The Venture Capital Cycle

"""Gompers and Lerner bring cutting-edge theory to bear on venture capital practice. The second edition of The Venture Capital Cycle belongs on the bookshelf of academics and practitioners alike."" Ronald J. Gilson, Meyers Professor of Law and Business, Stanford Law School, and Stern Professor of Law and Business, Columbia Law School ""A valuable set of perspectives on financial systems in transition economies from many of the leading scholars in finance.""--Andrei Shleifer, Professor of Economics, Harvard University Praise for the first edition ""Insightful and well documented--excellent reading for veterans as well as anyone exploring this fascinating and challenging 'industry' for the first time. Peter O. Crisp, Founding and Former Managing Partner, Venrock Associates Praise for the first edition: ""Insightful and well documentedexcellent reading for veterans as well as anyone exploring this fascinating and challenging 'industry' for the first time."" Peter O. Crisp , Founding and Former Managing Partner, Venrock Associates ""*The Venture Capital Cycle* provides an accurate, comprehensive, and insightful description of the economics and business of venture capital. This second edition is essential reading for entrepreneurs, venture capitalists, policymakers, and academics interested in the economics of venture capital and innovation.""--Steven N. Kaplan, Neubauer Family Professor of Entrepreneurship and Finance, University of Chicago Graduate School of Business ""Gompers and Lerner bring cutting-edge theory to bear on venture capital practice. The second edition of *The Venture Capital Cycle* belongs on the bookshelf of academics and practitioners alike.""--Ronald J. Gilson, Meyers Professor of Law and Business, Stanford Law School, and Stern Professor of Law and Business, Columbia Law School"