This paper investigates the actual performance of 2,895 Initial Public Offerings of companies that were backed by venture capital from 1968 through 1998. It seeks to refute the myth that investors demand very high annualized and cumulative rates of return to compensate for the risks they are taking by financing ventures. In fact, it argues that, based on historical statistics, the total returns of the venture capital market are reasonable given the level of risk. This is done by concentrating on sections of various types of industries that have been supported by venture capital
We describe a new index of the current and historical returns to venture-type capital. The conceptua...
For start-up businesses, the source of outside capital can be retrieved from the venture capital ind...
This paper measures the mean, standard deviation, alpha and beta of venture capital investments, usi...
This paper investigates the actual performance of 2,678 Initial Public Offerings (IPOs) of companies...
Venture investment activity covers many phases of financial stages. In spite of the increased attent...
Incredible profits from Initial Public Offerings have been highly emphasized. This paper refutes the...
Over the past two decades the venture capital industry became a major focus for the financial media....
Venture capital and initial public offerings have been the backbone of the development of new busine...
Economic geography receives limited consideration in the venture capital literature. This study util...
The article of record as published may be found at http://dx.doi.org/10.1016/j.jbvi.2015.02.002This ...
The stock market return and the risk of 33 quoted European venture capital companies during the peri...
This report analyses the venture capital industry and the role venture capitalists play in initial p...
Academic studies in entrepreneurial finance were almost non‐existent until the early 1990s. However,...
Academic studies in entrepreneurial finance were almost non‐existent until the early 1990s. However,...
This study examines how risk evolves in private, venture capital backed companies. It finds that the...
We describe a new index of the current and historical returns to venture-type capital. The conceptua...
For start-up businesses, the source of outside capital can be retrieved from the venture capital ind...
This paper measures the mean, standard deviation, alpha and beta of venture capital investments, usi...
This paper investigates the actual performance of 2,678 Initial Public Offerings (IPOs) of companies...
Venture investment activity covers many phases of financial stages. In spite of the increased attent...
Incredible profits from Initial Public Offerings have been highly emphasized. This paper refutes the...
Over the past two decades the venture capital industry became a major focus for the financial media....
Venture capital and initial public offerings have been the backbone of the development of new busine...
Economic geography receives limited consideration in the venture capital literature. This study util...
The article of record as published may be found at http://dx.doi.org/10.1016/j.jbvi.2015.02.002This ...
The stock market return and the risk of 33 quoted European venture capital companies during the peri...
This report analyses the venture capital industry and the role venture capitalists play in initial p...
Academic studies in entrepreneurial finance were almost non‐existent until the early 1990s. However,...
Academic studies in entrepreneurial finance were almost non‐existent until the early 1990s. However,...
This study examines how risk evolves in private, venture capital backed companies. It finds that the...
We describe a new index of the current and historical returns to venture-type capital. The conceptua...
For start-up businesses, the source of outside capital can be retrieved from the venture capital ind...
This paper measures the mean, standard deviation, alpha and beta of venture capital investments, usi...