kaal:claim:2808132-046

The authors concede that the trend for venture-capital-financed technology companies to stay private and the market undervaluation of formerly venture-capital-financed companies mean the innovation potential identified by venture capital finance allocation may not always be shared by the market at large.

technology companies, among others, to stay private129 and market undervaluation of formerly venture-capital-financed companies130 suggest that the innovation potential identified by venture-capital-finance allocation may not always be shared by the market

Wulf A. Kaal, Erik P.M. Vermeulen, How to Regulate Disruptive Innovation - From Facts to Data (2016), VI. Venture Capital as Dynamic Regulation of Disruptive Innovation, p. 38
https://ssrn.com/abstract=2808132 · source PDF

Wulf A. Kaal, Erik P.M. Vermeulen, How to Regulate Disruptive Innovation - From Facts to Data (2016). SSRN: https://ssrn.com/abstract=2808132

• long-term market valuation of venture-capital-financed innovation
• companies remaining private rather than listing

failuresupport: arguedfailure: Venture capital signal divergence from market valuationfamily: measurement-and-metric-failureeconomicsinnovation

• extends kaal:claim:2740477-038 The authors concede a limitation of their own proposal: the innovation potential identified by venture capital...

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