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Organization Capital, Large Startups, and the Dearth of IPOs

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NBER2026-05-01 更新2026-05-16 收录
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Many startups in the 2000s have remained private after achieving large valuations, a pattern that funding availability alone cannot explain. We propose that startups relying heavily on organization capital to achieve economies of scale and network effects through digital technologies are more likely

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2026-05-01
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