Battery Ventures

Posted: 30 Dec 2006

See all articles by G. Felda Hardymon

G. Felda Hardymon

Harvard Business School - Finance Unit

Ann Leamon

Harvard Business School - Finance Unit

Josh Lerner

Harvard Business School - Finance Unit; Harvard University - Entrepreneurial Management Unit; National Bureau of Economic Research (NBER); European Corporate Governance Institute (ECGI); Harvard University - Private Capital Research Institute

Date Written: February 25, 2002

Abstract

SUBJECT AREAS: Organization, Venture capital

CASE SETTINGS: Massachusetts; Securities & investing; 67 employees; 2001

Todd Dagres, general partner of Battery Ventures, reflects on his firm's organization and it's effectiveness in one particular deal. One of the perennial challenges of venture capital is the scaling of the firm. Usually regarded as a craft industry, venture firms tend to have fewer than ten deal-makers. Battery has undertaken a particular approach to this problem, instituting a career path that begins at a very low level, progressing to general partner. Examining Battery making a deal demonstrates the advantages and disadvantages of this structure.

Suggested Citation

Hardymon, G. Felda and Leamon, Ann and Lerner, Josh, Battery Ventures (February 25, 2002). HBS Publishing Case No.: 9-802-159; Teaching Note No.: 9-805-036, Available at SSRN: https://ssrn.com/abstract=954269

G. Felda Hardymon

Harvard Business School - Finance Unit ( email )

Boston, MA 02163
United States

Ann Leamon (Contact Author)

Harvard Business School - Finance Unit ( email )

Boston, MA 02163
United States
203-918-4492 (Phone)
781-237-6050 (Fax)

Josh Lerner

Harvard Business School - Finance Unit ( email )

Boston, MA 02163
United States
617-495-6065 (Phone)
617-496-7357 (Fax)

HOME PAGE: http://www.people.hbs.edu/jlerner/

Harvard University - Entrepreneurial Management Unit

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United States

National Bureau of Economic Research (NBER)

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European Corporate Governance Institute (ECGI) ( email )

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Harvard University - Private Capital Research Institute ( email )

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