Venture Capital Strategy: How to Think Like a Venture Capitalist

Understanding how venture capital works in our economy can be of benefit to a wide variety of readers, from entrepreneurs to corporate decision-makers and everyone in between. This book treats venture capital as a topic of entrepreneurial strategy, not finance, and includes a background of the industry, an explanation of all aspect of the "VC Job Cycle" and a framework called “VC Razor” for performing due diligence. Learning how to think like a venture capitalist can help anyone become a better decision-maker. "After a decade of fronting a band and then more than a decade running a spectacular VC educational program, Patrick brings an educator's perspective and an entertainer's sensibilities to his overview of venture capital. VC Strategy will help anyone new to the industry understand how to think like a VC."Jason Mendelson, Foundry Group, Co-Author: Venture Deals, Know More Than Your Lawyer or Venture Capitalist"Well organized, clearly articulated, this volume spans the gamut from beginner's overview to expert's guidebook. Venture Capital has never been more important, and this volume could not have been more timely."Jerome Engel, UC Berkeley Haas School of Business"Patrick lays out important concepts and insights in an easy to understand and digest form. As he clearly articulates in the book, the way that venture capitalists think is valuable to anyone in business."John F. Clarke, Dean of Graduate Programs, Tulane University