Essays about: "venture capital backing"

Showing result 1 - 5 of 15 essays containing the words venture capital backing.

  1. 1. Unveiling Value Dynamics: A Comparative Analysis of Underpricing and Long-Term Performance Among PE-Backed, VC-Backed, and Non-Backed IPOs in the Swedish Market

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Markus Tingvall; Jing Ni; [2023]
    Keywords : Initial Public Offering; Private Equity; Venture Capital; Underpricing; Long-term performance;

    Abstract : This research investigates initial underpricing and subsequent long-term aftermarket performance of private equity-backed, venture capital-backed and non-backed initial public offerings (IPOs) in the Swedish market. With a sample of 401 IPOs from January 2011 to December 2021 on the Nasdaq Stockholm and Nordic Growth Market, the study delves into the distinctive firm and IPO characteristics of the three categories. READ MORE

  2. 2. Opening the Black Box

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Mårten Liljeblad; Sebastian Hjorth; Axel Jidorf; [2022]
    Keywords : Initial Public Offering; Underwriting fee; IPO Gross Proceeds; Bookrunner; Nasdaq First North; Underwriter reputation; Venture capital; Offering size; Business and Economics;

    Abstract : Purpose The purpose of this study is to examine how underwriter reputation, VC-backing and offering size affected the fees paid to underwriters on Nasdaq First North during the time period 01-01-2021 to 31-12-2021. In doing so, the study aims to contribute to a more comprehensive theoretical understanding of the entire cost image associated with going public. READ MORE

  3. 3. The venture capital advantage in technology firms: An IPO analysis

    University essay from Göteborgs universitet/Graduate School

    Author : Saiteja Sriramagiri; Xuan Zhou; [2021-09-23]
    Keywords : venture capital “VC” ; ; reputation; initial public offering “IPO” ; asymmetric information; technology;

    Abstract : The goal of this research is to investigate the level of influence venture capital (VC) firms have on their technology portfolio companies’ public shares after their initial public offering (IPO). While there has been substantial research within the certification roles that underwriters and auditors take to ameliorate the information asymmetry problem, we seek to employ a similar framework within a VC-backing context. READ MORE

  4. 4. Venture Capital-backing pre-IPO and Long-run Stock Performance

    University essay from

    Author : Björn Jakobsson; Viking Johansson; [2021-06-22]
    Keywords : venture capital backing; initial public offering; long-run stock performance; signaling theory;

    Abstract : This study aims to examine the effects that venture capital-backing has on companies that recently went public. The study examines three specific parts; a general stock return increasing signal of venture capital-backing, whether company characteristics affect the relationship between venture capital-backing and stock returns, and venture capital-backing in two specific industries. READ MORE

  5. 5. The High Risk and High Reward Game : Performance of Venture Capital Backed IPOs

    University essay from Linnéuniversitetet/Institutionen för ekonomistyrning och logistik (ELO)

    Author : Johanna Karlsson; Didrik Brinkestam Persson; [2021]
    Keywords : Initial public offerings; venture capital; venture capital backed IPOs; non-venture capital backed IPOs; underpricing; initial first day return; abnormal return;

    Abstract : For start-up businesses, the source of outside capital can be retrieved from the venture capital industry. The venture capital industry has grown substantially over the past 50 years, reaching its pinnacle during the internet bubble in the 1990s and serves as an important contributor to the economy. READ MORE