Enterprise and venture capital is a guide for people looking to build new businesses around bright new ideas, and investors awake to the opportunities offered by new business building. This revised and updated edition of Christopher Golis' 1989 book sets out in a straightforward and practical way how to put venture capital to work. It begins by setting out the fundamentals of building a business from an innovative idea and goes on to explain the sources of venture capital available. It explains for the business builder the principles and steps involved in obtaining appropriate financing, including the preparation of a business plan, the choice of a venture capitalist and advice on negotiations with investors. The book concludes with advice to investors on how to invest venture capital wisely and how to manage a venture capital portfolio. Based on the personal experience of one of Australia's leading venture capital managers and the analysis of over 850 business plans, this book fills a long felt need in Australian business. It provides the basis for the kind of business building and productive investment in innovative business ideas that Australia desperately needs. It will be invaluable to people running their own business or planning a new enterprise; to executives in innovative companies; to investors looking for new and productive business opportunities, and to students of business, commerce and finance. Christopher Golis is a director of several fast growth companies. He is a graduate of Cambridge University and the London Business School. He is one of the pioneers of venture capital management in Australia and speaks and writes widely in the field. He is also the author of Empathy selling.