Confessions of a Venture Capitalist

Venture Capitalists are often called Vulture Capitalistsventure capitalists will work with many companies at
and until you read the book: Confessions of aone time expecting that one or two may make it to
Venture Capitalist, Inside the high-stakes world ofa huge payout. The rest they expect to either break
start-up financing by Ruthann Quindlen; well youeven or lose money and they will eventually dump.
probably will never understand how they got thatThe world of venture capitalists is about return on
slanderous title. In the book Ruthann explains what itinvestment in a very short time period and they are
was like working in Silicon Valley in a Venture Capitalnot looking for just making a profit they are looking
Company prior to the dot com bubble burst.to make 10 times or more the money they invested.
If you are considering getting venture capital for yourThere are many venture capital firms and often they
startup company then perhaps you should read thisbet on the jockey and not just the horse. A business
book. After all would you like to sit down for a cupidea or concept may be very good, but if the
of coffee with a venture capitalist who has been inentrepreneur is unworkable the venture capitalists will
the industry for years before you go in pitch yourhave to pass. Please consider all this in 2006.
business plan? In the book they describe how