{"product_id":"the-way-of-the-vc-isbn-9780470824993","title":"The Way of the VC","description":"Venture Capital funds are the fastest growing sector of the financial industry, and possibly the least understood. In this book, the author provides a primer on what some of the world's best venture capitalists have in common. How do the world's top venture capitalists consistently obtain supernormal returns? How do they add value to entrepreneurs they have backed? Why is a top venture capitalist like a skilled chef?  \u003cul\u003e \u003cli\u003eHow did Lip Bu Tan, when he was Chairman of Walden, manage to invest in Creative Technology, despite the CEO's aversion for VCs?\u003c\/li\u003e \u003cli\u003eHow did Nam Ho, Founder and Managing Partner of Altos Venture, turn an introduction by a Stanford Business School professor into a venture capital firm managing a quarter billion dollars of capital?\u003c\/li\u003e \u003cli\u003eHow does Bing Gordon, Partner at Kleiner Perkins Caufield \u0026amp; Byers and author of the business plan that resulted in KPCB's investment in Electronic Arts, time exits properly?\u003c\/li\u003e \u003cli\u003eWhy did Soo Boon Koh, Managing Director of IGlobe Ventures, back a GPS company which was filing for Chapter 11, in the post 9-11 market?\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThe \u003ci\u003eWay of the VC: Having Top Venture Capitalists on Your Board\u003c\/i\u003e is essential reading for venture capital practitioners, including partners, principals, analysts, consultants and limited partners--both institutional and private. It is also useful to students of finance who want a better understanding of what goes on in the venture capital world.  \u003c\/p\u003e \u003cp\u003eAcknowledgments ix\u003c\/p\u003e \u003cp\u003eForeword xi\u003c\/p\u003e \u003cp\u003eIntroduction xiii\u003c\/p\u003e \u003cp\u003eChapter 1 The Call to Adventure 1\u003c\/p\u003e \u003cp\u003eChapter 2 Finding the Right Partner at the Right Time: Focus on the Forest, Not the Trees 33\u003c\/p\u003e \u003cp\u003eChapter 3 Transitions in Partnership: A Bridge Over Troubled Waters 73\u003c\/p\u003e \u003cp\u003eChapter 4 Growing Together 115\u003c\/p\u003e \u003cp\u003eChapter 5 Smart Money: The Top VC on Your Board 139\u003c\/p\u003e \u003cp\u003eChapter 6 If You Need to Woo a Turkey Buzzard 167\u003c\/p\u003e \u003cp\u003eChapter 7 The Partnership Becomes Wildly Successful 221\u003c\/p\u003e \u003cp\u003eChapter 8 Conclusion 243\u003c\/p\u003e \u003cp\u003eAppendix 251\u003c\/p\u003e \u003cp\u003eIndex 271\u003c\/p\u003e  \u003cb\u003eYinglan Tan\u003c\/b\u003e was the first director of 3i Venturelab China, a joint-venture between private equity firm 3i (LSE:III) and INSEAD, one of the world's leading business schools. He has also served on the boards of growth ventures in Asia and a U.S. private-equity fund of funds. Yinglan teaches modules on Entrepreneurial Finance and Entrepreneurial Management at Singapore Management University. Educated at Harvard, Stanford and Carnegie Mellon, Yinglan now works with the Singapore Government to enhance the venture capital and entrepreneurship landscape in Singapore.\u003cbr\u003e \u003cbr\u003e Yinglan can be contacted at \u003ca href=\"mailto:yinglantan@stanfordalumni.org\"\u003eyinglantan@stanfordalumni.org\u003c\/a\u003e.\u003cbr\u003e  Venture Capital funds are the fastest growing sector of the financial industry, and possibly the least understood. In this book, the author provides a primer on what some of the world's best venture capitalists have in common. How do the world's top venture capitalists consistently obtain supernormal returns? How do they add value to entrepreneurs they have backed? Why is a top venture capitalist like a skilled chef?  \u003cul\u003e \u003cli\u003eHow did Lip Bu Tan, when he was Chairman of Walden, manage to invest in Creative Technology, despite the CEO's aversion for VCs?\u003c\/li\u003e \u003cli\u003eHow did Nam Ho, Founder and Managing Partner of Altos Venture, turn an introduction by a Stanford Business School professor into a venture capital firm managing a quarter billion dollars of capital?\u003c\/li\u003e \u003cli\u003eHow does Bing Gordon, Partner at Kleiner Perkins Caufield \u0026amp; Byers and author of the business plan that resulted in KPCB's investment in Electronic Arts, time exits properly?\u003c\/li\u003e \u003cli\u003eWhy did Soo Boon Koh, Managing Director of IGlobe Ventures, back a GPS company which was filing for Chapter 11, in the post 9-11 market?\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThe \u003ci\u003eWay of the VC: Having Top Venture Capitalists on Your Board\u003c\/i\u003e is essential reading for venture capital practitioners, including partners, principals, analysts, consultants and limited partners--both institutional and private. It is also useful to students of finance who want a better understanding of what goes on in the venture capital world.