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Why Do Startups Become Unicorns Instead of Going Public?

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NBER2022-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w30604
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资源简介:
Unicorns are startups that choose to stay private even though they are large enough to go public. We propose an efficiency explanation for their existence. Startups relying highly on organization capital are more vulnerable to expropriation of their organization capital if they go public before
提供机构:
美国国家经济研究局
创建时间:
2022-10-01
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