“In the first edition of this book, Mahendra covered Arboretum’s Fund I journey. We are now on Arboretum Fund V in 2021. More than a decade later, this book continues to inspire, inform and shape the journey of future fund managers”

“Whether you are a practitioner or a student of the venture capital industry, this book offers innumerable insights into the art of the deal.”

“Mahendra has written the book I needed when I first entered the venture business. Rather than blindly stumbling my way to understanding the basics, I would have saved so much time. This book is like getting a five-year head start for anyone who wants to get up to speed about how it really works.”

“An immensely useful and comprehensive guide.”

“Detailed yet accessible description of the many facets of venture capital-from the nuanced considerations of an LP to the intricate mechanics of the entrepreneurial companies they bet on”

“.. packs the insights and wisdom of those who have done it, not once but multiple times.”

“Captures the LP mindset succinctly—any GP or aspiring VCs can benefit from this book.”

“A decade later, the third edition of this book continues to build upon the VC industry, its best practices, worst biases, swift changes, and all the excitement that goes with it”

“Combines concrete examples and deep insights of industry leaders-a must-have for any venture investor or practitioner”

“Another masterpiece really digging into the art of venture funds, portfolio construction and deal mechanics! Loved it and a must-read. Anything that Mahendra writes, I read.”

“The Business of Venture Capital is a comprehensive book with data, industry trends, and insights from leading VCs and LPs—a must have for practitioners.”

“If you read only one guide to becoming a successful VC, this is the one to read.”

“A definitive guide to a nuanced, complex business which has no formulas – The Business of Venture Capital peels back the curtains to reveal an insider’s look into the high-stakes world of high-tech VC”

“T.S. Eliot suggested that exploration would lead us to back to where we started, allowing us to know the place for the first time.  Mahendra’s book was like that for me, shedding fresh light on areas I’d explored during two decades in VC while also expertly illuminating emerging trends.”

“A solid foundation of investment frameworks and mental models for any venture investor, a useful guide in our rapidly changing world ”

“Mahendra’s research into today’s most active investors reveals how the Venture Capital model is evolving. It’s the closest book I’ve found to a User’s Manual for VC.”

“A valuable resource for beginners and experts alike, The Business of Venture Capital addresses the complexities and challenges of being a successful venture capitalist”

“Mahendra demonstrates how skill, discipline, and often luck and intuition can help to create successful venture capitalists. This is engaging and enjoyable”