-star coverage are more likely to be chosen to lead the next VC-backed deal. We find a positive relationship between underpricing and … all-star coverage for Top VCs, but not non-Top VCs. Top VCs tolerate higher levels of underpricing because the information … momentum generated by underpricing allows them to cash out at higher prices when the lockup expires …

the moderating effect of venture capital through the interaction of technology and R&D on the underpricing of IPOs in … China’s A-share market. Motivation: The role of technology in IPO underpricing and the moderating influence of venture … capital, R&D, and technology on underpricing of IPO have not been studied; thus, this research aims to fill this gap. Idea …