Despite its “miniature” size, Louis C. Gerken’s The Little Book of Venture Capital Investing: Empowering Economic Growth and Investment Portfolios (Wiley, 2014) covers a lot of ground.
Gerken opens with a brief but scathing critique of the Occupy Wall Street movement, arguing that “if it wasn’t for capitalism,” and venture capitalists in particular, “none of the resources they had relied on to fuel their righteous indignation would even exist.” (p. xiii) In fact, as he contends later, “Venture capital investment has been almost singlehandedly responsible for delivering huge productivity gains to the U.S. economy by way of financing new information, communication technologies, and innovations.” (p. 52)
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