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Abstract

Ther term ‘Venture Capital’ (VC) denotes resources that specialized investors provide to start-ups in order to help them commercialize their mainly high-technology ideas.1 The early stage character of these projects makes VC investments exceedingly vulnerable to information asymmetries ex-ante and ex-post to the investment decision.2

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© 2006 Deutscher Universitäts-Verlag/GWV Fachverlage GmbH, Wiesbaden

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(2006). Introduction. In: Venture Capitalists’ Exit Strategies under Information Asymmetry. DUV. https://doi.org/10.1007/978-3-8350-9018-7_1

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