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through a database of 6,271 founding entrepreneurs from North America, Europe, and Asia. We compare and contrast founders who … of the founding entrepreneur’s choice to exit the firm after acquisition …
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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...
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