Graduate School of Business Administration, Harvard University. I would like to thank Eli Berman, Robert Dammon, Joanne Dushay, Steve Kaplan, Tarun Khanna, Josh Lerner, Andrew Metrick, Mitch Petersen, Jim Poterba, Raghu Rajan, Richard Ruback, Bill Sahlman, Andrei Shleifer, Jeremy Stein, René Stulz, Rob Vishny, Luigi Zingales, two anonymous referees, and seminar participants at the 1994 Western Finance Association meetings, the Financial Decision and Control Workshop at the Harvard Business School, the Federal Reserve Bank of Chicago, the University of Illinois, and the University of Chicago for helpful comments and suggestions. Phil Hamilton provided invaluable assistance in collecting the Venture Economics data. Chris Allen provided technical assistance with COMPUSTAT. Any errors or omissions are my own. This research was funded by the Division of Research at the Graduate School of Business Administration, Harvard University and the Center for Research on Securities Prices, University of Chicago.
Optimal Investment, Monitoring, and the Staging of Venture Capital
Version of Record online: 30 APR 2012
© 1995 the American Finance Association
The Journal of Finance
Volume 50, Issue 5, pages 1461–1489, December 1995
How to Cite
GOMPERS, P. A. (1995), Optimal Investment, Monitoring, and the Staging of Venture Capital. The Journal of Finance, 50: 1461–1489. doi: 10.1111/j.1540-6261.1995.tb05185.x
- Issue online: 30 APR 2012
- Version of Record online: 30 APR 2012
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