Cover pages of reports or white papers related to venture capital, including titles, author names, and contact information for organizations such as Saybrook Graduate School and Levonshon Venture Partners.

White Papers

In May 2006, Pascal established and chaired the Working Group on Director Accountability and Board Effectiveness, a 33-member VC industry group that promoted director education and best governance practices. The result of this collaboration is A Simple Guide to the Basic Responsibilities of Venture-Backed Company Directors, published in 2007. Pascal is the principal author of this paper.

White Papers

Title page of a white paper titled 'Rites of Passage' by Pascal N. Levensohn, discussing managing CEO transition in venture-backed technology companies, published in January 2006.

Rites of Passage

English, Hebrew, and Arabic versions. A candid examination of the challenges associated with replacing founding CEOs in startups, why it happens so often, and how to do it right.


Cover page of a white paper titled 'A Simple Guide to the Basic Responsibilities of VC-Backed Company Directors' with a list of contributing members and their affiliations.

A Simple Guide to Director Responsibilities for VC-Backed Companies

A comprehensive review of the practical and fiduciary responsibilities of startup directors. Do you know your fiduciary duties and the liabilities for failing to exercise them responsibly? Find the answers here.


Cover page of a white paper titled "How Venture Boards Influence After the Term Sheet: The Success or Failure of Technology Companies." Authors are Dennis T. Jaffe, Ph.D., from Saybrook Graduate School, and Pascal N. Levensohn of Levensohn Venture Partners, dated November 2003.

After the Term Sheet

A venture capitalist’s real work begins after the investment is made. Find out what is expected, and required, of VCs who truly add value to their portfolio companies.

Two books stacked together. The book on the left has a pink and white cover with the title 'Venture Capital' in English and Chinese characters. The book on the right has a blue and white cover with Chinese characters and the name 'Fengxian Touzhixue' in English. Both books have Chinese text and logos on the bottom of their spines.

The First Chinese Undergraduate Textbook on Venture Capital 

(1st Edition 2011, 2nd Edition 2018)

Pascal’s multi-year collaboration with Professor Manhong Mannie Liu of Renmin University of China began in the summer of 2007, when they met at Harvard Law School’s Symposium on Building the Financial System of the 21st Century between China and the United States, sponsored together with CDRF (China Development Research Foundation) and PIFS (the Program on International Financial Systems).

The resulting Chinese textbook is categorized as part of “China’s National College Major Investment Textbook Series for the Twelfth Five-Year Plan.” First released in 2011 and republished in an expanded second edition in 2018, the book covers the venture capital concept, entrepreneurship, fundraising, business plan construction and analysis, investment due diligence, post-investment monitoring, and liquidity events.