Nothing ventured?

Abstract

This book set out to describe and evaluate public policy for venture capital in the U.S. and Germany. While it certainly has not answered all questions along the way, at least one insight should by now be firmly ingrained in the minds of this discussion’s readers. Not supply of, but demand for venture capital is the crucial ingredient that American and German policy makers have to add to their equations if they want to see their domestic venture capital markets flourish and thereby ultimately have the two countries’ economies themselves prosper.