000 02192nam a22004215i 4500
001 978-3-8350-9018-7
003 DE-He213
005 20161121230906.0
007 cr nn 008mamaa
008 100301s2006 gw | s |||| 0|eng d
020 _a9783835090187
_9978-3-8350-9018-7
024 7 _a10.1007/978-3-8350-9018-7
_2doi
050 4 _aHF1351-1647
072 7 _aKCL
_2bicssc
072 7 _aBUS069020
_2bisacsh
082 0 4 _a337
_223
100 1 _aEckermann, Matthias.
_eauthor.
245 1 0 _aVenture Capitalists’ Exit Strategies under Information Asymmetry
_h[electronic resource] :
_bEvidence from the US Venture Capital Market /
_cby Matthias Eckermann.
264 1 _aWiesbaden :
_bDUV,
_c2006.
300 _aXVII, 287 p. 38 illus.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
505 0 _aVenture Capital Investing -- Exiting Ventures -- Building an Analytical Framework -- Research Methodology -- Empirical Analysis -- Conclusion and Implications.
520 _aVenture 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. Matthias Eckermann analyzes how VCs integrate information efficiency considerations into their exit strategies. He shows that VCs adopt specific strategies to cope with information gaps upon exit in terms of timing, exit vehicles and promotion efforts. On this basis he develops a framework to help VCs to improve profitability through decisive exit strategies.
650 0 _aFinance.
650 0 _aInternational economics.
650 1 4 _aEconomics.
650 2 4 _aInternational Economics.
650 2 4 _aFinance, general.
710 2 _aSpringerLink (Online service)
773 0 _tSpringer eBooks
776 0 8 _iPrinted edition:
_z9783835001268
856 4 0 _uhttp://dx.doi.org/10.1007/978-3-8350-9018-7
912 _aZDB-2-SBE
950 _aBusiness and Economics (Springer-11643)
999 _c505506
_d505506