A 10-Year Stretch: Strategies for Early Growth

Early-stage companies play a vital role in developing the world’s latest innovations, as shown in a study presented at the 2011 World Economic Forum. Based on interviews with executives from such top companies as eBay and Microsoft, the study reveals that the similarities in early-stage companies around the globe are far greater than their differences.

How Private Equity Investors Value Entrepreneurial Ventures

Private equities are an important and growing part of the worldwide capital markets, and include early stage investments, often backed by venture capital. In the article “Venture-Backed Private Equity Valuation and Financial Statement Information,” Professors Antonio Dávila of IESE, and George Foster and Chris Armstrong of Stanford analyze how financial statement information impacts the valuation of firms by private equity investors in the U.S. market. … [ Read more ]

After the Bubble Burst: A Groundbreaking Analysis

We are still seeking to understand the astonishing rise and then sharp fall of U.S. stock prices in 2000. The paper “U.S Public and Private Venture Capital Markets, 1998-2001,” describes what happened in a new light, by looking through the lens of underlying company financial fundamentals. The research reveals some important insights. For instance, contrary to popular belief, there was no single “bubble point” at … [ Read more ]