Venture capitalist

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Venture capitalist is the manager of a venture capital fund. The fund raises most of its capital from institutional investors and invests in start-up companies in exchange for equity.


Definitions

According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),

Venture capitalist. The manager of a venture capital fund. The fund raises most of its capital from institutional investors and invests in start-up companies in exchange for equity.

According to Management by Robbins and Coulter (14th edition),

Venture capitalist. External equity financing provided by professionally managed pools of investor money.


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