The Way of the VC is the best book I have read on venture capital with thoughtful advice for the entrepreneur. Yinglan captures the wisdom of the ages, with the vision of an oracle he captures how a venture capitalist thinks, and how the best ones act. -- Timothy C. Draper , Founder & Managing Director, Draper Fisher Jurvetson With the emergence of venture capital investment as a professional practice, understanding the way in which this industry works is critically important for practitioners and would-be practitioners, whether they are (or aspire to be) working for entrepreneurial ventures, venture firms, or large institutional capital pools. I applaud Yinglan Tan, who has distilled many interesting "war stories" and experiences of venture capitalists into a useful and effective framework in The Way of the VC . -- Professor Josh Lerner , Jacob H. Schiff Professor of Investment Banking, Harvard Business School Yinglan gives valuable accounts coupled with insightful observations about the past, present and future of an industry that is still in its infancy--but growing up fast. The book will also help entrepreneurs who need venture capital financing by showing them how VCs add value to their companies.

This book belongs in the library of anyone who has ever taken a serious interest in venture capital. -- Neil Shen , Founding and Managing Partner, Sequoia Capital China Venture capitalists rely heavily on personal judgment and experience. This extensive collection of shared wisdom and viewpoints is therefore a valuable addition to the growing number of VC textbooks and war stories. Yinglan has skillfully captured the Tao of VC practitioners and entrepreneurs in a lively and enlightening book. -- Lin Hong Wong , Author of Venture Capital Fund Management Top-flight entrepreneurs are blessed with terrific ideas and boundless energy. But lacking capital, they must join together with VCs. The prescription is easy, the implementation tough. Entrepreneurs and VCs differ in orientation, background and interests.

In this lively and insightful volume, Yinglan Tan tells how entrepreneurs can handle the relationship effectively, from early-stage conception through to a thriving company. -- Richard Zeckhauser , Frank P. Ramsey Professor of Political Economy, Harvard University.