AAA July 2010 – Page 9

Is the venture capital model broken?

Steven Kaplan, Neubauer family professor of entrepreneurship and finance, and faculty director of the Polsky Entrepreneurship Center, at the University of Chicago’s Booth School of Business, and Josh Lerner, Jacob H Schiff professor of investment banking at Harvard Business School, analysis the data behind venture capital’s prospects and finds the future brighter than pessimists expect.

Venturing needs tolerance rather than killing

This is the first in our monthly Ask Adam series where venturing expert Adam Caper, managing director of Synchrony Venture Management, answers the industry’s questions. To comment or ask further questions, anonymously if required, please email: jmawson@globalcorporateventuring.com