Browsing Law School by Subject "venture capital, control-reacquisition theory, initial public offering"

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    • Do Founders Control Start-up Firms that Go Public? 
      Broughman, Brian (Harvard Business Law Review, 2020)
      Black & Gilson (1998) argue that an IPO-welcoming stock market stimulates venture deals by enabling VCs to give founders a valuable "call option on control." We study 18,000 startups to investigate the value of this option. ...