STARTUP FAILURE
Venture-backed startups famously aim for a successful "exit" by going public or selling to another company through an acquisition deal and achieving financial return for all equity holders. A different path, however, is vastly more likely to occur--failure. Although high-risk innovative ve...
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Veröffentlicht in: | Duke law journal 2023-11, Vol.73 (2), p.327 |
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Format: | Artikel |
Sprache: | eng |
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Online-Zugang: | Volltext |
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Zusammenfassung: | Venture-backed startups famously aim for a successful "exit" by going public or selling to another company through an acquisition deal and achieving financial return for all equity holders. A different path, however, is vastly more likely to occur--failure. Although high-risk innovative ventures fail at exceedingly high rates, no scholarly account systematically explains what happens to these startups at the end of their life cycle. |
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ISSN: | 0012-7086 |