1. The Private Equity and Venture Capital Industry
Key words
VC=Venture Capital; PE = Private Equity; LBO = Leverage Buyout; DC = Development Capital;
Investment in private company
Investment in equity
Entrepreneur
Capital gain
VC are not bankers
Risk and Reward
Exit: IPO M&A

2. Private Equity Products
The Private Equity and Venture Capital Industry
Private Equity Products
Cash flow
Buy out
Pre IPO
Share
Turn Around
Purchase
Growth capital
Build up +
Time -
Start up
Products
Seed

3. Global share of PE & VC market
The Private Equity and Venture Capital Industry
Global share of PE & VC market
Notes:
Source: PricewaterhouseCoopers Global Private Equity Survey 2006

4. World Trends
World Venture Capital and Private Equity Market: Investment and fund raising trends

5. Financing stages of a start up
The Venture Capital Industry
Financing stages of a start up
Love
Money
IPO
2nd VC
round
1st VC
Seed
3rd VC / pre-IPO
€10k
At par
€0.4m/1.5m
€1m/4m
Amount raised
Value pre-money
€1.5m/5m
€2m/5m
€5m/15m
€4m/10m
€15m/30m
€10m/50m