Essays about: "venture capital backing"

Showing result 6 - 10 of 15 essays containing the words venture capital backing.

1. 6. Financial sponsors' impact on IPO underpricing: A comparison between venture capital and private equity investors

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Ebba Kjellberg; Julia Malinowski; [2021]
   Keywords : Initial Public Offering; Venture Capital; Private Equity; Underpricing;

   Abstract : This study examines the difference in underpricing between venture capital- and private equity backed initial public offerings (IPOs). With a sample of 361 IPOs listed on the Nasdaq Nordic main market and Nasdaq Nordic First North Growth Market between January 2011 and December 2020, we show that several firm characteristics and IPO characteristics differ between venture capital backed and private equity backed issuers. READ MORE

3. 7. What Mechanisms drive the first-day Return of IPOs?

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Anton Lindström; [2019]
   Keywords : IPOs; Asymmetric information; Underpricing; Industry and VC-backing.; Business and Economics;

   Abstract : The mechanisms behind the positive first day market-adjusted return of IPOs on the American and Canadian markets is examined from 2000 through 2018. A set of financial variables is tested as well as the industry-specific effect and the effect of being venture capital backed. READ MORE

4. 8. The Post-IPO Performance of Venture Capital-backed Companies - Evidence from the European High-Tech Industry

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Jonas Hollacher; Julia van Holt; [2018]
   Keywords : Venture Capital; Operating Performance; Market Performance; Post-IPO; High-Tech;

   Abstract : This thesis focusses on the question whether VC-backing is positively related to the long-term post-IPO performance of companies. It thereby aims to contribute to the clarification of the broader question whether VC funds create lasting value for European high-tech companies through their financing and continued provision of monitoring and advise services. READ MORE

5. 9. Underpricing of Sponsor Backed and Non-Sponsor Backed IPOs in US Market

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Jamie Wei Yee Low; Weijie Siow; [2018]
   Keywords : Initial public offering; venture capital; private equity; sponsor; underpricing; Business and Economics;

   Abstract : The dissertation examines the underpricing of sponsor-backed (private equity backed and venture capital backed) and non-sponsor backed initial public offerings (IPOs) listed on all US stock exchanges between January 1997 and December 2017. The authors identify 403 PE-backed IPOs, 179 VC-backed IPOs and 1469 non-sponsor (non-PE and non-VC) backed IPOs. READ MORE

6. 10. The Role of Venture Capital Backing in the Underpricing and Long-Run Performance of Chinese IPOs

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Jonathan Johansson; Eric Abrahamsson; [2017]
   Keywords : Venture Capital; IPO; Underpricing; Long-run performance;

   Abstract : We investigate the role of venture capital (VC) backing in the underpricing and long-run performance of initial public offerings (IPOs) in China from 2004 to 2012. China provides a unique contextual setting for conducting such an examination with a regulatory framework in the going public process vastly different from its western peers. READ MORE