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As the former chairman of the Illinois Venture Capital Association, private equity investor Robert Finkel fondly recalls a popular series of panels he helped arrange called “VC Confidential” in which seasoned pros candidly described the lessons they’ve learned.

“They weren’t afraid to criticize themselves or their actions,” said Finkel, the president and founder of Chicago private equity firm Prism Capital.

But while the panels were invaluable to the junior VCs in the audience, Finkel realized that none of the remarks were ever recorded. So he decided to invite several big-name investors to see if they’d be willing to share their wisdom in print for all to see.

The result is “The Masters of Private Equity and Venture Capital,” a book that profiles 10 pioneering investors – five in private equity and five in venture capital – who discuss their favorite accomplishments, biggest mistakes and key lessons. Finkel and co-author David Greising, chief business correspondent of the Chicago Tribune, spent several hours with each investor in videotaped interviews to capture their innermost thoughts.

To read the full, original article click on this link: In New Book, Venture Capital ‘Masters’ Share Lessons Learned - Venture Capital Dispatch - WSJ

Author: Scott Austin