Gerasymenko, Violetta; Arthurs, Jonathan D. - In: Journal of Business Venturing 29 (2014) 3, pp. 405-420
We examine how VCFs' forecast of an IPO exit affects their breadth of advising and the likelihood of founder–CEO replacement shortly after they invest in a new venture. Moreover, we examine how the expected time-to-exit moderates these relationships. Our findings show that the likelihood of...