Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
Research Institutions
Self-financed
Angel Investors
Venture Capitalists
Private Equity
Public Equity
Banks
Research Institutions
Advantages:
allows companies to access situations otherwise
closed to “high risk” investments
someone to share the risk
ensures better analytical discipline
access to investor’s network of financiers,
customers, suppliers advisers
Pros and Cons
Disadvantages:
high cost of funding if successful
partial loss of control
extra reporting requirements
Venture Capital Investors
Who are they?
Professionally managed investment vehicles
Usually in the form of a limited partnership
What drives their investment decision?
A belief that the entrepreneur is very capable
Management team
Business model
A belief that the idea and market conditions allow for
significant revenue and profit growth
Venture Capital Investors