Cargando…

SMART MONEY.;INFLUENCE OF VENTURE CAPITALISTS ON HIGH POTENTIAL COMPANIES

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: CHRISTIAN FINGERLE
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [S.l.] : DUNCKER & HUMBLOT, 2020.
Colección:Entrepreneurial and financial studies.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Intro
  • Foreword
  • Acknowledgments
  • Table of Contents
  • Table of Figures
  • Table of Abbreviations
  • Table of Interview Partners
  • 1 Introduction
  • 1.1 Relevance of Smart Money
  • 1.2 Aims of Analysis
  • 1.3 Research Approach and Dataset
  • 1.4 Structure of Analysis
  • 2 Characteristics of High Potential Companies
  • 2.1 Introductory Remarks
  • 2.2 Fundamentals of the Resource-based View
  • 2.2.1 Resources in Strategic Management Research
  • 2.2.2 Resources and Competitive Advantage
  • 2.2.3 A Comprehensive Resource-based View
  • 2.3 Resource Profile of High Potential Companies
  • 2.3.1 Resource Needs in Stage Models
  • 2.3.2 Resource Categorization
  • 2.3.3 Technological Resources
  • 2.3.4 Financial Resources
  • 2.3.5 Managerial Resources
  • 2.3.6 Personnel Resources
  • 2.3.7 Physical Resources
  • 2.3.8 Organizational Resources
  • 2.3.9 Reputational Resources
  • 2.3.10 Social Resources
  • 2.4 Mechanisms to Fill the Resource Gap
  • 2.5 Return and Risks of Investments in High PotentialCompanies
  • 2.5.1 Investment Decision Trade-Off
  • 2.5.2 High Expected Return
  • 2.5.3 High Risks
  • 2.5.3.1 Liability of Newness
  • 2.5.3.2 Liability of Smallness
  • 2.5.3.3 Uncertainty of Supply
  • 2.5.3.4 Uncertainty of Demand
  • 2.5.3.5 Competitive Uncertainty
  • 2.5.3.6 Dependency on Founders
  • 3 Business Model of Venture Capital Firms
  • 3.1 Introductory Remarks
  • 3.2 Definition of Business Model Concept
  • 3.3 Customers of Venture Capital Firms
  • 3.4 Value Creation Architecture of Venture Capital Firms
  • 3.4.1 Organizational Structure
  • 3.4.2 Personnel Structure
  • 3.4.3 Refinancing Process
  • 3.4.3.1 Overview
  • 3.4.3.2 Fundraising Process
  • 3.4.3.3 Investor Relations Process
  • 3.4.3.4 Distribution of Returns Process
  • 3.4.4 Investment Process
  • 3.4.4.1 Overview
  • 3.4.4.2 Investment Origination
  • 3.4.4.3 Investment Due Diligence
  • 3.4.4.4 Investment Structuring
  • 3.4.4.5 Investment Development
  • 3.4.4.6 Investment Exit
  • 3.5 Customer Value Proposition of Venture Capital Firms
  • 3.5.1 Enhancement of Performance of Portfolio Companies
  • 3.5.2 Enhancement of Asset Allocation of Investors
  • 3.6 Profit Model of Venture Capital Firms
  • 3.6.1 Management Fee
  • 3.6.2 Participation in Value Creation
  • 4 Venture Capitalists' Influence through Contractual Agreements
  • 4.1 Introductory Remarks
  • 4.2 Deal-specific Risks for Venture Capital Firms
  • 4.2.1 Risk of False Investment Decision
  • 4.2.2 Risk of Managerial Opportunism
  • 4.2.3 Risk of Competitive Opportunism
  • 4.2.4 Risk of Unfavorable Decision-Taking
  • 4.2.5 Risk of Exit Obstruction
  • 4.3 Influence through Contractual Provisions
  • 4.3.1 Information Rights
  • 4.3.2 Conversion Rights
  • 4.3.3 Control Rights
  • 4.3.3.1 Voting Rights
  • 4.3.3.2 Veto Rights
  • 4.3.3.3 Supervisory Board Representation Right
  • 4.3.4 Management Covenants
  • 4.3.4.1 Affirmative Covenants
  • 4.3.4.2 Non-Compete Clause
  • 4.3.4.3 Vesting