Venture Capital Challenges Research Paper by ABCs

Venture Capital Challenges
A case study analysis of venture capital challenges involved in 3i and Apax, two leading private equity companies in Europe.
# 114140 | 9,707 words | 32 sources | MLA | 2009 | US
Published on May 31, 2009 in Business (Companies) , Business (Applied Operations)

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This paper defines and discusses the business of venture capital. The paper discusses the purpose of business ventures and the goals of the venture capital firm. Case study examples of two leading equity companies in Europe, 3i and Apax, are provided and their ventures and challenges are discussed. The paper also examines current critical financial concerns, as private equity houses regularly change their investment focus. Several graphs, tables and figures are included with the paper.

Table of Contents:
Chapter I
The "Business" in/of Venture Capital
European Venture Capital Association Figures
Growing Businesses
3i and Apax Partners
Study Focus
Concern for the Future of Venture Capital in the UK and Europe
Aim and Objectives
Study Structure
Significance of this Study
Chapter II
Apax Partners
Changes in the Company
Interviews Created, Conducted and Considered Reveal...
Interview 1
Interview 2
Interview 3
Chapter III
3i Group
3i's Movement Away from Early-Stage VC
Landmark Deals
LBO: One of 3i's Former VC Recipients
Interview 4
Interview 5
3i's Expectations
Chapter IV
"Venture a sub-category of private equity"
In Corporate Venturing...
"Typical" Losses
Key Facts
Less Attractive Investments
Deeper than Surface Reasons
Chapter V
Conclusion: Future Implications for Venture Capital in the UK and Europe
Aim and Objectives
Opportunities That Challenge

From the Paper:

"During 1993, venture capitalists debated what to call themselves. Purists contended that the term "venture" ought to only denote early stage investment. Private equity, investment capital and development capital served as preferred alternatives for the title. (Eadie 1994) Venture capitalists, albeit "stuck" as the name for the typically former executives or investment bankers, who turned to raising a private fund to make particular investments. The venture capitalist not only aims to increase the targeted company's equity value, but to also, in time, utilizing a liquidity event such as initial public stock offering (IPO) or sale to another investor, monetize the investment through to ultimate reap financial rewards from the investment (Kenney, Haemmig, and Goe 2007; "How Venture Capital Works" 2008)."

Sample of Sources Used:

  • Ahlstrom, David, and Garry D. Bruton. "Venture Capital in Emerging Economies: Networks and Institutional Change." Entrepreneurship: Theory and Practice 30.2 (2006): 299+.
  • BVCA Private Equity and Venture Capital Performance Measurement Survey 2007 2008.PricewaterhouseCoopers LLP. Birmingham UK.
  • Cogman, David, and Jeremy M. Oppenheim. "Controversy Incorporated: Companies That Address the Social Concerns Surrounding Contentious Markets May Well Find the Effort Rewarding." The McKinsey Quarterly (2002): 57+.
  • Miles, Morgan P., and Jeffrey G. Covin. "Exploring the Practice of Corporate Venturing: Some Common Forms and Their Organizational Implications." Entrepreneurship: Theory and Practice 26.3 (2002): 21+; Baylor University.
  • Murray, Gordon. "A Synthesis of Six Exploratory, European Case Studies of Successfully Exited Venture Capital-Financed, New Technology-Based Firms." Entrepreneurship: Theory and Practice 20.4 (1996): 41+.

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APA Format

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MLA Format

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