Robert Finkel in his book The Masters of Private Equity and Venture Capital has captured the essence of successful venture capital and private equity masters. Though in the beginning I thought the word “masters” in the title of the book a bit cheesy but as I knew more about venture capital I am convinced that it’s a right choice.
The challenge with entrepreneurship, investments, or any activity that involves interactions with humans is that its not a precise science. You are judging and betting on people and their dreams, their intentions, and their ability to get things done. Its a tricky business, and a great candidate for apprenticeship model.
Although each PE(Private Equity) or VC(Venture Capital) has some similar sets of financial tools, they all have unique personalities, observations, and capacities. So you got to listen to their stories in their own words. You got to find out what they were thinking when they did those pioneering deals. In that regard the book does a wonderful job. You can hear the voice of each “master” very clearly.