Venture Capital
- attractive as never before

Venture Capital
- attractive but demanding

Venture Capital
- as an Investment Category

New Technologies offer great chances for high yield but also involve high risk

In order to balance the risk, high-technology funds investing inspecialized areas
have been created

Complex structure in the form of Limited Liability Partnerships with unpredictable
cash-flow patterns

The Art of Venture Capital-Funds:
„Winner Picking“ = choosing as many possible long-term performers from the
10% of successful start-up companies