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Valuation of Venture Capital Securities: An
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... equity given up, are all interrelated and disputed during fund raising negotiations. The “Venture Capital Method” is used as a framework for this analysis. Given the expected sale/IPO (Initial Public Offering) year, the expected sale/IPO value, the required rate of return (to compensate the venture ...
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... investor plans to retire (assumed to be age 65) and likely stop making new investments in the Trust. If an investor plans to retire significantly earlier or later than age 65, the Trusts may not be an appropriate investment even if the investor is retiring on or near the target date. The Trusts’ all ...
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Audited Financial Statements June 30, 2010
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Corporate venture capital

Corporate venture capital (CVC) is the investment of corporate funds directly in external startup companies. CVC is defined by the Business Dictionary as the ""practice where a large firm takes an equity stake in a small but innovative or specialist firm, to which it may also provide management and marketing expertise; the objective is to gain a specific competitive advantage.The definition of CVC often becomes clearer by explaining what it is not. An investment made through an external fund managed by a third party, even when the investment vehicle is funded by a single investing company, is not considered CVC. Most importantly, CVC is not synonymous with venture capital (VC); rather, it is a specific subset of venture capital.In essence, it is best to think of CVC as a subset of venture capital whereby a company is investing, without using a third party investment firm, in an external start-up that it does not own.Examples of CVCs include Google Ventures and Intel Capital.
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