Venture Books . . .

treat many issues of interest to entrepreneurs. Several of them deal with venture financing and are worth reviewing. One of the best is Pratt’s Guide to Venture Capital Sources, edited by Stanley E. Pratt and published by Venture Economics, Inc. It contains a detailed listing of venture capital firms, the sizes of their funds, the type of companies they invest in, and the names and telephone numbers of their principals. The price is approximately $400.

Other good books include the following titles. While not all of them are easy to find, all are worth the effort. Try www.abebooks.com for those that are out of print.

  • High Tech Start Up – The Complete How-To Handbook for Creating Successful New High Tech Companies by John L. Nesheim (The Free Press 2000). Informative and knowledgeable source for anyone considering starting a high tech business.

  • Guide to Venture Investing Angels - Financing and Investing in Private Companies by Arthur Lipper III (MIC 1996). An investor’s perspective on the venture process is discussed here in detail.

  • Innovation and Entrepreneurship – Practice and Principles by Peter F. Drucker (Harperbusiness 1993). One of the classic texts on entrepreneurship.

  • Nothing Ventured – The Perils and Payoffs of the Great American Venture Capital Game by Robert J. Kunze (Harper Business 1990). Out of print and hard to find but definitely worth the effort. This book contains a venture capitalist’s summary of the venture investing process and chronicles the stories of several ‘portfolio companies’ from investment to exit.

  • Venture Capital Handbook by David Gladstone (Prentice Hall 1988). This guide for entrepreneurs is written by a practicing venture capitalist.

  • Venture Capital Investing by David Gladstone (Prentice Hall 1990). This book for would-be investors discusses the venture capitalist’s approach to investing in private companies.

  • Zero Gravity – Riding Venture Capital from High-Tech Start-Up to Breakout IPO by Steve Harmon (Bloomberg Press 1999). One man’s report on how to fund Internet companies with numerous interviews with venture capitalists and successful Internet entrepreneurs.

See: Business Plan, NASBIC (National Association of Small Business Investment Companies), National Venture Capital Association, Venture Capitalists.