{"product_id":"venture-capital-and-private-equity-isbn-9780470650912","title":"Venture Capital and Private Equity","description":"The 5\u003csup\u003eth\u003c\/sup\u003e edition of Lerner's \u003ci\u003eVenture Capital and Private Equity: A Casebook\u003c\/i\u003e continues to present the important historical cases of private equity while incorporating a number of new relevant and timely cases from previous best-selling issues. It includes more cases relevant to the texts four main goals: understanding the ways in which private equity firms work, applying the key ideas of corporate finance to the industry, understanding the process of valuation, and critiquing valuation approaches of the past and present- an approach which has proved very successful over the past four editions.\u003cbr\u003e \u003cbr\u003e   \u003cp\u003eThis casebook contains cases and notes designed to provide an understanding of the history of the private equity industry's development and the workings of the industry today. By explaining the industry on a case-by-case basis, this text promises to address the critical question of whether gains made in recent years have been sustained and how firms will respond to the current opportunities and challenges. \u003c\/p\u003e Introduction\u003cbr\u003e1 PE today and tomorrow\u003cbr\u003e2 Iris Running Crane December 2009\u003cbr\u003eModule 1: Fundraising\u003cbr\u003e3 Yale University: July 2006\u003cbr\u003e4 Altoona\u003cbr\u003e5 PE Partnership Agreements\u003cbr\u003e6 Grove Street Advisors II\u003cbr\u003e7 PE Fundraising Process\u003cbr\u003e8 CPPIB\u003cbr\u003eModule 2: Investing \u003cbr\u003e9 Firm Strategy Vignettes\u003cbr\u003e10 Hardina Smythe and the Healthcare Conundrum\u003cbr\u003e11 Avid \u0026amp; Lighthouse Partners\u003cbr\u003e12 Metapath\u003cbr\u003e13 Valuation in PE Settings\u003cbr\u003e14 European PE\u003cbr\u003e15 Moneybookers \u0026amp; Investcorp\u003cbr\u003e16 PE in Developing Countries\u003cbr\u003e17 Hony\u003cbr\u003e18 Gobi \u0026amp; DMG\u003cbr\u003e19 PE Securities\u003cbr\u003eModule 3: Exiting\u003cbr\u003e20 emgs\u003cbr\u003e21 Motilal\u003cbr\u003e22 IPO Process\u003cbr\u003e23 Rock \u0026amp; a Hard Place: Valuation \u0026amp; Distribution\u003cbr\u003eModule 4: New Frontiers\u003cbr\u003e24 Village Ventures\u003cbr\u003e25 Microsoft IPV\u003cbr\u003e26 Abraaj \u003cbr\u003e27 Actis in 2008\u003cbr\u003e28 Blackstone IPO\u003cbr\u003eAppendix: A note on PE Information Sources \u003cbr\u003eGlossary\u003cbr\u003eIndex\u003cbr\u003e  \u003cp\u003e\u003cstrong\u003eDr. Josh Lerner\u003c\/strong\u003e is a Strategic Advisor at Master Minds. He is a Senior Advisor at Grove Street Advisors, LLC. Dr. Lerner works with the firm in an advisory role with a particular emphasis on helping the firm and its clients identify and respond to key trends in the private equity industry. He is the Jacob H. Schiff Professor of Investment Banking at Harvard Business School, with a joint appointment in Finance and the Entrepreneurial Management. Dr. Lerner's research ... focuses on the structure of private equity and venture capital organizations and their role in transforming scientific discoveries into commercial products. Much of his research is collected in \u003cem\u003eThe Venture Capital Cycle\u003c\/em\u003e, MIT Press, 1999 and \u003cem\u003eThe Money of Invention\u003c\/em\u003e, Harvard Business School Press, 2001. Dr. Lerner also teaches doctoral courses on entrepreneurship and empirical methods in corporate finance, as well as executive education offerings.\u003cbr\u003eDr. Lerner serves as a Research Associate in the Corporate Finance and Productivity Programs and a Co-Editor of \u003cem\u003eInnovation Policy and the Economy\u003c\/em\u003e. In the 1993-1994 academic year, Dr. Lerner introduced an elective M.B.A. course on private equity and venture capital. He was a Venture Advisor at Zero Stage Capital. Dr. Lerner examined the impact of intellectual property protection, particularly patents, on the competitive strategies of firms in high-technology industries. He founded, raised funding for, and organized two groups at the National Bureau of Economic Research: the Entrepreneurship Working Group and the Innovation Policy and the Economy Group.\u003cbr\u003eHe worked for several years on issues concerning technological innovation and public policy at the Brookings Institution, for a public-private task force in Chicago, and on Capitol Hill. Dr. Lerner recently led an international team of scholars in a study of the economic impact of private equity for the World Economic Forum. He is a Member of the Advisory Board of RBC Venture Partners and also for Zero Stage Capital. Dr. Lerner serves as a Harvard Business School's representative on Harvard University Patent, Trademark and Copyright Committee and the Provost's Committee on Technology Transfer. He holds a Ph.D. in Economics from Harvard University and a B.A. from Yale College with a special divisional major which combined Physics with the history of Technology.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990448783589,"sku":"NP9780470650912","price":171.5,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470650912.jpg?v=1761787872","url":"https:\/\/k12savings.com\/es\/products\/venture-capital-and-private-equity-isbn-9780470650912","provider":"K12savings","version":"1.0","type":"link"}