History of the Venture Capital World

AN INNOVATIVE AND DYNAMIC APPROACH TO VENTURE CAPITAL AND INCUBATION

A Brief History of the Venture Capital World

By: Chris Yeh and Ken Miyanagi

The Genesis

1911 Bessemer Securities

The history

1911 - The Genesis

1950 - First Generations

Era of semiconductor

First Generations

1946 American R&D Corp. Georges Doriot

1961 Davis & Rock Arthur Rock

1959 DGA, 1965 Sutter Hill Bill Draper

1965 Asset Management Company Pitch Johnson

First Generations

The history

1911 - The Genesis

1950 - First Generations

1972 - Giants

Era of personal computer

Giants

1980 John Doerr

1986 Vinod Khosla

1972 Don Valentine

1986 Mike Motriz

Giants

The history

1911 - The Genesis

1950s - First Generations

1972 - Giants

1978 - Maturity

Era of a new networked world

Maturity

1978

1981

1982

1983

1984

1985Number of VC : around 100

The history

1911 - The Genesis

1950 - First Generations

1972 - Giants

1978 - Maturity

1995 - .com

Era of the dawn of the modern internet

.com

1,000

1995

2000

2003 500

100

Number of active VC firm

The history

1911 - The Genesis

1950 - First Generations

1972 - Giants

1978 - Maturity

1995 - .com

2003 - New Styles

Era of new social networks

New Styles

Incubator

New Styles

Early stage

Early stage

New Styles

Peter Thiel

New Styles

Early – Later stage

What do VCs question to entrepreneurs?

Don Valentine

What makes your market attractive?

Bill Draper

What makes your product/service a killer app?

Dick Kramlich

Why is your team uniquely qualified to do this?

Questions?Email: [email protected]