u003cpu003eu003cbu003eThe new edition of the definitive guide for venture capital practitioners—covers the entire process of venture firm formation & management, fund-raising, portfolio construction, value creation, and exit strategiesu003c/bu003eu003c/pu003e u003cpu003eSince its initial publication, u003ciu003eThe Business of Venture Capitalu003c/iu003e has been hailed as the definitive, most comprehensive book on the subject. Now in its third edition, this market-leading text explains the multiple facets of the business of venture capital, from raising venture funds, to structuring investments, to generating consistent returns, to evaluating exit strategies. Author and VC Mahendra Ramsinghani who has invested in startups and venture funds for over a decade, offers best practices from experts on the front lines of this business.u003c/pu003e u003cpu003eThis fully-updated edition includes fresh perspectives on the Softbank effect, career paths for young professionals, case studies and cultural disasters, investment models, epic failures, and more. Readers are guided through each stage of the VC process, supported by a companion website containing tools such as the LP-GP Fund Due Diligence Checklist, the Investment Due Diligence Checklist, an Investment Summary format, and links to white papers and other industry guidelines. Designed for experienced practitioners, angels, devils, and novices alike, this valuable resource:u003c/pu003e u003culu003e u003cliu003eIdentifies the key attributes of a VC professional and the arc of an investor’s careeru003c/liu003e u003cliu003eCovers the art of raising a venture fund, identifying anchor investors, fund due diligence, negotiating fund investment terms with limited partners, and moreu003c/liu003e u003cliu003eExamines the distinct aspects of portfolio construction and value creationu003c/liu003e u003cliu003eBalances technical analyses and real-world insightsu003c/liu003e u003cliu003eFeatures interviews, personal stories, anecdotes, and wisdom from leading venture capitalistsu003c/liu003e u003c/ulu003e u003cpu003eu003ciu003eThe Business of Venture Capital, Third Edition u003c/iu003eis a must-read book for anyone seeking to raise a venture fund or pursue a career in venture capital, as well as practicing venture capitalists, angel investors or devils alike, limited partners, attorneys, start-up entrepreneurs, and MBA students. u003c/pu003e