How Smart is Smart Money? An Empirical Two-Sided Matching Model of Venture Capital

By M. Sørensen. 2003

120 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/0c4b21c7d6ffeddda24ede8df99f5ac8cb89ad24

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Citations in the corpus

Blurring Firm Boundaries: The Role of Venture Capital in Strategic Alliances (2008, unknown): “These variables account for differences among funding VCs and, because better quality companies have been shown to sort to better quality VCs (Sørensen, 2007), may control for otherwise unobservable measures of company quality.”
Investment Cycles and Startup Innovation (2013, unknown): “…the role of financial intermediaries in the innovation process (see Kortum and Lerner, 2000; Hellmann, 2002; Lerner, Sorensen, and Stromberg, 2011; Sorensen, 2007; Tian and Wang, 2013; Manso, 2011; Hellmann and Puri, 2000; Mollica and Zingales, 2007; Nanda and Rhodes-Kropf, 2013; Samila and…”
How Does Venture Capital Financing Improve Efficiency in Private Firms? A Look Beneath the Surface (2011, unknown): “Our estimate of the e¤ect of VC monitoring on a rms TFP is captured by the 2s, the coe¢ cients on V CAfter and the e¤ect of VC screening on a rms TFP is captured by the 1s; the coe¢ cients on V CBefore:26 As can be seen from Table 4, VCs actively engage in both screening and monitoring, broadly”
Self-Selection Models in Corporate Finance (2005, unknown): “Bayesian methods 13.1 Matching: Sørensen (2003) 13.2 Switching regressions: Li and McNally (2004), Scruggs (2006) 14.”
Who are the active investors? Evidence from venture capital (2008, background): “[67] Sørensen, Morten (2007) ’How Smart is Smart Money: An Empirical Two-Sided Matching Model of Venture Capital, Journal of Finance, forthcoming.”
The Causes and Consequences of Venture Capital Stage Financing (2011, unknown): “previous studies (e.g., Gompers and Lerner, 2000; Brander et al., 2002; Sørensen, 2007; Bottazzi et al., 2008; and Nahata, 2008), existing literature suggests that going public is a more desirable exit pathway than acquisition for both entrepreneurs and VC investors.”
The Importance of Trust for Investment: Evidence from Venture Capital (2016, background): “[47] Sorensen, Morten, 2005, How Smart is Smart Money? An Empirical Two-Sided Matching Model of Venture CapitalMimeo, University of Chicago”
The impact of venture capital on innovation behaviour and firm growth (2010, background): “Hellmann and Puri 2000, 2002; Belden, Keeley, and Knapp 2001 ; Bottazzi and Da Rin 2002 ; Engel 2003 ; Engel and Keilbach 2007 ; Sorensen 2007 ; Lerner, Sorensen, and Stromberg 2008; Bloom, Sadun, and van Reenen 2009 ).”
Venture Capital and Corporate Governance in the Newly Public Firm (2012, unknown): “Sorensen (2003) presents work that models the endogeneity explicitly in a setting confined to the universe of firms that receive venture-backing.”
The Role of Venture Capital Syndication in Value Creation for Entrepreneurial Firms (2012, background): “Both IPOs and acquisition are considered successful exit pathways in the existing literature, while write-offs (liquidation) are considered an unsuccessful exit pathway (e.g., Brander, Amit, and Antweiler, 2002; Hochberg, Ljungqvist, and Lu, 2007; Sørensen (2007); Nahata, 2008).”
The Price of Diversifiable Risk in Venture Capital and Private Equity (2013, unknown): “For example, see Hellmann and Puri (2002), Hsu (2004),Kaplan, Sensoy, and Stromberg (2009), Sorensen (2007)), and Ewens and Rhodes-Kropf (2012).”