Lauterbach, Rainer; Welpe, Isabell; Fertig, Jan - In: Financial Markets and Portfolio Management 21 (2007) 1, pp. 45-67
Recent research has pointed out the need to differentiate between good versus poor performance of venture capital and … private equity and venture capital firms worldwide over the period from 1979 to 2003. Our results confirm that the reduction … of convertibles and by increasing the venture capital firms’ accumulated experience, profits are increased by the …