Global venture funding hit one of its all-time highs in the first quarter of 2021. This surge was attributable to a spectrum of early-stage to late-stage funding, from value creation to active management. With thousands of innovative start-ups all over the world, how do venture capital firms identify businesses worth their investment? How do venture capitalists gauge risk versus reward? Does activist investment contribute to cultivating great management teams? How does it steer companies to growth and profitability?