Why Do Startups Become Unicorns Instead of Going Public?
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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
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美国国家经济研究局创建时间：
2022-10-01
