Powerful ideas from top nonfiction
Try Blinkist to get the key ideas from 7,000+ bestselling nonfiction titles and podcasts. Listen or read in just 15 minutes.
Start your free trial
Blink 3 of 8 - The 5 AM Club
by Robin Sharma
Listen to the Intro
The Entrepreneurial Bible to Venture Capital summary
Andrew Romans
Inside Secrets from the Leaders in the Start-up Game
17 mins
Table of Contents
The Entrepreneurial Bible to Venture Capital
Summary of 8 key ideas
Audio & text in the Blinkist app
Key idea 1 of 8
The growth in technology start-ups has inspired a boom in venture capital investing.
If you’ve worked in or even founded a start-up, you probably know the importance of venture capital in realizing your business goals.
But what exactly is venture capital, and how does it work?
Venture capital is a form of private sector finance dedicated to helping new companies establish themselves and grow. “VC” firms usually seek out investment opportunities in growing markets such as information technology (IT) or biotechnology. In exchange for a cash infusion, the start-up gives the VC firm a significant share of company equity.
The market for venture capital has boomed in recent years, as ever more start-up companies are founded and require investment to grow. Today it’s never been easier to launch a new company.
In the 1990s, things were different. Start-up costs were stiff, with fledgling companies having to put together tens of thousands of dollars to cover the costs of servers and software licenses.
As technological innovation has skyrocketed, the cost of starting a new company has fallen considerably. Cloud computing has slashed the cost of storage, as just one example. Today it can cost less than $5,000 to launch a beta version of a website or mobile app!
VC firms know that while there’s plenty at stake, there is also serious potential in start-up ideas. While a traditional bank won’t typically grant a loan to a start-up without a marketable product, VC firms are willing to put up the needed cash early, betting on a serious future payoff.
The term “venture,” in fact, refers to the risks that VC firms knowingly take when they invest in a new company. Some 60 percent of start-ups backed by venture capitalists, however, go bankrupt before the start-up can pay back the investment.
In fact, just one out of ten venture capital investments turn out to be successful – but that one start-up just might be the next Facebook or Twitter!
Want to see all full key ideas from The Entrepreneurial Bible to Venture Capital?
Key ideas in The Entrepreneurial Bible to Venture Capital
More knowledge in less time
Read or listen
Get the key ideas from nonfiction bestsellers in minutes, not hours.
Find your next read
Get book lists curated by experts and personalized recommendations.
Shortcasts New
We’ve teamed up with podcast creators to bring you key insights from podcasts.
What is The Entrepreneurial Bible to Venture Capital about?
The Entrepreneurial Bible to Venture Capital (2013) is a must-read for any entrepreneur or business leader looking to fund their next great idea. Venture capital firms seek start-ups that show potential and often commit to the tune of millions of dollars. If you want to make it in today’s competitive start-up world, you need to understand how venture capital works.
Who should read The Entrepreneurial Bible to Venture Capital?
- Entrepreneurs and business leaders seeking venture funding
- Business students curious about the start-up scene
- Investors looking to become venture capitalists
Categories with The Entrepreneurial Bible to Venture Capital
Books like The Entrepreneurial Bible to Venture Capital
People ❤️ Blinkist
Sven O.
It's highly addictive to get core insights on personally relevant topics without repetition or triviality. Added to that the apps ability to suggest kindred interests opens up a foundation of knowledge.
Thi Viet Quynh N.
Great app. Good selection of book summaries you can read or listen to while commuting. Instead of scrolling through your social media news feed, this is a much better way to spend your spare time in my opinion.
Jonathan A.
Life changing. The concept of being able to grasp a book's main point in such a short time truly opens multiple opportunities to grow every area of your life at a faster rate.
Renee D.
Great app. Addicting. Perfect for wait times, morning coffee, evening before bed. Extremely well written, thorough, easy to use.
People also liked
Start growing with Blinkist now
28 Million
Downloads on all platforms
4.7 Stars
Average ratings on iOS and Google Play
91%
Of Blinkist members create a better reading habit*
*Based on survey data from Blinkist customers