Vventure capitalists

IN 1980, venture capitalists invested almost $1 billion in the growth businesses and emerging industries of the future. Eighty percent of this investment was made by the 100 or so leading venture capital firms. These professionally managed venture capital firms are dedicated to identifying business opportunities that can become major corporations within ten years. These venture‐capital‐financed companies will play key roles in defining the future competitive environment of present corporations, so tracking these firms is one way of keeping an eye on the future.