This article describes the payoff structure of investments in private venture capital-backed companies and venture capital investments in their portfolios. Venture capital investments have a high failure rate (Age and 0ver 50%) and a small amount of success (10% returns). As an asset class, venture capital has released highly cyclical returns, reflecting the trends in capital markets and the market for new technologies. There is a big difference in the middle and upper alignment performance. Small amount of the fine on a regular basis. Overall profitability of venture capital have been low for the decade ending in 2009. "Hide
by William A. Sahlman 37 pages. Publication Date: December 03, 2010. Prod. #: 811036-PDF-ENG