Financing New Ventures

Many business ventures today are looking to attract externalfinancing, with an emphasis on business angelinvestment. Inside this text, the author incorporatesthe views of business angels, venture capitalists, entrepreneurs,and legal advisors; and draws upon the latestacademic thinking on financing new ventures, providingcomparisons between business angel and venture capitalinvesting to further inform the reader. The concepts, principles,and guidelines presented can help you and anyentrepreneur, business support agency, business student,and others interested in raising external investment andin developing an “investable” business.The book is organized into seven chapters covering:• Fundamental concepts of entrepreneurial venturingand entrepreneurial finance• Market conditions from which investable businessesemerge• The investment process• Deal negotiations• The post-investment relationship between entrepreneurand investor• Recent trends affecting how entrepreneurs raise financethat include strategic exits, “super angels,”and the emergence of “crowdfunding”