Through your financial services firm, Vestin Capital, Inc., you have raised a pool of money from clients. You intend to invest it in new business opportunities. To prepare for this endeavor, you decide to answer the following questions:

1. What are some of the challenges of financing entreprenurial growth companies (EGC's)?

2. What are the different types of venture capital funds?

3. What are some choices for organizing a venture capital firm?

4. In what ways should a venture capital firm structure its investments?

5. Should venture capital firms use convertible securities?

6. What are some of the exit strategies that may be available to a venture capital firm?