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  • All HBS Web  (8,829)
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  • All HBS Web  (8,829)
    • People  (23)
    • News  (1,088)
    • Research  (6,679)
    • Events  (20)
    • Multimedia  (31)
  • Faculty Publications  (5,740)
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  • May 1999
  • Teaching Note

Advent Israel Venture Capital Program TN

By: Paul A. Gompers
Teaching Note for (9-298-072). View Details
Keywords: Financial Services Industry; Israel
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Gompers, Paul A. "Advent Israel Venture Capital Program TN." Harvard Business School Teaching Note 299-054, May 1999.
  • 04 Oct 2018
  • Research & Ideas

Diversity Boosts Profits in Venture Capital Firms

yuri_arcurs Recent research shows for the first time that diversity in venture capital firms not only spawns creativity and alternative viewpoints, but also improves financial performance. Paul Gompers,... View Details
Keywords: by Michael Blanding; Banking; Financial Services
  • 08 Dec 2021
  • Blog Post

The Drive to Succeed: Silvio Memme (MBA 2020) of OMERS Ventures and His Career Switch into Venture Capital

looked at a goal others said was impossible and found a way. And specifically, how Memme broke into Venture Capital from the automotive industry and launched a new stage of his... View Details
Keywords: Venture Capital
  • Article

The Impact of Venture Capital Monitoring

By: S. Bernstein, X. Giroud and R. Townsend
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Bernstein, S., X. Giroud, and R. Townsend. "The Impact of Venture Capital Monitoring." Journal of Finance 71, no. 4 (August 2016): 1591–1622.
  • August 2006 (Revised December 2010)
  • Exercise

The Venture Capital Valuation Problem Set

By: William A. Sahlman and Evan Wade Richardson
To be used with (396-090). View Details
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Sahlman, William A., and Evan Wade Richardson. "The Venture Capital Valuation Problem Set." Harvard Business School Exercise 807-036, August 2006. (Revised December 2010.)
  • 12 Jul 2010
  • News

Is Venture Capital an Academic Pursuit?

  • April 2023
  • Case

Elliott Management: Capital Allocation in Biopharma

By: Amitabh Chandra, Paul Clancy and Lauren Gunasti
The case explores the intersection of capital allocation and shareholder activism in the biopharmaceutical industry. As many biopharma companies face looming patent expirations for key medicines, the case asks the question of whether investing in R&D and M&A is an... View Details
Keywords: Finance; Strategy; Capital Allocation; Biopharmaceutical Industry; Shareholder Activism; Investment Activism; Resource Allocation; Research and Development; Business and Shareholder Relations; Corporate Strategy; Pharmaceutical Industry
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Chandra, Amitabh, Paul Clancy, and Lauren Gunasti. "Elliott Management: Capital Allocation in Biopharma." Harvard Business School Case 623-045, April 2023.
  • 2004
  • Report

Gatekeepers of Venture Growth: A Diana Project Report on the Role and Participation of Women in the Venture Capital Industry

By: C. G. Brush, N. M. Carter, E. Gatewood, P. G. Greene and M. M. Hart
Keywords: Venture Capital; Gender; Financial Services Industry
Citation
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Brush, C. G., N. M. Carter, E. Gatewood, P. G. Greene, and M. M. Hart. "Gatekeepers of Venture Growth: A Diana Project Report on the Role and Participation of Women in the Venture Capital Industry." Report Series, Ewing Marion Kauffman Foundation, Kansas City, MO, October 2004.
  • 2022
  • Chapter

Capitalism and the Environment

By: Geoffrey Jones
Capitalism drove the environmental decimation of the planet. The environment was seen as a free good, while the consequences of dirty industrial and agricultural processes were seen as external to the firm. Public policies largely allowed this to happen, as politicians... View Details
Keywords: History; Environment; Sustainability; Capitalism; Ethics; Business History; Environmental Sustainability; Green Technology; Pollution; Climate Change
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Jones, Geoffrey. "Capitalism and the Environment." Chap. 8 in Evolutions of Capitalism: Historical Perspectives: 1200–2000, edited by Catherine Casson and Philipp Robinson Rössner, 187–211. Bristol, United Kingdom: Bristol University Press, 2022.
  • 20 Oct 2020
  • Blog Post

Changing the Face of Entrepreneurship and Venture Capital at Harlem Capital

investor. The fund now has investments in 23 companies around the U.S. in 12 different industries. The Minority Renaissance in Venture Capital Like most new business ventures, Harlem View Details
Keywords: Venture Capital / Private Equity; Venture Capital / Private Equity
  • July 2014
  • Case

Venture Capital at the Harvard Management Company in Historical Perspective

By: Felda Hardymon, Tom Nicholas and Vasiliki Fouka
The compromise between capital preservation and growth has always been central to the performance of the Harvard endowment. Setting an institutional structure for effectively governing this compromise became especially important when the Harvard Management Company... View Details
Keywords: Venture Capital; Financial Management; Asset Management; Higher Education; Investment; Financial Services Industry; Financial Services Industry; Cambridge
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Hardymon, Felda, Tom Nicholas, and Vasiliki Fouka. "Venture Capital at the Harvard Management Company in Historical Perspective." Harvard Business School Case 815-047, July 2014.
  • 2014
  • Article

