14-4 Venture Capital First Stage Market Value Balance Sheet(Smil) assets Liabilities and equity Cash from new equity 0.5 New equity from venture capital 0.5 Other assets 0.5 Your original equity 0.5 Value 1.0 Value 1.0 Irwin/McGraw-Hill CThe McGraw-Hill Commpanies, Inc, 2001©The McGraw-Hill Companies, Inc.,2001 14- 4 Irwin/McGraw-Hill Venture Capital First Stage Market Value Balance Sheet ($mil) Assets Liabilities and Equity Cash from new equity 0.5 New equity from venture capital 0.5 Other assets 0.5 Your original equity 0.5 Value 1.0 Value 1.0