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Fund size, limited attention and valuation of venture capital backed firms
16 references·16 citing·46 second hopsampled
Fund size, limited attention and valuation of venture capital backed firms (2010)Fund size, limited attention and valuatio…The Economics of Private Equity Funds (2010)The Economics of Private Equi…Private equity returns and disclosure around the world (2009)Private equity returns and di…Performance persistence in entrepreneurship (2009)Performance persistence in en…Venture capital reputation and investment performance☆ (2008)Venture capital reputation an…How Does Size Affect Mutual Fund Behavior? (2008)How Does Size Affect Mutual F…Contracts and Exits in Venture Capital Finance (2008)Contracts and Exits in Ventur…How Smart Is Smart Money? A Two‐Sided Matching Model of Venture Capital (2007)How Smart Is Smart Money? A T…Experienced entrepreneurial founders, organizational capital, and venture capital funding (2007)Experienced entrepreneurial f…Investor attention, overconfidence and category learning (2006)Investor attention, overconfi…Firm-level implications of early stage venture capital investment — An empirical investigation (2006)Firm-level implications of ea…Private Equity Performance: Returns, Persistence, and Capital Flows (2005)Private Equity Performance: R…What Do Entrepreneurs Pay for Venture Capital Affiliation? (2004)What Do Entrepreneurs Pay for…Does Fund Size Erode Mutual Fund Performance? The Role of Liquidity and Organization (2004)Does Fund Size Erode Mutual F…Money chasing deals? The impact of fund inflows on private equity valuations (2000)Money chasing deals? The impa…Efficiency of financial institutions: International survey and directions for future research (1997)Efficiency of financial insti…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…Cross-country differences in the size of venture capital financing rounds: a machine learning approach (2021)Cross-country differences in …Institutional investor distraction and earnings management (2020)Institutional investor distra…Success is good but failure is not so bad either: Serial entrepreneurs and venture capital contracting (2019)Success is good but failure i…Equity crowdfunding and the role of investor discussion boards (2019)Equity crowdfunding and the r…The equity gap and knowledge-based firms (2018)The equity gap and knowledge-…The determinants of startup valuation in the venture capital context: a systematic review and avenues for future research (2017)The determinants of startup v…Inorganic growth strategies and the evolution of the private equity business model (2017)Inorganic growth strategies a…Diversification, risk, and returns in venture capital (2017)Diversification, risk, and re…Valuation of Angel-Backed Companies: The Role of Investor Human Capital (2015)Valuation of Angel-Backed Com…Giants at the Gate: Investment Returns and Diseconomies of Scale in Private Equity (2015)Giants at the Gate: Investmen…The Dimensions of Experiential Learning in the Management of Activity Load (2014)The Dimensions of Experientia…Foreign VCs and venture success: Evidence from China (2013)Foreign VCs and venture succe…Importance of spatial proximity between venture capital investors and investees in Germany (2012)Importance of spatial proximi…Firm Valuation in Venture Capital Financing Rounds: The Role of Investor Bargaining Power (2012)Firm Valuation in Venture Cap…Value creation and pricing in buyouts: Empirical evidence from Europe and North America (2011)Value creation and pricing in…Economic freedom and cross-border venture capital performance (2011)Economic freedom and cross-bo…The structure and governance of venture-capital organizations (1990)A Review of IPO Activity, Pricing, and Allocations (2002)Market Timing and Capital Structure (2002)Equity Retention and Social Network Theory in Equity Crowdfunding (2015)Signaling in Equity Crowdfunding (2015)Resolving Information Asymmetry: Signaling, Endorsement, and Crowdfunding Success (2016)Social Capital in the Creation of Human Capital (1988)Bowling alone: the collapse and revival of American community (2000)Social Capital in the Creation of Human Capital (2000)Social capital of entrepreneurs and small firm performance: A meta-analysis of contextual and methodological moderators (2013)The dynamics of crowdfunding: An exploratory study (2013)Crowdfunding: Geography, Social Networks, and the Timing of Investment Decisions (2015)Venture Capitalist Certification in Initial Public Offerings (1991)Interorganizational Endorsements and the Performance of Entrepreneurial Ventures (1999)Venture Capital and the Professionalization of Start‐Up Firms: Empirical Evidence (2002)Social Networks and Entrepreneurship (2003)The Nature of the Firm (1937)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Common risk factors in the returns on stocks and bonds (1993)The Small World of Investing: Board Connections and Mutual Fund Returns (2008)How Active Is Your Fund Manager? A New Measure That Predicts Performance (2009)Do Investors Value Sustainability? A Natural Experiment Examining Ranking and Fund Flows (2017)Optimum consumption and portfolio rules in a continuous-time model (1971)The Limits of Arbitrage (1995)Investor Psychology and Security Market Under‐ and Overreactions (1998)Economic Links and Predictable Returns (2008)Driven to Distraction: Extraneous Events and Underreaction to Earnings News (2009)Investor Inattention and Friday Earnings Announcements (2009)Measuring the efficiency of decision making units (1978)Corporate control and bank efficiency (1993)Inside the black box: What explains differences in the efficiencies of financial institutions? (1997)The consolidation of the financial services industry: Causes, consequences, and implications for the future (1999)Bank regulation and supervision: what works best? (2003)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)Whom You Know Matters: Venture Capital Networks and Investment Performance (2007)The Financing of R&D and Innovation (2010)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)A Survey of Corporate Governance (1997)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)Tolerance for Failure and Corporate Innovation (2011)Financing Innovation: Evidence from R&D Grants (2017)How do venture capitalists make decisions? (2019)
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References