Executive Compensation and Human Capital Investments Through Industry Selection

By: Boris Groysberg and Eric Lin
We use proprietary data capturing compensation levels of executives placed by a global search firm to investigate how executives evaluate rewards and risks of human capital investment choices. Our findings suggest that more isolated industries with lower opportunity to... View Details
Keywords: Executive Compensation; Human Capital; Personal Development and Career
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Groysberg, Boris, and Eric Lin. "Executive Compensation and Human Capital Investments Through Industry Selection." Academy of Management Annual Meeting Proceedings (2014).
  • June 2018
  • Article

Cost of Experimentation and the Evolution of Venture Capital

By: Michael Ewens, Ramana Nanda and Matthew Rhodes-Kropf
We study how technological shocks to the cost of starting new businesses have led the venture capital model to adapt in fundamental ways over the prior decade. We both document and provide a framework to understand the changes in the investment strategy of VCs in... View Details
Keywords: Innovation; Investing; Abandonment Option; Technological Innovation; Venture Capital; Investment
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Ewens, Michael, Ramana Nanda, and Matthew Rhodes-Kropf. "Cost of Experimentation and the Evolution of Venture Capital." Journal of Financial Economics 128, no. 3 (June 2018): 422–442.
  • 2017
  • Working Paper

Cost of Experimentation and the Evolution of Venture Capital

By: Michael Ewens, Ramana Nanda and Matthew Rhodes-Kropf
We study how technological shocks to the cost of starting new businesses have led the venture capital model to adapt in fundamental ways over the prior decade. We both document and provide a framework to understand the changes in the investment strategy of VCs in... View Details
Keywords: Innovation; Investing; Abandonment Option; Technological Innovation; Venture Capital; Entrepreneurship; Investment
Citation
SSRN
Read Now
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Ewens, Michael, Ramana Nanda, and Matthew Rhodes-Kropf. "Cost of Experimentation and the Evolution of Venture Capital." Harvard Business School Working Paper, No. 15-070, February 2015. (Revised March 2017, Forthcoming in the Journal of Financial Economics.)
  • 2003
  • Article

Venture Capital and Private Equity: A Course Overview

By: Josh Lerner
This paper describes a course exploring the private equity industry, "Venture Capital and Private Equity". The goals of this article are two-fold: to make the structure and content of the class available to a broader audience beyond the audience of MBAs and executives... View Details
Keywords: Venture Capital; Private Equity
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Lerner, Josh. "Venture Capital and Private Equity: A Course Overview." International Journal of Entrepreneurship Education 1, no. 3 (2003): 359–384.
  • 1993
  • Chapter

Aspects of Financial Contracting in Venture Capital

By: William A. Sahlman
Keywords: Venture Capital; Contracts; Financial Services Industry
Citation
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Sahlman, William A. "Aspects of Financial Contracting in Venture Capital." In The New Corporate Finance: Where Theory Meets Practice, edited by D. Chew, 229, Part IV:4. New York: McGraw-Hill, 1993.
  • February 1997
  • Case

Advent of Venture Capital in Latin America, The

By: Debora L. Spar
Widely regarded as the leader in international private equity, Advent International is considering the establishment of a private equity fund in Latin America in 1996. Typically, Advent entered new private equity markets through the creation of multicountry regional... View Details
Keywords: Venture Capital; Joint Ventures; Market Entry and Exit; Globalized Markets and Industries; Financial Services Industry; Boston; Latin America
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Spar, Debora L., and Elizabeth B. Stein. "Advent of Venture Capital in Latin America, The." Harvard Business School Case 797-077, February 1997.
  • summer 1988
  • Article

Aspects of Financial Contracting in Venture Capital

By: William A. Sahlman
Keywords: Venture Capital; Finance
Citation
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Sahlman, William A. "Aspects of Financial Contracting in Venture Capital." Continental Bank Journal of Applied Corporate Finance 1, no. 2 (summer 1988): 23–36.
  • September 2003 (Revised January 2005)
  • Case

Emergence, Valhalla, and Orchid: Divergent Models for Venture Capital Funds

By: William A. Sahlman and Matthew Willis
Compares and contrasts three different venture capital funds from the perspective of a potential investor. The first fund has a technology-enabled services preference, the second a Mid-Atlantic region preference, and the third a seed round preference. Students are... View Details
Keywords: Borrowing and Debt; Entrepreneurship; Service Operations; Information Technology; Venture Capital
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Sahlman, William A., and Matthew Willis. "Emergence, Valhalla, and Orchid: Divergent Models for Venture Capital Funds." Harvard Business School Case 804-056, September 2003. (Revised January 2005.)
  • Fast Answer

Corporate venture capital subsidiaries: how to identify

How can I find which firms have corporate venture capital subsidiaries? Capital IQ allows you to create a list of corporate venture View Details
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