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"Raising entrepreneurial capital guides the reader through the stages of successfully financing a business. The book proceeds from a basic level of business knowledge, assuming that the reader understands simple financial statements, has selected a specific business, and knows how to write a business plan. It provides a broad summary of the subjects that people typically research, such as "How should your company position itself to attract private equity investment?" and "What steps can you take to improve your company's marketability?"Much has changed since the book was first published, and this second edition places effects of the global recession in the context of entrepreneurship, including the debt vs. equity decision, the options available to smaller businesses, and the considerations that lead to rapid growth, including venture capital, IPOs, angels, and incubators. Unlike other books of the genre, Raising entrepreneurial capital includes several chapters on worldwide variations in forms and availability of pre-seed capital, incubators, and the business plans they create, with case studies from Europe, Latin America, and the Pacific Rim."

"Gone are the days when venture capital groups poured millions into every "next big thing." Competition is fierce, and only the most viable businesses-and expert fundraising-will reap the capital necessary to drive continuous growth. Packed with tools for building business plans, preparing loan proposals, drafting offering materials, and more, "Raising Capital" covers every phase of the growth cycle and helps readers navigate the murky waters of capital formation. Containing checklists, charts, and sample forms, the third edition provides insights on the latest trends in the domestic and global capital markets, an overview of recent developments in federal and state securities laws, and strategies for borrowing money from commercial banks in today's credit-tightened markets. Whether one's business is a fledgling start-up, a rapid growth company, or a more established organization, this insider's guide offers readers the strategies they need to take their business to the next level."

"Whether your business is just a gleam in your eye, a newly launched operation, or a full-fledged firm that's humming right along, you'll never experience real growth without a substantial infusion of cash. Long gone are the days when venture capital groups seemed to pour millions into every "next big thing." Now it's clear that there is real competition for investors, and that only the most viable businesses -- and carefully executed fundraising -- will reap the capital necessary to drive continuous growth. Raising Capital is the definitive guide for entrepreneurs and growing companies that need to raise capital."

"FEUI Capital merupakan perusahaan yang bergerak di bidang konsultasi investasi privat. Layanan utama dari perusahaan adalah untuk menyediakan layanan konsultasi kepada klien mengenai proses penghimpunan dana untuk perusahaan atau yang sering disebut capital raising. Penulis ditempatkan pada divisi konsultan pembiayaan dengan jabatan sebagai Analyst Intern yang berperan untuk membantu analyst serta associate dalam melayani klien dalam proses capital raising, baik secara kualitatif maupun kuantitatif. Tujuan dari laporan akhir magang ini adalah untuk memahami bagaimana tahapan proses implementasi capital raising, kriteria investasi, serta bagaimana proses konsultasi strategi bisnis dengan klien dijalankan. Berdasarkan observasi, penulis membandingkan kriteria investasi yang digunakan oleh FEUI Capital dengan kriteria investasi yang diperhatikan oleh investor dengan melakukan peninjauan literatur penelitian terdahulu. Observasi membuktikan bahwa FEUI Capital secara garis besar telah berhasil memenuhi kriteria investasi dan ekspektasi investor.

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FEUI Capital is a company engaged in consultancy business for private investment. The main service of the company is to provide consulting services to clients regarding the process of raising funds for companies or what is often called capital raising. The author was placed in the consulting for capital raising division with the position of Analyst Intern whose role was to assist analysts and serve clients in the capital raising process, both qualitatively and quantitatively. The purpose of this final report is to understand the stages of the capital raising implementation process, investment criteria, and how the business strategy consulting process with clients is carried out. Based on observations, the author compared the investment criteria used by FEUI Capital with the investment criteria considered by investors, by conducting a review of previous research literature. Observations prove that FEUI Capital in general has succeeded in meeting investment criteria and investor expectations."

