The venture capital industry has four main players:
1) entrepreneurs who need funding;
2) investors who want high returns;
3) investment bankers who need companies to sell; and
4) the venture capitalists who make money for themselves by making a market for the other three.
Written in 1998, this is a classic by Harvard Business Review on “How the Venture Capital Industry Works” –
Great read for anyone that wants a birds-eye view on how the industry works.
Click here to view the original Linkedin post.
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