  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1997Efficiency of financial institutions: International survey and directions for future research3,488 cited
  • 2005Private Equity Performance: Returns, Persistence, and Capital Flows1,951 cited
  • 2006Investor attention, overconfidence and category learning1,451 cited
  • 2004Does Fund Size Erode Mutual Fund Performance? The Role of Liquidity and Organization1,429 cited
  • 2004What Do Entrepreneurs Pay for Venture Capital Affiliation?1,364 cited
  • 2007How Smart Is Smart Money? A Two‐Sided Matching Model of Venture Capital1,011 cited
  • 2000Money chasing deals? The impact of fund inflows on private equity valuations876 cited
  • 2007Experienced entrepreneurial founders, organizational capital, and venture capital funding867 cited
  • 2008Venture capital reputation and investment performance☆684 cited
  • 2010The Economics of Private Equity Funds671 cited
  • 2009Performance persistence in entrepreneurship642 cited
  • 2008Contracts and Exits in Venture Capital Finance559 cited
  • 2006Firm-level implications of early stage venture capital investment — An empirical investigation467 cited
  • 2009Private equity returns and disclosure around the world

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447 cited
  • 2008How Does Size Affect Mutual Fund Behavior?394 cited
  • Cited by

    • 2015Giants at the Gate: Investment Returns and Diseconomies of Scale in Private Equity163 cited
    • 2020Institutional investor distraction and earnings management148 cited
    • 2017The determinants of startup valuation in the venture capital context: a systematic review and avenues for future research123 cited
    • 2013Foreign VCs and venture success: Evidence from China112 cited
    • 2011Economic freedom and cross-border venture capital performance93 cited
    • 2015Valuation of Angel-Backed Companies: The Role of Investor Human Capital93 cited
    • 2012Importance of spatial proximity between venture capital investors and investees in Germany92 cited
    • 2018The equity gap and knowledge-based firms86 cited
    • 2021Cross-country differences in the size of venture capital financing rounds: a machine learning approach77 cited
    • 2014The Dimensions of Experiential Learning in the Management of Activity Load76 cited
    • 2017Diversification, risk, and returns in venture capital75 cited
    • 2019Equity crowdfunding and the role of investor discussion boards71 cited
    • 2019Success is good but failure is not so bad either: Serial entrepreneurs and venture capital contracting71 cited
    • 2011Value creation and pricing in buyouts: Empirical evidence from Europe and North America70 cited
    • 2017Inorganic growth strategies and the evolution of the private equity business model69 cited
    • 2012Firm Valuation in Venture Capital Financing Rounds: The Role of Investor Bargaining Power65 cited