The third section of the book looks at efforts to apply the principles of venture investing in corporate, public sector, educational, and international settings.

The authors argue that the lack of adequate compensation schemes and organizational structures usually limit the success of the venture capital model in these settings.

He further states that the book may be interesting to economists, explaining that "the familiar problems of agency cost, information asymmetry, adverse selection, and moral hazard assume overarching importance in the VC business."

[2] Reviewers also say that the authors "are strong supporters of the venture capital model", and hence "the reader is left with little doubt that the VC business has managed the trick at least tolerably well.

"[1][2] George Kingston points out that the book was published prior to the stock market downturn of the internet bubble and "it does not address the impact of these events on venture capital".