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The Risk and Return of Venture Capital
9 references·16 citing·52 second hop
The Risk and Return of Venture Capital (2001)The Risk and Return of Venture CapitalValuation and Return Dynamics of New Ventures (2003)Valuation and Return Dynamics…Understanding Venture Capital Structure: A Tax Explanation for Convertible Preferred Stock (2003)Understanding Venture Capital…IPO Pricing in the Dot‐com Bubble (2003)IPO Pricing in the Dot‐com Bu…The Returns to Entrepreneurial Investment: A Private Equity Premium Puzzle? (2002)The Returns to Entrepreneuria…Money chasing deals? The impact of fund inflows on private equity valuations (2000)Money chasing deals? The impa…Risk and Reward in Private Equity Investments (1997)Risk and Reward in Private Eq…Venture capitalists and the decision to go public (1994)Venture capitalists and the d…Robust Financial Contracting and the Role of Venture Capitalists (1994)Robust Financial Contracting …Venture Capital at the Crossroads (1992)Venture Capital at the Crossr…Venture Capital Investment Cycles: The Impact of Public Markets (2019)Venture Capital Investment Cy…Foreign VCs and venture success: Evidence from China (2013)Foreign VCs and venture succe…Estimating Private Equity Returns from Limited Partner Cash Flows (2013)Estimating Private Equity Ret…Do networks of financial intermediaries help reduce local bias? Evidence from cross-border venture capital exits (2013)Do networks of financial inte…Private Equity Performance and Liquidity Risk (2011)Private Equity Performance an…Informational Hold-Up and Performance Persistence in Venture Capital (2010)Informational Hold-Up and Per…The Hazards of Using IRR to Measure Performance: The Case of Private Equity (2008)The Hazards of Using IRR to M…Risk and Return Characteristics of Venture Capital-Backed Entrepreneurial Companies (2008)Risk and Return Characteristi…Are Angels Different? An Analysis of Early Venture Financing (2008)Are Angels Different? An Anal…The Investment Behavior of Buyout Funds: Theory and Evidence (2007)The Investment Behavior of Bu…Angel Finance: The Other Venture Capital (2006)Angel Finance: The Other Vent…Performance of Private Equity Funds (2005)Performance of Private Equity…Venture Capital Performance: the Disparity Between Europe and the United States (2004)Venture Capital Performance: …The Investment Behavior of Buyout Funds: Theory and Evidence (2003)The Investment Behavior of Bu…PRIVATE EQUITY RETURNS: AN EMPIRICAL EXAMINATION OF THE EXIT OF VENTURE-BACKED COMPANIES (2003)PRIVATE EQUITY RETURNS: AN EM…Venture Capital and its Role in Strategic Asset Allocation (2002)Venture Capital and its Role …The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Strength of Weak Ties (1973)Culture's Consequences: Comparing Values, Behaviors, Institutions, and Organizations across Nations (2002)Do international investors enhance private firm value? Evidence from venture capital (2016)An Equity Crowdfunding Research Agenda: Evidence From Stakeholder Participation in the Rulemaking Process (2018)Geographic distance, venture capital and technological performance: Evidence from Chinese enterprises (2020)INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)The structure and governance of venture-capital organizations (1990)Venture Capitalist Certification in Initial Public Offerings (1991)The New Issues Puzzle (1995)Don't go it alone: alliance network composition and startups' performance in Canadian biotechnology (2000)Signaling in Equity Crowdfunding (2015)THE PERFORMANCE OF MUTUAL FUNDS IN THE PERIOD 1945–1964 (1968)An Intertemporal Capital Asset Pricing Model (1973)The Long‐Run Performance of initial Public Offerings (1991)Boom and Bust in the Venture Capital Industry and the Impact on Innovation (2003)Opportunity Cost of Capital for Venture Capital Investors and Entrepreneurs (2004)The Price of Diversifiable Risk in Venture Capital and Private Equity (2013)Determinants of corporate borrowing (1977)Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have (1984)Venture capital financing, moral hazard, and learning (1998)Toward a Comparative Institutional Analysis (2002)Discovery and creation: alternative theories of entrepreneurial action (2007)Why new issues are underpriced (1986)Initial Public Offerings and Underwriter Reputation (1990)Industry costs of equity (1997)Why Has IPO Underpricing Changed Over Time? (2002)DotCom Mania: The Rise and Fall of Internet Stock Prices (2003)Investor sentiment and the mean–variance relation☆ (2010)Patents as Options: Some Estimates of the Value of Holding European Patent Stocks (1984)Patents as Options: Some Estimates of the Value of Holding European Patent Stocks (1986)Time to build, option value, and investment decisions (1987)Real Options, Product Market Competition, and Asset Returns (2009)Risk and Return Characteristics of Venture Capital-Backed Entrepreneurial Companies (2010)Product market competition, R&D investment, and stock returns (2015)Common risk factors in the returns on stocks and bonds (1993)Liquidity Constraints, Household Wealth, and Entrepreneurship (2004)Stocks as Lotteries: The Implications of Probability Weighting for Security Prices (2008)The Social Dimensions of Entrepreneurship (2009)The theory and practice of econometrics (1986)The Cross-Section of Expected Stock Returns (1992)Optimal Investment, Monitoring, and the Staging of Venture Capital (1995)The portfolio flows of international investors (2001)Herd Behaviour and Cascading in Capital Markets: a Review and Synthesis (2003)Experienced entrepreneurial founders, organizational capital, and venture capital funding (2007)Social Networks and Entrepreneurship (2003)The geography of opportunity: spatial heterogeneity in founding rates and the performance of biotechnology firms (2003)Swimming with Sharks: Technology Ventures, Defense Mechanisms and Corporate Relationships (2008)Venture capitalist value-added activities, fundraising and drawdowns (2004)Adverse Selection and Capital Structure: Evidence from Venture Capital (2006)Tax and Corporate Governance: An Economic Approach (2008)
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References

