Agency Costs of Venture Capitalist Control in Startups
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منابع مشابه
The Role of the Value Added by the Venture Capitalists in Timing and Extent of IPOs
We analyze the venture capitalist's decision on the timing of the IPO, the offer price and the fraction of shares he sells in the course of the IPO. A venture capitalist may decide to take a company public or to liquidate it after one or two financing periods. A longer venture capitalist's participation in a firm (later IPO) may increase its value while also increasing costs for the venture cap...
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