The Money of Invention: How Venture Capital Creates New Wealth
"Gompers and Lerner have written the ultimate A to Z book of venture investing. If you want the definitive book that explains how venture capital works and why it is so important to our economy, this is it."-Arthur Rock, Venture Capitalist"Gompers and Lerner give valuable historical accounts coupled with insightful observations about the future of an industry that is still in its infancy-but growing up fast."-Peter O. Crisp, Founder and former Managing Partner, Venrock Associates"Gompers and Lerner provide a broad overview of the venture capital industry, offering valuable insights for anyone from seasoned practitioners to interested market observers. Richly illustrated with real-life examples,The Money of Inventionfulfills a critical need with its treatment of the past, present, and future of an important factor in the world economy."-David F. Swensen, Chief Investment Officer, Yale University, and Author ofPioneering Portfolio Management