Investment, duration, and exit strategies for corporate and independent venture capital-backed start-ups
We propose a model of investment, duration, and exit strategies for start-ups backed by venture capital (VC) funds that accounts for the high level of uncertainty, the asymmetry of information between insiders and outsiders, and the discount rate. Our analysis predicts that start-ups backed by corpo...
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المؤلفون الرئيسيون: | , , |
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التنسيق: | text |
اللغة: | English |
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Institutional Knowledge at Singapore Management University
2015
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الوصول للمادة أونلاين: | https://ink.library.smu.edu.sg/soa_research/1696 https://ink.library.smu.edu.sg/context/soa_research/article/2723/viewcontent/jems12097__1_.pdf |
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المؤسسة: | Singapore Management University |
اللغة: | English |