\u003c\/p\u003e  Venture Capital funds are the fastest growing sector of the financial industry, and possibly the least understood. In this book, the author provides a primer on what some of the world's best venture capitalists have in common. How do the world's top venture capitalists consistently obtain supernormal returns? How do they add value to entrepreneurs they have backed? Why is a top venture capitalist like a skilled chef?  \u003cul\u003e \u003cli\u003eHow did Lip Bu Tan, when he was Chairman of Walden, manage to invest in Creative Technology, despite the CEO's aversion for VCs?\u003c\/li\u003e \u003cli\u003eHow did Nam Ho, Founder and Managing Partner of Altos Venture, turn an introduction by a Stanford Business School professor into a venture capital firm managing a quarter billion dollars of capital?\u003c\/li\u003e \u003cli\u003eHow does Bing Gordon, Partner at Kleiner Perkins Caufield \u0026amp; Byers and author of the business plan that resulted in KPCB's investment in Electronic Arts, time exits properly?\u003c\/li\u003e \u003cli\u003eWhy did Soo Boon Koh, Managing Director of IGlobe Ventures, back a GPS company which was filing for Chapter 11, in the post 9-11 market?\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThe \u003ci\u003eWay of the VC: Having Top Venture Capitalists on Your Board\u003c\/i\u003e is essential reading for venture capital practitioners, including partners, principals, analysts, consultants and limited partners--both institutional and private. It is also useful to students of finance who want a better understanding of what goes on in the venture capital world.  \u003c\/p\u003e  \u003ci\u003eThe Way of the VC\u003c\/i\u003e is the best book I have read on venture capital with thoughtful advice for the entrepreneur. Yinglan captures the wisdom of the ages, with the vision of an oracle he captures how a venture capitalist thinks, and how the best ones act.\u003cbr\u003e --\u003cb\u003eTimothy C. Draper\u003c\/b\u003e, Founder \u0026amp; Managing Director, Draper Fisher Jurvetson  \u003cp\u003eWith the emergence of venture capital investment as a professional practice, understanding the way in which this industry works is critically important for practitioners and would-be practitioners, whether they are (or aspire to be) working for entrepreneurial ventures, venture firms, or large institutional capital pools. I applaud Yinglan Tan, who has distilled many interesting \"war stories\" and experiences of venture capitalists into a useful and effective framework in \u003ci\u003eThe Way of the VC\u003c\/i\u003e.\u003cbr\u003e --\u003cb\u003eProfessor Josh Lerner\u003c\/b\u003e, Jacob H. Schiff Professor of Investment Banking, Harvard Business School\u003c\/p\u003e \u003cp\u003eYinglan gives valuable accounts coupled with insightful observations about the past, present and future of an industry that is still in its infancy--but growing up fast. The book will also help entrepreneurs who need venture capital financing by showing them how VCs add value to their companies. This book belongs in the library of anyone who has ever taken a serious interest in venture capital.\u003cb\u003e\u003cbr\u003e \u003c\/b\u003e--\u003cb\u003eNeil Shen\u003c\/b\u003e, Founding and Managing Partner, Sequoia Capital China\u003c\/p\u003e \u003cp\u003eVenture capitalists rely heavily on personal judgment and experience. This extensive collection of shared wisdom and viewpoints is therefore a valuable addition to the growing number of VC textbooks and war stories. Yinglan has skillfully captured the Tao of VC practitioners and entrepreneurs in a lively and enlightening book.\u003cbr\u003e --\u003cb\u003eLin Hong Wong\u003c\/b\u003e, Author of Venture Capital Fund Management\u003c\/p\u003e \u003cp\u003eTop-flight entrepreneurs are blessed with terrific ideas and boundless energy. But lacking capital, they must join together with VCs. The prescription is easy, the implementation tough. Entrepreneurs and VCs differ in orientation, background and interests. In this lively and insightful volume, Yinglan Tan tells how entrepreneurs can handle the relationship effectively, from early-stage conception through to a thriving company.\u003cbr\u003e --\u003cb\u003eRichard Zeckhauser\u003c\/b\u003e, Frank P. Ramsey Professor of Political Economy, Harvard University\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990365585637,"sku":"NP9780470824993","price":39.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470824993.jpg?v=1761787531","url":"https:\/\/k12savings.com\/es\/products\/the-way-of-the-vc-isbn-9780470824993","provider":"K12savings","version":"1.0","type":"link"}