Document Type
Closed Project
Publication Date
Winter 2014
Instructor
Timothy Anderson
Course Title
Research Methods for Engineering and Technology Management
Course Number
ETM 565/665
Subjects
Venture capital, New business enterprises -- Evaluation, Going public (Securities), Sale of business enterprises, Strategic planning
Abstract
Venture Capital (VC) is the most important resource for funding startups. It not only provides money but also the management skills and experiences. The successful exit of VC typically occurs when the portfolio companies go public and get acquired or merged with other companies. VC also aims to help the companies to achieve this success. In general, exit as the last stage of investment cycle highly impacts on VC’s investment plan of the portfolio companies and the capital performance of companies. Other than the two success exit, there is another poor exit option: liquidation. Literature has indicated that the normal VC has a ten year funding cycle and suggested VC usually exit successfully seven years after first initial investment. The purpose of this study is to explore the success exit behavior over time base on the largest freely open technology Startup database, Crunchbase. The results from the Crunchbase data are consistent with these exit principles.
Rights
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Persistent Identifier
http://archives.pdx.edu/ds/psu/21687
Citation Details
Ju, Jiali, "Understanding VCs: Exit and Time" (2014). Engineering and Technology Management Student Projects. 297.
http://archives.pdx.edu/ds/psu/21687
Comments
This project is only available to students, staff, and faculty of Portland State University