The venture capital cycle

Published: Sep 24, 1999
Abstract
venture captial industry in the United States has grown dramatically over the last two decades. Annual inflows to venture funds have expanded from virtually zero in the mid-1970s to more than US$9 billion in 1997. Many of the most visible new firms -including Apple Computer, Genentech, Intel, Lotus, Microsoft and Yahoo - have been backed by venture capital funds. Yet despite this tremendous growth and its visible success, venture capital remains...
Paper Details
Title
The venture capital cycle
Published Date
Sep 24, 1999
Journal
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