Informal Venture Capital

Writers

A. Lumme, C. Mason, M. Suomi

Published

Small businesses in virtually all industrialized countries find it increasingly difficult to obtain finance from institutional sources. Banks have become more risk averse; venture capital funds, previously of only marginal significance, are now often concentrating their investments on established companies; and management buyouts and buyins and pressures to reduce government spending have resulted in a reduction in public policy initiatives. In this context there is a growing interest in the role of the informal venture capital market as an alternative source of risk finance for small business. Informal Venture Capital: Investors, Investments and Policy Issues in Finland investigates the phenomenon of ‘business angels’ – wealthy private individuals who invest in small businesses – who are increasingly recognized throughout the developed world as representing the most important source of venture capital for entrepreneurial businesses in their start-up and early growth stages. This volume answers key question

Publication details

Title

Informal Venture Capital

Subtitle

Investors, Investments and Policy Issues in Finland

Authors

A. Lumme, C. Mason, M. Suomi

Place of publication

Boston

Year of publication

1998

Publisher

Kluwer Academic Publishers, P.O. Box 17, 3300 AA Dordrecht, The Netherlands.

ISBN (paperback)

0-7923-8111-4

Subject

VENTURE CAPITAL, BUSINESS ANGELS, SIJOITUKSET, TILASTOT, TALOUSPOLITIIKKA, VEROTUS