  • 2002The Returns to Entrepreneurial Investment: A Private Equity Premium Puzzle?1,062 cited
  • 1994Venture capitalists and the decision to go public964 cited
  • 2003IPO Pricing in the Dot‐com Bubble905 cited
  • 2000Money chasing deals? The impact of fund inflows on private equity valuations876 cited
  • 1994Robust Financial Contracting and the Role of Venture Capitalists723 cited
  • 1992Venture Capital at the Crossroads722 cited
  • 2003Valuation and Return Dynamics of New Ventures311 cited
  • 1997Risk and Reward in Private Equity Investments178 cited
  • 2003Understanding Venture Capital Structure: A Tax Explanation for Convertible Preferred Stock172 cited

Cited by

  • 2013Do networks of financial intermediaries help reduce local bias? Evidence from cross-border venture capital exits112 cited
  • 2013Foreign VCs and venture success: Evidence from China112 cited
  • 2008The Hazards of Using IRR to Measure Performance: The Case of Private Equity106 cited
  • 2010Informational Hold-Up and Performance Persistence in Venture Capital102 cited
  • 2008Risk and Return Characteristics of Venture Capital-Backed Entrepreneurial Companies88 cited
  • 2011Private Equity Performance and Liquidity Risk

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86 cited
  • 2003The Investment Behavior of Buyout Funds: Theory and Evidence85 cited
  • 2013Estimating Private Equity Returns from Limited Partner Cash Flows84 cited
  • 2006Angel Finance: The Other Venture Capital83 cited
  • 2002Venture Capital and its Role in Strategic Asset Allocation77 cited
  • 2004Venture Capital Performance: the Disparity Between Europe and the United States77 cited
  • 2007The Investment Behavior of Buyout Funds: Theory and Evidence75 cited
  • 2005Performance of Private Equity Funds73 cited
  • 2019Venture Capital Investment Cycles: The Impact of Public Markets67 cited
  • 2003PRIVATE EQUITY RETURNS: AN EMPIRICAL EXAMINATION OF THE EXIT OF VENTURE-BACKED COMPANIES58 cited
  • 2008Are Angels Different? An Analysis of Early Venture Financing54 cited