How Well do Venture Capital Databases Reflect Actual Investments

By Steven N. Kaplan, Per Strömberg, Berk A. Sensoy. 2002

174 citations recorded by the source corpus.

Subfields: Accounting, Management Information Systems

View Paper: https://www.semanticscholar.org/paper/a9a72d7cd89927b4eb8cf7f1a0372fc72fd82866

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Citations in the corpus

Ethnic matching in the U.S. venture capital market (2015, unknown): “ 3 Kaplan et al. (2002) report that the investment coverage of VentureEconomics is about 85%.”
The Impact of Venture Capital Monitoring: The Impact of Venture Capital Monitoring (2015, unknown): “Both have been validated by previous researchers against known financing rounds (Kaplan et al., 2002).”
Blurring Firm Boundaries: The Role of Venture Capital in Strategic Alliances (2008, unknown): “4 (1998) and Lerner, Shane and Tsai (2003) show that alliances can be important sources of financing, even for venture-backed firms.”
The advantage of experienced start-up founders in venture capital acquisition: evidence from serial entrepreneurs (2007, unknown): “9 In a study of VC contractual terms, Kaplan and Strömberg (2003) observe that serial entrepreneurs are treated more favorably than novice entrepreneurs in terms of board control, liquidation rights, and the amount of funding received upfront, providing direct evidence for the fourth type of advanta”
Risk-Adjusting the Returns to Venture Capital (2015, unknown): “However, it is important to keep in Ljunqvist and Richardson (2003), Kaplan and Schoar (2005), Woodward (2009), Robinson and Sensoy (2011), Stucke (2011), and Ewens, Jones, and Rhodes-Kropf (2013) report VC fund returns that are equal to or slightly above the return on the market portfolio.”
Investment Cycles and Startup Innovation (2013, unknown): “Kaplan, Sensoy, and Stromberg (2002) compare the two databases and note that Venture Source is less likely to omit deals, a fact that is important when looking at firm bankruptcies.”
Venture Capital and Other Private Equity: A Survey (2011, unknown): “However, the deal-level data may suffer from incompleteness, as documented by (Kaplan et al. 2002) and (Maats et al.”
Building Relationships Early: Banks in Venture Capital (2008, background): “Petersen and Rajan (1994), Berger and Udell (1995) examine relationships in small private firms.”
Venture Capital Data: Opportunities and Challenges (2016, background): “The earlier comparison by Kaplan et al. (2002) had suggested some valuation advantages for VS.”