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A cross-country comparison of the exit modes experienced by venture capital firms: the case of the United Kingdom

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Detalhes bibliográficos
Resumo:This thesis examines and compares the German and UK venture capital markets concerning exits. It aims to improve the understanding of the dominant exit routes, the impact of IPOs and trade sales on the venture capital firm’s business model, and the underlying country factors of the respective markets. It was found that trade sales are the predominant exit route for both markets. Further, both exit routes are assigned a significant impact on the business model. Lastly, apparent differences between the two markets can be inferred from three factors: (1) ecosystem, (2) culture & mentality, and (3) regulations.
Autores principais:Beese, Cedric
Assunto:Venture capital ExioRoutes Trade sale Ipo Country factors Germany Uk
Ano:2023
País:Portugal
Tipo de documento:dissertação de mestrado
Tipo de acesso:acesso aberto
Instituição associada:Universidade Nova de Lisboa
Idioma:inglês
Origem:Repositório Institucional da UNL
Descrição
Resumo:This thesis examines and compares the German and UK venture capital markets concerning exits. It aims to improve the understanding of the dominant exit routes, the impact of IPOs and trade sales on the venture capital firm’s business model, and the underlying country factors of the respective markets. It was found that trade sales are the predominant exit route for both markets. Further, both exit routes are assigned a significant impact on the business model. Lastly, apparent differences between the two markets can be inferred from three factors: (1) ecosystem, (2) culture & mentality, and (3) regulations.