Essays about: "VC firm"

Showing result 16 - 20 of 27 essays containing the words VC firm.

1. 16. Contracting on the Streets, Agency Problems in Term Sheets: A Case Study on Financial Contracts in the Swedish Venture Capital Industry

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Casper Norden; Wilhelm Kugelberg; [2017]
   Keywords : Venture Capital; Term Sheet; Contract Theory;

   Abstract : This paper studies how a Stockholm-based venture capital firm addresses principal-agent conflicts and other risks associated with startup investing through the design of its term sheets. We begin by providing a detailed review on the predictions of contract theory and proceed to assess its alignment with the term sheets in our sample. READ MORE

3. 17. The choice to syndicate and its effect on exit dynamics : A study on Venture Capital firms active in Sweden

   University essay from KTH/Industriell ekonomi och organisation (Inst.)

   Author : Marika Eskilsson; Johanna Conradson; [2016]
   Keywords : Venture Capital; Syndication; Exit dynamics; Survival Analysis; Competing Risk model;

   Abstract : Venture capitalists enter into an investment with the intent of realising a substantial profit on theventure after a number of years; this realisation is usually labelled the exit. The disinvestment decisionis a critical issue in the venture capital industry, as the return of the investment is realised upon exit. READ MORE

4. 18. It is not what you know, it is who you know

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Hampus Hellermark; Wilhelm Westerman; [2015]
   Keywords : Reputation; Venture Capital; Investment Timing; Post-IPO Performance;

   Abstract : Reputation is widely considered to play an important role in the Venture Capital (VC) industry. This paper examines whether there are any significant positive associations between long-term post-IPO performance and early stage investments from a more reputable VC firm. Our empirical sample consists of 422 VC-backed listed companies in the U.S. READ MORE

5. 19. Initial Returns and Long-Run Performance of Private Equity-backed IPOs in the UK: The Post-Y2K Experience

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Tom Lange; Pascal Rietmann; [2015]
   Keywords : Initial Public Offering; Private Equity; Venture Capital; Underpricing; After-Market Performance;

   Abstract : This paper studies a sample of 257 initial public offerings (IPO) that occurred in the period from 2001 to 2011, differentiated into sub-samples of 32 venture capital-backed (VC), 55 buyout-backed (BO), and 170 non-backed (NB) share issuances undertaken on the London Stock Exchange's (LSE) Main Market and Alternative Investment Market. We separately analyze initial first-day returns, commonly referred to as underpricing, as well as long-run after-market performance using an event study setting with a horizon of 36 months. READ MORE

6. 20. Understanding the Swedish Venture Capital market - and what determines the success of investments

   University essay from Lunds universitet/Företagsekonomiska institutionen

   Author : Viktor Höglund Savén; Anton Norrman; [2015]
   Keywords : Venture Capital; Exit determinants; Swedish Venture Capital market; Private VC; Governmental VC; clusters; proximity; high growth industry; investment duration; Business and Economics;

   Abstract : The main findings of this study are that the likelihood of achieving a successful exit increases if the investing firm is private and if the geographical distance between investing firm and investee is limited. Furthermore, it is possible to conclude that the Swedish Venture Capital industry share several features with international counterparts, although the importance of the IPO for the overall funding of the industry is negligible. READ MORE