Why is advancing the next era of venture capital important?
Venture capital is an American national treasure. It has fueled the advancement of innovation, economies, and people. It has created value, jobs, wealth, and life-changing products and services. Though venture capital as an industry may be young and as an asset class may be small, high-growth startups and their long-term investors have truly changed the world.
To continue the success of the industry’s past 50 years to the next 50 years and beyond, we must expand opportunities for people of all backgrounds to access the venture ecosystem and thrive. We must educate future leaders on best practices and help them learn from the industry’s rich history. We must help firms build strong, healthy cultures and values. We must keep the public and ecosystem informed through qualitative and quantitative insights.
By investing in tomorrow’s leaders today, we shape the next era of venture capital.
10,000+
high-growth startups—across all 50 states and DC—raised venture funding in 2019 to build and grow their businesses.
42%
of all U.S. IPOs from 1974 to 2015 were venture-backed companies, representing 63% of the market capitalization and 85% of R&D.
2.9 million
is the average net jobs created annually between 1980 and 2010 by high-growth startups, which account for ~50% of gross jobs created in the U.S.
1,300+
U.S. venture firms are active today, managing an aggregate of $444 billion in assets.
Resources for those interested in venture capital and private equity
/in Curated List Education Reading /by ASCreativeThis list of resources was created for the students in Chicago Booth’s Private Equity and Venture Capital lab as an augmentation to the class. It’s designed to assist less experienced students learn more about the industry and for advanced students the ability to go deeper on topics of interest.
Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist
/in Book Education Reading /by ASCreativeThe new edition of Venture Deals continues to show fledgling entrepreneurs the inner-workings of the VC process, from the venture capital term sheet and effective negotiating strategies to the initial seed and the later stages of development.
VC: An American History
/in Book Education, History, Research Reading /by ASCreativeTom Nicholas’ history of the venture capital industry offers readers a ride on the roller coaster of setbacks and success in America’s pursuit of financial gain.