Download or read book Venture Capital Networks written by Cristiano Bellavitis and published by Business Expert Press. This book was released on 2017-12-12 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the venture capital (VC) industry, firms often co-invest with other peers in syndicated deals. The process of syndication is a form of investment alliance that generates networks of VC firms and start-up companies. Despite the prominent role played by syndicates, extant entrepreneurship literature found contradicting evidence on the relationship between the practice of syndication and the performance of both the start-up and the investors. In fact, our understanding of the circumstances under which syndicates have the potential to boost performance, rather than hamper them, is still limited. This book intends to fill this gap and explore the performance dynamics surrounding networks in the venture capital industry. The text also provides introductory knowledge to those interested in network studies and methods.
Download or read book Who You Know Matters written by Yael V. Hochberg and published by . This book was released on 2014 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many financial markets are characterized by strong relationships and networks, rather than arm s-length, spot-market transactions. We examine the performance consequences of this organizational choice in the context of relationships established when VCs syndicate portfolio company investments, using a comprehensive sample of U.S. based VCs over the period 1980 to 2003. VC funds whose parent firms enjoy more influential network positions have significantly better performance, as measured by the proportion of portfolio company investments that are successfully exited through an initial public offering or a sale to another company. Similarly, the portfolio companies of better networked VC firms are significantly more likely to survive to subsequent rounds of financing and to eventual exit. The magnitude of these effects is economically large, and is robust to a wide range of specifications. Our models suggest that the benefits of being associated with a well-connected VC are more pronounced in later funding rounds. Once we control for network effects in our models of fund and portfolio company performance, the importance of how much investment experience a VC has is reduced, and in some specifications, eliminated.
Download or read book How Venture Capital Works written by Phillip Ryan and published by The Rosen Publishing Group, Inc. This book was released on 2012-07-01 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explanations to the inner workings of one of the least understood, but arguably most important, areas of business finance is offered to readers in this engaging volume: venture capital. Venture capitalists provide necessary investment to seed (or startup) companies, but the startup is only the beginning, there is much more to be explored. These savvy investors help guide young entrepreneurs, who likely have little experience, to turn their businesses into the Googles, Facebooks, and Groupons of the world. This book explains the often-complex methods venture capitalists use to value companies and to get the most return on their investments, or ROI. This book is a must-have for any reader interested in the business world.
Download or read book Whom You Know Matters written by Alexander Ljungqvist and published by . This book was released on 2009 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many financial markets are characterized by strong relationships and networks, rather than arm's-length, spot-market transactions. We examine the performance consequences of this organizational choice in the context of relationships established when VCs syndicate portfolio company investments. VC firms that enjoy more influential network positions have significantly better fund performance, as measured by the proportion of investments that are successfully exited through an IPO or sale to another company. Similarly, the portfolio companies of better-networked VC firms are significantly more likely to survive to subsequent financing and to eventual exit. Finally, we provide initial evidence on the evolution of VC networks.
Download or read book A Guide to Venture Capital Financing written by United States. Department of Commerce and published by . This book was released on 1970 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Venture Capital Networks in Southeast Asia written by Natdanai Aleenajitpong and published by . This book was released on 2020 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt: Venture capital firms (VC ...
Download or read book VC written by Tom Nicholas and published by Harvard University Press. This book was released on 2019-06-03 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: From nineteenth-century whaling to a multitude of firms pursuing entrepreneurial finance today, venture finance reflects a deep-seated tradition in the deployment of risk capital in the United States. Tom Nicholas’s history of the venture capital industry offers a roller coaster ride through America’s ongoing pursuit of financial gain.
Download or read book The Capital Network written by and published by . This book was released on 2002 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: It brings together investors and growing companies, educate companies and investors on business financing issues and link growing companies with professional business expertise. It hosts the largest venture capital and private equity gatherings in the southwestern US, as well as the monthly Texas Angel Investor meetings.
Download or read book The Effect of Venture Capital Networks and Institutions on Portfolio Companies Performance in Southeast Asia written by Natdanai Aleenajitpong and published by . This book was released on 2019 with total page 3 pages. Available in PDF, EPUB and Kindle. Book excerpt: Venture capital firms (VC) have encountered with uncertainty and risk of asymmetric information due to an investment in early-to-growth stage and technology-based start-ups. Venture capital syndication network helps reduce a broad gap of information asymmetry and agency problem in a venture capital investment. Although agency and asymmetric information theory help motivate the formation of networks in emerging venture capital markets, Institutional theory is more suitable in explaining this situation, as the practice of venture capital appears to be influenced from institutional changes. As network connections are found to be the success factor for venture capitalists under a lack of fully developed institutional environment in emerging market. Venture capital industry in Southeast Asia is nascent yet in demanding and fast growing. Southeast Asia (SEA) is one of the most significant and dynamic propellers of the world economy. To clarify the role of networks and institutions on VC-backed firms in SEA VC market, we then investigate the relationship between networks and institutions and their impact on portfolio company's performance. Our study will initiate an empirical evidence by quantifying VC networks and institutions among SEA countries and implementing time-series panel regressions through the performance of VC-backed companies.
Download or read book International Directory of Venture Capital Networks and Business Angel Networks 1999 written by Chuck Teel and published by . This book was released on 1999-04-01 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Venture Capital Networks written by Sadamori Koujaku and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financing High Growth Firms The Role of Angel Investors written by OECD and published by OECD Publishing. This book was released on 2011-12-20 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report covers seed stage financing for high growth companies in OECD and non-OECD countries with a primary focus on angel investment.
Download or read book Careers in Venture Capital written by WetFeet.com (Firm) and published by WETFEET, INC.. This book was released on 2008 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Venture Capital Financing for Beginners How to Raise Equity Capital from Venture Capitalists and Angels written by Learn2succeed.com Inc and published by Productive Publications. This book was released on 2014-06-30 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Art and Science of Entrepreneurship written by Donald L. Sexton and published by . This book was released on 1986 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Angel Financing written by Gerald A. Benjamin and published by John Wiley & Sons. This book was released on 1999-11-02 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: Your guardian angel has arrived Capital is the single most important factor to getting your venture off the ground, but finding it can be a challenge, particularly if you're running out of funding options. Suppose your venture is too small for institutional players. What do you do once you've exhausted your personal financial resources? Where do you go after banks, the leasing companies, the venture capital firms, have turned you down? What you need is an "angel"--a private investor with high net worth. Angel Financing--the only book of its kind--provides you with a road map to this valuable, little known, source of capital financing. Explains the structure of the direct private capital market Covers everything from the valuation process to writing an investor-oriented business plan
Download or read book Capital Formation in the States written by and published by . This book was released on 1988 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:
