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EBoys: the First Inside Account of Venture Capitalists at Work

by Stross, Randall E.

  • ISBN: 9780812930955
  • ISBN10: 0812930959

EBoys: the First Inside Account of Venture Capitalists at Work

by Stross, Randall E.

  • List Price: $25.95
  • Binding: Hardcover
  • Publisher: Crown Business
  • Publish date: 01/01/2002
  • ISBN: 9780812930955
  • ISBN10: 0812930959
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Description: eBoys is the first inside account of life in a Silicon Valley venture capital firm, ground zero of the new Internet economy. Randall Stross blends a historian's perspective with a journalist's inside access to examine wealth creation up close. The book is based upon two years of research at Benchmark Capital, an upstart firm of young renegades who, by dint of smarts and testosterone, became the hottest firm on Sand Hill Road while Stross was in residence.

Stross narrates individual stories of venture capitalists and entrepreneurs to illuminate the investment alchemy that has produced returns of 10%, 100%, and 1000% in a blink of historical time. He also provides an insider's account of life within a number of Benchmark-backed startups at which he spent time from their beginnings, including a little company in San Jose, eBay. Benchmark's $5 million investment in eBay in 1997 was worth, in early 1999, more than $5 billion -- about 100,000% -- making it the single biggest payoff in venture capital history.

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