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It Ain't Broke: The Past, Present, and Future of Venture Capital
| Content Provider | Semantic Scholar |
|---|---|
| Author | Kaplan, Steven N. Lerner, Josh |
| Copyright Year | 2010 |
| Abstract | This article presents a selective history of the U.S. venture capital (VC) industry, a discussion of the current state of the market, and some predictions about where the market is going. There is no doubt that the U.S. venture capital industry has been very successful. The VC model has provided an efficient solution to a difficult problem-that of enabling people with promising ideas but often limited track records to raise capital from outside investors. A large fraction of IPOs, including many of the most successful, have been funded by venture capitalists, and the U.S. VC model has been copied around the world. Copyright Copyright (c) 2010 Morgan Stanley. |
| Starting Page | 36 |
| Ending Page | 47 |
| Page Count | 12 |
| File Format | PDF HTM / HTML |
| DOI | 10.1111/j.1745-6622.2010.00272.x |
| Volume Number | 22 |
| Alternate Webpage(s) | http://faculty.chicagobooth.edu/steven.kaplan/research/kaplanlerner.pdf |
| Alternate Webpage(s) | http://www.people.hbs.edu/jlerner/KaplanLerner.JACF.pdf |
| Alternate Webpage(s) | http://leeds-faculty.colorado.edu/bhagat/PastPresentFutureofVC.pdf |
| Alternate Webpage(s) | https://doi.org/10.1111/j.1745-6622.2010.00272.x |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |