Raising Venture Capital
Lon Taylor
(Partner with Spicer & Oppenheim in Houston)
555
Abstract
The word “venture” is synonymous with “risk.” Venture capital investment is risk financing. The investor bases his expectations for return on capital on his assessment of measured exposure. Ferdinand and Isabella, and the other rulers of the fifteenth century, may have been the originators of risk investment for high returns.
Citation
Taylor, L. (1989), "Raising Venture Capital", Journal of Business Strategy, Vol. 10 No. 4, pp. 61-64. https://doi.org/10.1108/eb039326
Publisher
:MCB UP Ltd
Copyright © 1989, MCB UP Limited