities focus on the structure and workings of these funds. This mix of practical and academic perspectives is at the heart of this volume as well.
Top Customer Reviews
It is written, organized, and executed at perfect pitch and should be read by anyone considering taking the plunge into entrepreneurship, pursuing a career as a VC, or simply wanting to know more about the complexities and true nature of venture capital.
As venture capital gradually becomes more plentiful in the next 24 months, reviewing this work should be required of serious-minded professionals.
Anyone who is launching a new venture should bypass the "How To Write A Business Plan" books and pick up a copy.