Venture Capitalists . . .
are professional money managers who provide risk
capital to businesses. Venture capitalists come in many forms and
specialize in different ways, but all share the common trait of making
investments in privately held companies that have the potential to
provide them a very high rate of return on their investment.
Venture capitalists include thousands of private
funds, companies funded by public offerings of their
securities, bank and corporate subsidiaries charged with investing
budgeted funds, and private individuals, who are often called "adventure
capitalists" or "angels." Venture firms can be highly
leveraged companies, such as SBICís and SSBICís, or completely
Some good sources for identifying venture capitalists
interested in a given industry are:
The National Association of Small Business
Investment Companies (NASBIC), 666 11th Street, N.W.,
Suite 750, Washington, DC 20001, or by calling (202) 628-5055.
Their web site can be found at
The National Venture Capital Association, 1655
North Fort Myer Drive, Suite 850, Arlington, Virginia 22209 or by
calling (703) 524-2549. Their web site can be found at
The Corporate Finance Sourcebook (National
Register Publishing Company, annual editions).
Prattís Guide to Venture Capital Sources edited
by Stanley, E. Pratt (Venture Economics annual editions).
Development Corporations), CDCs (Community Development
Corporations), Corporate Venture Capital,
SSBICs (Minority Enterprise Small Business
Investment Companies), Pools, SBICs (Small Business Investment
Companies), Specialty Funds, Venture Capital Deal
Structures, Venture Books, Vulture Capitalists.