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Keywords: reciprocal exchanges
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Journal Articles
New England Journal of Entrepreneurship (2015) 18 (2): 11–18.
Published: 01 March 2015
... perspective and suggest that these repeat interactions are characterized by reciprocal exchanges facilitated by opportunistic behavior from the VC. Our analysis demonstrates that VCs and underwriters interact in order to appropriate greater value from the IPO. This article provides a more complete...
