Showing 1 - 10 of 28,023
This paper investigates the actual performance of 2,895 Initial Public Offerings of companies that were backed by …
Persistent link: https://www.econbiz.de/10010765309
continuing to bring in more and more funds. Indian research on initial public offerings is sparse. Previous studies have … purposes of venture capital business is to exit, ideally through an initial public offering (IPO). The reason for their … capitalist would get if they offer their stock to public when compared to valuation in any other form of exit. …
Persistent link: https://www.econbiz.de/10010765302
The 1986 Tax Reform Act eliminated preferential tax treatment of capital gains. Proposals to reinstate the preference suggest that risky new investment will suffer without favorable treatment of investment returns. Others have argued that capital for risky new ventures is largely supplied by...
Persistent link: https://www.econbiz.de/10011310330
The 1986 Tax Reform Act eliminated preferential tax treatment of capital gains. Proposals to reinstate the preference suggest that risky new investment will suffer without favorable treatment of investment returns. Others have argued that capital for risky new ventures is largely supplied by...
Persistent link: https://www.econbiz.de/10010790711
resources. The strengthening of public activities is mainly due to the new type of equity schemes introduced in the European …. However, the greatest risk of public equity schemes, i.e. the crowding out effect on private investors, is missing in the CEE …
Persistent link: https://www.econbiz.de/10011304591
In recent years governments around the world have introduced policies to stimulate investments in early stage entrepreneurial companies, in particular investments by Angel investors. In this paper we study whether introducing subsidies to Angel investors has effects on startups’ access to...
Persistent link: https://www.econbiz.de/10012622932
This paper studies the interactions between corporate law and VC exits by acquisitions, an increasingly common source of VC-related litigation. We find that transactions by VC funds under liquidity pressure are characterized by (i) a substantially lower sale price; (ii) a greater probability of...
Persistent link: https://www.econbiz.de/10013279443
India has an estimated 26,000 startups, making it the third-largest startup ecosystem in the world, recording consolidated inflows of over $36 billion in the past 3 years with 26 "unicorns" - startups valued over $1 billion. The Indian startup ecosystem has expanded quite rapidly mainly through...
Persistent link: https://www.econbiz.de/10012239563
We look at syndication in the venture capital industry. Investments conducted by syndicates are believed to have better chances of being successful, measured by the survival probability of portfolio companies or by successful exits. Using a novel and large dataset, covering several countries,...
Persistent link: https://www.econbiz.de/10012268276
This paper investigates a model where two corporate venture capital firms (CVCs) decide whether to finance a new venture stand-alone or together, called syndication. The CVCs obtain a cash flow if the venture succeeds. In addition, the venture has a positive or negative effect on an asset of the...
Persistent link: https://www.econbiz.de/10011715860