Venture Capital and Private Equity: A Casebook

The 5^th edition of Lerner's Venture Capital andPrivate Equity: A Casebook continues to present the importanthistorical cases of private equity while incorporating a number ofnew relevant and timely cases from previous best-selling issues. Itincludes more cases relevant to the texts four main goals:understanding the ways in which private equity firms work, applyingthe key ideas of corporate finance to the industry, understandingthe process of valuation, and critiquing valuation approaches ofthe past and present- an approach which has proved very successfulover the past four editions.
 

This casebook contains cases and notes designed to provide anunderstanding of the history of the private equity industry'sdevelopment and the workings of the industry today. By explainingthe industry on a case-by-case basis, this text promises to addressthe critical question of whether gains made in recent years havebeen sustained and how firms will respond to the currentopportunities and challenges.