The Role of Venture Capital Syndication in Value Creation for Entrepreneurial Firms

By X. Tian. Review of Finance, 2012

274 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/d434d187772b4017e92365ab0b80c6f762ba67c7

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Citations in the corpus

Venture Capital Investment And The Performance Of Entrepreneurial Firms: Evidence From China (2013, background): “Empirical studies support the arguments by demonstrating that syndicated deals have higher returns (Brander et al., 2002) and are more likely to have an exit approach and achieve higher IPO valuations (Chemmanur and Tian, 2009; Tian, 2011).”
Do private equity owners increase risk of financial distress and bankruptcy (2012, background): “Second, when investors combine their complementary skills, syndication may result in more intense monitoring and higher-quality support during the investment phase (e.g., Brander et al., 2002; Cumming and Walz, 2010; Tian, 2011), which further reduces the likelihood of bankruptcy.”
The Causes and Consequences of Venture Capital Stage Financing (2011, unknown): “unobservable characteristics of both VC firms and entrepreneurial firms, the number of investing VC firms may be endogenous in the regressions as well (Tian, 2010).”
The cost of friendship (2016, background): “Our paper is also related to the venture capital literature examining networks and connections as well as syndication decisions (e.g., Lerner, 1994; Hochberg et al., 2007; Hochberg et al., 2011; Gompers and Xuan, 2010; Tian, 2012).”
Governmental and independent venture capital investments in Europe: a firm-level performance analysis (2017, methodology): “Fourth, for each of the three “states of nature” (IVC-backed, GVC-backed or SYNDbacked companies), we performed a one-to-one propensity score matching without replacement in the year of the first VC investment to match each VC-backed company to a similar non-VC-backed twin firm (for applications of ”
Success in Global Venture Capital Investing: Do Institutional and Cultural Differences Matter? (2014, unknown): “Lerner (1994a), Brander et al. (2002), Nahata (2008), and Tian (2012) show that syndicated VC deals have higher success rates.”
Government, Venture Capital and the Growth of European High-Tech Entrepreneurial Firms (2014, methodology): “Matching procedures are well established in the VC literature (e.g., Megginson and Weiss, 1991; Puri and Zarutskie, 2012; Chemmanur et al., 2011; Tian, 2012; Croce et al., 2013).”