Summary

The entrepreneur's step-bystep guide to venture capital--where to find it, how to secure it, and what to do with it

Fewer than 40 percent of entrepreneurs seeking new business funding each year actually get that funding. How to Raise Capital improves those odds, providing prospective as well as current business owners with the knowledge they need to prepare an effectiveloan proposal, locate a suitable investor, negotiate and close the deal, and more. The all-star team of entrepreneurial experts behind How to Raise Capital gives readers top-level educational theory with hands-on, real-world knowledge. This thorough examinationof the inner workings of the venture capital industry explores:

Choice Review

The authors (all Babson College) provide an excellent introduction and overview of contemporary capital markets for emerging entrepreneurs. Based on the authors' experience as entrepreneurs and educators, this short, well-written book offers a plethora of examples from both successful and unsuccessful entrepreneurial efforts in thematically developing a step-by-step guide to building and valuing a company and obtaining investment capital. Topics covered include the determination of capital needs, issues critical to a successful financing campaign, the venture capital process, organizational valuation, debt capital, private and public placements, employee stock option plans, and building a great company and harvesting the rewards of successful entrepreneurship. Although oriented toward prospective and practicing entrepreneurs, anyone with an interest in entrepreneurship or business financing--including students, many of whom have an interest in starting their own businesses--will find this engagingly written book of value. It is a useful addition to the literature from both a practical and reference perspective. ^BSumming Up: Highly recommended. Public, undergraduate, and professional library collections. S. R. Kahn University of Cincinnati