The boys in the bubble: Internet entrepreneurs and stock market value

This paper expands the set of non-financial indictors of internet stock value to include that attributable to the retention of the founding entrepreneur. The failure of traditional financial value metrics to adequately explain the Internet stock boom has already provoked much research on non-financial indicators of firms value. The current paper adds to this trend of seeking “intangible” sources of Internet stocks value, by focussing on the role of the founding entrepreneur. 2005 Elsevier Ltd. All rights reserved.