Eckermann M. — Venture Capitalists' Exit Strategies under Information Asymmetry: Evidence from the US Venture Capital Market
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Название: Venture Capitalists' Exit Strategies under Information Asymmetry: Evidence from the US Venture Capital Market
Автор: Eckermann M.
Аннотация:
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.
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