Enterprising Investor
Practical analysis for investment professionals

Venture Capital


Venture Capital: Lessons from the Dot-Com Days

Start-up valuations have yet to fully reflect the market's ongoing downdraft. The correction could prove as protracted as that of the dot-com crash. 

The Innovation Advantage: Private Market Investing

The potential advantages of private market investments, specifically venture equity and venture debt investing, extend to five dimensions of performance.

Distress Investing: A Tale of Two Case Studies

With recession forecasted in many economies this year or next, distressed situations will be an important source of deals for prospective investors.

Alternative Investments: Predictable Uncertainty in Private Markets

While analytical judgment is considered universal in science, in finance investment decisions are derived from mental heuristics.

Green Carrots and Sticks: Incentivizing Climate Solutions

If the carrots are tasty and the incentives are right, oil and mining companies will gladly invest in green technologies.

Top 10 Posts from 2020: COVID-19, The Silent Depression, Damodaran

What Enterprising Investor articles most resonated with readers in 2020?

Private Equity vs. Venture Capital: Opposite Investment Mindsets

PE and VC performance-enhancing techniques are not just different, they are precise opposites.

Venture Capital: Worth Venturing Into?

What do venture capital fund returns look like and what are some alternative ways to allocate to the asset class?

In Private Markets, Red Is the New Black

Private capital fund managers do not expect their portfolio businesses to report a profit.