3. Venture capital
Venture capital was invented by Georges Doriot (figure 2 ), a Frenchman best known in the USA, but who was also behind INSEAD. In 1946, he created AR (American Research and Development), with funds from MIT. The emergence of this new profession was a response to the emergence of new companies, based on R, offering innovations to the market. It was a necessary complement to the traditional banking system, which was unable to finance projects that were too risky: the idea was to finance something for which there was no guarantee of repayment.
His most famous investment was in 1957 in Digital Equipment, a company founded by Ken Olsen, an MIT engineer who developed the first transistor...
Exclusive to subscribers. 97% yet to be discovered!
You do not have access to this resource.
Click here to request your free trial access!
Already subscribed? Log in!
The Ultimate Scientific and Technical Reference
This article is included in
Industrial management
This offer includes:
Knowledge Base
Updated and enriched with articles validated by our scientific committees
Services
A set of exclusive tools to complement the resources
Practical Path
Operational and didactic, to guarantee the acquisition of transversal skills
Doc & Quiz
Interactive articles with quizzes, for constructive reading
Venture capital
Bibliography
Websites
-
Company start-ups
PACE http://www.apce.com
Chamber of Commerce and Industry https://www.cci.fr/ressources/creation-dentreprise
...
Events
Salon des entrepreneurs (in Paris, Lyon, Nantes, etc.) http://www.salondesentrepreneurs.com
Salon des microentreprises (Paris, annual) http://www.salonmicroentreprises.com
Directories
Associations, portals (non-exhaustive list)
-
Social networks, associations
Start-up http://www.startupers.fr
Innovative SMEs http://www.comite-richelieu.org
...
Data on Business Angels
-
In France
According to France Angels (Fédération française des réseaux de Business Angels), 4,000 Business Angels have invested e44.5 million in 327 companies, of which 20% via Société d'investissement de Business Angels (SIBA), with a total of e7,000 in BAs. Overall, co-investments account for 25% of the transactions carried out and amounts invested by Business...
Exclusive to subscribers. 97% yet to be discovered!
You do not have access to this resource.
Click here to request your free trial access!
Already subscribed? Log in!
The Ultimate Scientific and Technical Reference