"Penelitian ini bertujuan untuk melihat peran informasi akuntansi dalam keputusan investasi venture capital di perusahaan baru berbasis teknologi. Studi ini bersifat kualitatif dan eksploratori dengan perolehan bukti empiris dari wawancara yang dilakukan terhadap professional yang berkerja di perusahaan venture capital di Indonesia. Agenda diskusi utama dibagi terhadap 3 preposisi yaitu: peran stewardship laporan keuangan yang tersedia; peran valuation dari laporan keuangan yang tersedia; dan dampak asset tidak berwujud tidak tersingkap pada nilai valuasi value of investment perusahaan. Dalam temuannya, informasi akuntansi tidak memegang peran stewardship dan valuation dalam keputusan investasi yang dimiliki venture capital. Aset tidak berwujud yang tidak tersingkap juga ditemukan mempengaruhi nilai valuasi venture capital.

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This research aims to examine the role of accounting information in venture capital investment decision at technology start ups. The study is qualitative and exploratory in nature, collecting data from a series of interview with professional who works at venture capital firm in Indonesia. Discussion agenda is framed on three propositions stewardship role of accounting information from existing financial statements valuation role of accounting information from existing financial statements and assessing the impact of undisclosed intangible assets to value of investments venture capital. We find that accounting information no longer plays strong stewardship and valuation role, certainly in early stage investment for venture capital investor. We also found undisclosed intangible assets have positive correlation impact on venture capital investment value. "

"Tesis ini membahas mengenai analisis pembiayaan secara bertahap staged financing yang diberikan oleh perusahaan modal ventura VCF kepada perusahaan startup di Indonesia, apakah benar pemberian pendanaan dilakukan secara bertahap atau tidak, termasuk persyaratan dari VCF ke perusahaan startup untuk dapat memperoleh pendanaan tahap berikutnya. Seiring kesadaran akan pentingnya teknologi meningkat, banyak perusahaan startup di Indonesia yang didirikan. Kebutuhan pendanaan perusahaan ini bukanlah sesuatu yang mudah untuk dipenuhi. Berdasarkan literatur, pendanaan secara bertahap umum dilakukan oleh VCF. Pendanaan pada startup dihadapkan pada adanya informasi asimetris yang tinggi baik terkait dengan masalah seleksi yang berpotensi merugikan maupun masalah moral hazard. VCF yang melakukan investasi pada startup yang potensial perlu mengurangi risiko ini dengan menginvestasikan dana secara bertahap. Penelitian kualitatif ini dilakukan dengan melakukan wawancara mendalam. Unit analisis penelitian ini adalah startup Indonesia yang didanai oleh VCF atau private equity. Objek penelitian berjumlah 6 startup di Indonesia. Berdasarkan hasil analisis, ditemukan bahwa perusahaan startup di Indonesia yang dibiayai oleh VCF atau investor lainnya diberikan pendanaan secara bertahap, atau dikenal dengan istilah staged financing. Selain itu, peneliti juga menemukan bahwa untuk mendapatkan pembiayaan tahap selanjutnya, VCF menetapkan beberapa persyaratan yang harus dipenuhi oleh perusahaan startup yang mereka danai. Persyaratan ini bahkan melibatkan proses audit.

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This thesis concerns analysis of the staged financing given by Venture Capital firms VCFs to the Indonesian start ups they financed, whether or not the staging exists, including the requirement from VCFs to the start ups in order to get the next stage of financing. As awareness of the importance of technology increased, many Indonesian start ups was established, most of them are technology based companies. These companies needs of funding are not something very easy to met. Funding on start ups encounter high information asymmetric both adverse selection problem as well as moral hazard problem. VCFs investing in potential start ups need to mitigate this risk by gradually invest its fund. Based on the literature, staged financing is widely used by VCFs.

This qualitative research run by conducting in depth interviews. The unit of analysis are Indonesian start ups funded by VCFs or private equity fund. Object of analysis are 6 Indonesian startups. We found that Indonesian start ups financed by VCFs or private equity funds are given the fund in stages, or also known as staged financing. We also found that to get the next stage of financing, VCFs set some requirements for start ups they financed to fulfil. These requirements even involve audit process followed strictly."