The role of venture capital in the creation of public companies: Evidence from the going-public process
作者： Christopher B. Barry , Chris J. Muscarella , John W. Peavy , Michael R. Vetsuypens
DOI: 10.1016/0304-405X(90)90064-7
关键词: Initial public offering 、 Equity (finance) 、 Pre-money valuation 、 Capital market 、 Business 、 Finance 、 Book building 、 Venture capital 、 Social venture capital 、 Portfolio
摘要: … to the value of a new issue by maintaining their equity positions … active investors holding large equity positions in the firms in … can increase the value of public firms [see Smith (1986) and …
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