PEP - Academic Research and Books

Books		(back to top)
Joseph Bartlett	Equity Finance	Renowned author, Joseph Bartlett, presents a three-volume set of text and forms for a wide range of investment activities. This definitive resource covers the entire spectrum of venture capital and corporate restructuring including joint ventures, IPOs, early stage finance, buyouts, PIVs and turnarounds. Learn how to formulate a business plan and decide whether to go public.
Aswath Damodaran	The Dark Side of Valuation	A leading expert on the topic, Damodaran begins by noting that standard corporate valuations are determined by four factors: cash flow from existing investments, growth expected from this cash flow, length of time this growth is sustained, and cost of capital to sustain it. In what he admits is not always an easy read, Damodaran then details various ways to adapt conventional valuation methods for companies that lack key traditional variables (such as profits, track records, and even competitors with which they can be compared) in order to arrive at realistic valuations.
Paul A. Gompers, Josh Lerner	The Venture Cycle	An academic examination of the form and function of venture-capital funds. Gompers and Lerner are Harvard Business School professors who have researched extensive original data to analyze venture-capital fundraising, investing, and exiting methods. Beginning with a historical overview of entrepreneurial finance, the book examines how venture partnerships are structured, how venture capitalists are compensated, the staging of investments in operating companies, and the relative performance of venture-capital-backed offerings. There's also an interesting comparison of corporate venture organizations, such as Xerox PARC, with those of independent and other venture groups. Venture capitalists use industry knowledge and monitoring skills to finance projects with significant uncertainty, typically concentrating investments in early-stage companies and high-tech industries. Large information gaps between entrepreneurs and investors create conflicted interests, and the book looks at some of the novel checks and balances most often employed.
Michael J. Halloran	Venture Capital and Public Offering Negotiation	Get expert strategies and advice from 40 top venture capital and financing pros! Representing the most dynamic corporate law firms in the U.S., these experts show you how they: structure and negotiate deals, locate and apply relevant statutes, rules and requirements, untangle tax and accounting problems; You'll also find detailed practical information on all the latest developments in the start—up financing and IPO process, including: limited liability company arrangements, new technology—based partnering arrangements, IRS "check—the—box" regulations, the latest SEC policies and rule revisions, emerging ERISA issues, federal securities exemptions for venture financing, and much more!
Jack S. Levin	Structuring Venture Capital, Private Equity, and Entrepreneurial Transactions	N/A
Joshua Lerner	Venture Capital and Private Equity : A Casebook	This volume is divided into four modules. The first module examines how private equity funds are raised and structured; the second considers the interactions between private equity investors and the entrepreneurs that they finance; the third examines the process through which private equity investors exit their investments; and the last reviews many of the key ideas developed in the volume.
Richard Razgaitis	Early Stage Technologies Valuation and Pricing	A guide to technology risk management, valuation, and pricing. It shows how to identify key early-stage technologies and determine the value to individual companies, as well as provides methods for pricing pre-commercial products for sale or licensing. Topics include methods of valuation, the identification of risk factors, sources of value, the psychology of buying and selling, equity realizations, and negotiation strategies.
Richard Smith	Entrepreneurial Finance	This book covers some important issues like financial projections, risk evaluation, financial valuation, investor diversification and contract negotiation. The valuation framework with spreadsheet templates is one of the highlighting factors of this book
Alex Wilmerding	Term Sheets & Valuations - An Inside Look at the Intricacies of Term Sheets & Valuations	The book, written by leading venture capitalist Alexander Wilmerding of Boston Capital Ventures, covers topics such What is a Term Sheet, How to Examine a Term Sheet, A Section-by-Section View of a Term Sheet, Valuations, What Every Entrepreneur & Executive Needs to Know About Term Sheets, Valuation Parameters, and East Coast Versus West Coast Rules. In addition, the book includes an actual term sheet from a leading law firm with line by line descriptions of each clause, what can/should be negotiated, and the important points to pay attention to. A must have book for any executive, entrepreneur, or financial professional.