Are Hedge Funds out of Control?

If you go to Amazon.com and search for books about venture capital you get 14 114 responses which include many text books. Andrew Metrick a professor of finance at Wharton has just written a new book on the subject titled Venture Capital and the Finance of Innovation. Unlike the thousands of other books though this one offers a different approach especially in areas such as valuing startup companies and IPOs by bridging the gap between finance fundamentals and venture capital practice. Knowledge at Wharton spoke to Metrick about his new book and also about the increasing power and presence of hedge funds.

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