Venture Capitalists’ Exit Strategies under Information Asymmetry Evidence from the US Venture Capital Market /

• Main Author: Eckermann, Matthias (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Wiesbaden : DUV, 2006.
• Subjects: Finance.; International economics.; Economics.; International Economics.; Finance, general.

Venture capitalists (VCs) fund ventures with the aim of reaping a capital gain upon exit. Research has identified information asymmetry between inside investors and follow-on investors as a major source of friction. It is thus in the interest of VCs to reduce information asymmetry at exit. Matthias...

Table of Contents:

• Venture Capital Investing
• Exiting Ventures
• Building an Analytical Framework
• Research Methodology
• Empirical Analysis
• Conclusion and Implications.