Venture capital at a new crossroads: Lessons from the Bubble

Author: Green Jason  

Publisher: Emerald Group Publishing Ltd

ISSN: 0262-1711

Source: The Journal of Management Development, Vol.23, Iss.10, 2004-12, pp. : 972-976

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Abstract

Asserts that the venture capital industry is an essential source of capital for new enterprises and a major engine of growth in the US economy. Its decisions are based on an assessment of the prospects of the enterprises it decides to support, of their products and markets and the facilities they will need. Outlines six lessons for the industry.