Summary of Louis C. Gerken & Wesley A. Whittaker's The Little Book of Venture Capital Investing

By IRB Media

Please note: This is a companion version & not the original book.

Book Preview: #1 An historical overview of venture capital is important because it allows us to view the present through the lens of the past, which in turn allows us to better understand the future.

#2 Businesses are started in a similar fashion today. The difference is that today, seed capital is provided by investors. These investors provide money to the business in exchange for convertible debt or a stake in the company.

#3 Investing your money and putting it to work will make you wealthy. If you don't work, spend, and save, your money will eventually become worthless.

#4 The venture capital industry, which pools capital from many investors to invest in new businesses, began in the United States in the early 1900s, and today it is a $300 billion industry.

• Language: English
• Publisher: IRB Media
• Release date: Feb 12, 2022
• ISBN: 9781669346821

IRB Media

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Book preview

Insights on Louis C. Gerken and Wesley A. Whittaker's The little book of venture capital investing

Contents

Insights from Chapter 1

Insights from Chapter 2

Insights from Chapter 3

Insights from Chapter 4

Insights from Chapter 5

Insights from Chapter 6

Insights from Chapter 7

Insights from Chapter 8

Insights from Chapter 9

Insights from Chapter 1

#1

An historical overview of venture capital is important because it allows us to view the present through the lens of the past, which in turn allows us to better understand the future.

#2

Businesses are started in a similar fashion today. The difference is that today, seed capital is provided by investors. These investors provide money to the business in exchange for convertible debt or a stake in the company.

#3

Investing your money and putting it to work will make you wealthy. If you don't work, spend, and save, your money will eventually become worthless.

#4

The venture capital industry, which pools capital from many investors to invest in new businesses, began in the United States in the early 1900s, and today it is a $300 billion industry.

#5

The American Research and Development Corporation was the first venture capital firm, having been founded in 1946 by Georges Doriot. It was followed by the J. H. Whitney Company in 1952, which was the first venture capital fund set up by a corporation.

#6

The entire venture capital industry has evolved from these types of relationships between individuals who work at different firms.

#7

In October 1957, eight of the top young engineers left Shockley Semiconductor Laboratory to found Fairchild Semiconductor.

#8

The book