METHODS OF FINANCE - Venture Capital (LONG TERM)

Venture capital - Investment from an established business into another business in return for a percentage. Typically invests in early stage, high risk businesses with potential for rapid growth and/or high returns.

Venture capitalists will normally look for a high rate of return in a specific time period.

The business or entrepreneur may also benefit from expertise and mentoring from the venture capitalist.

OFTEN ASSOCIATED WITH HIGH RISK START UPS

ADVANTAGES OF VENTURE CAPITAL
  • Potential for large sums of money for investment
  • Expertise to help the business
  • Makes it easier to attract other sources of finance
  • Provides the required capital for expansion
DISADVANTAGES OF VENTURE CAPITAL
  • A long and complex process (venture capitalist hard to find)
  • Expert financial projections are likely to be required
  • Initially expensive for the firm e.g. legal and accounting fees
  • Partial loss of ownership
  • Risk of conflict or received interference
  • Venture capitalists requires a high rate of return
  • Investment often supported by a high level of bank debt in business.
  • Not a long term investment - venture capitalist will aim to sell within 5-7 years

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