Venture Capital, Private Equity, and the Financing of
Entrepreneurship stems from a realization that private equity
overall - defined in this volume as venture capital and buyouts but
excluding hedge funds - has become a vastly more sizable and influential
part of the global economic landscape over the past two decades.
The text explores the world of active investing and showcases ways of
doing business in a clear and concise manner. With more than 60 years of
combined experience as practitioners in and/or academic investigators of
private equity, Lerner, Leamon, and Hardymon explain how the
fascinating world of private equity works, from start to finish, how it
creates value, and where it may destroy value.