Narrow search
Showing 1 - 10 of 1,200
Cover Image
Public equity markets and innovation
Bernstein, Shai - 2017
This paper reviews the literature on the role of public equity markets in the innovation ecosystem. The review … highlights the importance of public equity markets in funding the research and development activities of young and high growth …-stage start-ups, on the performance of public equity markets and the initial public offering market in particular. Finally, the …
Persistent link: https://www.econbiz.de/10011723674
Cover Image
The persistent effect of initial success : evidence from venture capital
Nanda, Ramana; Samila, Sampsa; Sorenson, Olav - 2017
We use investment-level data to study performance persistence in venture capital (VC). Consistent with prior studies, we find that each additional IPO among a VC firm's first ten investments predicts as much as an 8% higher IPO rate on its subsequent investments, though this effect erodes with...
Persistent link: https://www.econbiz.de/10011876728
Cover Image
Liquidity events and returns of EIF-backed VC investments
Prencipe, Dario - 2017
Despite the sometimes intensive media coverage and exuberant storytelling around the industry, venture capital (VC) investors tend to operate in highly opaque markets. On this premise, this work contributes to the literature via a hand-collected dataset of about 3,600 EIF-backed VC investments...
Persistent link: https://www.econbiz.de/10011863286
Cover Image
The New Exit in Venture Capital
Ibrahim, Darian M. - 2015
This Article examines a third exit option in venture capital to supplement IPOs and trade sales: secondary markets for the sale of individual ownership interests in start-ups and venture capital (VC) funds. While investors can readily buy shares in publicly-traded companies, until recently they...
Persistent link: https://www.econbiz.de/10013038538
Cover Image
Business Angels’ Perspectives on Exit by IPO
Carpentier, Cécile - 2014
should consider the initial public offering (IPO) as a possible exit mode. However, they show a strong preference for the …
Persistent link: https://www.econbiz.de/10013056196
Cover Image
No Financial Cleanup : A Study of Venture Capital Returns on Cleantech IPOs
Bygrave, William D. - 2014
We studied the financial returns of 52 venture-capital-backed cleantech companies that had IPOs between 2000 and 2010. The median IRR for the first round of venture capital was 26.1% with a range from -10.4% to 140.0%. The median IRR on the third round was 24.5% with a range from 8.1% to 184.6%....
Persistent link: https://www.econbiz.de/10013056635
Cover Image
The Determinants of Venture Capital : Additional Evidence
van Pottelsberghe de la Potterie, Bruno - 2016
Persistent link: https://www.econbiz.de/10012991355
Cover Image
Delaware Incorporation Matters for New Ventures : Evidence from Venture Capital Investment and the Going Public Process
Waisman, Maya - 2010
of going public. The results suggest that companies incorporated in Delaware receive more venture financing and attract … that Delaware-incorporated venture-backed firms are more likely to reach the stage of going public, get to that stage …
Persistent link: https://www.econbiz.de/10013148782
Cover Image
Meta-analyzing the relative performance of venture capital-backed firms
Lohwasser, Todor S. - 2020
In this study, we perform a meta-analysis on existing research covering the relationship between a venture capitalist's involvement (VCI) and the performance (P) of funded firms. As research on this topic has been inconclusive, we aim to determine whether providers of venture capital (VC) only...
Persistent link: https://www.econbiz.de/10012213477
Cover Image
What One Can Learn from the Initial Public Offering of Google? A Twenty-Year Excursion to the Venture Capital Industry
Shachmurove, Yochanan; Shachmurove, Emanuel - 2012
determining the success of an investment. It compares data on the rates of return of 2,678 venture-backed public companies during …
Persistent link: https://www.econbiz.de/10014068907