| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w19120 |
| 来源ID | Working Paper 19120 |
| Is a VC Partnership Greater than the Sum of its Partners? | |
| Michael Ewens; Matthew Rhodes-Kropf | |
| 发表日期 | 2013-06-13 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | This paper investigates whether individual venture capitalists have repeatable investment skill and to what extent their skill is impacted by the VC firm where they work. We examine a unique dataset that tracks the performance of individual venture capitalists' investments across time and as they move between firms. We find evidence of skill and exit style differences even among venture partners investing at the same VC firm at the same time. Furthermore, our estimates suggest the partner's human capital is two to five times more important than the VC firm's organizational capital in explaining performance. |
| 主题 | Financial Economics ; Financial Institutions ; Corporate Finance ; Industrial Organization ; Firm Behavior |
| URL | https://www.nber.org/papers/w19120 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/576795 |
| 推荐引用方式 GB/T 7714 | Michael Ewens,Matthew Rhodes-Kropf. Is a VC Partnership Greater than the Sum of its Partners?. 2013. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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