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Korteweg et al., 2015 - Google Patents

Risk-adjusting the returns to venture capital

Korteweg et al., 2015

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Document ID
9058579437243632929
Author
Korteweg A
Nagel S
Publication year
Publication venue
Journal of Finance, Forthcoming, Rock Center for Corporate Governance at Stanford University Working Paper

External Links

Snippet

We adapt stochastic discount factor (SDF) valuation methods for venture capital (VC) performance evaluation. Our approach generalizes the popular Public Market Equivalent (PME) method and it allows statistical inference in the presence of cross-sectionally …
Continue reading at papers.ssrn.com (PDF) (other versions)

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