Chapter 4: The Universe of Investment
Private equity isn’t just one thing. It’s a whole universe that follows a company from its very first day until it’s a giant corporation.
Private equity isn’t just one thing. It’s a whole universe that follows a company from its very first day until it’s a giant corporation.
Chapter 4 is where Demaria gets into the actual strategies private equity funds use to make money. He starts with the one everyone has heard of: venture capital. The stuff that turns garage projects into billion-dollar companies. Or, more often, burns through cash and produces nothing.