Publication year: 2006
: 978-3-8350-9018-7
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.
: Business and Economics, Acquisition, Exit, IPO, Information asymmetry, Investment, Investments, Venture Capital