Search Results

Showing results 1 to 10 of approximately 52.

(refine search)
SORT BY: PREVIOUS / NEXT
Keywords:Venture capital 

Journal Article
The venture adventure : the sharp rise and fall of venture capital was a wild ride for Fifth District entrepreneurs and financiers

Econ Focus , Volume 7 , Issue Fall , Pages 22-26

Report
Institutional affiliation and the role of venture capital: evidence from initial public offerings in Japan

The presence of venture capital in the ownership structure of U.S. firms going public has been associated with both improved long-term performance and lower underpricing at the time of the IPOs. In Japan, we find the long-run performance of venture capital-backed IPOs to be no better than that of other IPOs. Many of the major venture capital firms in Japan are subsidiaries of securities firms that may face a conflict of interest when underwriting the venture capital-backed issue. When venture capital holdings are broken down by their institutional affiliation, we find that firms with venture ...
Research Paper , Paper 9807

Report
Institutional affiliation and the role of venture capital: evidence from initial public offerings in Japan

The presence of venture capital in the ownership structure of U.S. firms going public has been associated with both improved long-term performance and lower underpricing at the time of the IPOs. In Japan, we find the long-run performance of venture capital-backed IPOs to be no better than that of other IPOs, with the exception of firms backed by foreign owned or independent venture capitalists. Many of the major venture capital firms in Japan are subsidiaries of securities firms that may face a conflict of interest when underwriting the venture capital-backed issue. When venture capital ...
Staff Reports , Paper 52

Report
Evaluating the riskiness of initial public offerings: 1980-2000

In the wake of the dot.com collapse, investor sentiment toward initial public offerings (IPOs) has turned negative. To many investors, IPOs have come to symbolize the insider abuses and stock market excesses of the Internet bubble period; to others, investing in IPOs is inherently fraught with danger. This paper asks the question, Have IPOs indeed become more perilous to the investing public over time? ; I employ two approaches to investigate the post-issue riskiness of IPOs for the 1980-2000 period. First, I compare the stock price volatility for issuing and nonissuing firms. Second, I use a ...
Staff Reports , Paper 167

Journal Article
Convertible securities and venture capital finance

Venture capital financing relies heavily on convertible securities; the most common type is convertible preferred stock. Venture capital contracts also specify control rights that describe who gets to make the firm's decisions. The recent literature has provided some theoretical explanations for the use of these two features. Underlying these explanations is the idea that individuals can take actions that affect the firm's performance but that these actions cannot be specified in a contract. In this article, Yaron Leitner focuses on venture capital contracts, but the ideas presented can be ...
Business Review , Issue Q3 , Pages 18-27

Journal Article
Public venture, public gain?

Fedgazette , Volume 13 , Issue Sep , Pages 10-13

Journal Article
Nurturing the light bulb economy: the new-found profile of entrepreneurs and venture capital has states eager to get more of both

Fedgazette , Volume 13 , Issue Jul , Pages 1

Journal Article
Angels we have heard on high

Getting investor networks to look closer to home
Fedgazette , Volume 17 , Issue Jul , Pages 11-13

FILTER BY year

FILTER BY Series

FILTER BY Content Type

FILTER BY Author

FILTER BY Jel Classification

G24 3 items

C78 1 items

D86 1 items

G15 1 items

G32 1 items

L26 1 items

show more (3)

FILTER BY Keywords

Venture capital 52 items

Productivity 5 items

Corporations - Finance 4 items

Economic development 4 items

Federal Reserve District, 9th 4 items

Stock market 4 items

show more (55)

PREVIOUS / NEXT