Raising Venture Capital Finance in Europe

Arundale (formerly of PricewaterhouseCoopers) provides a layman's introduction to the European venture capital process for practicing entrepreneurs, students in entrepreneurship and finance, institutional investors, and professional business advisers in Europe. He opens with a general outline of the current status of private equity and venture capital investing in Europe, how the industry is funded, and the performance of the different types of funds. Subsequent chapters cover early stage and technology investing; the management team, the market, and the technology as vital ingredients to a sustainable investment proposition; non-venture capital sources of finance including business angels and government grants and assistance; the venture capital process from private equity firm selection to due diligence; tax and legal aspects of private equity deals; entrepreneur-investor relations; and management team exit routes (focusing on the trade sale and going public). Annotation ©2007 Book News, Inc., Portland, OR (booknews.com)